NOT LISTED FOR SALE

2892 Rainier Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $98,000 - $132,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $62,000 $44 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $631/month

21 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Attic
  • Some Wood Windows

About This Home

As of March 2018

House completely and beautifully renovated by Frayser Community Development Corporation. New roof, mostly new windows, new kitchen, updated bath, refinished hardwood floors, new paint, new carpet in bedroom, new range, refrigerator and dishwasher. New central heat and air. Large fenced lot with mature pecan tree in back yard. Some down payment assistance money still available. Cheaper to own than renting an apartment. Income restrictions and disclosures apply. Call and ask.

Last Agent to Sell the Property

Larry Alexander

REMAX Experts License #208488 Listed on: 01/29/2018

REMAX Experts

Last Buyer's Agent

Laura Lovelace

Crye-Leike, Inc., REALTORS License #326558

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 20,909 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,364 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Remodeled Bathroom

Home Security

  • Monitored
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Alta Vista Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 070039 00014

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.48 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ALTA VISTA
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1364
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Private Half Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Smoke Detector(s), Monitored Alarm
  • Other Rooms: Entry Hall, Attic
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 31
  • Acreage: 0.48
  • Lot Size: 171.56/80.45 X 175/151.35

Tax Info

  • Assessor Parcel Number: 070039 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 23, 2018
Sold by
The Frayser Community Developmnent Corp
Bought by
Jones Janet O
Seller's Agent
Larry Alexander
REMAX Experts
Buyer's Agent
Laura Lovelace
Crye-Leike, Inc., REALTORS
List Price
$62,000
Sold Price
$62,000
Current Estimated Value
$110,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,736
Avg. Annual Appreciation
7.51%
Original Mortgage
$60,877
Outstanding Balance
$52,053
Interest Rate
4.38%
Mortgage Type
FHA
Estimated Equity
$58,683

Purchase Details

Closed on
Jun 19, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
The Frayser Community Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2010
Sold by
Lemont Bruce A and Lemont Robin R
Bought by
Secretary Of H U D

Purchase Details

Closed on
Aug 11, 1997
Sold by
Barnes William Joseph
Bought by
Lemont Bruce A and Lemont Robin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
7.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Janet O $62,000 Realty Title
The Frayser Community Development $24,000 None Available
Secretary Of H U D -- None Available
Lemont Bruce A $56,000 --
Lemont Bruce A $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Janet O $60,877
Previous Owner The Frayser Community Development $26,000
Previous Owner Lemont Bruce A $55,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $62,000 0.0% $52 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $62,000 -- $52 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $578 $27,725 $2,050 $25,675
2024 $578 $17,050 $1,800 $15,250
2023 $1,039 $17,050 $1,800 $15,250
2022 $1,039 $17,050 $1,800 $15,250
2021 $1,051 $17,050 $1,800 $15,250
2020 $884 $12,200 $1,800 $10,400
2019 $884 $12,200 $1,800 $10,400
2018 $694 $9,575 $1,800 $7,775
2017 $394 $9,575 $1,800 $7,775
2016 $416 $9,525 $0 $0
2014 $416 $9,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Alexander

    Seller's Agent in 2018

    Larry Alexander

    RE/MAX

    (901) 454-0858

    5 in this area

    29 Total Sales

    Larry Alexander
    Section Image
  • Laura Lovelace

    Buyer's Agent in 2018

    Laura Lovelace

    Crye-Leike

    (901) 372-3690

    41 Total Sales

    Laura Lovelace
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10019341

Memphis Area Association of REALTORS®

APN: 07-0039-0-0014

Tennessee Shelby County Memphis 38127 Frayser

2892 Rainier Dr, Memphis, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.