NOT LISTED FOR SALE

2908 Elbert Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $126,000 - $132,000

2 Beds
1 Bath
885 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: June 4, 2024

Last sale price $136,000 $154 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $809 / mo

33 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Separate Formal Living Room
  • Brick Veneer

About This Home

As of June 2024

Amazing investment opportunity. This property offers two units, each featuring a 2 bedroom, 1 bathroom layout. Rent ready! Both sides have been updated with new flooring, fresh paint, and numerous enhancements to cater to modern living standards. Currently vacant, this duplex presents a compelling cash flow potential with market rents at $850 per side, totaling $1,700 per month. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 04/26/2024

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 112x137
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 885 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Updated Kitchen

Flooring

  • Wood
  • Tile

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Schoolfield St Elmo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072121 B00004

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Style: Traditional
  • Second Address Number: 2910
  • MAAR Subdivision Name: SCHOOLFIELD ST ELMO
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 885
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 70
  • Acreage: 0.2
  • Lot Size: 112X137

Tax Info

  • Assessor Parcel Number: 072121 B00004

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 31, 2024
Sold by
Bought by
Seller's Agent
Brett Bernard
The Stamps Real Estate Company
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$140,000
Sold Price
$136,000
Premium/Discount to List
-$4,000
-2.86%
Views
7
Current Estimated Value
$128,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,333
Avg. Annual Appreciation
-2.60%

Purchase Details

Listed on
Apr 12, 2023
Closed on
Aug 8, 2023
Sold by
Bought by
List Price
$115,900
Sold Price
$110,000
Premium/Discount to List
-$5,900
-5.09%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.13%

Purchase Details

Closed on
Oct 16, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2019
Sold by
Bought by

Purchase Details

Closed on
May 5, 2017
Sold by
Bought by

Purchase Details

Closed on
May 4, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2016
Sold by
Bought by

Purchase Details

Closed on
May 23, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 1995
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$136,000 Local Title
$110,000 Title Assurance & Escrow
$75,000 None Available
$65,000 None Available
$55,000 None Available
$42,000 None Available
$20,000 None Available
$4,500 None Available
$2,200 None Available
$31,900 Ctc
$21,500 West Tennessee Title
$36,975 --
$16,763 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $102,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2024 06/04/24 Sold $136,000 -2.9% $154 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $140,000 +27.3% $158 / Sq Ft
08/07/2023 08/07/23 Sold $110,000 -5.1% $64 / Sq Ft View Prior Sale
06/20/2023 06/20/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $115,900 -- $68 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,412 $52,480 $2,400 $50,080
2024 -- $11,560 $2,000 $9,560
2023 $704 $11,560 $2,000 $9,560
2022 $704 $11,560 $2,000 $9,560
2021 $712 $11,560 $2,000 $9,560
2020 $884 $12,200 $2,000 $10,200
2019 $118 $3,680 $2,000 $1,680
2018 $118 $3,680 $2,000 $1,680
2017 $0 $0 $0 $0
2016 $219 $5,000 $0 $0
2014 $829 $18,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Bernard

    Seller's Agent in 2024

    Brett Bernard

    The Stamps Real Estate Company

    (901) 692-7401

    94 in this area

    259 Total Sales

    Brett Bernard
    Section Image
  • Dean Harris

    Buyer's Agent in 2024

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    209 in this area

    1,380 Total Sales

    Dean Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171023

Memphis Area Association of REALTORS®

APN: 07-2121-B0-0004

Tennessee Shelby County Memphis 38127 Frayser

2908 Elbert Dr, Memphis, TN

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