NOT LISTED FOR SALE

2925 Spring Hill Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $119,000 - $206,000

5 Beds
2.5 Baths
3,090 Sq Ft
$56/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $25,000 $8 Per Sq Ft

Est. 587% increase in value since last sale

Current estimated payment $1,026/month

66 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • 1 Fireplace
  • Den
  • 1 Car Attached Garage

About This Home

As of May 2012

This is a Fannie Mae HomePath property. Large home with 4 bedrooms and 2 full baths, huge den, formal living room and dining room and more.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 03/16/2012

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 03/16/2012

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,090 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Sky Lake S/D Sec E Revised Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072113 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727E
  • MAAR Subdivision Name: SKY LAKE SEC E
  • Number Of Stories: 1
  • Price Per Sq Ft: 8.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3090
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 5
  • Bedrooms Down: 5
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 273
  • Acreage: 0.47

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 072113 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Sold by
Arroyo Holdings Llc
Bought by
Maverick Equity Partners Llc
Current Estimated Value
$171,854

Purchase Details

Closed on
Feb 29, 2016
Sold by
Maverick Equity Partners Llc
Bought by
Flagstone Creek Properties Llc

Purchase Details

Closed on
Dec 2, 2014
Sold by
Arroyo Holdings Llc
Bought by
Maverick Equity Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 14, 2014
Sold by
Mid South Home Investors Llc
Bought by
Arroyo Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.32%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 16, 2012
Closed on
May 31, 2012
Sold by
Fannie Mae
Bought by
Mid South Home Investors Llc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
List Price
$36,500
Sold Price
$25,000
Premium/Discount to List
-$11,500
-31.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$53,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2011
Sold by
Mckinley Marlon F and Mckinley Carla D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 14, 2005
Sold by
Mckinley Marlon F and Mckinney Marlow F
Bought by
Mckinley Marlon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1994
Bought by
Mckinley Marlon F
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Maverick Equity Partners Llc -- Saddle Creek Title Llc
Flagstone Creek Properties Llc $110,000 Saddle Creek Title Llc
Maverick Equity Partners Llc -- None Available
Arroyo Holdings Llc -- Saddle Creek Title Llc
Arroyo Holdings Llc $80,000 None Available
Mid South Home Investors Llc $25,000 Tam Title & Escrow Llc
Federal National Mortgage Association $114,840 None Available
Mckinley Marlon F -- --
Mckinley Marlon F $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maverick Equity Partners Llc $100,000
Previous Owner Maverick Equity Partners Llc $80,000
Previous Owner Mid-South Home Investors Llc $35,000
Previous Owner Mid South Home Investors Llc $53,000
Previous Owner Mckinley Marlon F $111,200
Previous Owner Mckinley Marlon F $94,039
Previous Owner Mckinley Marlon F $7,359
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $25,000 -31.5% $8 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $36,500 -- $12 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,160 $47,300 $3,375 $43,925
2024 -- $34,225 $2,600 $31,625
2023 $2,085 $34,225 $2,600 $31,625
2022 $2,085 $34,225 $2,600 $31,625
2021 $2,109 $34,225 $2,600 $31,625
2020 $1,757 $24,250 $2,600 $21,650
2019 $1,757 $24,250 $2,600 $21,650
2018 $1,757 $24,250 $2,600 $21,650
2017 $997 $24,250 $2,600 $21,650
2016 $1,096 $25,075 $0 $0
2014 $1,096 $25,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2012

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    12 in this area

    263 Total Sales

    Jimmie Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3242919

Memphis Area Association of REALTORS®

APN: 07-2113-0-0005

Tennessee Shelby County Memphis 38127 Frayser

2925 Spring Hill Dr, Memphis, TN

This home is located at 2925 Spring Hill Dr, Memphis, TN 38127 since 16 March 2012 and is currently estimated at $171,854, approximately $55 per square foot. This property was built in 1964. 2925 Spring Hill Dr is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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