NOT LISTED FOR SALE

2940 Bannockburn Rd Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $181,302 - $214,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $195,000 $108 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,194/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Wood Flooring
  • Den with Fireplace
  • Storage Room

About This Home

As of April 2024

Very few times do you get the opportunity to live on a neighborhood of this caliber . This corner lot boasts 3 bedrooms 2 baths, living room , dining room, den, 2 car garage. Storage galore for all those special items that need their own space. Special financing available.

Last Agent to Sell the Property

Bill Pointer

NuHomes License #242319 Listed on: 03/05/2024

Last Buyer's Agent

Shelby Harris

The Home Partners Realty License #364039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1958

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 127x124
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,714 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Den with Fireplace
  • Storage Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Side Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Scenic Hills S/D Of Pt Lot 6 James Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083011 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734A
  • MAAR Subdivision Name: SCENIC HILLS BLK Bving room dining
  • Number Of Stories: 1
  • Price Per Sq Ft: 113.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1714
  • Year Built: 1958
  • List Price/ Sq Ft: 105
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Storage Room(s), Workshop(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 79
  • Acreage: 0.36
  • Lot Size: 127X124
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 083011 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 26, 2024
Sold by
Williams Toni Y and Williams Mickey W
Bought by
Virgous Michaella Allen
Seller's Agent
Bill Pointer
NuHomes
Buyer's Agent
Shelby Harris
The Home Partners Realty
List Price
$180,000
Sold Price
$195,000
Premium/Discount to List
$15,000
8.33%
Total Days on Market
2
Views
39
Current Estimated Value
$197,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,076
Avg. Annual Appreciation
0.97%
Original Mortgage
$191,468
Outstanding Balance
$189,301
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$7,775

Purchase Details

Closed on
Jun 25, 2022
Sold by
Burnett Marrecco S and Burnett Toni Y
Bought by
Williams Toni Y and Williams Mickey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,682
Interest Rate
4.31%
Mortgage Type
FHA

Purchase Details

Listed on
May 11, 2013
Closed on
Jul 11, 2013
Sold by
Robertson Rosie M
Bought by
Burnett Marrecco S and Burnett Toni Y
Seller's Agent
Lisa Thomas
BEST Real Estate Company
Buyer's Agent
Lisa Thomas
BEST Real Estate Company
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$93,279
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 1997
Sold by
Graves Harold O and Graves Sue Nell
Bought by
Robertson John Allen and Robertson Rosie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,670
Interest Rate
8%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Virgous Michaella Allen $195,000 Delta Title Services
Williams Toni Y -- Amrock
Burnett Marrecco S $95,000 Multiple
Robertson John Allen $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virgous Michaella Allen $191,468
Previous Owner Williams Toni Y $132,682
Previous Owner Burnett Marrecco S $93,279
Previous Owner Robertson John Allen $88,027
Previous Owner Robertson John Allen $35,000
Previous Owner Robertson John Allen $91,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $195,000 +8.3% $122 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $180,000 +89.5% $113 / Sq Ft
07/11/2013 07/11/13 Sold $95,000 0.0% $59 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/11/2013 05/11/13 For Sale $95,000 -- $59 / 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 $1,057 $47,775 $5,525 $42,250
2024 $1,057 $31,175 $4,450 $26,725
2023 $1,899 $31,175 $4,450 $26,725
2022 $1,899 $31,175 $4,450 $26,725
2021 $1,921 $31,175 $4,450 $26,725
2020 $1,531 $21,125 $4,450 $16,675
2019 $675 $21,125 $4,450 $16,675
2018 $675 $21,125 $4,450 $16,675
2017 $691 $21,125 $4,450 $16,675
2016 $863 $19,750 $0 $0
2014 $863 $19,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Pointer

    Seller's Agent in 2024

    Bill Pointer

    NuHomes

    4 in this area

    43 Total Sales

    Bill Pointer
    Section Image
  • Shelby Harris

    Buyer's Agent in 2024

    Shelby Harris

    The Home Partners Realty

    (901) 570-0653

    4 in this area

    19 Total Sales

    Shelby Harris
    Section Image
  • Lisa Thomas

    Seller's Agent in 2013

    Lisa Thomas

    BEST Real Estate Company

    (901) 679-2984

    1 in this area

    69 Total Sales

    Lisa Thomas
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167184

Memphis Area Association of REALTORS®

APN: 08-3011-0-0015

Tennessee Shelby County Memphis 38128 Frayser

2940 Bannockburn Rd, Memphis, TN

This home is located at 2940 Bannockburn Rd, Memphis, TN 38128 since 05 March 2024 and is currently estimated at $197,076, approximately $109 per square foot. This property was built in 1958. 2940 Bannockburn Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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