NOT LISTED FOR SALE

2942 New Allen Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $111,000 - $124,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $60,000 $43 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $679/month

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Outdoor Storage
  • Some Wood Windows
  • Storage Room
  • Central Air

About This Home

As of February 2021

Super deal for the investor or buyer to give TLC to a potential gem.

Last Agent to Sell the Property

Wanda Gordon

The Peyton Co., Inc., REALTORS License #250359 Listed on: 12/17/2020

The Peyton Co., Inc., REALTORS

Last Buyer's Agent

Patricia Richmond-Young

Coldwell Banker Collins-Maury License #277855

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1954

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 92x155
  • Dog Run
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • 1 Parking Space

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,303 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer Hookup
  • Attic Access Panel
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • 220 Volts
  • Electric Water Heater

Community Details

  • Scenic Highway 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084015 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: scenic hills
  • MLS Map #: 734B
  • MAAR Subdivision Name: SCENIC HWY 3RD ADD
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Price Per Sq Ft: 46.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1303
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet, Level 1
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Equipment: Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Washer/Dryer Connections
  • Master Bedroom: Hardwood Floor, Level 1
  • Master Bedroom Dimensions: 00x00
  • Misc Interior: All Window Treatments, Attic Access
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Dog Run, Storage Building
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: 220 Wiring, Central
  • Heating: Gas, Wall Unit
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 28
  • Acreage: 0.32
  • Lot Size: 92X155
  • Price Per Acre: 203125

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 084015 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 9, 2021
Sold by
Allen Rheana E and Williams Rhonda M
Bought by
Peak Properties Llc
Seller's Agent
Wanda Gordon
The Peyton Co., Inc., REALTORS
Buyer's Agent
Patricia Richmond-Young
Coldwell Banker Collins-Maury
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$118,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,296
Avg. Annual Appreciation
15.72%
Original Mortgage
$69,236
Outstanding Balance
$6,119
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$112,177

Purchase Details

Closed on
Mar 22, 1995
Bought by
Martin James E and Martin A
Source: Public Records

Range of Values:

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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
Peak Properties Llc $60,000 Mid South Title
Peak Properties Llc $60,000 Mid South Title Services
Martin James E $54,216 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peak Properties Llc $69,236
Closed Peak Properties Llc $69,236
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $60,000 -7.7% $50 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $65,000 -- $54 / 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 $618 $26,975 $1,950 $25,025
2024 $618 $18,225 $1,750 $16,475
2023 $1,110 $18,225 $1,750 $16,475
2022 $1,110 $18,225 $1,750 $16,475
2021 $629 $18,225 $1,750 $16,475
2020 $973 $13,425 $1,750 $11,675
2019 $429 $13,425 $1,750 $11,675
2018 $429 $13,425 $1,750 $11,675
2017 $439 $13,425 $1,750 $11,675
2016 $544 $12,450 $0 $0
2014 $544 $12,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wanda Gordon

    Seller's Agent in 2021

    Wanda Gordon

    The Peyton Co., Inc., REALTORS

    (901) 212-5752

    1 in this area

    21 Total Sales

    Wanda Gordon
    Section Image
  • Patricia Richmond-Young

    Buyer's Agent in 2021

    Patricia Richmond-Young

    Coldwell Banker Collins-Maury

    (901) 485-2559

    1 in this area

    181 Total Sales

    Patricia Richmond-Young
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090550

Memphis Area Association of REALTORS®

APN: 08-4015-0-0009

Tennessee Shelby County Memphis 38128 Raleigh

2942 New Allen Rd, Memphis, TN

This home is located at 2942 New Allen Rd, Memphis, TN 38128 since 17 December 2020 and is currently estimated at $118,296, approximately $84 per square foot. This property was built in 1954. 2942 New Allen 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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