NOT LISTED FOR SALE

2946 Grenadier Cove Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $94,361 - $127,000

2 Beds
1 Bath
1,634 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $120,000 $73 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $665 / mo

84 Days on Market

About This Home

As of March 2025

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/14/2024

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/14/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 36x131

Home Design

  • Duplex

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Great Room

Community Details

  • Schoolfield St Elmo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072121 B00025

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.26 Acres

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Second Address Number: 2948
  • MAAR Subdivision Name: SCHOOLFIELD ST ELMO
  • Number Of Stories: 1
  • Estimated Sq Ft: 1634
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Lot Info

  • Lot Number: 91
  • Acreage: 0.26
  • Lot Size: 36X131
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 072121 B00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
May 5, 2025
Sold by
Serrano Ricardo M
Bought by
Perurise Investments Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%
Views
6
Current Estimated Value
$114,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,660
Avg. Annual Appreciation
-4.15%

Purchase Details

Listed on
Nov 14, 2024
Closed on
Mar 31, 2025
Sold by
Wref Iii Loan 7 Llc
Bought by
Serrano Ricardo M
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%
Views
6

Purchase Details

Closed on
Nov 6, 2023
Sold by
Whitestone R/E Fund Iii Lp
Bought by
Wref Iii Loan 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,031,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 3, 2022
Sold by
Tnsee Investments Group Llc
Bought by
Whitestone Real Estate Fund Iii Lp
Seller's Agent
Joshua Cooper
Sowell, Realtors
Buyer's Agent
Caleb Parr
Renshaw Company, REALTORS
List Price
$134,900
Sold Price
$126,000
Premium/Discount to List
-$8,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.42%
Original Mortgage
$88,200
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2019
Sold by
Arthur F Jones Agrelli Holding Llc
Bought by
Tnsee Investment Group Llc

Purchase Details

Closed on
Jan 31, 2019
Sold by
Vp 2 Llc
Bought by
Jones Arthur F

Purchase Details

Closed on
Jun 6, 2013
Sold by
The Bank Of New York Mellon Trust Co Na
Bought by
Vp 2 Llc

Purchase Details

Closed on
Apr 4, 2012
Sold by
Gissing Paul and Gissing Virginia
Bought by
Bank Of New York Mellon Trust Co Na

Purchase Details

Closed on
Jan 25, 2006
Sold by
Watson Jeanette P
Bought by
Gissing Paul and Gissing Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2005
Sold by
Rogers James and Rogers Rhoda
Bought by
Watson Jeanette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
2.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 13, 2003
Sold by
Bobo Donna
Bought by
Rogers James and Rogers Rhoda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
6.01%

Purchase Details

Closed on
Sep 19, 1997
Sold by
Dugan Michael
Bought by
Dugan Michael J and Dlb Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
Perurise Investments Llc -- None Listed On Document
Serrano Ricardo M $120,000 River City Title & Escrow
Wref Iii Loan 7 Llc $539,900 None Listed On Document
Whitestone Real Estate Fund Iii Lp $126,000 Delta Title Services
Tnsee Investment Group Llc $53,000 None Available
Jones Arthur F $10,000 Saddle Creek Title Llc
Vp 2 Llc $5,255 None Available
Bank Of New York Mellon Trust Co Na $15,000 None Available
Gissing Paul $45,000 Rudy Title & Escrow
Watson Jeanette P $50,000 --
Rogers James $44,000 --
Dugan Michael J -- --
Dugan Michael J -- --
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
Previous Owner Wref Iii Loan 7 Llc $7,031,000
Previous Owner Whitestone Real Estate Fund Iii Lp $88,200
Previous Owner Gissing Paul $36,000
Previous Owner Watson Jeanette P $42,500
Previous Owner Rogers James $39,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $120,000 -4.8% $73 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $126,000 -9.9% $77 / Sq Ft
12/17/2024 12/17/24 For Sale $139,900 0.0% $86 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $139,900 +11.0% $86 / Sq Ft
06/03/2022 06/03/22 Sold $126,000 -6.6% $77 / Sq Ft View Prior Sale
04/26/2022 04/26/22 For Sale $134,900 -- $83 / 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 $690 $33,040 $2,400 $30,640
2024 $690 $20,360 $2,000 $18,360
2023 $1,240 $20,360 $2,000 $18,360
2022 $1,240 $20,360 $2,000 $18,360
2021 $702 $20,360 $2,000 $18,360
2020 $1,498 $20,680 $2,000 $18,680
2019 $115 $3,600 $2,000 $1,600
2018 $115 $3,600 $2,000 $1,600
2017 $118 $3,600 $2,000 $1,600
2016 $213 $4,880 $0 $0
2014 $213 $4,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2025

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    210 in this area

    1,385 Total Sales

    Dean Harris
    Section Image
  • Joshua Cooper

    Seller's Agent in 2022

    Joshua Cooper

    Sowell, Realtors

    (901) 871-1204

    11 in this area

    132 Total Sales

    Joshua Cooper
    Section Image
  • Caleb Parr

    Buyer's Agent in 2022

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    43 in this area

    415 Total Sales

    Caleb Parr
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185230

Memphis Area Association of REALTORS®

APN: 07-2121-B0-0025

Tennessee Shelby County Memphis 38127 Frayser

2946 Grenadier Cove, Memphis, TN

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