NOT LISTED FOR SALE

2947 Brewer Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $62,000 - $176,000

2 Beds
1 Bath
100-999 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $53,750 $54 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $536/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Tile Flooring
  • Separate Formal Living Room
  • Burglar Security System
  • Outdoor Storage

About This Home

As of June 2024

A solid, well built home with 2 bedrooms and 1 bath. Will need some cosmetic sprucing up however, it is move in ready and the monetary returns for an owner occupant or an investor will prove to be a good decision. Spacious backyard and a storage house. See attached documents for submitting an offer.

Last Agent to Sell the Property

Chauncey Burton

Keller Williams License #293468 Listed on: 05/21/2024

Keller Williams

Co-Listed By

Ann C. Sims

Crye-Leike, Inc., REALTORS License #205272

Last Buyer's Agent

Jonathan Nunez

Fast Track Realty, LLC License #349008

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 900 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Casement Windows
  • Separate Formal Living Room
  • Tile Flooring
  • Attic Fan

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Window Bars
  • Burglar Security System
  • Storm Doors
  • Iron Doors

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Fairlawn Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Bethel Grove
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 900
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Tile Floor
  • Bedroom 3 Description: Level 1, Tile Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Equipment: Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Pantry
  • Misc Interior: All Window Treatments, Security System
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence, Storage
  • Exterior Windows: Brick Veneer, Casement Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, On-Street Parking

Utilities

  • Cooling: Window Unit(s), Attic Fan
  • Heating: Gas, Wall Unit
  • Security: Burglar Alarm, Window Guard(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Size: 58x132/0.17
  • Geo Subdivision: TN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 26, 2024
Sold by
Gardner Quinter J and Gardner Veronica T
Bought by
Keys For Equity Llc
Seller's Agent
Chauncey Burton
Keller Williams
Buyer's Agent
Jonathan Nunez
Fast Track Realty, LLC
List Price
$57,000
Sold Price
$53,750
Premium/Discount to List
-$3,250
-5.7%
Views
23
Current Estimated Value
$97,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,291
Avg. Annual Appreciation
47.13%
Original Mortgage
$81,000
Outstanding Balance
$80,038
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$17,003

Purchase Details

Closed on
Jul 29, 2022
Sold by
Gardner Quinter J
Bought by
Gardner Veronica D
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

Date Buyer Sale Price Title Company
Keys For Equity Llc $53,750 Realty Title
Gardner Veronica D -- Mckinnon John B
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keys For Equity Llc $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $53,750 -19.8% $538 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $67,000 +17.5% $670 / Sq Ft
05/21/2024 05/21/24 For Sale $57,000 -- $570 / 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 -- $20,450 $2,450 $18,000
2024 $349 $10,300 $1,000 $9,300
2023 $627 $10,300 $1,000 $9,300
2022 $627 $10,300 $1,000 $9,300
2021 $635 $10,300 $1,000 $9,300
2019 $182 $5,700 $1,000 $4,700
2018 $182 $5,700 $1,000 $4,700
2017 $186 $5,700 $1,000 $4,700
2016 $271 $6,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chauncey Burton

    Seller's Agent in 2024

    Chauncey Burton

    Keller Williams

    (901) 230-8414

    3 in this area

    41 Total Sales

    Chauncey Burton
    Section Image
  • Ann C. Sims

    Seller Co-Listing Agent in 2024

    Ann C. Sims

    Crye-Leike

    (901) 849-5933

    1 in this area

    16 Total Sales

    Ann C. Sims
    Section Image
  • Jonathan Nunez

    Buyer's Agent in 2024

    Jonathan Nunez

    Fast Track Realty, LLC

    (901) 453-8455

    18 in this area

    406 Total Sales

    Jonathan Nunez
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10172860

Memphis Area Association of REALTORS®

APN: 05-9030-0-0007

Tennessee Shelby County Memphis 38114 Southeast Memphis

2947 Brewer Ave, Memphis, TN

Not Listed for Sale

Detached

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