NOT LISTED FOR SALE

2953 Egypt Central Rd Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $46,000 - $91,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$55/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $39,000 $28 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $456/month

22 Days on Market

Highlights

  • 1.08 Acre Lot
  • Separate Formal Living Room
  • 1-Story Property
  • Traditional Architecture
  • Level Lot

About This Home

As of May 2024

This property is being sold as-is. Property is in need of a full rehab. Great for investors. Featuring three bedrooms, one bathroom, brick veneer, existing kitchen cabinets, sitting on over an acre. Located behind Amazon and Nike warehouses, this will be a great rental property once fixed up.

Last Agent to Sell the Property

Crystal Mitchell

Renshaw Company, REALTORS License #346815 Listed on: 03/10/2024

Last Buyer's Agent

Ana Dohogne

KAIZEN Realty, LLC License #298057

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1935

Lot Details

  • 1.08 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,242 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Hayhee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090011 00122

Home Details

Home Type

Single Family

Est. Annual Taxes

$468

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731A
  • MAAR Subdivision Name: HAYHEE
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1242
  • Year Built: 1935
  • List Price/ Sq Ft: 48
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Acreage: 1.08
  • Lot Size: 1.076
  • Price Per Acre: 54630

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090011 00122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
May 17, 2024
Sold by
Butler Property Llc
Bought by
Castaneda Exmirna Mena
Seller's Agent
Crystal Mitchell
Renshaw Company, REALTORS
Buyer's Agent
Ana Dohogne
KAIZEN Realty, LLC
List Price
$59,000
Sold Price
$39,000
Premium/Discount to List
-$20,000
-33.9%
Views
172
Current Estimated Value
$76,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,522
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Nov 9, 2023
Sold by
Paradigm21 Capital Llc
Bought by
Butler Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,436
Interest Rate
7.49%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 9, 2022
Sold by
Jenkins Norman L and Jenkins Brenda C
Bought by
Paradigm21 Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,770
Interest Rate
6.94%
Mortgage Type
Construction
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
Castaneda Exmirna Mena $39,000 Regency Title & Escrow
Butler Property Llc $47,436 Delta Title Services
Butler Property Llc $47,436 Delta Title Services
Paradigm21 Capital Llc $13,000 Local Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Property Llc $47,436
Previous Owner Paradigm21 Capital Llc $86,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $39,000 -33.9% $33 / Sq Ft
03/10/2024 03/10/24 For Sale $59,000 -- $49 / 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 $468 $15,350 $2,300 $13,050
2024 -- $13,800 $2,200 $11,600
2023 $841 $13,800 $2,200 $11,600
2022 $841 $13,800 $2,200 $11,600
2021 $999 $13,800 $2,200 $11,600
2020 $728 $10,050 $2,200 $7,850
2019 $321 $10,050 $2,200 $7,850
2018 $321 $10,050 $2,200 $7,850
2017 $329 $10,050 $2,200 $7,850
2016 $439 $10,050 $0 $0
2014 $439 $10,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Mitchell

    Seller's Agent in 2024

    Crystal Mitchell

    Renshaw Company, REALTORS

    (901) 864-2650

    7 in this area

    199 Total Sales

    Crystal Mitchell
    Section Image

  • A

    Buyer's Agent in 2024

    Ana Dohogne

    KAIZEN Realty, LLC

    (901) 314-8212

    1 in this area

    43 Total Sales

    Ana Dohogne
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167576

Memphis Area Association of REALTORS®

APN: 09-0011-0-0122

Tennessee Shelby County Memphis 38128 Frayser

2953 Egypt Central Rd, Memphis, TN

This home is located at 2953 Egypt Central Rd, Memphis, TN 38128 since 10 March 2024 and is currently estimated at $76,522, approximately $54 per square foot. This property was built in 1935. 2953 Egypt Central Rd is a home located in Shelby County with nearby schools including Keystone Elementary School, Raleigh Egypt High School, and Libertas School of Memphis.

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