NOT LISTED FOR SALE

2979 McVay Trail Dr Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $218,237 - $225,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $132,000 $83 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,340/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Room
  • Double Vanity
  • Great Room
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of June 2018

Great East Memphis location and move in ready! 2 car garage. Spacious kitchen with tile floors and built in desk. Separate breakfast area with French doors that open to the back patio. Laundry room. Great room with wood laminate floors and fireplace. Large master bedroom with ceiling fan. Luxury master bath with his and her vanities, tile floors, tile surround and large walk in closet.

Last Agent to Sell the Property

Jessica Brown

REMAX Experts License #289132 Listed on: 05/23/2018

REMAX Experts

Last Buyer's Agent

Kira Auvert

Adaro Realty, Inc. License #281535

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1983

Lot Details

  • 0.26 Acre Lot
  • Wood Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,393 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Mcvay Place Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081071 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Crestridge
  • MLS Map #: 783I
  • MAAR Subdivision Name: MCVAY PLACE SEC C
  • List Price Per Sq Ft: 90
  • Number Of Stories: 1
  • Price Per Sq Ft: 94.76
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1393
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Great Room, Separate Breakfast Room
  • Misc Interior: Walk-In Closet(s), Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Patio, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 5
  • Acreage: 0.26
  • Lot Size: 90X130.45/130.46
  • Price Per Acre: 480385

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 081071 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 25, 2018
Sold by
Amrican Homes 4 Rent Trs Llc
Bought by
Hinojoza Cazarez Carlos Omar Hinojoza
Seller's Agent
Jessica Brown
REMAX Experts
Buyer's Agent
Kira Auvert
Adaro Realty, Inc.
List Price
$124,900
Sold Price
$132,000
Premium/Discount to List
$7,100
5.68%
Current Estimated Value
$226,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,147
Avg. Annual Appreciation
7.66%
Original Mortgage
$6,600
Outstanding Balance
$5,756
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$217,441

Purchase Details

Closed on
Oct 15, 2016
Sold by
Ah4r Tn 3 Llc
Bought by
American Homes 4 Rent Trs Llc

Purchase Details

Closed on
Feb 25, 2015
Sold by
Sfr 2014 Tn Llc
Bought by
Ah4r Tn 3 Llc

Purchase Details

Listed on
Apr 2, 2013
Closed on
May 15, 2013
Sold by
Derrick Ryan D and Derrick Kelley A
Bought by
Tulip Poplar 2093 Llc
Seller's Agent
Bonita Evans
McWaters & Associates
Buyer's Agent
Jessica Virden
KAIZEN Realty, LLC
List Price
$99,000
Sold Price
$88,750
Premium/Discount to List
-$10,250
-10.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Aug 27, 1998
Sold by
Dave Ajay K and Dave Champa A
Bought by
Derrick Ryan D and Derrick Kelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,815
Interest Rate
6.96%
Mortgage Type
FHA
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
Hinojoza Cazarez Carlos Omar Hinojoza $132,000 Regency Title & Escrow Llc
American Homes 4 Rent Trs Llc -- None Available
Ah4r Tn 3 Llc -- None Available
Tulip Poplar 2093 Llc $88,750 Home Surety Title & Escrow
Derrick Ryan D $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cazarez Carlos Omar Hinojoza $6,600
Open Hinojoza Cazarez Carlos Omar Hinojoza $129,609
Previous Owner Derrick Ryan D $97,179
Previous Owner Derrick Ryan D $106,815
Previous Owner Derrick Ryan D $106,815
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $132,000 +5.7% $94 / Sq Ft
05/23/2018 05/23/18 For Sale $124,900 +40.7% $89 / Sq Ft
05/15/2013 05/15/13 Sold $88,750 -10.4% $74 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $99,000 -- $83 / 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 $1,227 $50,800 $8,500 $42,300
2024 $1,227 $36,200 $7,650 $28,550
2023 $2,205 $36,200 $7,650 $28,550
2022 $2,205 $36,200 $7,650 $28,550
2021 $2,231 $36,200 $7,650 $28,550
2020 $2,098 $28,950 $6,450 $22,500
2019 $925 $28,950 $6,450 $22,500
2018 $925 $28,950 $6,450 $22,500
2017 $947 $28,950 $6,450 $22,500
2016 $1,038 $23,750 $0 $0
2014 $1,038 $27,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Brown

    Seller's Agent in 2018

    Jessica Brown

    RE/MAX

    (901) 210-3474

    375 Total Sales

    Section Image
  • Kira Auvert

    Buyer's Agent in 2018

    Kira Auvert

    Adaro Realty, Inc.

    (901) 848-3014

    1 in this area

    142 Total Sales

    Section Image

  • B

    Seller's Agent in 2013

    Bonita Evans

    McWaters & Associates

  • N

    Seller Co-Listing Agent in 2013

    Nell Martin

    McWaters & Associates

  • Jessica Virden

    Buyer's Agent in 2013

    Jessica Virden

    KAIZEN Realty, LLC

    (901) 461-8511

    82 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027679

Memphis Area Association of REALTORS®

APN: 08-1071-0-0029

Tennessee Shelby County Memphis 38119 Shady Grove

2979 McVay Trail Dr, Memphis, TN

This home is located at 2979 McVay Trail Dr, Memphis, TN 38119 since 23 May 2018 and is currently estimated at $222,059, approximately $138 per square foot. This property was built in 1983. 2979 McVay Trail Dr is a home located in Shelby County with nearby schools including Oak Forest Elementary, Ridgeway Middle School, and Ridgeway High School.

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