$60,000
SOLD NOV 22, 2021

2982 Shannon Ave Memphis, TN 38108

Douglass Neighborhood
1 Bed
1 Bath
1,050 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

8% Below List Price

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property

About This Home

As of January 2024

Tenant occupied on both sides. Total rent is $915. Long term Tenants are month to month. No showings without accepted offer. Do not disturb tenants.

Last Agent to Sell the Property

Michelle Hayes Thomas

Hayes Homes and Realty, Inc License #265701 Listed on: 11/06/2021

Co-Listed By

Carolyn McAfee

Hayes Homes and Realty, Inc License #345734

Last Buyer's Agent

Fara Captain

Zeitlin Sotheby's Internation License #327698

Zeitlin Sotheby's Internation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $210

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Community Details

  • Warford Ave Blk 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043025 00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$210

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 743A
  • MAAR Subdivision Name: WARFORD AVE BLK 2
  • Freestanding: Yes
  • List Price Per Sq Ft: 62
  • Number Of Stories: 1
  • Price Per Sq Ft: 57.14
  • Estimated Sq Ft: 1050
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 13
  • Acreage: 0.11
  • Lot Size: 40X125
  • Price Per Acre: 590909

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 043025 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Jan 4, 2024
Sold by
Greystone Capital Inc
Bought by
M & A Rental Properties 2 Llc
Seller's Agent
Fara Captain
Zeitlin Sotheby's Internation
Buyer's Agent
Fara Captain
Zeitlin Sotheby's Internation
List Price
$149,999
Sold Price
$143,000
Premium/Discount to List
-$6,999
-4.67%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$107,250
Outstanding Balance
$105,467
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$36,042

Purchase Details

Listed on
Nov 6, 2021
Closed on
Nov 22, 2021
Sold by
Hampton Larry B
Bought by
Capital Greystone
Seller's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
Buyer's Agent
Fara Captain
Zeitlin Sotheby's Internation
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.34%

Purchase Details

Closed on
Jan 17, 2012
Sold by
Sonoma Investments Llc
Bought by
Hampton Larry B

Purchase Details

Closed on
Jun 25, 2009
Sold by
Holcomb W T
Bought by
Sonoma Investments Llc

Purchase Details

Closed on
Apr 27, 2009
Sold by
Holcomb W T
Bought by
Franklin Tommie

Purchase Details

Closed on
Apr 28, 1998
Sold by
Goldfarb Family Trust The
Bought by
Holcomb W T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $143,000 Saddle Creek Title
Warranty Deed $60,000 Millennial Title
Quit Claim Deed $2,250 None Available
Trustee Deed $65,152 None Available
Quit Claim Deed -- None Available
Warranty Deed $25,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $107,250 New Conventional
Previous Owner $22,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $145,000 0.0% $138 / Sq Ft
11/22/2024 11/22/24 Rented $595 0.0% --
11/22/2024 11/22/24 Price Changed $595 +13.3% $1 / Sq Ft
11/08/2024 11/08/24 For Rent $525 0.0% --
01/08/2024 01/08/24 Sold $143,000 -4.7% $136 / Sq Ft
07/22/2023 07/22/23 For Sale $149,999 +150.0% $143 / Sq Ft
11/22/2021 11/22/21 Sold $60,000 -7.7% $57 / Sq Ft
11/06/2021 11/06/21 For Sale $65,000 -- $62 / 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 $210 $24,720 $2,600 $22,120
2024 $210 $6,200 $1,400 $4,800
2023 $378 $6,200 $1,400 $4,800
2022 $378 $6,200 $1,400 $4,800
2021 $449 $6,200 $1,400 $4,800
2020 $699 $9,640 $1,400 $8,240
2019 $308 $9,640 $1,400 $8,240
2018 $308 $9,640 $1,400 $8,240
2017 $315 $9,640 $1,400 $8,240
2016 $400 $9,160 $0 $0
2014 $400 $9,160 $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

    16 in this area

    1,434 Total Sales

    Dean Harris
    Section Image

  • D

    Seller's Agent in 2024

    Debbie Tolbert

    Crestcore Realty, LLC

    (901) 647-9199

    Debbie Tolbert
    Section Image
  • Fara Captain

    Seller's Agent in 2024

    Fara Captain

    Zeitlin Sotheby's Internation

    (901) 500-8034

    2 in this area

    162 Total Sales

    Fara Captain
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Ashley Monroe

    KAIZEN Realty, LLC

    Section Image
  • Michelle Hayes Thomas

    Seller's Agent in 2021

    Michelle Hayes Thomas

    Hayes Homes and Realty, Inc

    (901) 650-0486

    1 in this area

    248 Total Sales

    Michelle Hayes Thomas
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carolyn McAfee

    Hayes Homes and Realty, Inc

    (901) 949-0758

    1 in this area

    65 Total Sales

    Carolyn McAfee
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112216

Memphis Area Association of REALTORS®

APN: 04-3025-0-0042

Tennessee Shelby County Memphis 38108 Douglass

2982 Shannon Ave, Memphis, TN

This home is located at 2982 Shannon Ave, Memphis, TN 38108 and is currently priced at $60,000, approximately $57 per square foot. This property was built in 1958. 2982 Shannon Ave is a home located in Shelby County with nearby schools including Douglass Elementary School, Douglass High School, and Promise Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

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