NOT LISTED FOR SALE

2986 Spring Hill Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $130,000 - $151,816

3 Beds
2 Baths
1,200-1,399 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $43,144 $31 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $850/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Tile Flooring
  • 1 Fireplace
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of July 2016

Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein.

Last Agent to Sell the Property

Courtney Read

Vylla Home License #323369 Listed on: 06/22/2016

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,395 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Community Details

  • Sky Lake S/D Sec E Revised Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 072107 00101

Home Details

Home Type

Single Family

Est. Annual Taxes

$913

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727E
  • MAAR Subdivision Name: SKY LAKE S/D SEC E REVISED
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Price Per Sq Ft: 30.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1395
  • Year Built: 2003
  • Special Features: 20
  • 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
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • 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: Driveway/Pad

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 322
  • Acreage: 0.27
  • Lot Size: 11761
  • Price Per Acre: 137407

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 072107 00101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jul 29, 2016
Sold by
U S Bank Na
Bought by
Carruthers Harold
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$37,100
Sold Price
$43,144
Premium/Discount to List
$6,044
16.29%
Current Estimated Value
$141,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,810
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Jun 24, 2004
Sold by
Chambers Dorothy
Bought by
Us Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Murray Emily S
Bought by
Harris Ramon A

Purchase Details

Closed on
Aug 14, 1995
Bought by
New Tyler A M E Church Trs

Purchase Details

Closed on
Jul 31, 1995
Bought by
Joyce Duncan

Purchase Details

Closed on
Mar 14, 1995
Bought by
William J R J and William Fe A

Purchase Details

Closed on
Nov 30, 1994
Bought by
Roosevelt Woody and Roosevelt Sheila V
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Carruthers Harold $43,144 Preferred Title & Escrow Llc
Us Bank Na $52,000 Attorney
Chambers Dorothy $103,000 --
Harris Ramon A $1,500 --
New Tyler A M E Church Trs $65,000 --
Joyce Duncan $50,000 --
William J R J $49,200 --
Roosevelt Woody $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chambers Dorothy $82,400
Closed Chambers Dorothy $20,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $43,144 +16.3% $36 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $37,100 -- $31 / 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 $913 $36,625 $3,375 $33,250
2024 $913 $26,925 $2,600 $24,325
2023 $1,640 $26,925 $2,600 $24,325
2022 $1,640 $26,925 $2,600 $24,325
2021 $929 $26,925 $2,600 $24,325
2020 $1,610 $22,225 $2,600 $19,625
2019 $710 $22,225 $2,600 $19,625
2018 $710 $22,225 $2,600 $19,625
2017 $727 $22,225 $2,600 $19,625
2016 $1,013 $23,175 $0 $0
2014 $1,013 $23,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9980029

Memphis Area Association of REALTORS®

APN: 07-2107-0-0101