NOT LISTED FOR SALE

2988 Elkins St Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $91,000 - $128,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$70/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $28,551 $18 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $651/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Outdoor Storage
  • Separate Formal Living Room
  • Den
  • Landscaped

About This Home

As of April 2015

“All closings are subject to the recording of the foreclosure deed. Submitted offers must include buyer-signed contract, proof of funds/pre-approval letter and earnest money “Seller Preferred Lender: All prospective buyers are encouraged to pre-qualify through Ditech prior to submitting an offer. Please call 1-800-621-0894. Seller addendums will be provided for signature with accepted offer

Last Agent to Sell the Property

Micah Layman

Ware Jones, REALTORS License #310771 Listed on: 03/24/2015

Ware Jones, REALTORS

Last Buyer's Agent

George Merryfield

Leco Realty, Inc. License #285635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,571 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Partially Carpeted
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Cove
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Elkins Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059005 00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757D
  • MAAR Subdivision Name: ORANGE MOUND
  • List Price Per Sq Ft: 17
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.17
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1571
  • Year Built: 1963
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Storage Building, Chain Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped
  • Lot Number: 13
  • Acreage: 0.17
  • Lot Size: .17
  • Price Per Acre: 157647

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 059005 00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
Apr 9, 2015
Sold by
The Bank Of New York Mellon
Bought by
Prime Rentals Llc
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$26,800
Sold Price
$28,551
Premium/Discount to List
$1,751
6.53%
Current Estimated Value
$111,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,665
Avg. Annual Appreciation
14.27%

Purchase Details

Closed on
Dec 5, 2014
Sold by
Nelson Carolyn M and Nelson Eugene
Bought by
The Bank Of New Yrok Mellon and The Bank Of New Yrok
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
Prime Rentals Llc $28,551 None Available
The Bank Of New Yrok Mellon $19,276 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Thedosia Mae $50,000
Previous Owner Johnson Willie H $78,003
Previous Owner Johnson Willie H $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $28,551 +6.5% $20 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $26,800 -- $19 / 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 $536 $25,275 $2,450 $22,825
2024 $536 $15,825 $1,000 $14,825
2023 $964 $15,825 $1,000 $14,825
2022 $964 $15,825 $1,000 $14,825
2021 $975 $15,825 $1,000 $14,825
2020 $982 $13,550 $1,000 $12,550
2019 $982 $13,550 $1,000 $12,550
2018 $982 $13,550 $1,000 $12,550
2017 $557 $13,550 $1,000 $12,550
2016 $673 $15,400 $0 $0
2014 $673 $15,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Micah Layman

    Seller's Agent in 2015

    Micah Layman

    Ware Jones, REALTORS

    (901) 634-9114

    2 in this area

    46 Total Sales

    Section Image

  • G

    Buyer's Agent in 2015

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    21 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9947737

Memphis Area Association of REALTORS®

APN: 05-9005-0-0040

Tennessee Shelby County Memphis 38114 Orange Mound

2988 Elkins St, Memphis, TN

This home is located at 2988 Elkins St, Memphis, TN 38114 since 24 March 2015 and is currently estimated at $111,216, approximately $69 per square foot. This property was built in 1963. 2988 Elkins St is a home located in Shelby County with nearby schools including Dunbar Elementary School, Sherwood Middle, and Melrose High School.

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