NOT LISTED FOR SALE

2992 Bannockburn Rd Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $180,000 - $196,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $93,900 $59 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,107/month

8 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring
  • Separate Formal Living Room
  • Dining Room

About This Home

As of August 2015

Property is Under High End Renovation with Numerous Upgrades. Perfect for Home Buyer or Investor looking for maintenance and vacancy reducing upgrades. Multiple Properties Rehabbed to a High Standard Available. Please call Listing Agent to Schedule Showing.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 04/24/2015

KAIZEN Realty, LLC

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 04/24/2015

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 1958

Lot Details

  • 0.49 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,547 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Scenic Hills S/D Of Pt Lot 6 James Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083009 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,003

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734A
  • MAAR Subdivision Name: SCENIC HILLS BLK B
  • List Price Per Sq Ft: 59
  • Number Of Stories: 1
  • Price Per Sq Ft: 60.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1547
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 69
  • Acreage: 0.49
  • Lot Size: 125.71/130X170/165.71
  • Price Per Acre: 187755

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 083009 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Gbgbwy Llc
Bought by
Gbgbar Llc
Current Estimated Value
$187,782

Purchase Details

Closed on
Jan 22, 2016
Sold by
Morris Jeffery L
Bought by
Gbgbwy Llc

Purchase Details

Listed on
Apr 24, 2015
Closed on
Aug 12, 2015
Sold by
Memphis Turnkey Properties Gp
Bought by
Morris Jeffery L
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$92,000
Sold Price
$93,900
Premium/Discount to List
$1,900
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$70,425
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 20, 2015
Sold by
Goodwin Joseph D and Goodwin Bobbie Jean
Bought by
Gp Memphis Turnkey Propertieis
Seller's Agent
Eric Stone
John Green & Co., REALTORS
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$59,900
Sold Price
$49,900
Premium/Discount to List
-$10,000
-16.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
668.59%
Original Mortgage
$65,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2013
Sold by
Weeks Mae Lester
Bought by
Goodwin Joseph D and Goodwin Bobbie Jean

Purchase Details

Closed on
Jul 11, 2008
Sold by
Va
Bought by
Deutsche Bank and Bankers Trust Co Of California

Purchase Details

Closed on
Jul 10, 2008
Sold by
Deutsche Bank
Bought by
Weeks Mae Lester

Purchase Details

Closed on
Sep 27, 2007
Sold by
Thul James and Thul Tamara G
Bought by
Va

Purchase Details

Closed on
Nov 20, 2002
Sold by
Va
Bought by
Thul James R and Thul Tamara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,170
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2002
Sold by
Haghtalab Mary Ann
Bought by
Va

Purchase Details

Closed on
Dec 30, 1994
Bought by
Haghtalab Mary A
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
Gbgbar Llc -- None Available
Gbgbwy Llc $73,600 Attorney
Morris Jeffery L $93,900 Saddle Creek Title Llc
Gp Memphis Turnkey Propertieis $49,000 Erickson Title & Closing Llc
Goodwin Joseph D $69,900 None Available
Deutsche Bank -- Chicago Title Ins Co
Weeks Mae Lester $53,500 Chicago Title Insurance Co
Va $74,480 None Available
Thul James R $83,000 --
Va $77,555 --
Haghtalab Mary A $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Jeffery L $70,425
Previous Owner Gp Memphis Turnkey Propertieis $65,000
Previous Owner Thul James R $82,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2015 08/12/15 Sold $93,900 +2.1% $67 / Sq Ft
05/02/2015 05/02/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $92,000 +84.4% $66 / Sq Ft
04/20/2015 04/20/15 Sold $49,900 -16.7% $36 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $59,900 -- $43 / 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 $1,003 $44,200 $6,075 $38,125
2024 $1,003 $29,600 $4,875 $24,725
2023 $1,803 $29,600 $4,875 $24,725
2022 $1,803 $29,600 $4,875 $24,725
2021 $1,824 $29,600 $4,875 $24,725
2020 $1,431 $19,750 $4,875 $14,875
2019 $631 $19,750 $4,875 $14,875
2018 $631 $19,750 $4,875 $14,875
2017 $646 $19,750 $4,875 $14,875
2016 $804 $18,400 $0 $0
2014 $804 $18,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Eric Stone

    John Green & Co., REALTORS

  • Jeremy Veldman

    Seller's Agent in 2015

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    60 in this area

    213 Total Sales

    Jeremy Veldman
    Section Image

  • B

    Buyer's Agent in 2015

    Benolyn Craig

    CB Properties of Memphis, LLC

    (901) 240-8111

    3 Total Sales

    Benolyn Craig
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9950378

Memphis Area Association of REALTORS®

APN: 08-3009-0-0013

Tennessee Shelby County Memphis 38128 Frayser

2992 Bannockburn Rd, Memphis, TN

This home is located at 2992 Bannockburn Rd, Memphis, TN 38128 since 24 April 2015 and is currently estimated at $187,782, approximately $117 per square foot. This property was built in 1958. 2992 Bannockburn Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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