NOT LISTED FOR SALE

2995 Harris Ave Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $99,000 - $128,000

2 Beds
1 Bath
744 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $119,000 $160 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $629/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Central Heating and Cooling System

About This Home

As of August 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $995 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 05/26/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x135
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Wood Roof
  • Pier And Beam

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Cherokee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059016 00069

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 165
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 744
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Wood/Shake

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 136
  • Acreage: 0.18
  • Lot Size: 60X135

Tax Info

  • Assessor Parcel Number: 059016 00069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 16, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Vuong Hoan
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$122,900
Sold Price
$119,000
Premium/Discount to List
-$3,900
-3.17%
Current Estimated Value
$112,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,660
Avg. Annual Appreciation
-1.59%
Original Mortgage
$85,600
Outstanding Balance
$81,238
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$31,102

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 9, 2022
Sold by
Levell Hartzog Antoine
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Nicole Sykes
The Home Partners Realty
Buyer's Agent
Nicole Sykes
The Home Partners Realty
List Price
$80,000
Sold Price
$50,000
Premium/Discount to List
-$30,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2381.59%
Original Mortgage
$90,000
Interest Rate
4.67%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2020
Sold by
Willlinghan Lashuda
Bought by
Hartzog Antone Levell

Purchase Details

Closed on
Nov 3, 2005
Sold by
Thompson Betty
Bought by
Willingham Lashunda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
11.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vuong Hoan $119,000 Delta Title Services
Memphis Investment Properties Iii Llc $50,000 Delta Title Services
Hartzog Antone Levell $9,000 None Available
Willingham Lashunda $40,000 Accurate Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuong Hoan $85,600
Previous Owner Memphis Investment Properties Iii Llc $90,000
Previous Owner Willingham Lashunda $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $119,000 -3.2% $160 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $122,900 +145.8% $165 / Sq Ft
05/09/2022 05/09/22 Sold $50,000 -28.6% $67 / Sq Ft View Prior Sale
04/07/2022 04/07/22 Pending -- -- --
03/28/2022 03/28/22 Price Changed $70,000 -12.5% $94 / Sq Ft
03/16/2022 03/16/22 For Sale $80,000 -- $108 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $453 $30,675 $2,625 $28,050
2024 $453 $13,350 $1,250 $12,100
2023 $813 $13,350 $1,250 $12,100
2022 $519 $8,525 $1,250 $7,275
2021 $617 $8,525 $1,250 $7,275
2019 $207 $6,475 $1,250 $5,225
2018 $207 $6,475 $1,250 $5,225
2017 $212 $6,475 $1,250 $5,225
2016 $257 $5,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    17 in this area

    304 Total Sales

    Jim Reedy
    Section Image
  • Nicole Sykes

    Seller's Agent in 2022

    Nicole Sykes

    The Home Partners Realty

    (901) 949-6360

    1 in this area

    16 Total Sales

    Nicole Sykes
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    17 in this area

    319 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10124865

Memphis Area Association of REALTORS®

APN: 05-9016-0-0069

Tennessee Shelby County Memphis 38114 Orange Mound

2995 Harris Ave, Memphis, TN

Not Listed for Sale

Detached

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