NOT LISTED FOR SALE

3011 N Trezevant St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $104,975 - $116,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $21,000 $18 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $640/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Living Room
  • Wooded Lot
  • Some Wood Windows
  • Laundry Room

About This Home

As of December 2016

Reduced to Sell!! This home is being sold as is. Great investment with minor repairs needed.

Last Agent to Sell the Property

Glen Booth

Reliable Realty & Property Mgt License #277888 Listed on: 10/31/2016

Last Buyer's Agent

Glen Booth

Reliable Realty & Property Mgt License #277888 Listed on: 10/31/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $607

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,139 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Iron Doors

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Location

  • Ground Level

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Grandview Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072047 00066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$607

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 727D
  • MAAR Subdivision Name: Grandview Heights
  • List Price Per Sq Ft: 22
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1139
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Dining Room
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Gas

Lot Info

  • Lot Description: Wooded
  • Lot Number: 53
  • Acreage: 0.28
  • Lot Size: 0.2860
  • Price Per Acre: 89286

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072047 00066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2016
Closed on
Feb 24, 2017
Sold by
Mid South Homebuyers Inc
Bought by
Finch Ernest B and Finch Joselynn M
Seller's Agent
Glen Booth
Reliable Realty & Property Mgt
Buyer's Agent
Glen Booth
Reliable Realty & Property Mgt
List Price
$45,000
Sold Price
$21,000
Premium/Discount to List
-$24,000
-53.33%
Current Estimated Value
$110,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,994
Avg. Annual Appreciation
20.93%
Original Mortgage
$51,200
Outstanding Balance
$42,363
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$68,631

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 30, 2016
Sold by
Humphreys Martine
Bought by
Mid Sotuh Hombuyers Inc
Seller's Agent
Glen Booth
Reliable Realty & Property Mgt
Buyer's Agent
Glen Booth
Reliable Realty & Property Mgt
List Price
$45,000
Sold Price
$21,000
Premium/Discount to List
-$24,000
-53.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Outstanding Balance
$42,363
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$68,631

Purchase Details

Closed on
Jun 8, 2005
Sold by
Memphis Investment Properties Llc
Bought by
Humphreys Martine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2005
Sold by
Hewlett Purnie K
Bought by
Memphis Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
12%
Mortgage Type
Unknown
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
Finch Ernest B $64,000 Saddle Creek Title Llc
Mid Sotuh Hombuyers Inc $21,000 Saddle Creek Title
Humphreys Martine $44,000 --
Memphis Investment Properties Llc $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finch Ernest B $51,200
Previous Owner Humphreys Martine $33,000
Previous Owner Memphis Investment Properties Llc $34,000
Closed Mid Sotuh Hombuyers Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $21,000 -53.3% $21 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $45,000 -- $45 / 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 $607 $25,275 $3,000 $22,275
2024 $607 $17,900 $2,250 $15,650
2023 $1,090 $17,900 $2,250 $15,650
2022 $1,090 $17,900 $2,250 $15,650
2021 $1,103 $17,900 $2,250 $15,650
2020 $1,005 $13,875 $2,250 $11,625
2019 $1,005 $13,875 $2,250 $11,625
2018 $1,005 $13,875 $2,250 $11,625
2017 $570 $13,875 $2,250 $11,625
2016 $433 $9,900 $0 $0
2014 $433 $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9989747

Memphis Area Association of REALTORS®

APN: 07-2047-0-0066