NOT LISTED FOR SALE

3022 Sky Way Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $116,000 - $143,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $69,900 $39 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $761/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Attic
  • Community Lake
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of April 2018

Fantastic House in Sky Lake Subdivision! Owner gets lake access just 1 block away. 3 Bedroom 2 Bath. Updated Kitchen just finished!! - Updated Bathrooms. Separate Den and Living Room, Master Suite has a walk-in closet. Hardwood floors throughout. Separate Laundry Room. Seller is offering $2,500 for further updates. Owner/Agent

Last Agent to Sell the Property

Daniel Cates

First National Realty, REALTOR License #325849 Listed on: 12/08/2017

Last Buyer's Agent

Daniel Cates

First National Realty, REALTOR License #325849 Listed on: 12/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $776

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 85x97
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,697 Sq Ft Home
  • 1-Story Property
  • Factory Built Fireplace
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas

Community Details

  • Sky Lake S/D Sec E Revised Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 072110 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$776

Year Built

Built in 1963

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727E
  • MAAR Subdivision Name: SKY LAKE SEC E
  • List Price Per Sq Ft: 41
  • Number Of Stories: 1
  • Price Per Sq Ft: 41.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1697
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Covered Patio
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)

Association/Amenities

  • Annual Association Fee: 100
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 233
  • Acreage: 0.23
  • Lot Size: 85x97
  • Price Per Acre: 303913

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072110 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Apr 13, 2018
Sold by
C3 Realty Llc
Bought by
Sones Verl Alan
Seller's Agent
Daniel Cates
First National Realty, REALTOR
Buyer's Agent
Daniel Cates
First National Realty, REALTOR
List Price
$74,900
Sold Price
$69,900
Premium/Discount to List
-$5,000
-6.68%
Current Estimated Value
$131,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,272
Avg. Annual Appreciation
8.72%
Original Mortgage
$58,913
Outstanding Balance
$50,874
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$80,298

Purchase Details

Closed on
Mar 14, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Cates Dennis and Cates Vickie

Purchase Details

Closed on
Mar 29, 2010
Sold by
Mccraw Barbara A
Bought by
Secretary Of Housing & Urban Development
Source: Public Records

Range of Values:

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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
Sones Verl Alan $69,900 Southern Trust Title Co
Cates Dennis $27,000 None Available
Secretary Of Housing & Urban Development $50,452 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sones Verl Alan $58,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $69,900 -6.7% $44 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $74,900 -- $47 / 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 $776 $31,450 $3,375 $28,075
2024 $776 $22,900 $2,600 $20,300
2023 $1,395 $22,900 $2,600 $20,300
2022 $1,395 $22,900 $2,600 $20,300
2021 $1,411 $22,900 $2,600 $20,300
2020 $1,192 $16,450 $2,600 $13,850
2019 $1,192 $16,450 $2,600 $13,850
2018 $1,192 $16,450 $2,600 $13,850
2017 $676 $16,450 $2,600 $13,850
2016 $743 $17,000 $0 $0
2014 $743 $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Daniel Cates

    First National Realty, REALTOR

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10016890

Memphis Area Association of REALTORS®

APN: 07-2110-0-0001

Tennessee Shelby County Memphis 38127 Frayser

3022 Sky Way Dr, Memphis, TN

This home is located at 3022 Sky Way Dr, Memphis, TN 38127 since 08 December 2017 and is currently estimated at $131,172, approximately $72 per square foot. This property was built in 1963. 3022 Sky Way Dr is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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