NOT LISTED FOR SALE

3050 Sinclair St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $119,410 - $144,000

2 Beds
1 Bath
1,375 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $120,000 $87 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $732/month

Highlights

  • Traditional Architecture
  • Step Saver Kitchen Design
  • Central Heating and Cooling System
  • Wood Flooring
  • Brick Veneer
  • Level Lot

About This Home

As of May 2020

This home is located at 3050 Sinclair St, Memphis, TN 38127 since 23 April 2020 and is currently estimated at $130,853, approximately $95 per square foot. This property was built in 1961. 3050 Sinclair St is a home located in Shelby County with nearby schools including Westside Elementary School, Grandview Heights Middle, and Trezevant High School.

Last Agent to Sell the Property

Shannon Feol

Discount Property Warehouse License #308133 Listed on: 04/23/2020

Last Buyer's Agent

Shannon Feol

Discount Property Warehouse License #308133 Listed on: 04/23/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 121
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Step Saver Kitchen Design
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Jefferson Park Blk 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069013 00037

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: JEFFERSON PARK BLK 8
  • Freestanding: Yes
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Estimated Sq Ft: 1375
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 40
  • Acreage: 0.13
  • Lot Size: 50 X 121

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 069013 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
May 13, 2020
Sold by
Pegasus Real Estate Services Llc
Bought by
Mundt Ian
Seller's Agent
Shannon Feol
Discount Property Warehouse
Buyer's Agent
Shannon Feol
Discount Property Warehouse
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$130,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,853
Avg. Annual Appreciation
1.54%
Original Mortgage
$90,000
Outstanding Balance
$79,752
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$51,101

Purchase Details

Closed on
Nov 18, 2019
Sold by
Skefos James J
Bought by
Pegasus Real Estate Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2014
Sold by
Bell Investments Gp
Bought by
Skafos James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2011
Sold by
Bell William Lloyd
Bought by
Bell Investments Gp

Purchase Details

Closed on
Jan 7, 2011
Sold by
Bell Investments Gp
Bought by
Bell William Lloyd

Purchase Details

Closed on
Jul 16, 2009
Sold by
M & H Holdings Llc
Bought by
Bell Investments Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 2009
Sold by
Par Investments Llc
Bought by
M & H Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 2008
Sold by
Jaxxon Income Properties One Ltd
Bought by
Par Investments Llc

Purchase Details

Closed on
Apr 11, 2008
Sold by
Jaxxon Income Properties One Ltd
Bought by
Cdns Corp
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
Mundt Ian $120,000 Saddle Creek Title Llc
Pegasus Real Estate Services Llc $66,600 Saddle Creek Title Llc
Skafos James J $168,000 None Available
Bell Investments Gp -- None Available
Bell William Lloyd -- None Available
Bell Investments Gp $180,000 Close Trak Title & Escrow
M & H Holdings Llc $130,000 None Available
Par Investments Llc $50,000 None Available
Cdns Corp $160,000 Community Equity & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mundt Ian $90,000
Previous Owner Pegasus Real Estate Services Llc $165,000
Previous Owner Skafos James J $148,000
Previous Owner Bell Investments Gp $150,000
Previous Owner M & H Holdings Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $120,000 -3.9% $87 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $124,900 -- $91 / 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 $644 $39,720 $2,800 $36,920
2024 $644 $19,000 $2,280 $16,720
2023 $1,157 $19,000 $2,280 $16,720
2022 $1,157 $19,000 $2,280 $16,720
2021 $656 $19,000 $2,280 $16,720
2020 $1,020 $14,080 $2,280 $11,800
2019 $450 $14,080 $2,280 $11,800
2018 $450 $14,080 $2,280 $11,800
2017 $461 $14,080 $2,280 $11,800
2016 $617 $14,120 $0 $0
2014 $617 $14,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Shannon Feol

    Discount Property Warehouse

    (901) 335-9409

    6 Total Sales

    Shannon Feol
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075237

Memphis Area Association of REALTORS®

APN: 06-9013-0-0037

Tennessee Shelby County Memphis 38127 Frayser

3050 Sinclair St, Memphis, TN

Not Listed for Sale

MultiFamily

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