NOT LISTED FOR SALE

3053 Egypt Central Rd Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $76,000 - $238,886

4 Beds
4 Baths
3,770 Sq Ft
$46/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $40,000 $11 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $1,108/month

28 Days on Market

Highlights

  • 0.93 Acre Lot
  • 2 Fireplaces
  • Central Heating
  • Traditional Architecture
  • Eat-In Kitchen
  • Partially Carpeted

About This Home

As of January 2020

This Duplex is a complete investors dream, below market and a true fixer upper. (2) 3 bedroom/2 baths with a double garage. Rare opportunity, Cash sale only call for details This will be an "as-is" sale as the utilities are off and the seller will not turn on for inspection.

Last Agent to Sell the Property

Ricky Cooper

Realty Capital Management, LLC License #327439 Listed on: 12/09/2019

Last Buyer's Agent

Ronald Sandefer

Emmett Baird Realty, LLC License #328023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1990

Lot Details

  • 0.93 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,770 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Partially Carpeted
  • Eat-In Kitchen

Parking

  • 4 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating
  • 220 Volts

Community Details

  • Laybourn Phillips Egypt Central Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090011 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 731A
  • MAAR Subdivision Name: LAYBOURN-PHILLIPS EGYPT CENTRAL
  • Freestanding: Yes
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.61
  • Estimated Sq Ft: 3770
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet
  • Number Of Fireplaces: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 4
  • Parking Display: 4
  • Parking: Front-Load Garage

Utilities

  • Cooling: 220 Wiring
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.93
  • Lot Size: .936AC 44.02/94.15X429.8/444.14
  • Price Per Acre: 48387

Tax Info

  • Assessor Parcel Number: 090011 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Oct 13, 2014
Sold by
Fannie Mae
Bought by
Fyf1 Usa Super Fund Llc
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Sam Hanks
Broker South Realty
List Price
$35,000
Sold Price
$29,000
Premium/Discount to List
-$6,000
-17.14%
Current Estimated Value
$174,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,722
Avg. Annual Appreciation
18.24%
Original Mortgage
$125,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2014
Sold by
Smith Carol C
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Nov 26, 2007
Sold by
Phillips Bonnie E
Bought by
Smith Carol C and Smith Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,240
Interest Rate
4.58%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Fyf1 Usa Super Fund Llc $29,000 Multiple
Federal National Mortgage Association $107,000 None Available
Smith Carol C -- Lenders Choice Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Idelman Jason $224,000
Closed Idleman Jason $158,000
Closed Fyfi Super Fund Usa Llc $125,000
Previous Owner Smith Carol C $300,240
Previous Owner Gardner Bonnie E $99,000
Previous Owner Phillips Bonnie E $50,013
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $40,000 -11.1% $11 / Sq Ft
12/09/2019 12/09/19 For Sale $45,000 +55.2% $12 / Sq Ft
10/22/2014 10/22/14 Sold $29,000 -17.1% $8 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $35,000 -- $9 / 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 $1,870 $81,280 $3,280 $78,000
2024 $1,870 $55,160 $3,160 $52,000
2023 $3,360 $55,160 $3,160 $52,000
2022 $3,360 $55,160 $3,160 $52,000
2021 $3,400 $55,160 $3,160 $52,000
2020 $2,568 $35,440 $3,160 $32,280
2019 $1,133 $35,440 $3,160 $32,280
2018 $1,133 $35,440 $3,160 $32,280
2017 $1,159 $35,440 $3,160 $32,280
2016 $1,654 $37,840 $0 $0
2014 $2,280 $52,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ricky Cooper

    Seller's Agent in 2020

    Ricky Cooper

    Realty Capital Management, LLC

    (901) 292-5303

    6 in this area

    60 Total Sales

    Ricky Cooper
    Section Image
  • Ronald Sandefer

    Buyer's Agent in 2020

    Ronald Sandefer

    Emmett Baird Realty, LLC

    (901) 319-0747

    3 in this area

    138 Total Sales

    Ronald Sandefer
    Section Image
  • Sam Hanks

    Seller's Agent in 2014

    Sam Hanks

    Broker South Realty

    (901) 378-0494

    7 in this area

    29 Total Sales

    Sam Hanks
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Dylan Hanks

    Real Living BrokerNetwork

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10067410

Memphis Area Association of REALTORS®

APN: 09-0011-0-0002

Tennessee Shelby County Memphis 38128 Frayser

3053 Egypt Central Rd, Memphis, TN

This home is located at 3053 Egypt Central Rd, Memphis, TN 38128 since 09 December 2019 and is currently estimated at $174,722, approximately $46 per square foot. This property was built in 1990. 3053 Egypt Central Rd is a home located in Shelby County with nearby schools including Keystone Elementary School, Raleigh Egypt High School, and Libertas School of Memphis.

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