NOT LISTED FOR SALE

3171 Melbourne St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $83,000 - $112,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $55,000 $46 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $572/month

361 Days on Market

Highlights

  • Separate Formal Living Room
  • Vinyl Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2020

Back on Market! Lovely, updated home in quiet cove.

Last Agent to Sell the Property

Rebecca Edwards

Keller Williams License #326080 Listed on: 12/17/2019

Keller Williams

Last Buyer's Agent

Oliver Peyton

The Peyton Co., Inc., REALTORS License #14896

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Few Trees

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,087 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Vinyl Flooring
  • Iron Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Oak Grove Park Re S/D Of Pt Graham He Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072069 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 727B
  • MAAR Subdivision Name: OAK GROVE PARK
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 50.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1087
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Total Bathrooms: 1
  • 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: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 119
  • Acreage: 0.28
  • Lot Size: 0.28
  • Price Per Acre: 213929

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072069 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Dec 18, 2020
Sold by
M & T Real Investments Llc
Bought by
Mcdaniel Pamela L
Seller's Agent
Rebecca Edwards
Keller Williams
Buyer's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
List Price
$62,000
Sold Price
$55,000
Premium/Discount to List
-$7,000
-11.29%
Current Estimated Value
$97,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,050
Avg. Annual Appreciation
9.87%

Purchase Details

Listed on
Nov 13, 2018
Closed on
Dec 7, 2018
Sold by
Hope Federal Credit Union
Bought by
Agrelli Holding Llc
Seller's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$29,900
Sold Price
$31,000
Premium/Discount to List
$1,100
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.45%

Purchase Details

Closed on
Jan 7, 2018
Sold by
Agrelli Holding Llc
Bought by
M & T Real Investment Llc

Purchase Details

Closed on
Dec 1, 2017
Sold by
Little Albert
Bought by
Gardner Audrey and Little Albert

Purchase Details

Closed on
Dec 11, 2015
Sold by
Little Albert
Bought by
Hope Federal Credit Union

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2012
Sold by
Perry James T
Bought by
Perry James T and Perry Marie

Purchase Details

Closed on
May 5, 2008
Sold by
James Charles L and James Elaine
Bought by
Perry James T

Purchase Details

Closed on
Oct 17, 2007
Sold by
The Bank Of New York Trust Co Na
Bought by
James Charles L and James Elaine

Purchase Details

Closed on
Jun 28, 2007
Sold by
Kinard Brenda
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jul 2, 2002
Sold by
Harvey Marlon E
Bought by
Kinard Brenda
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcdaniel Pamela L $55,000 None Available
Agrelli Holding Llc $31,000 United Title Affiliates Inc
M & T Real Investment Llc $55,000 None Available
Gardner Audrey -- None Available
Hope Federal Credit Union $62,633 None Available
Little Albert $52,000 Attorney
Perry James T -- None Available
Perry James T $12,500 None Available
James Charles L $28,500 Resource Title Agency Of Tn
The Bank Of New York Trust Co Na $60,693 None Available
Kinard Brenda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Albert $52,000
Previous Owner Kinard Brenda $55,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $55,000 -8.2% $55 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $59,900 -3.4% $60 / Sq Ft
12/17/2019 12/17/19 For Sale $62,000 +100.0% $62 / Sq Ft
12/07/2018 12/07/18 Sold $31,000 +3.7% $31 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/13/2018 11/13/18 For Sale $29,900 -- $30 / 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 $514 $29,950 $2,325 $27,625
2024 $514 $15,175 $1,875 $13,300
2023 $924 $15,175 $1,875 $13,300
2022 $924 $15,175 $1,875 $13,300
2021 $524 $15,175 $1,875 $13,300
2020 $985 $13,600 $1,875 $11,725
2019 $435 $13,600 $1,875 $11,725
2018 $435 $13,600 $1,875 $11,725
2017 $445 $13,600 $1,875 $11,725
2016 $509 $11,650 $0 $0
2014 $509 $11,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Edwards

    Seller's Agent in 2020

    Rebecca Edwards

    Keller Williams

    (901) 451-2001

    40 in this area

    171 Total Sales

    Rebecca Edwards
    Section Image
  • Oliver Peyton

    Buyer's Agent in 2020

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 351-8692

    3 in this area

    44 Total Sales

    Oliver Peyton
    Section Image
  • Scott Housewirth

    Seller's Agent in 2018

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    5 in this area

    209 Total Sales

    Scott Housewirth
    Section Image
  • Kim Hairrell

    Seller Co-Listing Agent in 2018

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    9 in this area

    182 Total Sales

    Kim Hairrell
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068092

Memphis Area Association of REALTORS®

APN: 07-2069-0-0008

Tennessee Shelby County Memphis 38127 Frayser

3171 Melbourne St, Memphis, TN

This home is located at 3171 Melbourne St, Memphis, TN 38127 since 17 December 2019 and is currently estimated at $97,050, approximately $80 per square foot. This property was built in 1963. 3171 Melbourne St is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes