NOT LISTED FOR SALE

3181 Parham St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $73,980 - $78,000

3 Beds
1 Bath
100-999 Sq Ft
$77/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2023

Last sale price $82,000 $82 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $449 / mo

107 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Brick Veneer
  • Partially Carpeted

About This Home

As of August 2023

This is your perfect opportunity to start your independent wealth portfolio. Property currently is rented by a two year tenant who pays perfectly and does not wish to move from this property. Contact the listing agent with any questions and DO NOT APPROACH THE TENANT!! Foreign speaking family is easily alarmed - special arrangements will need to be made for any inspections. Two year tenant currently pays $830 monthly rent which results in a 10 cap rate return. Recent repairs have been done to

Last Agent to Sell the Property

Carol Scott

Tiger Realty License #252614 Listed on: 04/16/2023

Last Buyer's Agent

Tameco Cody

MLE Realty, LLC License #321595

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 61x111
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 946 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Ivanhoe Inc Virginia Hills Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072019 00008

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: VIRGINIA HILLS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 946
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 15
  • Acreage: 0.15
  • Lot Size: 61X111

Tax Info

  • Assessor Parcel Number: 072019 00008

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
Aug 24, 2023
Sold by
Bought by
Seller's Agent
Carol Scott
Tiger Realty
Buyer's Agent
Tameco Cody
MLE Realty, LLC
List Price
$82,000
Sold Price
$82,000
Views
22
Current Estimated Value
$76,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,505
Avg. Annual Appreciation
-2.34%
Original Mortgage
$61,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2023
Closed on
Aug 17, 2023
Sold by
Bought by
Seller's Agent
Carol Scott
Tiger Realty
Buyer's Agent
Tameco Cody
MLE Realty, LLC
List Price
$82,000
Sold Price
$82,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2022
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,850
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2016
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Regency Title & Escrow
$82,000 Regency Title
-- Regency Title & Escrow
$40,000 Regency Title & Escrow Llc
-- None Available
$8,000 None Available
$4,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $61,500
Previous Owner $53,850
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $82,000 0.0% $820 / Sq Ft
04/16/2023 04/16/23 For Sale $82,000 -- $820 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $381 $14,150 $1,725 $12,425
2024 -- $10,300 $1,350 $8,950
2023 $627 $10,300 $1,350 $8,950
2022 $627 $10,300 $1,350 $8,950
2021 $746 $10,300 $1,350 $8,950
2020 $263 $8,225 $1,350 $6,875
2019 $263 $8,225 $1,350 $6,875
2018 $263 $8,225 $1,350 $6,875
2017 $269 $8,225 $1,350 $6,875
2016 $0 $0 $0 $0
2014 $381 $8,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Carol Scott

    Tiger Realty

    Section Image

  • T

    Buyer's Agent in 2023

    Tameco Cody

    MLE Realty, LLC

    (901) 864-4234

    4 in this area

    114 Total Sales

    Tameco Cody
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146015

Memphis Area Association of REALTORS®

APN: 07-2019-0-0008

Tennessee Shelby County Memphis 38127 Frayser

3181 Parham St, Memphis, TN

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