NOT LISTED FOR SALE

3197 Morningside St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $86,767 - $118,000

2 Beds
1 Bath
768 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $74,400 $97 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $533/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Carpet
  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of July 2021

INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $675/month, managed by a Local Professional Management Company. Lease expires 3/31/2022. Tenant moved in 3/23/2021. Completely renovated in 2019, including: new roof, new AC, furnace, A-coil, water heater. Maintenance and tenant payment history available upon request. Showings only with accepted offer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 768 Sq Ft Home
  • Property has 3 Levels
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Shirley Park First Addition Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 069006 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1950
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 768
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size: 75X140
  • Lot Size Units: Acres
  • Parcel #: 069006 00028
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 467
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 28, 2021
Sold by
Ortiz Jason S
Bought by
Murthy Sowrabh Srinivas and Dyavegowda Pavithra
List Price
$76,900
Sold Price
$74,400
Premium/Discount to List
-$2,500
-3.25%
Current Estimated Value
$96,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,292
Avg. Annual Appreciation
6.01%
Original Mortgage
$59,520
Outstanding Balance
$53,565
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$43,127

Purchase Details

Closed on
Jul 3, 2019
Sold by
Mid South Homebuyers Gp
Bought by
Ortiz Jason Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Mcbee Diane
Bought by
Mid South Homebuyers Gp

Purchase Details

Closed on
Apr 13, 2012
Sold by
Mcbee Brigham Temiko and Mcbee Brigham Marcellus
Bought by
Mcbee Diane

Purchase Details

Closed on
Sep 24, 2007
Sold by
Fannie Mae
Bought by
Brigham Dr Melvin

Purchase Details

Closed on
Feb 8, 2007
Sold by
Taylor Cassandra
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 27, 2002
Sold by
Mabel H Daugherty Living Trust
Bought by
Taylor Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.95%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Levert Gallaher
Bought by
Mabel H Daugherty Living Trust
Source: Public Records
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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
Murthy Sowrabh Srinivas $74,400 Saddle Creek Title Llc
Ortiz Jason Scott $58,000 Saddle Creek Title Llc
Mid South Homebuyers Gp $4,200 Saddle Creek Title Llc
Mcbee Diane -- None Available
Brigham Dr Melvin $15,000 None Available
Federal National Mortgage Association $47,711 None Available
Taylor Cassandra $41,500 --
Mabel H Daugherty Living Trust $28,000 --
Mabel H Daugherty Living Trust $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murthy Sowrabh Srinivas $59,520
Previous Owner Ortiz Jason Scott $46,400
Previous Owner Taylor Cassandra $41,500
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $74,400 -3.3% $97 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $76,900 -- $100 / Sq Ft
Source: Realtracs

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 $354 $19,725 $1,750 $17,975
2024 $354 $10,450 $1,425 $9,025
2023 $637 $10,450 $1,425 $9,025
2022 $637 $10,450 $1,425 $9,025
2021 $361 $10,450 $1,425 $9,025
2020 $467 $6,450 $1,425 $5,025
2019 $206 $6,450 $1,425 $5,025
2018 $206 $6,450 $1,425 $5,025
2017 $211 $6,450 $1,425 $5,025
2016 $294 $6,725 $0 $0
2014 $294 $6,725 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3023947

Realtracs

APN: 06-9006-0-0028