NOT LISTED FOR SALE

3197 Morningside St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $86,788 - $99,000

2 Beds
1 Bath
772 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $74,400 $96 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $531/month

Highlights

  • Traditional Architecture
  • Patio
  • Partially Carpeted
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Level Lot

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.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 06/16/2021

KAIZEN Realty, LLC

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1950

Lot Details

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

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 772 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Shirley Park First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069006 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$354

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 724A
  • MAAR Subdivision Name: SHIRLEY PARK 1ST ADD
  • List Price Per Sq Ft: 100
  • Number Of Stories: 1
  • Price Per Sq Ft: 96.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 772
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 28
  • Acreage: 0.24
  • Lot Size: 75X140
  • Price Per Acre: 320417

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069006 00028

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
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$76,900
Sold Price
$74,400
Premium/Discount to List
-$2,500
-3.25%
Current Estimated Value
$94,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,047
Avg. Annual Appreciation
5.86%
Original Mortgage
$59,520
Outstanding Balance
$54,041
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$40,406

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

Range of Values:

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Average Value
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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
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 --
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 Change Sq Ft Price
07/28/2021 07/28/21 Sold $74,400 -3.3% $96 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $76,900 -- $100 / 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 $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

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2021

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    60 in this area

    211 Total Sales

    Jeremy Veldman
    Section Image
  • James Wachob

    Buyer's Agent in 2021

    James Wachob

    Foundation Property Management

    (901) 633-1484

    82 in this area

    633 Total Sales

    James Wachob
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101790

Memphis Area Association of REALTORS®

APN: 06-9006-0-0028

Tennessee Shelby County Memphis 38127 Frayser

3197 Morningside St, Memphis, TN

This home is located at 3197 Morningside St, Memphis, TN 38127 since 16 June 2021 and is currently estimated at $94,447, approximately $122 per square foot. This property was built in 1950. 3197 Morningside St is a home located in Shelby County with nearby schools including Westside Elementary School, Compass Community School Frayser Campus, and Pathways In Education - Tn.

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