NOT LISTED FOR SALE

3231 University St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $88,000 - $146,000

4 Beds
1 Bath
1,600-1,799 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $27,400 $15 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $612/month

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Outdoor Storage
  • Vaulted Ceiling
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of March 2018

AS IS Cash Sale, Great for Investor. Garage was converted to a bedroom and there was a Sunroom addition, used as a bedroom. Home is 4 bedrooms, Huge Storage in backyard. Home is good condition, just needs some cosmetic TLC fixes. Seller would love to close quickly. There are no leaks. Cash Buyers must show proof of funds. Sits on almost half acre. No leaks in the home. Great Taxes $925 total.

Last Agent to Sell the Property

Tara Woodley

Zach Taylor Real Estate License #321165 Listed on: 10/31/2017

Zach Taylor Real Estate

Last Buyer's Agent

Trey Foster

Emmett Baird Realty, LLC License #321714

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1951

Lot Details

  • 0.4 Acre Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,600 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Aluminum Window Frames
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • University Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072055 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727A
  • MAAR Subdivision Name: UNIVERSITY RD
  • List Price Per Sq Ft: 18
  • Number Of Stories: 1
  • Price Per Sq Ft: 17.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Tile, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building
  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wooded
  • Lot Number: 19
  • Acreage: 0.4
  • Lot Size: 80/92.85 X 144.08/132.81
  • Price Per Acre: 72250

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 072055 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Mar 14, 2018
Sold by
Evans Helen M
Bought by
Gamra Mohamed Cherif
Seller's Agent
Tara Woodley
Zach Taylor Real Estate
Buyer's Agent
Trey Foster
Emmett Baird Realty, LLC
List Price
$35,000
Sold Price
$27,400
Premium/Discount to List
-$7,600
-21.71%
Current Estimated Value
$106,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,362
Avg. Annual Appreciation
19.68%

Purchase Details

Closed on
Jul 29, 2009
Sold by
Corder Joe L
Bought by
Evans Helen M
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
Gamra Mohamed Cherif $27,400 Home Surety Title And Escrow
Evans Helen M $20,000 Real Estate Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $27,400 -21.7% $17 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $35,000 -- $22 / 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 $548 $25,025 $2,150 $22,875
2024 $548 $16,175 $1,875 $14,300
2023 $985 $16,175 $1,875 $14,300
2022 $985 $16,175 $1,875 $14,300
2021 $997 $16,175 $1,875 $14,300
2020 $857 $11,825 $1,875 $9,950
2019 $857 $11,825 $1,875 $9,950
2018 $826 $11,400 $1,875 $9,525
2017 $469 $11,400 $1,875 $9,525
2016 $520 $11,900 $0 $0
2014 $520 $11,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tara Woodley

    Seller's Agent in 2018

    Tara Woodley

    Zach Taylor Real Estate

    (901) 603-3419

    17 in this area

    92 Total Sales

    Tara Woodley
    Section Image
  • Trey Foster

    Buyer's Agent in 2018

    Trey Foster

    Emmett Baird Realty, LLC

    (901) 451-1611

    56 Total Sales

    Trey Foster
    Section Image
  • Laura Wallace

    Buyer Co-Listing Agent in 2018

    Laura Wallace

    Keller Williams Realty

    (901) 472-3006

    3 in this area

    154 Total Sales

    Laura Wallace
    Section Image

  • J

    Buyer Co-Listing Agent in 2018

    James Shultz

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014630

Memphis Area Association of REALTORS®

APN: 07-2055-0-0020

Tennessee Shelby County Memphis 38127 Frayser

3231 University St, Memphis, TN

This home is located at 3231 University St, Memphis, TN 38127 since 31 October 2017 and is currently estimated at $106,762, approximately $59 per square foot. This property was built in 1951. 3231 University St is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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