NOT LISTED FOR SALE

3254 Madewell St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $79,000 - $119,000

3 Beds
1 Bath
900 Sq Ft
$110/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $40,000 $44 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $570/month

Highlights

  • Traditional Architecture
  • Den
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Some Wood Windows
  • Tile Flooring

About This Home

As of February 2022

AS-IS Sale Please do your due diligence no blind offers this is a complete rehab job Call me for info! Please use the attached docs for all offers proof of funds with all offers. Seller will not turn on utilities' buyer's responsibility previous rental property. Needs Work! A great fix and flip or fix and rent. Home is boarded up

Last Agent to Sell the Property

Frances Anderson

Crye-Leike, Inc., REALTORS License #274051 Listed on: 12/26/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Stephanie Bobo

Crye-Leike, Inc., REALTORS License #342940

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $620

Year Built

  • Built in 1953

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 70x259
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Separate Formal Living Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Frayser Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070012 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$620

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 726C
  • MAAR Subdivision Name: FRAYSER MANOR
  • List Price Per Sq Ft: 53
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 900
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Equipment: Disposal, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Cat/Dog Free House
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 74
  • Acreage: 0.36
  • Lot Size: 70X259
  • Price Per Acre: 131944

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 070012 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2023
Sold by
Mid South Homebuyers Gp
Bought by
Pulkit And Paridhi Revocable Trust
Current Estimated Value
$98,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,275
Outstanding Balance
$82,579
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$16,161

Purchase Details

Listed on
Dec 26, 2021
Closed on
Feb 16, 2022
Sold by
P Fin I Llc
Bought by
Mid South Homebuyers Gp
Seller's Agent
Frances Anderson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Stephanie Bobo
Crye-Leike, Inc., REALTORS
List Price
$47,500
Sold Price
$40,000
Premium/Discount to List
-$7,500
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.75%

Purchase Details

Closed on
Apr 20, 2017
Sold by
Prager Property Owner 2 Llc
Bought by
P Fin I Llc

Purchase Details

Closed on
Oct 17, 2014
Sold by
Reedy James E
Bought by
Prager Property Owners 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2006
Sold by
Dancy Larry F
Bought by
Reedy James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Dancy Larry F
Bought by
Dancy Larry F and The Larry F Dancy Revocable Living Trust
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
Pulkit And Paridhi Revocable Trust $113,700 --
Mid South Homebuyers Gp $40,000 Regency Title & Escrow
P Fin I Llc -- None Available
Prager Property Owners 2 Llc $614,818 None Available
Reedy James E $20,350 None Available
Dancy Larry F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulkit And Paridhi Revocable Trust $85,275
Previous Owner Prager Property Owners 2 Llc $50,000,000
Previous Owner Reedy James E $22,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2022 02/17/22 Sold $40,000 -15.8% $44 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
12/26/2021 12/26/21 For Sale $47,500 -- $53 / 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 $620 $21,925 $1,950 $19,975
2024 $359 $18,275 $1,625 $16,650
2023 $646 $10,600 $1,625 $8,975
2022 $646 $10,600 $1,625 $8,975
2021 $767 $10,600 $1,625 $8,975
2020 $540 $7,450 $1,625 $5,825
2019 $238 $7,450 $1,625 $5,825
2018 $238 $7,450 $1,625 $5,825
2017 $244 $7,450 $1,625 $5,825
2016 $383 $8,775 $0 $0
2014 $383 $8,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frances Anderson

    Seller's Agent in 2022

    Frances Anderson

    Crye-Leike

    (901) 260-5844

    6 in this area

    149 Total Sales

    Frances Anderson
    Section Image
  • Stephanie Bobo

    Buyer's Agent in 2022

    Stephanie Bobo

    Crye-Leike

    (901) 570-8387

    4 in this area

    61 Total Sales

    Stephanie Bobo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114756

Memphis Area Association of REALTORS®

APN: 07-0012-0-0021

Tennessee Shelby County Memphis 38127 Frayser

3254 Madewell St, Memphis, TN

This home is located at 3254 Madewell St, Memphis, TN 38127 since 26 December 2021 and is currently estimated at $98,740, approximately $109 per square foot. This property was built in 1953. 3254 Madewell St is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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