NOT LISTED FOR SALE

3308 Sherrycrest Dr Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $113,206 - $137,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2020

Last sale price $101,900 $85 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $730 / mo

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property

About This Home

As of October 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $895 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 09/03/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,157 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Fairfield Estates 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090011 00027

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FAIRFIELD ESTATES 1ST ADD
  • List Price Per Sq Ft: 88
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1157
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 16
  • Acreage: 0.17
  • Lot Size: 65X120

Tax Info

  • Assessor Parcel Number: 090011 00027

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
Sep 3, 2020
Closed on
Oct 22, 2020
Sold by
Bought by
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$101,900
Sold Price
$101,900
Current Estimated Value
$121,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,902
Avg. Annual Appreciation
3.11%
Original Mortgage
$81,520
Outstanding Balance
$70,867
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$50,935

Purchase Details

Listed on
Aug 3, 2020
Closed on
Aug 8, 2020
Sold by
Bought by
Seller's Agent
M. Scott Bettis
Crye-Leike Commercial
Buyer's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
List Price
$43,850
Sold Price
$50,000
Premium/Discount to List
$6,150
14.03%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 2007
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
$58,900
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Frayser, TN

  • Christine Ramsden Real Estate Agent - Collier REALTORS

    Christine Ramsden

    Collier REALTORS

    (901) 403-7176

    52 Total Sales

    2 in Frayser

    $63K - $125K Price Range

    Christine Ramsden
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  • Leaser Coleman Real Estate Agent - Empire Realty, LLC

    Leaser Coleman

    Empire Realty, LLC

    (901) 582-5586

    11 Total Sales

    1 in Frayser

    $87,550 Price

    Leaser Coleman
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  • Carla Quintero Real Estate Agent - REMAX Experts

    Carla Quintero

    REMAX Experts

    (901) 295-0622

    76 Total Sales

    1 in Frayser

    $60,000 Price

    Carla Quintero
     Section Image
  • Jordan Ray Real Estate Agent - eXp Realty

    Jordan Ray

    eXp Realty

    (901) 350-7982

    179 Total Sales

    19 in Frayser

    $42K - $159K Price Range

    Jordan Ray
     Section Image
  • Vashti Parson Real Estate Agent - C21 Patterson & Assoc. Real Es

    Vashti Parson

    C21 Patterson & Assoc. Real Es

    (901) 441-8931

    25 Total Sales

    2 in Frayser

    $109K - $160K Price Range

    Vashti Parson
     Section Image
  • Alissa Anderson Real Estate Agent - TurboHome Brokerage Inc.

    Alissa Anderson

    TurboHome Brokerage Inc.

    (901) 402-1681

    46 Total Sales

    4 in Frayser

    $135K - $165K Price Range

    Alissa Anderson
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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
$101,900 Delta Title Services Llc
$50,000 None Available
$49,717 None Available
$62,000 Preferred Title & Escrow
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
Open $81,520
Previous Owner $58,900
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 Prior Sale
10/23/2020 10/23/20 Sold $101,900 0.0% $102 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $101,900 +103.8% $102 / Sq Ft
08/31/2020 08/31/20 Sold $50,000 +14.0% $50 / Sq Ft View Prior Sale
08/12/2020 08/12/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $43,850 -- $44 / 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 $721 $26,800 $2,625 $24,175
2024 $627 $18,500 $2,400 $16,100
2023 $1,127 $18,500 $2,400 $16,100
2022 $1,127 $18,500 $2,400 $16,100
2021 $1,140 $18,500 $2,400 $16,100
2020 $893 $12,325 $2,400 $9,925
2019 $394 $12,325 $2,400 $9,925
2018 $394 $12,325 $2,400 $9,925
2017 $403 $12,325 $2,400 $9,925
2016 $539 $12,325 $0 $0
2014 $539 $12,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy Real Estate Agent - Reedy & Company, REALTORS

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    42 in this area

    226 Total Sales

    Jim Reedy
    Section Image

  • M

    Seller's Agent in 2020

    M. Scott Bettis

    Crye-Leike

    Section Image
  • Kim Hairrell Real Estate Agent - Crye-Leike

    Seller Co-Listing Agent in 2020

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    11 in this area

    222 Total Sales

    Kim Hairrell
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    40 in this area

    238 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084620

Memphis Area Association of REALTORS®

APN: 09-0011-0-0027

Tennessee Shelby County Memphis 38128 Frayser

3308 Sherrycrest Dr, Memphis, TN

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