$80,000
SOLD SEP 27, 2024

3500 Brookmeade St Memphis, TN 38127

Frayser Neighborhood
3 Beds
1.5 Baths
1,200-1,399 Sq Ft
0.32 Acres

Recently Sold

$57 Per Sq Ft

7% Above List Price

6 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Dining Room
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of March 2025

Investors do yourself a favor and dd this one to your portfolio. This professionally managed, tenant occupied property offers 3 bedrooms, 1.5 baths. Long term tenant, currently paying $785 through 4/30/25 and would love to stay. Please do not disturb the tenant. Closing agency is Excel Title and Escrow. EM will be held by 4 Success Realty.

Last Agent to Sell the Property

Deborah Williams

4 Success Realty, LLC License #294304 Listed on: 09/12/2024

Last Buyer's Agent

Fred Sengstacke

KAIZEN Realty, LLC License #320751

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 80x176
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,200 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Lambelle Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072074 00022

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725E
  • MAAR Subdivision Name: LAMBELLE HEIGHTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1200
  • Year Built: 1957
  • List Price/ Sq Ft: 62
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 63
  • Acreage: 0.32
  • Lot Size: 80X176
  • Price Per Acre: 234375
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072074 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 7, 2025
Sold by
Prominence Rental Group Llc
Bought by
Watkins Tammy
Seller's Agent
Fred Sengstacke
KAIZEN Realty, LLC
List Price
$154,900
Sold Price
$149,900
Premium/Discount to List
-$5,000
-3.23%
Views
46
Current Estimated Value
$145,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,278
Avg. Annual Appreciation
-10.54%
Original Mortgage
$145,403
Outstanding Balance
$145,275
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$347

Purchase Details

Listed on
Sep 12, 2024
Closed on
Sep 25, 2024
Sold by
Moeraki Llc
Bought by
Prominence Rental Group Llc
Seller's Agent
Deborah Williams
4 Success Realty, LLC
Buyer's Agent
Fred Sengstacke
KAIZEN Realty, LLC
List Price
$75,000
Sold Price
$80,000
Premium/Discount to List
$5,000
6.67%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
242.55%
Original Mortgage
$100,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2017
Closed on
Apr 6, 2017
Sold by
Hardin Enterprises Inc
Bought by
Sather Daniel
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
Lisa Haley
Keystone Realty, LLC
List Price
$16,960
Sold Price
$26,424
Premium/Discount to List
$9,464
55.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%

Purchase Details

Listed on
Feb 8, 2017
Closed on
Mar 23, 2017
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Hardin Enterprises Inc
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
Lisa Haley
Keystone Realty, LLC
List Price
$16,960
Sold Price
$26,424
Premium/Discount to List
$9,464
55.8%

Purchase Details

Closed on
Dec 13, 2016
Sold by
Lester Addie
Bought by
The Bank Of New York Mellon Trust Co and The Bank Of New York Co Na
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $149,900 Home Surety Title
Warranty Deed $80,000 Excel Title & Escrow
Warranty Deed $45,000 None Available
Warranty Deed $26,424 None Available
Trustee Deed $22,880 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,403 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $65,700 Unknown
Previous Owner $51,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $149,900 -3.2% $125 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $154,900 0.0% $129 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $154,900 +93.6% $129 / Sq Ft
09/27/2024 09/27/24 Sold $80,000 +6.7% $67 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $75,000 +183.8% $63 / Sq Ft
03/27/2017 03/27/17 Sold $26,424 +55.8% $22 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $16,960 -- $14 / 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 -- $22,325 $2,875 $19,450
2024 $463 $13,650 $2,025 $11,625
2023 $832 $13,650 $2,025 $11,625
2022 $832 $13,650 $2,025 $11,625
2021 $471 $13,650 $2,025 $11,625
2020 $819 $11,300 $2,025 $9,275
2019 $361 $11,300 $2,025 $9,275
2018 $361 $11,300 $2,025 $9,275
2017 $370 $11,300 $2,025 $9,275
2016 $486 $11,125 $0 $0
2014 $486 $11,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Sengstacke

    Seller's Agent in 2025

    Fred Sengstacke

    KAIZEN Realty, LLC

    (901) 674-0837

    19 in this area

    54 Total Sales

    Fred Sengstacke
    Section Image

  • D

    Seller's Agent in 2024

    Deborah Williams

    4 Success Realty, LLC

    (901) 359-6968

    22 in this area

    167 Total Sales

    Deborah Williams
    Section Image

  • C

    Seller's Agent in 2017

    Courtney Read

    Vylla Home

    (901) 282-5624

    1 in this area

    487 Total Sales

    Courtney Read
    Section Image
  • Lisa Haley

    Buyer's Agent in 2017

    Lisa Haley

    Keystone Realty, LLC

    (901) 553-4237

    15 Total Sales

    Lisa Haley
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181148

Memphis Area Association of REALTORS®

APN: 07-2074-0-0022

Tennessee Shelby County Memphis 38127 Frayser

3500 Brookmeade St, Memphis, TN

This home is located at 3500 Brookmeade St, Memphis, TN 38127 and is currently priced at $80,000, approximately $57 per square foot. This property was built in 1957. 3500 Brookmeade St is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Georgian Hills Junior High School, and Trezevant High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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