NOT LISTED FOR SALE

3815 Ajanders Dr Unit 1 Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $121,000 - $134,000

5 Beds
2 Baths
1,523 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2025

Last sale price $131,500 $86 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $768 / mo

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Brick Veneer
  • Level Lot
  • 1-Story Property

About This Home

As of September 2025

Unit 3817 offers 3 beds, 1 bath, leased at $770/month. Unit 3815 has 2 beds, 1 bath, leased at $725/month. Both units feature updates: LVP flooring, fresh paint, new lighting, new HVAC condensers, and a new water heater within the last 2 years. Professionally managed, ideal for investors or owner-occupants seeking a house hack opportunity. Live in one side and rent out the other. Eligible for FHA, VA, and Conventional lending. Don't miss this income-generating gem!

Last Agent to Sell the Property

Michael Valenza

eXp Realty, LLC License #352076 Listed on: 08/13/2025

eXp Realty, LLC

Last Buyer's Agent

Jordan Ray

eXp Realty, LLC License #375004

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 68x110
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Schoolfield St Elmo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072121 B00018

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3817
  • MAAR Subdivision Name: SCHOOLFIELD ST ELMO
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1523
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 84
  • Acreage: 0.17
  • Lot Size: 68X110
  • Geo Subdivision: TN

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 072121 B00018

Multi Family

  • Perc Occ: 50

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
Aug 13, 2025
Closed on
Aug 29, 2025
Sold by
Bought by
Seller's Agent
Michael Valenza
eXp Realty, LLC
Buyer's Agent
Jordan Ray
eXp Realty, LLC
List Price
$150,000
Sold Price
$131,500
Premium/Discount to List
-$18,500
-12.33%
Current Estimated Value
$128,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,044
Avg. Annual Appreciation
-2.89%
Original Mortgage
$105,200
Outstanding Balance
$105,017
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,439

Purchase Details

Closed on
Sep 1, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 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
$58,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2000
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
$40,000
Interest Rate
8.17%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 1998
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
$37,600
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$131,500 Titan Title Company
$74,000 Millennial Title Llc
$6,300 None Available
-- None Available
$6,600 None Available
$51,991 None Available
$65,000 Accurate Title & Escrow
$30,000 --
$30,000 --
$37,835 --
$37,835 --
$47,000 Security Title Company Inc
$47,000 Security Title Company Inc
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 $105,200
Previous Owner $58,500
Previous Owner $40,000
Previous Owner $37,600
Closed $7,050
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
09/03/2025 09/03/25 Sold $131,500 -12.3% $86 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $150,000 -- $98 / 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 $894 $33,240 $2,400 $30,840
2024 $365 $10,760 $2,000 $8,760
2023 $655 $10,760 $2,000 $8,760
2022 $655 $10,760 $2,000 $8,760
2021 $292 $10,760 $2,000 $8,760
2020 $438 $13,720 $2,000 $11,720
2019 $438 $13,720 $2,000 $11,720
2018 $438 $13,720 $2,000 $11,720
2017 $97 $2,975 $1,250 $1,725
2016 $0 $0 $0 $0
2014 $735 $16,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10203497

Memphis Area Association of REALTORS®

APN: 07-2121-B0-0018

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