NOT LISTED FOR SALE

3910 University St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $94,000 - $114,764

3 Beds
2 Baths
1,000-1,199 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $120,000 $100 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $601/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of May 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $850 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: 01/09/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $485

Year Built

  • Built in 1959

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 91x197
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,146 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • St Elmo First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071046 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$485

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725C
  • MAAR Subdivision Name: ST ELMO 1ST ADD
  • List Price Per Sq Ft: 105
  • Number Of Stories: 1
  • Price Per Sq Ft: 104.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1146
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary 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, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 80
  • Acreage: 0.37
  • Lot Size: 91X197
  • Price Per Acre: 324324

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071046 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Extra Iris Llc
Bought by
Us Green Revocable Family Trust and Smith
Current Estimated Value
$102,941

Purchase Details

Listed on
Jan 9, 2022
Closed on
May 16, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Extra Iris Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%

Purchase Details

Closed on
Dec 30, 2021
Sold by
Mcgreen Najee
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jun 23, 2016
Sold by
Straight Street Holdings Llc
Bought by
Mcgreen Najee
Seller's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$13,500
Sold Price
$6,000
Premium/Discount to List
-$7,500
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.19%
Original Mortgage
$39,000
Interest Rate
3.58%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Dec 16, 2015
Closed on
May 18, 2016
Sold by
Reinvestment Company Llc
Bought by
Straight Street Holdings Lc
Seller's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$13,500
Sold Price
$6,000
Premium/Discount to List
-$7,500
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
3.58%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Dec 16, 2015
Closed on
May 12, 2016
Sold by
U S Bank National Association
Bought by
Reinvestments Company Llc
Seller's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$13,500
Sold Price
$6,000
Premium/Discount to List
-$7,500
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
3.58%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 6, 2015
Sold by
Smith Larry
Bought by
U S Bank Na

Purchase Details

Closed on
May 3, 1995
Bought by
Smith Larry
Source: Public Records

Range of Values:

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Average Value
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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
Us Green Revocable Family Trust -- None Listed On Document
Extra Iris Llc $120,000 Delta Title Services
Memphis Investment Properties Iii Llc $57,900 Delta Title Services Llc
Mcgreen Najee $39,000 None Available
Straight Street Holdings Lc $10,000 None Available
Reinvestments Company Llc $6,000 None Available
U S Bank Na $46,393 None Available
Smith Larry $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $93,000
Previous Owner Mcgreen Najee $43,500
Previous Owner Mcgreen Najee $39,000
Previous Owner Gp Buy Memphis Now $10,000
Previous Owner Straight Street Holdings Lc $10,000
Previous Owner Reinvestments Company Llc $10,000
Previous Owner Smith Larry $31,248
Previous Owner Smith Larry $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $120,000 0.0% $120 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $120,000 +1900.0% $120 / Sq Ft
05/18/2016 05/18/16 Sold $6,000 -55.6% $6 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $13,500 -- $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 $485 $22,125 $2,675 $19,450
2024 $485 $14,300 $2,400 $11,900
2023 $871 $14,300 $2,400 $11,900
2022 $871 $14,300 $2,400 $11,900
2021 $609 $9,875 $2,400 $7,475
2020 $596 $8,225 $2,400 $5,825
2019 $263 $8,225 $2,400 $5,825
2018 $263 $8,225 $2,400 $5,825
2017 $269 $8,225 $2,400 $5,825
2016 $524 $12,000 $0 $0
2014 $524 $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    78 in this area

    426 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    77 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
  • Kim Hairrell

    Seller's Agent in 2016

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    9 in this area

    182 Total Sales

    Kim Hairrell
    Section Image
  • Scott Housewirth

    Buyer's Agent in 2016

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    5 in this area

    209 Total Sales

    Scott Housewirth
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115411

Memphis Area Association of REALTORS®

APN: 07-1046-0-0028

Tennessee Shelby County Memphis 38127 Frayser

3910 University St, Memphis, TN

This home is located at 3910 University St, Memphis, TN 38127 since 09 January 2022 and is currently estimated at $102,941, approximately $85 per square foot. This property was built in 1959. 3910 University St is a home located in Shelby County with nearby schools including Hawkins Mill 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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