$75,000
SOLD SEP 13, 2024

3915 Schoolfield Rd Memphis, TN 38127

Frayser Neighborhood
3 Beds
2 Baths
1,000-1,199 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

16% Below List Price

95 Days on Market

Highlights

  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot
  • Some Wood Windows
  • Partially Carpeted
  • 1-Story Property

About This Home

As of September 2024

Long time rental available. Property is ready for move in, minus HVAC and water heater. Estimated rent is $1050 per month. This property won't last long, being sold as-is. Realtors can show at will, Sentrilock on site. EMD is $2500 due 2 days after contract is bound, to be held by Saddle Creek Title in Memphis, max of 7 days inspection. No contract transfers/"wholesalers", EMD WILL BE FORFEITED and contract canceled if so.

Last Agent to Sell the Property

Daniel Sturdivant

Bluff City Management, LLC License #331129

Last Buyer's Agent

Fred Sengstacke

KAIZEN Realty, LLC License #320751

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $531

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 68x125
  • Level Lot

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,120 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Parkside Revised Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072104 E00047

Home Details

Home Type

Single Family

Est. Annual Taxes

$531

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 725F
  • MAAR Subdivision Name: PARKSIDE
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.96
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1120
  • Year Built: 1977
  • List Price/ Sq Ft: 80
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 26
  • Acreage: 0.19
  • Lot Size: 68X125
  • Price Per Acre: 471053
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072104 E00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Prominence Rental Group Llc
Bought by
Octopus Group Inc
Total Days on Market
95
Current Estimated Value
$100,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,425
Outstanding Balance
$106,425
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$27,991

Purchase Details

Listed on
May 6, 2024
Closed on
Sep 12, 2024
Sold by
Perez Pedro
Bought by
Prominence Rental Group Llc
Seller's Agent
Daniel Sturdivant
Bluff City Management, LLC
Buyer's Agent
Fred Sengstacke
KAIZEN Realty, LLC
List Price
$89,500
Sold Price
$75,000
Premium/Discount to List
-$14,500
-16.2%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.14%
Original Mortgage
$95,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2016
Sold by
Babbayan Investments Llc
Bought by
Jpa Sales Partnership

Purchase Details

Closed on
Jun 7, 2012
Sold by
Heritage Properties Of Tn Inc
Bought by
Babbayan Investments Llc

Purchase Details

Closed on
Oct 28, 2010
Sold by
Harris Harris & Harris Llc
Bought by
Community Bank North Mississippi

Purchase Details

Closed on
Aug 21, 2008
Sold by
Harris Bryan S
Bought by
Harris Harris & Harris Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2008
Sold by
Fannie Mae
Bought by
Harris Bryan S

Purchase Details

Closed on
Mar 13, 2008
Sold by
Hayes Loretta J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 27, 2006
Sold by
Hayes Lorette J
Bought by
Strahan Loretta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2000
Sold by
Lynch Ida F
Bought by
Hayes Loretta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.97%

Map

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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $75,000 Saddle Creek Title
Warranty Deed $32,000 Saddle Creek Title Llc
Warranty Deed $29,000 Saddle Creek Title Llc
Warranty Deed $12,000 Saddle Creek Title Llc
Special Warranty Deed $30,000 Saddle Creek Title
Trustee Deed $89,250 None Available
Quit Claim Deed -- Chicago Title Ins Co
Special Warranty Deed $19,000 Chicago Title Ins Co
Trustee Deed $52,060 None Available
Quit Claim Deed -- Lenders Title & Escrow Llc
Warranty Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,425 New Conventional
Previous Owner $95,000 New Conventional
Previous Owner $162,000 Purchase Money Mortgage
Previous Owner $61,200 Unknown
Previous Owner $52,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $75,000 -16.2% $75 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $89,500 0.0% $90 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $89,500 0.0% $90 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $89,500 -- $90 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2024 $531 $15,650 $1,925 $13,725
2023 $953 $15,650 $1,925 $13,725
2022 $953 $15,650 $1,925 $13,725
2021 $965 $15,650 $1,925 $13,725
2020 $891 $12,300 $1,925 $10,375
2019 $891 $12,300 $1,925 $10,375
2018 $891 $12,300 $1,925 $10,375
2017 $506 $12,300 $1,925 $10,375
2016 $551 $12,600 $0 $0
2014 $551 $12,600 $0 $0
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10171987

Memphis Area Association of REALTORS®

APN: 07-2104-E0-0047