NOT LISTED FOR SALE

3928 Balfour St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $80,000 - $110,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$69/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $31,550 $23 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $556/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Storage Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Central Heating
  • 1-Story Property

About This Home

As of February 2017

This home is located at 3928 Balfour St, Memphis, TN 38127 since 22 January 2017 and is currently estimated at $96,940, approximately $80 per square foot. This property was built in 1957. 3928 Balfour St is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Georgian Hills Middle School, and Cornerstone Prep Denver Campus.

Last Agent to Sell the Property

Michelle Batts

Progressive Realty Services License #266504 Listed on: 01/22/2017

Last Buyer's Agent

Lowell Brister

Leco Realty, Inc. License #242333

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1957

Lot Details

  • 0.31 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,174 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Workshop in Garage

Location

  • Ground Level

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Georgain Hills Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071009 00037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$509

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 725C
  • MAAR Subdivision Name: GEORGIAN HILLS BLK E
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1174
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Storage Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Workshop(s)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Gas
  • Security: Iron Door(s), Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 9
  • Acreage: 0.31
  • Lot Size: 100/72.49X168.29/171.30
  • Price Per Acre: 127419

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071009 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2017
Closed on
Feb 28, 2017
Sold by
Brister Jack A
Bought by
Brister Lowell H
Seller's Agent
Michelle Batts
Progressive Realty Services
Buyer's Agent
Lowell Brister
Leco Realty, Inc.
List Price
$39,500
Sold Price
$31,550
Premium/Discount to List
-$7,950
-20.13%
Current Estimated Value
$96,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,390
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Apr 23, 2012
Sold by
Batts Michelle Yvette
Bought by
Realistic Rentals & Renovations Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Hankins Georgetta
Bought by
Hud

Purchase Details

Closed on
Jul 16, 1998
Sold by
Hall Robert L and Hall Cloyce J
Bought by
Hankins Georgetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,971
Interest Rate
7.02%
Mortgage Type
FHA
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
Brister Lowell H -- None Available
Realistic Rentals & Renovations Llc -- None Available
Hud $55,397 None Available
Hankins Georgetta $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hankins Georgetta $55,971
Closed Hankins Georgetta $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2017 02/16/17 Sold $31,550 -20.1% $26 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $39,500 -- $33 / 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 $509 $21,425 $2,500 $18,925
2024 $509 $15,000 $2,250 $12,750
2023 $914 $15,000 $2,250 $12,750
2022 $914 $15,000 $2,250 $12,750
2021 $1,086 $15,000 $2,250 $12,750
2020 $860 $11,875 $2,250 $9,625
2019 $380 $11,875 $2,250 $9,625
2018 $380 $11,875 $2,250 $9,625
2017 $388 $11,875 $2,250 $9,625
2016 $488 $11,175 $0 $0
2014 $488 $11,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Batts

    Progressive Realty Services

    (901) 503-7909

    2 in this area

    7 Total Sales

    Michelle Batts
    Section Image

  • L

    Buyer's Agent in 2017

    Lowell Brister

    Leco Realty, Inc.

    (901) 508-4737

    23 in this area

    125 Total Sales

    Lowell Brister
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9994015

Memphis Area Association of REALTORS®

APN: 07-1009-0-0037

Tennessee Shelby County Memphis 38127 Frayser

3928 Balfour St, Memphis, TN

This home is located at 3928 Balfour St, Memphis, TN 38127 since 22 January 2017 and is currently estimated at $96,940, approximately $69 per square foot. This property was built in 1957. 3928 Balfour St is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Georgian Hills Middle School, and Cornerstone Prep Denver Campus.

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