NOT LISTED FOR SALE

3931 Ajanders Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $79,000 - $122,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $74,000 $62 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $608/month

295 Days on Market

About This Home

As of December 2023

Fantastic investment opportunity in the Shelby area. This 3br/1 baths single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $705/month. The lease ends on 10/31/2023. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 02/07/2023

Last Buyer's Agent

Brett Bernard

The Stamps Real Estate Company License #346958

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $457

Year Built

  • Built in 1972

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x116

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,066 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Schoolfield St Elmo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072122 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$457

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 725F
  • MAAR Subdivision Name: SCHOOLFIELD ST ELMO
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1066
  • Year Built: 1972
  • List Price/ Sq Ft: 80
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 49
  • Acreage: 0.15
  • Lot Size: 60X116
  • Price Per Acre: 566000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072122 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Memphis Investment Houses Llc
Bought by
Kaves Llc
Current Estimated Value
$107,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,572
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$15,298

Purchase Details

Listed on
Feb 7, 2023
Closed on
Dec 6, 2023
Sold by
Nguyen Sang
Bought by
Memphis Investment Houses Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Brett Bernard
The Stamps Real Estate Company
List Price
$94,900
Sold Price
$74,000
Premium/Discount to List
-$20,900
-22.02%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.85%
Original Mortgage
$100,400
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 26, 2021
Sold by
Lmf Memphis Llc
Bought by
Nguyen Sang
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$56,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2011
Sold by
Foley Linda Salcedo and Foley Patrick Michael
Bought by
Lmf Memphis Llc

Purchase Details

Closed on
Jul 6, 2011
Sold by
River City Investment Properties Inc
Bought by
Foley Linda S and Foley Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,360
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Wells Fargo Financial Tennessee Inc
Bought by
River City Investment Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.83%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 2010
Sold by
Mosier Eugene L and Mosier Mary
Bought by
Wells Fargo Financial Tennessee Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kaves Llc $125,000 Titan Title Company
Kaves Llc $125,000 Titan Title Company
Memphis Investment Houses Llc $74,000 Local Title
Nguyen Sang $70,000 Saddle Creek Title Llc
Lmf Memphis Llc $140,100 None Available
Foley Linda S $46,700 None Available
River City Investment Properties Inc $34,000 None Available
Wells Fargo Financial Tennessee Inc $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaves Llc $100,000
Closed Kaves Llc $100,000
Previous Owner Memphis Investment Houses Llc $100,400
Previous Owner Nguyen Sang $56,000
Previous Owner Foley Linda S $37,360
Previous Owner River City Investment Properties Inc $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $74,000 -12.8% $74 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $84,900 -5.6% $85 / Sq Ft
08/01/2023 08/01/23 Price Changed $89,900 -5.3% $90 / Sq Ft
02/07/2023 02/07/23 For Sale $94,900 +35.6% $95 / Sq Ft
04/28/2021 04/28/21 Sold $70,000 -12.4% $70 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $79,900 -- $80 / 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 $457 $21,475 $2,750 $18,725
2024 $457 $13,475 $1,925 $11,550
2023 $821 $13,475 $1,925 $11,550
2022 $821 $13,475 $1,925 $11,550
2021 $366 $13,475 $1,925 $11,550
2020 $338 $10,575 $1,925 $8,650
2019 $338 $10,575 $1,925 $8,650
2018 $338 $10,575 $1,925 $8,650
2017 $346 $10,575 $1,925 $8,650
2016 $473 $10,825 $0 $0
2014 $473 $10,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    212 in this area

    1,428 Total Sales

    Dean Harris
    Section Image
  • Brett Bernard

    Buyer's Agent in 2023

    Brett Bernard

    The Stamps Real Estate Company

    (901) 692-7401

    79 in this area

    225 Total Sales

    Brett Bernard
    Section Image
  • Jeremy Veldman

    Seller's Agent in 2021

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    60 in this area

    212 Total Sales

    Jeremy Veldman
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141562

Memphis Area Association of REALTORS®

APN: 07-2122-0-0003

Tennessee Shelby County Memphis 38127 Frayser

3931 Ajanders Dr, Memphis, TN

This home is located at 3931 Ajanders Dr, Memphis, TN 38127 since 07 February 2023 and is currently estimated at $107,453, approximately $89 per square foot. This property was built in 1972. 3931 Ajanders Dr is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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