NOT LISTED FOR SALE

3940 Schoolfield Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $95,132 - $119,000

3 Beds
1.5 Baths
1,048 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2018

Last sale price $29,500 $28 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $605 / mo

Highlights

  • Traditional Architecture
  • Cooling Available
  • Property has 3 Levels
  • No HOA
  • Heating Available

About This Home

As of January 2018

Property is tenant occupied. PLEASE do not disturb the tenants! Interior inspection can be completed once terms are agreed and property is under contract. Long term tenant pays $650.00 per month. Property is being sold in as is condition.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 11,326 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,048 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Schoolfield St Elmo Subdivision

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 072123 00037

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1977
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1048
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Other
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size: .26
  • Lot Size Units: Acres
  • Parcel #: 072123 00037
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 962
  • Tax Lot: 122

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
Jan 31, 2018
Closed on
Jan 30, 2018
Sold by
Bought by
List Price
$32,900
Sold Price
$29,500
Premium/Discount to List
-$3,400
-10.33%
Current Estimated Value
$103,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,783
Avg. Annual Appreciation
16.09%

Purchase Details

Listed on
May 27, 2013
Closed on
Aug 30, 2013
Sold by
Bought by
Seller's Agent
Danny Freeman
Crye-Leike, Inc., REALTORS
Buyer's Agent
Harry Baker
REMAX Experts
List Price
$24,400
Sold Price
$21,000
Premium/Discount to List
-$3,400
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Source: Public Records
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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
$29,500 Baymark Title & Escrow Svcs
$21,000 Realty Title
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 Prior Sale
12/02/2025 12/02/25 For Sale $32,900 +11.5% $31 / Sq Ft
01/31/2018 01/31/18 Sold $29,500 0.0% $28 / Sq Ft
01/31/2018 01/31/18 Sold $29,500 -10.3% $30 / Sq Ft View Prior Sale
01/31/2018 01/31/18 Pending -- -- --
01/18/2018 01/18/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $32,900 +56.7% $33 / Sq Ft
08/30/2013 08/30/13 Sold $21,000 -13.9% $21 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
05/27/2013 05/27/13 For Sale $24,400 -- $24 / Sq Ft
Source: Realtracs

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 $581 $21,600 $2,750 $18,850
2024 $522 $15,400 $1,925 $13,475
2023 $938 $15,400 $1,925 $13,475
2022 $938 $15,400 $1,925 $13,475
2021 $949 $15,400 $1,925 $13,475
2020 $879 $12,125 $1,925 $10,200
2019 $879 $12,125 $1,925 $10,200
2018 $879 $12,125 $1,925 $10,200
2017 $498 $12,125 $1,925 $10,200
2016 $541 $12,375 $0 $0
2014 $541 $12,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Glosson

    Seller's Agent in 2018

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image

  • J

    Buyer's Agent in 2018

    Justin Reed

    River City Land Co., LLC

    (901) 395-4384

    50 Total Sales

    Justin Reed
    Section Image
  • Danny Freeman

    Seller's Agent in 2013

    Danny Freeman

    Crye-Leike, Inc., REALTORS

    (901) 406-3224

    255 Total Sales

    Danny Freeman
    Section Image

  • H

    Buyer's Agent in 2013

    Harry Baker

    RE/MAX

See All Agents

Map

Source: Realtracs

MLS Number: 3056201

Realtracs

APN: 07-2123-0-0037

Tennessee Shelby County Memphis 38127 Frayser

3940 Schoolfield Rd, Memphis, TN

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.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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