NOT LISTED FOR SALE

4029 Drowsy Ln Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $90,000 - $139,000

4 Beds
2 Baths
2,200-2,399 Sq Ft
$49/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $27,750 $12 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $672/month

165 Days on Market

Highlights

  • 1 Fireplace
  • Some Wood Windows
  • Patio
  • Great Room
  • Brick Veneer
  • Central Heating

About This Home

As of April 2016

Great Investment opportunity with HUGE potential! Fantastic entry level fixer-upper. Bonus room upstairs with exterior access. Large shaded backyard. BEING SOLD AS IS.

Last Agent to Sell the Property

Haydn Wiseman

Cahltrep Realty, LLC License #333143 Listed on: 11/06/2015

Last Buyer's Agent

Henry Booth

Omni, REALTORS License #242617

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.32 Acre Lot
  • Few Trees

Home Design

  • Brick Veneer

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,210 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating

Community Details

  • Georgian Woods Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071034 00013

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GEORGIAN WOODS BLK A
  • List Price Per Sq Ft: 15
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2210
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Pantry, Kit/DR Combo
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

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

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Cove
  • Lot Number: 30
  • Acreage: 0.32
  • Lot Size: 37.37/155.02 + 27 X 126.27/181.71

Tax Info

  • Assessor Parcel Number: 071034 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2016
Sold by
Hardin Enterprises Inc
Bought by
Blanchard Den
Current Estimated Value
$117,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2016
Sold by
Qualls Cynthia
Bought by
Hardin Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 6, 2015
Closed on
Apr 29, 2016
Sold by
Steff James N
Bought by
Qualls Cynthia
Seller's Agent
Haydn Wiseman
Cahltrep Realty, LLC
Buyer's Agent
Henry Booth
Omni, REALTORS
List Price
$40,000
Sold Price
$27,750
Premium/Discount to List
-$12,250
-30.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.05%

Purchase Details

Closed on
Jan 29, 2009
Sold by
Hsbc Mortgage Services Inc
Bought by
Steff James N

Purchase Details

Closed on
Feb 25, 2008
Sold by
Steele Timothy and Steele Jacqueline
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Jul 21, 2006
Sold by
Farrow Gregg
Bought by
Steele Timothy and Steele Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
10.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2006
Sold by
Household Financial Center Inc
Bought by
Farrow Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2004
Sold by
Russell Christopher and Russell Chauncey
Bought by
Horton Ricky

Purchase Details

Closed on
Nov 21, 2003
Sold by
Fugh Steve and Fugh Ethel M
Bought by
Russell Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
8.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blanchard Den $48,750 None Available
Hardin Enterprises Inc $20,000 None Available
Qualls Cynthia $27,750 Mid South Title Services Llc
Steff James N $26,500 Mid South Title Services Llc
Hsbc Mortgage Services Inc $71,674 None Available
Steele Timothy $88,000 Realty Title
Farrow Gregg $60,000 Resource Title Agency Of Tn
Horton Ricky -- --
Russell Christopher $88,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Blanchard Den $48,750
Previous Owner Steele Timothy $88,000
Previous Owner Farrow Gregg $57,600
Previous Owner Russell Christopher $88,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $27,750 -30.6% $13 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $40,000 -- $18 / 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 $734 $31,300 $2,550 $28,750
2024 $734 $21,650 $2,300 $19,350
2023 $1,319 $21,650 $2,300 $19,350
2022 $1,319 $21,650 $2,300 $19,350
2021 $1,334 $21,650 $2,300 $19,350
2020 $1,237 $17,075 $2,300 $14,775
2019 $1,237 $17,075 $2,300 $14,775
2018 $1,237 $17,075 $2,300 $14,775
2017 $702 $17,075 $2,300 $14,775
2016 $718 $16,425 $0 $0
2014 $718 $16,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Haydn Wiseman

    Seller's Agent in 2016

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 334-8895

    9 in this area

    77 Total Sales

    Haydn Wiseman
    Section Image

  • H

    Buyer's Agent in 2016

    Henry Booth

    Omni, REALTORS

    (901) 281-4663

    1 in this area

    21 Total Sales

    Henry Booth
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9965029

Memphis Area Association of REALTORS®

APN: 07-1034-0-0013

Tennessee Shelby County Memphis 38127 Frayser

4029 Drowsy Ln, Memphis, TN

Not Listed for Sale

Detached

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