E
Seller's Agent in 2025
Elliot Cerezo
The Home Partners Realty
(901) 305-6047
1 in this area
3 Total Sales
4031 Drowsy Ln Memphis, TN 38127
Frayser Neighborhood
3
Beds
2
Baths
1,600-1,799
Sq Ft
0.31
Acres
Highlights
- Updated Kitchen
- Traditional Architecture
- Separate Formal Living Room
- Two Primary Bathrooms
- Wood Flooring
- Some Wood Windows
About This Home
As of September 2025INVESTOR SPECIAL! CASH ONLY — AS-IS. Vacant & easy to show. 2024 work already done: new kitchen (cabinets/counters/appliances), flooring, fresh interior & exterior paint, and a new roof. Finish it out and add value—perfect for BRRRR or flip. Priced for a quick close. Proof of funds required with all offers.
Last Agent to Sell the Property
The Home Partners Realty License #383035 Listed on: 08/11/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 42x182
- Few Trees
Home Design
- Traditional Architecture
- Property Attached
- Brick Veneer
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,794 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Aluminum Window Frames
- Separate Formal Living Room
- Dining Room
- Updated Kitchen
Flooring
- Wood
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Two Primary Bathrooms
- 2 Full Bathrooms
Parking
- 1 Car Garage
- Front Facing Garage
- Driveway
Outdoor Features
- Patio
- Outdoor Storage
Additional Features
- Ground Level
- Central Heating and Cooling System
Community Details
- Georgian Woods Blk A Subdivision
Listing and Financial Details
- Assessor Parcel Number 071034 00012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2025
Closed on
Sep 3, 2025
Sold by
Graham Patricia H
Bought by
Cook Management Group Llc
Seller's Agent
Elliot Cerezo
The Home Partners Realty
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$87,500
Sold Price
$85,000
Premium/Discount to List
-$2,500
-2.86%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,542
Avg. Annual Appreciation
55.89%
Original Mortgage
$111,230
Outstanding Balance
$111,230
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
-$13,688
Purchase Details
Closed on
May 2, 2023
Sold by
Graham Hugh
Bought by
Graham Patricia Harper
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | River City Title & Escrow | |
| Quit Claim Deed | -- | Advantage Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $111,230 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $85,000 | -2.9% | $53 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 08/11/2025 08/11/25 | For Sale | $87,500 | -- | $55 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $678 | $28,850 | $2,525 | $26,325 |
| 2024 | $678 | $20,000 | $2,275 | $17,725 |
| 2023 | $1,218 | $20,000 | $2,275 | $17,725 |
| 2022 | $1,218 | $20,000 | $2,275 | $17,725 |
| 2021 | $1,233 | $20,000 | $2,275 | $17,725 |
| 2020 | $1,145 | $15,800 | $2,275 | $13,525 |
| 2019 | $1,145 | $15,800 | $2,275 | $13,525 |
| 2018 | $1,145 | $15,800 | $2,275 | $13,525 |
| 2017 | $649 | $15,800 | $2,275 | $13,525 |
| 2016 | $657 | $15,025 | $0 | $0 |
| 2014 | $657 | $15,025 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elliot Cerezo
-
Dean Harris
Buyer's Agent in 2025
Dean Harris
CrestCore Realty MphsBrokerage
(901) 619-6170
215 in this area
1,410 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10203300
APN: 07-1034-0-0012
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