NOT LISTED FOR SALE

4031 Drowsy Ln Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $78,000 - $128,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2025

Last sale price $85,000 $47 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $592 / mo

10 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Two Primary Bathrooms
  • Wood Flooring
  • Some Wood Windows

About This Home

As of September 2025

INVESTOR 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

Elliot Cerezo

The Home Partners Realty License #383035 Listed on: 08/11/2025

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 13,504 Sq Ft 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.31 Acres

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GEORGIAN WOODS BLK A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1794
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 2 Full Primary Baths, Full Bath Down, 2185
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, 2193

Exterior Features

  • Misc Exterior: Patio, Storage
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 29
  • Acreage: 0.31
  • Lot Size: 42X182
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 071034 00012

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
Aug 11, 2025
Closed on
Sep 3, 2025
Sold by
Bought by
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
$97,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,730
Avg. Annual Appreciation
21.07%
Original Mortgage
$111,230
Outstanding Balance
$48,203
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$49,527

Purchase Details

Closed on
May 2, 2023
Sold by
Bought by
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

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
$85,000 River City Title & Escrow
-- Advantage Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $111,230
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
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

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 $776 $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

  • E

    Seller's Agent in 2025

    Elliot Cerezo

    The Home Partners Realty

    (901) 305-6047

    2 in this area

    12 Total Sales

    Elliot Cerezo
    Section Image
  • Dean Harris

    Buyer's Agent in 2025

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    209 in this area

    1,379 Total Sales

    Dean Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10203300

Memphis Area Association of REALTORS®

APN: 07-1034-0-0012

Tennessee Shelby County Memphis 38127 Frayser

4031 Drowsy Ln, Memphis, TN

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