NOT LISTED FOR SALE

4098 Drowsy Ln Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $117,000 - $149,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$59/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $57,500 $26 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $735/month

27 Days on Market

About This Home

As of February 2019

Great Investment Property. Professionally Managed. Rented at $892.50/mo. DO NOT DISTURB TENANTS. Photos coming soon. Part of larger portfolio for sale. Contact agent for details.

Last Agent to Sell the Property

Alexander Hugo

Reedy & Company, REALTORS License #340563 Listed on: 12/26/2018

Last Buyer's Agent

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,076 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Georgian Woods Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 00141

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GEORGIAN WOODS SEC A
  • List Price Per Sq Ft: 29
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2076
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 125
  • Acreage: 0.24
  • Lot Size: 91.51/85.46 X 116.57/161.63

Tax Info

  • Assessor Parcel Number: 071048 00141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Auborn Avenue Llc
Bought by
Armored Solutions Llc
Current Estimated Value
$127,667

Purchase Details

Closed on
Aug 11, 2020
Sold by
Larkin Adam and Toscano Rocco
Bought by
Auborn Avenue Llc

Purchase Details

Listed on
Dec 26, 2018
Closed on
Feb 7, 2019
Sold by
Pulliam Family Limited Partnership
Bought by
Larkin Adam and Toscano Rocco
Seller's Agent
Alexander Hugo
Reedy & Company, REALTORS
Buyer's Agent
Elizabeth Glosson
Fast Track Realty, LLC
List Price
$60,000
Sold Price
$57,500
Premium/Discount to List
-$2,500
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$46,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 25, 2012
Sold by
The Bank Of New York Mellon
Bought by
Pulliam Family Limited Partnership

Purchase Details

Closed on
Sep 30, 2011
Sold by
Seay Annie
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 30, 1998
Sold by
Newsom Robert R and Newsom Avril A
Bought by
Seay Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,957
Interest Rate
6.77%
Mortgage Type
FHA
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
Armored Solutions Llc -- None Available
Auborn Avenue Llc -- None Available
Larkin Adam $57,500 Delta Title Services Llc
Pulliam Family Limited Partnership $16,500 None Available
The Bank Of New York Mellon $41,400 None Available
Seay Annie -- Stewart Title
Seay Annie -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larkin Adam $46,000
Previous Owner Seay Annie $83,957
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $57,500 -4.2% $29 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $60,000 -- $30 / 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 $813 $34,600 $2,325 $32,275
2024 $813 $23,975 $2,100 $21,875
2023 $1,460 $23,975 $2,100 $21,875
2022 $1,460 $23,975 $2,100 $21,875
2021 $1,478 $23,975 $2,100 $21,875
2020 $1,362 $18,800 $2,100 $16,700
2019 $601 $18,800 $2,100 $16,700
2018 $601 $18,800 $2,100 $16,700
2017 $615 $18,800 $2,100 $16,700
2016 $567 $12,975 $0 $0
2014 $567 $12,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alexander Hugo

    Reedy & Company, REALTORS

  • Elizabeth Glosson

    Buyer's Agent in 2019

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    2 in this area

    197 Total Sales

    Elizabeth Glosson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042964

Memphis Area Association of REALTORS®

APN: 07-1048-0-0141

Tennessee Shelby County Memphis 38127 Frayser

4098 Drowsy Ln, Memphis, TN

Not Listed for Sale

Detached

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