Valencia Gathwright
Keller Williams
(901) 350-4332
89 Total Sales
4 in Frayser
$35K - $147K Price Range
987 Floyd Ave Memphis, TN 38127
Frayser NeighborhoodEstimated Value: $79,424
3
Beds
1
Bath
845
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Brick Veneer
- Central Heating and Cooling System
- Separate Formal Living Room
- Tile Flooring
- Storm Doors
About This Home
As of May 2026Investor Special! This tenant-occupied 3-bedroom, 1-bath home is a great addition to any rental portfolio. Currently leased at $895/month with tenants in place, this property offers immediate income potential from day one. Home features a functional floor plan with spacious living areas and solid rental appeal. Conveniently located with easy access to major roads, schools, and local amenities. Long-term tenant in place since 4/5/2020. Current lease ends 4/30/2026.
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 Details
Home Type
- Single Family
Year Built
- Built in 1952
Lot Details
- 13,939 Sq Ft Lot
- Lot Dimensions are 70x200
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 845 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
Flooring
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Home Security
- Storm Doors
- Iron Doors
Utilities
- Central Heating and Cooling System
Community Details
- Patricia Heights Sec F Blk 6 Subdivision
Listing and Financial Details
- Assessor Parcel Number 069040 00005
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
Feb 19, 2026
Closed on
May 15, 2026
Sold by
Bought by
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Timishia Ortiz
eXp Realty, LLC
List Price
$95,000
Sold Price
$65,000
Premium/Discount to List
-$30,000
-31.58%
Views
3
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
$14,424
Avg. Annual Appreciation
148.67%
Original Mortgage
$72,000
Outstanding Balance
$48,254
Interest Rate
6.37%
Mortgage Type
Construction
Estimated Equity
$31,170
Purchase Details
Closed on
Jan 9, 2018
Sold by
Bought by
Purchase Details
Closed on
Oct 4, 2017
Sold by
Bought by
Purchase Details
Closed on
Jul 17, 2017
Sold by
Bought by
Purchase Details
Closed on
Apr 20, 2016
Sold by
Bought by
Purchase Details
Closed on
Jul 24, 2009
Sold by
Bought by
Purchase Details
Closed on
Apr 6, 2009
Sold by
Bought by
Purchase Details
Closed on
Dec 12, 2005
Sold by
Bought by
Purchase Details
Closed on
Aug 19, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
7.65%
Purchase Details
Closed on
May 25, 1999
Sold by
Bought by
Purchase Details
Closed on
Sep 13, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Frayser, TN
-
Valencia Gathwright
-
Christopher Lucas
Christopher Lucas
eXp Realty, LLC
(901) 479-0228
52 Total Sales
2 in Frayser
$64K - $130K Price Range
-
Patrecia Goldstein
Patrecia Goldstein
Crye-Leike, Inc., REALTORS
(901) 979-2143
74 Total Sales
1 in Frayser
$86,000 Price
-
Randell Richmond
Randell Richmond
eXp Realty, LLC
(580) 232-7340
70 Total Sales
3 in Frayser
$4K - $142K Price Range
-
Brandye Temple
Brandye Temple
Collier REALTORS
(901) 519-2319
42 Total Sales
1 in Frayser
$185,500 Price
-
Gerald Williams
Gerald Williams
KAIZEN Realty, LLC
(901) 979-0741
21 Total Sales
5 in Frayser
$56K - $225K Price Range
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 |
|---|---|---|---|
| $65,000 | Saddle Creek Title | ||
| $57,000 | Saddle Creek Title Llc | ||
| $12,000 | Saddle Creek Title Llc | ||
| $3,500 | Preferred Title & Escrow Llc | ||
| $2,000 | None Available | ||
| $8,000 | None Available | ||
| $15,514 | None Available | ||
| -- | -- | ||
| $22,500 | -- | ||
| $19,817 | -- | ||
| $26,500 | -- |
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 | $72,000 | ||
| Previous Owner | $31,500 |
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 |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | Sold | $65,000 | -31.6% | $77 / Sq Ft |
| 04/24/2026 04/24/26 | Pending | -- | -- | -- |
| 02/19/2026 02/19/26 | For Sale | $95,000 | -- | $112 / 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 | $572 | $21,250 | $1,625 | $19,625 |
| 2024 | $711 | $20,975 | $1,275 | $19,700 |
| 2023 | $1,278 | $20,975 | $1,275 | $19,700 |
| 2022 | $1,278 | $20,975 | $1,275 | $19,700 |
| 2021 | $1,293 | $20,975 | $1,275 | $19,700 |
| 2020 | $989 | $13,650 | $1,275 | $12,375 |
| 2019 | $989 | $13,650 | $1,275 | $12,375 |
| 2018 | $332 | $4,575 | $1,275 | $3,300 |
| 2017 | $188 | $4,575 | $1,275 | $3,300 |
| 2016 | $201 | $0 | $0 | $0 |
| 2014 | $287 | $6,575 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Donnie Morrow
Seller's Agent in 2026
Donnie Morrow
eXp Realty, LLC
(901) 359-9698
29 in this area
528 Total Sales
-
Timishia Ortiz
T
Seller Co-Listing Agent in 2026
Timishia Ortiz
eXp Realty, LLC
(901) 505-0756
3 in this area
34 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10214984
APN: 06-9040-0-0005
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.
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
Nearby Homes
- 945 Floyd Ave
- 1002 Creston Ave
- 842 Restbrook Ave
- 827 Par Ave
- 3590 Thomas St
- 1133 Saunders Ave
- 771 Carrolton Ave
- 880 Juliet Ave
- 3236 Millington Rd
- 3296 Madewell St
- 3183 N Thomas St
- 1211 Canfield Ave
- 3480 Shiloh Dr
- 605 Leavert Ave
- 1243 Darm Ave
- 3129 Northgate St
- 3245 Sinclair St
- 596 Burdette Ave
- 3183 Benjestown Rd
- 695 Marsh Ave
Your Personal Tour Guide
Ask me questions while you tour the home.