$72,417
SOLD JUL 1, 2026

994 Joel Ave Memphis, TN 38127

Frayser Neighborhood
3 Beds
1 Bath
800-999 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: July 1, 2026

$72 Per Sq Ft

17% Below List Price

357 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Some Wood Windows
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2026

Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 6/30/25

Last Agent to Sell the Property

Caleb Hall

Keller Williams License #331554 Listed on: 06/27/2025

Keller Williams

Last Buyer's Agent

Caleb Hall

Keller Williams License #331554 Listed on: 06/27/2025

Keller Williams

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 70x200
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 800-999 Sq Ft Home
  • 875 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Patricia Heights Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069038 00024

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.32 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PATRICIA HEIGHTS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 875
  • Year Built: 1950
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 800-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 1

Exterior Features

  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 3
  • Acreage: 0.32
  • Lot Size: 70X200
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 069038 00024

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

Closed on
Jul 22, 2021
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
$641,800,000
Outstanding Balance
$571,157,038
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
-$571,075,015

Purchase Details

Closed on
Nov 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 1985
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Frayser, TN

  • Africa McCloy Real Estate Agent - Crye-Leike, Inc., REALTORS

    Africa McCloy

    Crye-Leike, Inc., REALTORS

    (901) 350-2528

    131 Total Sales

    9 in Frayser

    $28K - $155K Price Range

    Africa McCloy
     Section Image
  • Caleb Hall Real Estate Agent - Keller Williams

    Caleb Hall

    Keller Williams

    (901) 295-3396

    200 Total Sales

    58 in Frayser

    $35K - $148K Price Range

    Caleb Hall
     Section Image
  • Tony Jackson Real Estate Agent - Weichert REALTOR-SPM

    Tony Jackson

    Weichert REALTOR-SPM

    (901) 422-9218

    85 Total Sales

    5 in Frayser

    $95K - $210K Price Range

    Tony Jackson
     Section Image
  • Ronald Sandefer Real Estate Agent - Emmett Baird Realty, LLC

    Ronald Sandefer

    Emmett Baird Realty, LLC

    (901) 763-6886

    114 Total Sales

    2 in Frayser

    $48K - $70K Price Range

    Ronald Sandefer
     Section Image
  • Nicole Sykes Real Estate Agent - The Home Partners Realty

    Nicole Sykes

    The Home Partners Realty

    (901) 422-8149

    25 Total Sales

    2 in Frayser

    $62K - $183K Price Range

    Nicole Sykes
     Section Image
  • Khary Goodwin Real Estate Agent - eXp Realty, LLC

    Khary Goodwin

    eXp Realty, LLC

    (901) 519-3645

    19 Total Sales

    1 in Frayser

    $205,000 Price

    Khary Goodwin
     Section Image
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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 Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Title Of O
Interfamily Deed Transfer -- None Available
Warranty Deed $6,000 None Available
Quit Claim Deed -- Multiple
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 Loan Amount Loan Type
Open $641,800,000 Commercial
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
07/01/2026 07/01/26 Sold $72,417 -15.8% $91 / Sq Ft
04/02/2026 04/02/26 Price Changed $86,000 -1.1% $108 / Sq Ft
06/27/2025 06/27/25 For Sale $87,000 -- $109 / 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 $327 $12,150 $1,625 $10,525
2024 $255 $7,525 $1,275 $6,250
2023 $458 $7,525 $1,275 $6,250
2022 $466 $7,650 $1,275 $6,375
2021 $471 $7,650 $1,275 $6,375
2020 $379 $5,225 $1,275 $3,950
2019 $379 $5,225 $1,275 $3,950
2018 $379 $5,225 $1,275 $3,950
2017 $215 $5,225 $1,275 $3,950
2016 $270 $6,175 $0 $0
2014 $270 $6,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Hall Real Estate Agent - Keller Williams

    Seller's Agent in 2026

    Caleb Hall

    Keller Williams

    (901) 550-9021

    58 in this area

    200 Total Sales

    Caleb Hall
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10200050

Memphis Area Association of REALTORS®

APN: 06-9038-0-0024

Tennessee Shelby County Memphis 38127 Frayser

994 Joel Ave, Memphis, TN

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.

Memphis Area Association of REALTORS® 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.

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