See Home Value
$90,000 - $100,000
House - Off Market

2551 DAKAR

Memphis, TN 38127
bedrooms
3 Beds
bathrooms
2 Baths
Sold Dec 22, 2023
$80,000
Sold Mar 09, 2020
$8,000

About This Property

Great opportunity for an investor or owner occupant! Minor TLC needed. Minutes away from the Nike and Amazon factory. Recently painted throughout the interior and exterior. All major utilities are in great working condition. Move in ready.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Dec 22, 2023 No longer available -
No longer available
Nov 7, 2023 In contract -
In contract
Nov 1, 2023 Listed $90,000
Listed
Mar 9, 2020 No longer available -
No longer available
Jan 14, 2020 Listed $8,000
Listed
Investor special...Property in need of repairs. The property may be subject to a 3 or 5 day First Look Period Cash offers require 10% EMD or $1,000 minimum, whichever is greater and all financed offers require 1% EMD or $1,000 minimum, whichever is greater

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,807
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 650
  • Total Building Area: 853
  • Gross Building Area: 853
  • Building Area: 853
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 853
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEGROVE RE
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OF SUNCREST HEIGHTS BLK A SUBDV SWS DAKAR AVE 107.98 FT E OF SUNCREST DR

Ownership

  • Current Owner : MARTINEZ ICO KC
  • Previous Owner : GARCIA JOSE A
  • Owner Before Previous Owner: MORTGAGE EQT CONVERSION ASSET TR 20111
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 23-43
  • District: O
  • Parcel: 07-1056-0-0002
  • Block: A
  • Lot: 171
  • Municipality: MEMPHIS
  • Latitude: 35.2451
  • Longitude: -89.9787

    Address

  • Full Address: 2551 Dakar Ave
  • Address - House Number: 2551
  • Address - Street Name: Dakar
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C096
  • 4-Digit Zip Code: 2808
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $586
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 86,536
  • High Value: 95,968
  • Low Value: 77,105

    Market Valuation

  • Market Total Value: $38,500
  • Market Land Value: $5,000
  • Market Improvement Value: $33,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,625
  • Assessed Land Value: $1,250
  • Assessed Improvements Value: $8,375

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Transaction ID: 11918519530
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 108213
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Mar 06, 2020
  • Previous Sale Amount: $8,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS, INC.
  • First Mortgage Transaction Date: Dec 22, 2023
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$95,000 Jan 30, 2023
-
-

About Frayser - Raleigh PD


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Frequently Asked Questions

When was property at 2551 Dakar Drive built and last sold?
The property at 2551 Dakar Drive was built in 1959 and last sold on Dec 15, 2023 for $80,000.
How much is this home worth?
The estimated value of the home located at 2551 Dakar Drive is $90,900.
What are some comparable homes to 2551 Dakar Drive?
Homes that are comparable to 2551 Dakar Drive include a house property at 2516 Rammesses Avenue, located in Memphis, TN.

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