NOT LISTED FOR SALE

1220 Russwood Rd Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $117,000 - $139,368

2 Beds
1.5 Baths
928 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $140,500 $151 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $703/month

Highlights

  • Traditional Architecture
  • Attic
  • Separate Outdoor Workshop
  • Wood Flooring
  • Den
  • Some Wood Windows

About This Home

As of January 2022

Come home to this cozy Berclair Jewel! This comfortable 2 bed 1.5 bath home has been fully renovated! Updates includes redone kitchen and baths (brand new tile, granite, new tub and toilets and hardware), new wood laminate flooring, fresh 3 coats of exterior and interior paint and MUCH MORE! Home has a large workshop with a brand new roof and an open patio with storage building in the spacious back yard! A must see!

Last Agent to Sell the Property

Derrick Brown

Independence Realty&Investment License #305074 Listed on: 01/09/2022

Last Buyer's Agent

Adam Ghueder

901, REALTORS License #358494

901, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $471

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x151
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Rendale First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053113 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$471

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RENDALE
  • List Price Per Sq Ft: 162
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 928
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Attic Access, Vent Hood/Exhaust Fan
  • Other Rooms: Attic, Storage Room
  • Primary Bathroom Description: Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, On-Site Storage, Wood Fence, Workshop
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 49
  • Acreage: 0.2
  • Lot Size: 60X151

Tax Info

  • Assessor Parcel Number: 053113 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2022
Closed on
Feb 24, 2022
Sold by
Independence Realty And Investments Llc
Bought by
Vannguyen Romeo Van
Seller's Agent
Derrick Brown
Independence Realty&Investment
Buyer's Agent
Adam Ghueder
901, REALTORS
List Price
$154,900
Sold Price
$140,500
Premium/Discount to List
-$14,400
-9.3%
Current Estimated Value
$126,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,158
Avg. Annual Appreciation
-2.79%
Original Mortgage
$126,450
Outstanding Balance
$117,835
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$8,507

Purchase Details

Closed on
Jul 28, 2021
Sold by
Burdick John
Bought by
Independence Realty And Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2008
Sold by
Ordaz Loreto
Bought by
Deutsche Bank Trust Co Americas and Amresco Residential Securities Corp Mort

Purchase Details

Closed on
Oct 28, 1997
Sold by
Blume Gary L and Blume Lillian M
Bought by
Ordaz Loreto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
7.31%

Purchase Details

Closed on
Aug 1, 1996
Sold by
Sisco Danny M and Sisco Rebecca Lynn
Bought by
Blume Gary L and Blume Lillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Vannguyen Romeo Van $140,500 Realty Title
Independence Realty And Investments Llc $48,000 Delta Title Services Llc
Deutsche Bank Trust Co Americas $49,105 None Available
Ordaz Loreto $54,500 --
Blume Gary L $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vannguyen Romeo Van $126,450
Previous Owner Independence Realty And Investments Llc $55,000
Previous Owner Ordaz Loreto $46,400
Previous Owner Blume Gary L $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $140,500 -6.3% $151 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/17/2022 01/17/22 Price Changed $149,900 -3.2% $162 / Sq Ft
01/09/2022 01/09/22 For Sale $154,900 -- $167 / 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 $471 $30,600 $4,125 $26,475
2024 $471 $13,900 $2,375 $11,525
2023 $847 $13,900 $2,375 $11,525
2022 $847 $13,900 $2,375 $11,525
2021 $1,006 $13,900 $2,375 $11,525
2020 $723 $9,975 $2,375 $7,600
2019 $319 $9,975 $2,375 $7,600
2018 $319 $9,975 $2,375 $7,600
2017 $326 $9,975 $2,375 $7,600
2016 $458 $10,475 $0 $0
2014 $458 $10,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Derrick Brown

    Independence Realty&Investment

    Section Image
  • Adam Ghueder

    Buyer's Agent in 2022

    Adam Ghueder

    901, REALTORS

    (901) 325-9832

    8 in this area

    31 Total Sales

    Adam Ghueder
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115365

Memphis Area Association of REALTORS®

APN: 05-3113-0-0013

Tennessee Shelby County Memphis 38122 Berclair

1220 Russwood Rd, Memphis, TN

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