NOT LISTED FOR SALE

131 Sinclair Cir Ripley, TN 38063

Ripley Area

Estimated Value: $88,712 - $118,000

2 Beds
1 Bath
1,856 Sq Ft
$55/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2020

Last sale price $28,000 $15 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $596 / mo

135 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 2 Car Attached Garage
  • Wood Flooring
  • Porch
  • Eat-In Kitchen

About This Home

As of February 2020

Twice the income potential at an affordable price! Live in one side and rent the other or rent both out for maximum profits! Original hardwood floors in both units! 2 bedrooms & 1 bath on each side with a covered shared carport, large living rooms, eat in kitchens, some appliances convey. Located in town, right off of Lake Drive on a low traffic dead end cove. Being sold as-is but is in overall good condition for it's age. Advance notice for showings: tenant occupied, do not disturb tenant.

Last Agent to Sell the Property

Pamela Worley

Unique Properties License #316672 Listed on: 09/04/2019

Last Buyer's Agent

Steve Worley

Unique Properties License #347983

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 9,583 Sq Ft Lot
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Pull Down Stairs to Attic
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Car Attached Garage
  • Carport
  • Rear-Facing Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Community Details

  • See Deed Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 076P D 033.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: See Deed
  • Freestanding: Yes
  • List Price Per Sq Ft: 22
  • Number Of Stories: 1
  • Estimated Sq Ft: 1856
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Estimated Entire Duplex Sq Ft: 1800-1999
  • Miscellaneous Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Cable Available

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding, Wood Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking: Driveway/Pad, Back-Load Garage

Utilities

  • Cooling: Central Cooling, 2+ Window Units per Unit
  • Heating: Central, Gas, Wall Heat
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees
  • Acreage: 0.22
  • Lot Size: 80x118 irr

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 076P D 033.00

Multi Family

  • Perc Occ: 50

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
Sep 4, 2019
Closed on
Feb 24, 2020
Sold by
Bought by
Seller's Agent
Pamela Worley
Unique Properties
Buyer's Agent
Steve Worley
Unique Properties
List Price
$50,000
Sold Price
$28,000
Premium/Discount to List
-$22,000
-44%
Current Estimated Value
$101,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,237
Avg. Annual Appreciation
22.09%
Original Mortgage
$30,310
Interest Rate
0.036%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 18, 2012
Closed on
Sep 10, 2012
Sold by
Bought by
Seller's Agent
Randy Lankford
Lankford Realty Co.
Buyer's Agent
Pamela Worley
Unique Properties
List Price
$49,500
Sold Price
$35,000
Premium/Discount to List
-$14,500
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.95%

Purchase Details

Closed on
Aug 25, 1972
Bought by
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

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
$28,000 --
$35,000 --
-- --
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 $30,310
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 Prior Sale
02/24/2020 02/24/20 Sold $28,000 -30.0% $15 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
11/21/2019 11/21/19 Price Changed $40,000 -20.0% $22 / Sq Ft
09/09/2019 09/09/19 For Sale $50,000 0.0% $27 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $50,000 +42.9% $27 / Sq Ft
09/10/2012 09/10/12 Sold $35,000 -29.3% $19 / Sq Ft View Prior Sale
08/20/2012 08/20/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $49,500 -- $27 / 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 $544 $21,440 $2,200 $19,240
2024 $544 $21,440 $2,200 $19,240
2023 $1,080 $21,440 $2,200 $19,240
2022 $1,048 $20,800 $2,200 $18,600
2021 $1,003 $20,800 $2,200 $18,600
2020 $1,077 $20,800 $2,200 $18,600
2019 $522 $19,560 $2,000 $17,560
2018 $522 $9,475 $1,250 $8,225
2017 $509 $9,475 $1,250 $8,225
2016 $490 $9,475 $1,250 $8,225
2015 $474 $9,475 $1,250 $8,225
2014 $281 $9,700 $1,250 $8,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10061151

Memphis Area Association of REALTORS®

APN: 076P-D-033.00

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