NOT LISTED FOR SALE

1322 Oak Ridge Dr Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $131,000 - $149,000

3 Beds
1 Bath
1,223 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $31,000 $25 Per Sq Ft

Est. 351% increase in value since last sale

Current estimated payment $825/month

14 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry Room
  • Central Heating and Cooling System
  • Some Wood Windows
  • Storage Room
  • Combination Dining and Living Room

About This Home

As of April 2016

Great buy for investor or first time buyer; needs some TLC but a solid home with carport; fenced yard and large laundry area. Being sold as-is source of funds or commitment letter required with all offers.

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 03/21/2016

Last Buyer's Agent

Barry Less

Leco Realty, Inc. License #281548 Listed on: 03/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Chain Link Fence
  • Few Trees

Interior Spaces

  • 1,223 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Storage Room
  • Iron Doors

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Park Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058135 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 758C
  • MAAR Subdivision Name: PARK ACRES
  • List Price Per Sq Ft: 29
  • Number Of Stories: 1
  • Price Per Sq Ft: 25.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1223
  • Year Built: 1952
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 4
  • Acreage: 0.15
  • Lot Size: 6928SF 50X138IRR
  • Price Per Acre: 232667

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 058135 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2016
Sold by
Long Michael J
Bought by
Otter 1 Ln Llc
Current Estimated Value
$139,733

Purchase Details

Closed on
Sep 30, 2016
Sold by
Mid South Homebuyers Inc
Bought by
Long Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,160
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2016
Closed on
Apr 6, 2016
Sold by
Lpp Mortgage Ltd
Bought by
Mid South Homebuyers Inc
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Barry Less
Leco Realty, Inc.
List Price
$34,900
Sold Price
$31,000
Premium/Discount to List
-$3,900
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%

Purchase Details

Closed on
Feb 3, 2016
Sold by
Hutcheson Timothy L and Hutcheson Wendy A
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Feb 26, 1997
Sold by
Stovall Willie J and Stovall Peggy J
Bought by
Hutcheson Timothy L and Hutcheson Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.9%
Source: Public Records

Range of Values:

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Average Value
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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
Otter 1 Ln Llc -- None Available
Long Michael J $77,700 Saddle Creek Title Llc
Mid South Homebuyers Inc $31,000 None Available
Lpp Mortgage Ltd $28,800 Attorney
Hutcheson Timothy L $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Michael J $62,160
Previous Owner Hutcheson Timothy L $16,937
Previous Owner Hutcheson Timothy L $19,089
Previous Owner Hutcheson Timothy L $53,600
Closed Mid South Homebuyers Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2016 04/13/16 Sold $31,000 -11.2% $25 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $34,900 -- $29 / 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 $725 $32,825 $5,000 $27,825
2024 $725 $21,400 $2,925 $18,475
2023 $1,304 $21,400 $2,925 $18,475
2022 $1,304 $21,400 $2,925 $18,475
2021 $1,319 $21,400 $2,925 $18,475
2020 $1,197 $16,525 $2,675 $13,850
2019 $1,197 $16,525 $2,675 $13,850
2018 $1,197 $16,525 $2,675 $13,850
2017 $679 $16,525 $2,675 $13,850
2016 $710 $16,250 $0 $0
2014 $710 $16,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Less

    Seller's Agent in 2016

    Barry Less

    Leco Realty, Inc.

    (901) 461-0046

    3 in this area

    151 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9973176

Memphis Area Association of REALTORS®

APN: 05-8135-0-0012

Tennessee Shelby County Memphis 38111 Audubon Park

1322 Oak Ridge Dr, Memphis, TN

This home is located at 1322 Oak Ridge Dr, Memphis, TN 38111 since 21 March 2016 and is currently estimated at $141,325, approximately $115 per square foot. This property was built in 1952. 1322 Oak Ridge Dr is a home located in Shelby County with nearby schools including South Park Elementary School, Colonial Middle, and Overton High.

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