NOT LISTED FOR SALE

Estimated Value: $113,000 - $172,000

2 Beds
1 Bath
3,039 Sq Ft
$47/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $40,000 $13 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $843/month

Highlights

  • Traditional Architecture
  • Step Saver Kitchen Design
  • Storm Windows
  • Wood Flooring
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2012

DUPLEX - DRASTIC REDUCTION!!! Great Money Making Investment!! Larger Unit has 4 BR with 2 1/2 BA!! Smaller Side has 2 BRs!! Fenced Yard!! Property has been WELL CARED for by owners!!

Last Agent to Sell the Property

Jim Norman

Keller Williams License #202970 Listed on: 08/02/2011

Keller Williams

Last Buyer's Agent

Jim Norman

Keller Williams License #202970 Listed on: 08/02/2011

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1956

Lot Details

  • Chain Link Fence
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 3,039 Sq Ft Home
  • 1.2-Story Property
  • Window Treatments
  • Storm Windows

Kitchen

  • Step Saver Kitchen Design
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Ridgecrest First Addition Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, gas, water/sewer
  • Assessor Parcel Number 070015 00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,181

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1415
  • MLS Map #: 726C
  • MAAR Subdivision Name: RIDGECREST 1ST ADD
  • Freestanding: Yes
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 13.16
  • Estimated Sq Ft: 3039
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Wall to Wall Carpet, Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Dishwasher
  • Estimated Entire Duplex Sq Ft: Not Available
  • Miscellaneous Interior: All Window Treatments

Exterior Features

  • Exterior Windows: Brick Veneer, Storm Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 3
  • Lot Size: 155/94.69 X 134/126.03

Rental Info

  • Tenants Pay: All Utilities, Gas, Water/Sewer
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 070015 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2011
Closed on
May 3, 2012
Sold by
Miller Wilma W and Miller Virginia E
Bought by
Jolly Jonitha
Seller's Agent
Jim Norman
Keller Williams
Buyer's Agent
Jim Norman
Keller Williams
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Current Estimated Value
$142,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,049
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Jul 16, 2004
Sold by
Vanlandingham Edna and Saine Edna
Bought by
Miller Wilma M and Hadley Virginia E
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Jolly Jonitha $40,000 None Available
Miller Wilma M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2012 05/03/12 Sold $40,000 -27.3% $13 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
08/02/2011 08/02/11 For Sale $55,000 -- $18 / 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 $1,181 $53,920 $3,120 $50,800
2024 $1,181 $34,840 $2,560 $32,280
2023 $2,122 $34,840 $2,560 $32,280
2022 $2,122 $34,840 $2,560 $32,280
2021 $2,147 $34,840 $2,560 $32,280
2020 $2,371 $32,720 $2,560 $30,160
2019 $2,371 $32,720 $2,560 $30,160
2018 $2,371 $32,720 $2,560 $30,160
2017 $1,345 $32,720 $2,560 $30,160
2016 $1,540 $35,240 $0 $0
2014 $1,540 $35,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3230012

Memphis Area Association of REALTORS®

APN: 07-0015-0-0013