NOT LISTED FOR SALE

162 S Main St Ripley, TN 38063

Estimated Value: $378,000 - $505,000

5 Beds
3.5 Baths
4,500-4,999 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $290,000 $58 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,451/month

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Deck

About This Home

As of May 2016

Magnificently restored/renovated 1908 mansion. Boasts 5 large bedrooms (4 upstairs/master downstairs), 3.5 baths. Finished basement with workshop. The lawn is self sufficient with a timed watering system. Custom iron fence. More details: granite countertops, oversize custom vanities, Italian marble, mahogany pocket doors, 3" plantation shutters (a 60k value), stainless appliances, wine cooler, 6 burner gas/elec stove, custom cabinets, shed, fenced play area, expansive foyer plus SO MUCH more!

Last Agent to Sell the Property

Pamela Worley

Unique Properties License #316672 Listed on: 03/03/2014

Last Buyer's Agent

Pamela Worley

Unique Properties License #316672 Listed on: 03/03/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 1908

Lot Details

  • Wrought Iron Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 5,004 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 7 Fireplaces
  • Dining Room
  • Den
  • Bonus Room with Fireplace
  • Sun or Florida Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 162SMAINST691R

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,237

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 691R
  • Freestanding: Yes
  • List Price Per Sq Ft: 60
  • Number Of Stories: 3
  • Price Per Sq Ft: 57.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5004
  • Termite Contract: Yes
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Sun Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: Primary Down, Two Primaries, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 5 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room, In Primary Bedroom, In Other Room
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 7
  • Other Rooms: Laundry Room, Sun Room, Finished Basement, Entry Hall
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Deck
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s)
  • Foundation: Full Basement
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Iron Fenced
  • Lot Size: .20

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: 162SMAINST691R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 24, 2016
Sold by
Lague Paul
Bought by
Lowry Steven C and Lowry Rachael E
Seller's Agent
Pamela Worley
Unique Properties
Buyer's Agent
Pamela Worley
Unique Properties
List Price
$349,900
Sold Price
$290,000
Premium/Discount to List
-$59,900
-17.12%
Current Estimated Value
$431,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,887
Avg. Annual Appreciation
4.32%
Original Mortgage
$350,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2012
Sold by
Lague Paul
Bought by
Lague Paul and Lague Elizabeth Pugh

Purchase Details

Closed on
Mar 25, 1983
Bought by
Chipman Freddie and Chipman Charlotte

Purchase Details

Closed on
Dec 12, 1978
Source: Public Records

Range of Values:

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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
Lowry Steven C $290,000 --
Lague Paul -- --
Chipman Freddie -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lowry Steven C $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $290,000 -17.1% $64 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
03/03/2014 03/03/14 For Sale $349,900 -- $78 / 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 $2,237 $88,025 $0 $0
2024 $2,237 $88,075 $2,000 $86,075
2023 $2,202 $88,075 $2,000 $86,075
2022 $2,202 $88,075 $2,000 $86,075
2021 $4,249 $88,075 $2,000 $86,075
2020 $3,927 $88,075 $2,000 $86,075
2019 $3,586 $71,350 $2,375 $68,975
2018 $2,077 $70,300 $2,375 $67,925
2017 $3,769 $70,125 $2,125 $68,000
2016 $3,195 $70,125 $2,125 $68,000
2015 $3,280 $61,875 $2,125 $59,750
2014 $1,945 $67,075 $2,125 $64,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3291671

Memphis Area Association of REALTORS®

APN: 095A-C-006.00