NOT LISTED FOR SALE

1649 Ranmar Dr Cordova, TN 38016

Cordova Neighborhood

Estimated Value: $215,908 - $219,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $225,000 $161 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,264/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Tile Flooring
  • Traditional Architecture
  • Den
  • Central Heating and Cooling System

About This Home

As of September 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1,750 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 08/22/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1991

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 49x95
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,374 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Dexter Ridge Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096507 A00120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,371

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793D
  • MAAR Subdivision Name: DEXTER RIDGE
  • List Price Per Sq Ft: 164
  • Number Of Stories: 1
  • Price Per Sq Ft: 163.76
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1374
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 120
  • Acreage: 0.1
  • Lot Size: 49X95
  • Price Per Acre: 2250000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096507 A00120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Osprey Capital Llc
Bought by
Sinclair Matthew
Current Estimated Value
$216,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,300
Outstanding Balance
$158,938
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$62,427

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 22, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Osprey Capital Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Original Mortgage
$157,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 22, 2022
Closed on
Aug 12, 2022
Sold by
Ammons Amy E
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.3%
Mortgage Type
Construction
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
Sinclair Matthew -- Foundation Title
Osprey Capital Llc $225,000 Delta Title Services
Memphis Investment Properties Iii Llc $130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinclair Matthew $160,300
Previous Owner Memphis Investment Properties Iii Llc $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $225,000 0.0% $188 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $225,000 -- $188 / 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 $1,371 $56,425 $10,575 $45,850
2024 $1,371 $40,450 $5,975 $34,475
2023 $2,464 $40,450 $5,975 $34,475
2022 $2,464 $40,450 $5,975 $34,475
2021 $1,097 $40,450 $5,975 $34,475
2020 $814 $25,475 $5,700 $19,775
2019 $814 $25,475 $5,700 $19,775
2018 $814 $25,475 $5,700 $19,775
2017 $833 $25,475 $5,700 $19,775
2016 $1,017 $23,275 $0 $0
2014 $1,017 $23,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    12 in this area

    416 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    14 in this area

    433 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10131900

Memphis Area Association of REALTORS®

APN: 09-6507-A0-0120

Tennessee Shelby County Cordova 38016 Cordova

1649 Ranmar Dr, Cordova, TN

This home is located at 1649 Ranmar Dr, Cordova, TN 38016 since 22 August 2022 and is currently estimated at $216,977, approximately $155 per square foot. This property was built in 1991. 1649 Ranmar Dr is a home located in Shelby County with nearby schools including Riverwood Elementary School, Cordova High School, and Cordova Middle School.

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