NOT LISTED FOR SALE

Estimated Value: $79,000 - $114,073

4 Beds
1.5 Baths
1,400-1,599 Sq Ft
$58/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $36,000 $23 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $551/month

170 Days on Market

Highlights

  • Traditional Architecture
  • Den with Fireplace
  • 1 Car Detached Garage
  • Separate Formal Living Room
  • Some Wood Windows
  • Porch

About This Home

As of October 2017

Here it is, a single family investment with Lessee's in place already producing a cash flow. This well maintained property is just perfect for an investment or can be ready for the owner occupant. Call for the details and a private inspection.

Last Agent to Sell the Property

Gregory Fleming

Townsend & Fleming, Inc. License #222458 Listed on: 04/17/2017

Last Buyer's Agent

Bert Less

Leco Realty, Inc. License #208330

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 77 x 130
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,638 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Decorative Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Den with Fireplace
  • Attic Access Panel
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bathroom is a Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Jackson Ridge 8Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062056 00042

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752B
  • MAAR Subdivision Name: JACKSON RIDGE 8TH ADD
  • List Price Per Sq Ft: 24
  • Number Of Stories: 1
  • Price Per Sq Ft: 21.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1638
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Decorative Only, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 386
  • Acreage: 0.2
  • Lot Size: 77 x 130
  • Price Per Acre: 192500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 062056 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Oct 30, 2017
Sold by
Rustic Road Properties Llc
Bought by
The Family Trust
Seller's Agent
Gregory Fleming
Townsend & Fleming, Inc.
Buyer's Agent
Bert Less
Leco Realty, Inc.
List Price
$41,000
Sold Price
$36,000
Premium/Discount to List
-$5,000
-12.2%
Current Estimated Value
$93,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,268
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Apr 25, 2008
Sold by
North Richard and North Kathy
Bought by
Rustic Road Properties Llc

Purchase Details

Closed on
Sep 24, 2007
Sold by
Us Bank Na
Bought by
North Richard and North Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2007
Sold by
Smith Derrick
Bought by
Us Bank Na and Mlmi Surf Trust Series 2006-Ab2

Purchase Details

Closed on
Oct 21, 2005
Sold by
Morganfield James
Bought by
Smith Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
9.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2004
Sold by
Union Planters Bank Na
Bought by
Morganfield James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2004
Sold by
Wiggins Melvin
Bought by
Union Planters Bank Na

Purchase Details

Closed on
May 3, 2000
Sold by
Davenport Larry H
Bought by
Wiggins Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
8.3%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Kirsch Joe M
Bought by
Hud
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
The Family Trust $36,000 None Available
Rustic Road Properties Llc -- None Available
North Richard $42,000 Us Land Title Llc
Us Bank Na $49,000 None Available
Smith Derrick $73,000 Assured Escrow & Title
Morganfield James $125,000 --
Union Planters Bank Na $58,125 --
Wiggins Melvin $69,100 --
Hud $65,147 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Richard $37,800
Previous Owner Smith Derrick $65,700
Previous Owner Morganfield James $112,500
Previous Owner Wiggins Melvin $67,000
Previous Owner Davenport Larry H $49,500
Previous Owner Meyer Crit D $500
Closed Smith Derrick $7,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $36,000 -12.2% $26 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $41,000 -- $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 -- $27,175 $2,750 $24,425
2024 $555 $16,375 $1,500 $14,875
2023 $998 $16,375 $1,500 $14,875
2022 $998 $16,375 $1,500 $14,875
2021 $1,009 $16,375 $1,500 $14,875
2020 $844 $11,650 $1,375 $10,275
2019 $844 $11,650 $1,375 $10,275
2018 $844 $11,650 $1,375 $10,275
2017 $479 $11,650 $1,375 $10,275
2016 $599 $13,700 $0 $0
2014 $599 $13,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10000756

Memphis Area Association of REALTORS®

APN: 06-2056-0-0042