$82,000
SOLD JAN 24, 2025

2250 Chisholm Lake Rd Ripley, TN 38063

2 Beds
1 Bath
840 Sq Ft
12 Acres

Recently Sold

$98 Per Sq Ft

57% Below List Price

174 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Separate Outdoor Workshop
  • Central Heating and Cooling System

About This Home

As of January 2025

2 +- acres nestled in the heart of the Central community, this property offers the perfect opportunity for renewal and rural living. Bring your projects & tools to the 25x25 shop with convenient roll-up door, 2 car carport. Create a charming lifestyle in this 2 bed 1 bath with large living room, eat in kitchen, ready for designing touches.

Last Agent to Sell the Property

Sarah Webb

Epique Realty License #340207 Listed on: 06/29/2024

Last Buyer's Agent

Sarah Webb

Epique Realty License #340207 Listed on: 06/29/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $416

Year Built

  • Built in 1945

Lot Details

  • 12 Acre Lot
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 059 036.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$416

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 691
  • Number Of Stories: 1
  • Price Per Sq Ft: 97.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 840
  • Year Built: 1945
  • List Price/ Sq Ft: 98
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999 (Retired - Do Not Use)
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Workshop
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Corner
  • Acreage: 12
  • Lot Size: 2 acres
  • Price Per Acre: 6833
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 059 036.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Jan 24, 2025
Sold by
Childress Pennie Craig and Price Susan Shield
Bought by
Leggett Joseph D
Seller's Agent
Sarah Webb
Epique Realty
Buyer's Agent
Sarah Webb
Epique Realty
List Price
$190,000
Sold Price
$82,000
Premium/Discount to List
-$108,000
-56.84%
Views
248
Current Estimated Value
$87,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,224
Avg. Annual Appreciation
8.83%
Original Mortgage
$42,355
Outstanding Balance
$42,355
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$44,869
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $82,000 None Listed On Document
Warranty Deed $82,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,355 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2025 01/24/25 Sold $82,000 0.0% $98 / Sq Ft
12/27/2024 12/27/24 Price Changed $82,000 -52.5% $98 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
10/05/2024 10/05/24 Price Changed $172,500 -2.5% $205 / Sq Ft
09/18/2024 09/18/24 Price Changed $177,000 -1.7% $211 / Sq Ft
08/11/2024 08/11/24 Price Changed $180,000 -5.3% $214 / Sq Ft
06/29/2024 06/29/24 For Sale $190,000 -- $226 / 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
2024 $416 $16,375 $9,325 $7,050
2023 $416 $16,375 $9,325 $7,050
2022 $416 $16,375 $9,325 $7,050
2021 $416 $16,375 $9,325 $7,050
2020 $382 $16,375 $9,325 $7,050
2019 $382 $12,925 $7,175 $5,750
2018 $382 $12,925 $7,175 $5,750
2017 $384 $12,925 $7,175 $5,750
2016 $384 $12,925 $7,175 $5,750
2015 $379 $12,925 $7,175 $5,750
2014 $379 $13,075 $6,900 $6,175
Source: Public Records

Agents Affiliated with this Home

  • Sarah Webb

    Seller's Agent in 2025

    Sarah Webb

    Epique Realty

    (731) 612-7007

    86 Total Sales

    Sarah Webb
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10175878

Memphis Area Association of REALTORS®

APN: 059-036.00

Tennessee Lauderdale County Ripley 38063

2250 Chisholm Lake Rd, Ripley, TN

This home is located at 2250 Chisholm Lake Rd, Ripley, TN 38063 and is currently priced at $82,000, approximately $97 per square foot. This property was built in 1945. 2250 Chisholm Lake Rd is a home located in Lauderdale County with nearby schools including Ripley Primary School, Ripley Elementary School, and Ripley Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes