NOT LISTED FOR SALE

2320 Ridgeway Rd Unit 5 Memphis, TN 38119

Balmoral Neighborhood

Estimated Value: $129,000 - $274,000

2 Beds
2.5 Baths
1,400-1,599 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $65,000 $41 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,018/month

5 Days on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Carpet
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of December 2018

Great Investment property or a first starter home. This is a quaint Townhome which is remarkably quiet on the inside. It is move in ready. Property is sold "as-is. This 1,480 square foot townhouse sits on a 3,629 square foot lot and features 2 bedrooms and 2.5 bathrooms. This property was built in 1980. Nearby schools include Westminster Academy, Ridgeway High School and Bowie Reading And Learning Center.

Last Agent to Sell the Property

Frederick McGuffin

Weichert REALTOR-SPM License #336657 Listed on: 11/26/2018

Co-Listed By

Albert Ticer

Emmett Baird Realty, LLC License #310947

Last Buyer's Agent

Debbie Holden

Agner & Associates, LLC License #260678

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $800

Year Built

  • Built in 1980

Lot Details

  • 4,356 Sq Ft Lot
  • End Unit

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,571 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $215 Maintenance Fee
  • Quince Ridgeway Town Community
  • Quince Ridgeway Rd Subdivision
  • Property managed by Wright Property Mgt

Listing and Financial Details

  • Assessor Parcel Number 081035 A00005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$800

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 783G
  • MAAR Subdivision Name: QUINCE-RIDGEWAY TOWNHOMES
  • Condo: Yes
  • List Price Per Sq Ft: 44
  • Number Of Stories: 2
  • Price Per Sq Ft: 41.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1571
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Kitchen
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Utilities

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

Association/Amenities

  • Condominium Association: Yes
  • Condominium Name: Quince Ridgeway Town
  • Management Company: Wright Property Mgt

Fee Information

  • Monthly Maintenance Fee: 215

Lot Info

  • Lot Number: UNIT 5
  • Acreage: 0.1
  • Price Per Acre: 690000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081035 A00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 13, 2018
Sold by
Biggersmith Mary Catherine and Smith Marcus G
Bought by
Herring Tom
Seller's Agent
Frederick McGuffin
Weichert REALTOR-SPM
Buyer's Agent
Debbie Holden
Agner & Associates, LLC
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Total Days on Market
5
Current Estimated Value
$179,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,075
Avg. Annual Appreciation
16.84%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Majkrzak Mary Ann
Bought by
Bigger Smith Mary Catherine

Purchase Details

Closed on
Dec 31, 1996
Sold by
Godwin Frederick H and Godwin Deborah G
Bought by
Majkrzak Mary A and Bigger Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,290
Interest Rate
7.53%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Herring Tom $65,000 Saddle Creek Title Llc
Bigger Smith Mary Catherine -- Lenders Title & Escrow Llc
Majkrzak Mary A $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majkrzak Mary A $74,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $65,000 -5.8% $46 / Sq Ft
11/26/2018 11/26/18 For Sale $69,000 -- $49 / 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 $800 $32,600 $2,725 $29,875
2024 $800 $23,600 $2,725 $20,875
2023 $1,438 $23,600 $2,725 $20,875
2022 $1,438 $23,600 $2,725 $20,875
2021 $1,709 $23,600 $2,725 $20,875
2020 $1,534 $21,175 $2,725 $18,450
2019 $677 $21,175 $2,725 $18,450
2018 $677 $21,175 $2,725 $18,450
2017 $693 $21,175 $2,725 $18,450
2016 $953 $21,800 $0 $0
2014 $953 $21,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Frederick McGuffin

    Weichert REALTOR-SPM

  • Albert Ticer

    Seller Co-Listing Agent in 2018

    Albert Ticer

    Emmett Baird Realty, LLC

    Section Image

  • D

    Buyer's Agent in 2018

    Debbie Holden

    Agner & Associates, LLC

    (901) 674-3148

    58 Total Sales

    Debbie Holden
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10041314

Memphis Area Association of REALTORS®

APN: 08-1035-A0-0005

Tennessee Shelby County Memphis 38119 Balmoral

2320 Ridgeway Rd Unit 5, Memphis, TN

This home is located at 2320 Ridgeway Rd Unit 5, Memphis, TN 38119 since 26 November 2018 and is currently estimated at $179,075, approximately $111 per square foot. This property was built in 1980. 2320 Ridgeway Rd Unit 5 is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and Ridgeway High School.

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