NOT LISTED FOR SALE

2326 Ridgeway Rd Unit 8 Memphis, TN 38119

Balmoral Neighborhood

Estimated Value: $145,000 - $254,000

3 Beds
2.5 Baths
1,776 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $87,000 $49 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,020/month

105 Days on Market

Highlights

  • 1.22 Acre Lot
  • 1 Fireplace
  • Carpet
  • Traditional Architecture
  • Central Air
  • Heating Available

About This Home

As of June 2017

This condo is in Immaculate condition and you can move right into this fabulous home.!! It has new carpet and paint Updated Kitchen and 3 large bedrooms. This home is absolutely perfect.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 1980

Lot Details

  • 1.22 Acre Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Parking Pad
  • Parking Lot

Utilities

  • Central Air
  • Heating Available

Community Details

  • Qunice Ridgeway Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081035 A00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,819

Year Built

Built in 1980

Lot Details

1.22 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 1980
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad, Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1.22
  • Lot Size: 1.22
  • Lot Size Units: Acres
  • Parcel #: 081035 A00008
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1819

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Jun 15, 2017
Sold by
Soso Jordanna
Bought by
Herring Thomas E
List Price
$105,000
Sold Price
$87,000
Premium/Discount to List
-$18,000
-17.14%
Current Estimated Value
$183,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,516
Avg. Annual Appreciation
8.93%
Original Mortgage
$73,950
Outstanding Balance
$61,215
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$122,301

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jan 13, 2015
Sold by
The Secretary Of Veterans Affairs
Bought by
Soso Jordanna
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
CeCe Glenn
KAIZEN Realty, LLC
List Price
$65,900
Sold Price
$44,000
Premium/Discount to List
-$21,900
-33.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.49%

Purchase Details

Closed on
Jun 11, 2014
Sold by
Jones Natasha Ora
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Dec 30, 2009
Sold by
Bailey Douglas
Bought by
Jones Natasha Ora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,875
Interest Rate
4.75%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 1998
Sold by
Maxwell Hugh C and Maxwell Charrel H
Bought by
Bailey Douglas

Purchase Details

Closed on
Apr 26, 1996
Bought by
Allen William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
7.77%
Source: Public Records
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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 Thomas E $87,000 Home Surety Title & Escrow L
Soso Jordanna $44,000 None Available
The Secretary Of Veterans Affairs $68,000 None Available
Jones Natasha Ora $91,900 None Available
Bailey Douglas $86,000 --
Bailey Douglas $86,000 --
Allen William C $83,000 --
Maxwell Hugh C $83,000 Stewart Title Company
Maxwell Hugh C $83,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herring Thomas E $73,950
Previous Owner Jones Natasha Ora $93,875
Previous Owner Maxwell Hugh C $66,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2017 06/15/17 Sold $87,000 -17.1% $49 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $105,000 0.0% $59 / Sq Ft
06/27/2015 06/27/15 Rented $1,000 -9.1% --
06/27/2015 06/27/15 Under Contract -- -- --
05/27/2015 05/27/15 For Rent $1,100 0.0% --
02/06/2015 02/06/15 Sold $44,000 -33.2% $28 / Sq Ft View Prior Sale
01/05/2015 01/05/15 Pending -- -- --
09/25/2014 09/25/14 For Sale $65,900 -- $41 / Sq Ft
Source: Realtracs

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 $911 $37,125 $3,175 $33,950
2024 $911 $26,875 $3,175 $23,700
2023 $1,637 $26,875 $3,175 $23,700
2022 $1,637 $26,875 $3,175 $23,700
2021 $1,656 $26,875 $3,175 $23,700
2020 $1,743 $24,050 $3,175 $20,875
2019 $1,743 $24,050 $3,175 $20,875
2018 $1,743 $24,050 $3,175 $20,875
2017 $988 $24,050 $3,175 $20,875
2016 $1,023 $23,400 $0 $0
2014 $1,023 $23,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3029114

Realtracs

APN: 08-1035-A0-0008

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