NOT LISTED FOR SALE

2505 Richwood St Memphis, TN 38134

Estimated Value: $219,000 - $234,044

4 Beds
2 Baths
2,001 Sq Ft
$113/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $63,251 $32 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,298/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Porch
  • Main Floor Primary Bedroom
  • Some Wood Windows
  • 2 Car Attached Garage

About This Home

As of February 2014

Nice home with finished 4th bedroom or bonus room up; being sold as-is; source of funds required with all offers; property will not qualify for FHA financing in current condition.

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 01/29/2014

Last Buyer's Agent

Janet Lee

Crye-Leike, Inc., REALTORS License #314615

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,001 Sq Ft Home
  • 1.1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Aluminum Window Frames
  • Dining Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Bartlett Meadows 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088028 00011

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 735B
  • MAAR Subdivision Name: BARTLETT MEADOWS 1ST ADD
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 31.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2001
  • Year Built: 1974
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood Window(s), Aluminum Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 252
  • Acreage: 0.26
  • Lot Size: 88 X 131.47/130.58

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 088028 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2014
Sold by
Owens Consulting Group Inc
Bought by
Shimizu Kazuhiro
Current Estimated Value
$227,011

Purchase Details

Listed on
Jan 29, 2014
Closed on
Feb 18, 2014
Sold by
Deutsche Bank National Trust Co
Bought by
Owens Consulting Group Inc
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Janet Lee
Crye-Leike, Inc., REALTORS
List Price
$57,000
Sold Price
$63,251
Premium/Discount to List
$6,251
10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$84,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jan 13, 2014
Sold by
Miles Michael
Bought by
Deutsche Bank National Trust Company
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Janet Lee
Crye-Leike, Inc., REALTORS
List Price
$57,000
Sold Price
$63,251
Premium/Discount to List
$6,251
10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2006
Sold by
Hollins Christopher
Bought by
Miles Hollins Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2006
Sold by
Miles Hollins Sandra
Bought by
Miles Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 28, 1997
Sold by
Prescott William Douglas and Prescott Susannah S
Bought by
Miles Hollins Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,959
Interest Rate
7.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shimizu Kazuhiro $115,000 None Available
Owens Consulting Group Inc $63,251 None Available
Deutsche Bank National Trust Company $82,459 None Available
Miles Hollins Sandra -- American Title Company Inc
Miles Michael $135,000 American Title Company Inc
Miles Hollins Sandra $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owens Consulting Group Inc $84,000
Previous Owner Miles Michael $108,000
Previous Owner Miles Hollins Sandra $79,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $63,251 +11.0% $32 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $57,000 -- $28 / 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 -- $57,575 $11,250 $46,325
2024 $1,300 $38,350 $4,225 $34,125
2023 $2,336 $38,350 $4,225 $34,125
2022 $2,336 $38,350 $4,225 $34,125
2021 $2,364 $38,350 $4,225 $34,125
2020 $1,967 $27,150 $4,225 $22,925
2019 $1,967 $27,150 $4,225 $22,925
2018 $1,967 $27,150 $4,225 $22,925
2017 $1,116 $27,150 $4,225 $22,925
2016 $1,094 $25,025 $0 $0
2014 $940 $21,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Less

    Seller's Agent in 2014

    Barry Less

    Leco Realty, Inc.

    (901) 461-0046

    12 in this area

    151 Total Sales

    Barry Less
    Section Image

  • J

    Buyer's Agent in 2014

    Janet Lee

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3289632

Memphis Area Association of REALTORS®

APN: 08-8028-0-0011

Tennessee Shelby County Memphis 38134

2505 Richwood St, Memphis, TN

This home is located at 2505 Richwood St, Memphis, TN 38134 since 29 January 2014 and is currently estimated at $227,011, approximately $113 per square foot. This property was built in 1974. 2505 Richwood St is a home located in Shelby County with nearby schools including Raleigh-Bartlett Meadows School, Craigmont Middle School, and Craigmont High School.

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