NOT LISTED FOR SALE

256 Luther Ingle Rd Ramer, TN 38367

Estimated Value: $180,000 - $300,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $108,500 $68 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,254/month

Highlights

  • Lake On Lot
  • Separate Formal Living Room
  • Porch
  • Traditional Architecture
  • Sun or Florida Room
  • 1 Car Attached Garage

About This Home

As of December 2017

Check out this 3 bedroom, 2 bath home! This home features new wood laminate flooring, renovated bathroom with tiled surround and deep tub, island with breakfast bar, large sunroom/den overlooking the pond, carport, and storage building all sitting on 4.25 acres.

Last Listed By

Brooke Redmon Benton

Action Realty License #301391 Listed on: 11/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1990

Lot Details

  • 4.25 Acre Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,572 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Separate Formal Living Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Lake On Lot
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 6950
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1572
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Shared Bath, Level 1
  • Bedroom 3 Description: Shared Bath, Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Island In Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room, Sun Room, Entry Hall
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Storage Building, Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property
  • Acreage: 4.25
  • Lot Size: 4.25
  • Price Per Acre: 25859

Multi Family

  • Number Of Rooms: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
Dec 21, 2017
Sold by
Shea Michael P
Bought by
Steele William Jonathan
Seller's Agent
Brooke Redmon Benton
Action Realty
Buyer's Agent
Brooke Redmon Benton
Action Realty
List Price
$109,900
Sold Price
$108,500
Premium/Discount to List
-$1,400
-1.27%
Total Days on Market
0
Current Estimated Value
$218,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,523
Avg. Annual Appreciation
9.92%
Original Mortgage
$109,595
Outstanding Balance
$93,508
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$124,515

Purchase Details

Closed on
Mar 7, 2016
Sold by
Shea Joye L
Bought by
Shea Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,265
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2008
Sold by
Shea Charles P
Bought by
Shea Joye L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.62%

Purchase Details

Closed on
Nov 16, 1999
Sold by
Patrick Shea Charles
Bought by
Shea Charles P

Purchase Details

Closed on
Feb 9, 1998
Sold by
Patrick Shea Charles
Bought by
Shea Charles M

Purchase Details

Closed on
Feb 23, 1990
Bought by
Shea Charles Patrick and Shea Linda Jo

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
Steele William Jonathan $108,500 --
Shea Michael P $82,400 --
Shea Joye L $70,000 --
Shea Charles P -- --
Shea Charles M $10,000 --
Shea Charles Patrick $3,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele William Jonathan $30,000
Open Steele William Jonathan $109,595
Previous Owner Shea Michael P $71,265
Previous Owner Joye Shea $60,000
Previous Owner Patrick Shea Charles $46,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $108,500 -1.3% $78 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $109,900 -- $79 / 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 $550 $34,900 $3,100 $31,800
2023 $550 $34,900 $3,100 $31,800
2022 $550 $34,900 $3,100 $31,800
2021 $523 $25,550 $2,625 $22,925
2020 $523 $25,550 $2,625 $22,925
2019 $447 $21,850 $2,625 $19,225
2018 $447 $21,850 $2,625 $19,225
2017 $447 $21,850 $2,625 $19,225
2016 $438 $21,850 $2,625 $19,225
2015 $457 $21,850 $2,625 $19,225
2014 $470 $22,500 $2,800 $19,700
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10015142

Memphis Area Association of REALTORS®

APN: 129-011.01