NOT LISTED FOR SALE

2795 Ridgeview Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $101,000 - $129,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $103,500 $86 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $679/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of October 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $800 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 08/25/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1967

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x126
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,041 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Brookmeade Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072104 B00071

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725F
  • MAAR Subdivision Name: BROOKMEADE ESTATES
  • List Price Per Sq Ft: 99
  • Number Of Stories: 1
  • Price Per Sq Ft: 99.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1041
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 254
  • Acreage: 0.2
  • Lot Size: 70X126
  • Price Per Acre: 517500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072104 B00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 18, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Mcarthur Thomas
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$103,500
Sold Price
$103,500
Current Estimated Value
$114,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,881
Avg. Annual Appreciation
3.28%
Original Mortgage
$82,800
Outstanding Balance
$76,158
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$41,115

Purchase Details

Closed on
Mar 31, 2021
Sold by
F & S Property Investments Llc
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 15, 2012
Closed on
Feb 11, 2013
Sold by
Secretary Of Hud
Bought by
F & S Property Investments Llc
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Patricia Richmond-Young
Coldwell Banker Collins-Maury
List Price
$22,500
Sold Price
$22,250
Premium/Discount to List
-$250
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.14%

Purchase Details

Closed on
Oct 24, 2012
Sold by
Weiss Arnold M
Bought by
Secretary Of Housing & Urban Developme

Purchase Details

Closed on
Sep 28, 2007
Sold by
Stigger Denise and Norwood Denise
Bought by
Garth Sidney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,518
Interest Rate
6.41%
Mortgage Type
FHA
Source: Public Records

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
Mcarthur Thomas $103,500 Delta Title Services Llc
Memphis Investment Properties Iii Llc $50,000 Delta Title Services Llc
F & S Property Investments Llc $22,250 None Available
Secretary Of Housing & Urban Developme $71,165 --
Garth Sidney L $63,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcarthur Thomas $82,800
Previous Owner Memphis Investment Properties Iii Llc $75,000
Previous Owner Garth Sidney L $62,518
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $103,500 0.0% $104 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $103,500 +365.2% $104 / Sq Ft
02/11/2013 02/11/13 Sold $22,250 -1.1% $22 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $22,500 -- $23 / 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 $730 $31,500 $2,750 $28,750
2024 $730 $21,525 $1,925 $19,600
2023 $1,311 $21,525 $1,925 $19,600
2022 $1,311 $21,525 $1,925 $19,600
2021 $415 $15,300 $1,925 $13,375
2020 $378 $11,825 $1,925 $9,900
2019 $378 $11,825 $1,925 $9,900
2018 $378 $11,825 $1,925 $9,900
2017 $387 $11,825 $1,925 $9,900
2016 $529 $12,100 $0 $0
2014 $529 $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    78 in this area

    422 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    77 in this area

    439 Total Sales

    Bradley Reedy
    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2013

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    1 in this area

    126 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2013

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image
  • Patricia Richmond-Young

    Buyer's Agent in 2013

    Patricia Richmond-Young

    Coldwell Banker Collins-Maury

    (901) 485-2559

    2 in this area

    186 Total Sales

    Patricia Richmond-Young
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107472

Memphis Area Association of REALTORS®

APN: 07-2104-B0-0071

Tennessee Shelby County Memphis 38127 Frayser

2795 Ridgeview Rd, Memphis, TN

This home is located at 2795 Ridgeview Rd, Memphis, TN 38127 since 25 August 2021 and is currently estimated at $114,381, approximately $95 per square foot. This property was built in 1967. 2795 Ridgeview Rd is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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