2795 Ridgeview Rd Memphis, TN 38127
Frayser Neighborhood
3
Beds
1.5
Baths
1,000-1,199
Sq Ft
8,712
Sq Ft Lot
Highlights
- Updated Kitchen
- Den
- Tile Flooring
- Traditional Architecture
- Some Wood Windows
- Central Heating and Cooling System
About This Home
As of October 2021Great 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
Reedy & Company, REALTORS License #15602 Listed on: 08/25/2021
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
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
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
3.27%
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
14.13%
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
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $103,500 | Delta Title Services Llc | |
| Warranty Deed | $50,000 | Delta Title Services Llc | |
| Cash Sale Deed | $22,250 | None Available | |
| Trustee Deed | $71,165 | -- | |
| Warranty Deed | $63,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,800 | New Conventional | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $62,518 | FHA |
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
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
-
Bradley Reedy
B
Buyer's Agent in 2021
Bradley Reedy
Reedy & Company, REALTORS
(901) 842-0805
77 in this area
439 Total Sales
-
Elizabeth Glosson
Seller's Agent in 2013
Elizabeth Glosson
Fast Track Realty, LLC
(901) 336-8103
1 in this area
126 Total Sales
-
Greg Glosson
Seller Co-Listing Agent in 2013
Greg Glosson
Fast Track Realty, LLC
(901) 550-3633
12 Total Sales
-
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
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10107472
APN: 07-2104-B0-0071
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