NOT LISTED FOR SALE

2976 Randy Ln Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $125,000 - $153,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 31, 2019

Last sale price $60,500 $38 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $770/month

Highlights

  • Tile Flooring
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of August 2019

Great opportunity to own this 4 bedroom 2 bathroom single family home. This property built in 1960 has approximately 1400 square feet of living space. Close to restaurants and shopping. Bring your ideas and design and see how you can transform this place into just what you’ve been looking for.

Last Agent to Sell the Property

Courtney Read

Vylla Home License #323369 Listed on: 07/27/2019

Last Buyer's Agent

Taylor Miller

Legacy Invest Realty License #339530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 1 Parking Space

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,400 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Winchester Heights Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073056 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$679

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WINCHESTER HEIGHTS BLK B
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1400
  • Year Built: 1960
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 95
  • Acreage: 0.18
  • Lot Size: 8160

Tax Info

  • Assessor Parcel Number: 073056 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2020
Sold by
Fertig Edward
Bought by
Flip Holdings Llc
Current Estimated Value
$135,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2019
Sold by
Shelby Holdings Llc
Bought by
Fertig Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2019
Closed on
Aug 27, 2019
Sold by
New York Mellon Trust Company Na
Bought by
Shelby Holdings Llc
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
Taylor Miller
Legacy Invest Realty
List Price
$55,120
Sold Price
$60,500
Premium/Discount to List
$5,380
9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$56,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2003
Sold by
Mcfarland Thomas and Mcfarland Rachel
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Flip Holdings Llc -- None Available
Fertig Edward $102,500 Close Trak Closing & Ttl Svc
Shelby Holdings Llc $60,500 None Available
The Bank Of New York Mellon $55,885 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fertig Edward $82,000
Previous Owner Shelby Holdings Llc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2019 08/31/19 Sold $60,500 +9.8% $43 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/27/2019 07/27/19 For Sale $55,120 -- $39 / 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 $679 $29,575 $4,125 $25,450
2024 $679 $20,025 $2,875 $17,150
2023 $1,220 $20,025 $2,875 $17,150
2022 $1,220 $20,025 $2,875 $17,150
2021 $1,234 $20,025 $2,875 $17,150
2020 $1,085 $14,975 $2,875 $12,100
2019 $479 $14,975 $2,875 $12,100
2018 $479 $14,975 $2,875 $12,100
2017 $490 $14,975 $2,875 $12,100
2016 $631 $14,450 $0 $0
2014 $631 $14,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Courtney Read

    Vylla Home

    (901) 282-5624

    477 Total Sales

    Courtney Read
    Section Image

  • T

    Buyer's Agent in 2019

    Taylor Miller

    Legacy Invest Realty

    (901) 238-4303

    3 in this area

    35 Total Sales

    Taylor Miller
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10058341

Memphis Area Association of REALTORS®

APN: 07-3056-0-0031

Tennessee Shelby County Memphis 38118 Parkway Village

2976 Randy Ln, Memphis, TN

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