NOT LISTED FOR SALE

3096 Ashwood St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $128,000 - $158,000

3 Beds
2.5 Baths
1,200-1,399 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $104,900 $75 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $819/month

Highlights

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

About This Home

As of June 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $950 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: 05/07/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x110
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,389 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073041 A00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: KNIGHTWOODS
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1389
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • 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: 108
  • Acreage: 0.17
  • Lot Size: 65X110

Tax Info

  • Assessor Parcel Number: 073041 A00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
May 15, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Lemus Hilario Ruiz and Salinas Lizbeth
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$145,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,247
Avg. Annual Appreciation
6.23%
Original Mortgage
$83,920
Outstanding Balance
$74,224
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$70,923

Purchase Details

Listed on
Feb 16, 2020
Closed on
Mar 17, 2020
Sold by
Vester Anita F
Bought by
Memphis Investments Properties Llc
List Price
$55,900
Sold Price
$55,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,920
Outstanding Balance
$74,224
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$70,923

Purchase Details

Closed on
Feb 19, 2008
Sold by
Vester Jessie Lee
Bought by
Vester Anita F

Purchase Details

Closed on
Nov 25, 1996
Sold by
Williams Denise Dailey and Williams James R
Bought by
Vester Jessie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,964
Interest Rate
7.83%
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
Lemus Hilario Ruiz $104,900 Delta Title Services Llc
Memphis Investments Properties Llc $55,900 Preferred Title & Escrow Llc
Vester Anita F -- None Available
Vester Anita F -- None Available
Vester Jessie L $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemus Hilario Ruiz $83,920
Previous Owner Memphis Investments Properties Llc $85,000
Previous Owner Vester Jessie L $68,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2020 06/16/20 Sold $104,900 0.0% $87 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $104,900 +87.7% $87 / Sq Ft
03/17/2020 03/17/20 Sold $55,900 0.0% $40 / Sq Ft View Prior Sale
03/17/2020 03/17/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $55,900 -- $40 / 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 $703 $37,975 $4,125 $33,850
2024 $703 $20,725 $2,750 $17,975
2023 $1,263 $20,725 $2,750 $17,975
2022 $1,263 $20,725 $2,750 $17,975
2021 $1,277 $20,725 $2,750 $17,975
2020 $1,085 $14,975 $2,750 $12,225
2019 $479 $14,975 $2,750 $12,225
2018 $479 $14,975 $2,750 $12,225
2017 $490 $14,975 $2,750 $12,225
2016 $625 $14,300 $0 $0
2014 $625 $14,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    399 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    416 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076167

Memphis Area Association of REALTORS®

APN: 07-3041-A0-0008

Tennessee Shelby County Memphis 38118 Parkway Village

3096 Ashwood St, Memphis, TN

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