NOT LISTED FOR SALE

Estimated Value: $101,000 - $127,000

3 Beds
1 Bath
1,118 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $27,000 $24 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $643/month

Highlights

  • Traditional Architecture
  • Porch
  • Combination Dining and Living Room
  • Some Wood Windows
  • Patio
  • Partially Carpeted

About This Home

As of October 2019

Nice three bedroom home with den and other nice amenities. Large backyard. Home is being sold as-is and seller won't turn on utilities. This is one of the most affordable homes in the Raleigh area. Several homes on the same street have been repaired and sold for a lot of money. Could be a great primary residence or investment property. Cash offers only. Very convenient location on a quiet street.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/26/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Chris Mosby

ResiAmerica, Inc. License #282881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $571

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Community Details

  • Ridgemont Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090021 00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$571

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: RIDGEMONT
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1118
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 33
  • Acreage: 0.2
  • Lot Size: 90.22/72.83 X 100.07/136.85
  • Price Per Acre: 238800

Tax Info

  • Assessor Parcel Number: 090021 00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc
Current Estimated Value
$112,729

Purchase Details

Listed on
Feb 26, 2019
Closed on
Oct 9, 2019
Sold by
Memphis Rpf Llc
Bought by
Vb One Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$47,760
Sold Price
$27,000
Premium/Discount to List
-$20,760
-43.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.70%

Purchase Details

Listed on
Nov 25, 2013
Closed on
Apr 28, 2014
Sold by
Philpott Richard and Philpott Sharon
Bought by
Memphis Rpf Llc
Seller's Agent
Emma Wilson
McWaters & Associates
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bank Of America
Bought by
Philpott Richard and Philpott Sharon

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bowers Timothy
Bought by
Bank Of America

Purchase Details

Closed on
Aug 29, 2007
Sold by
Cathey Sylvia
Bought by
Bowers Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
Mcdonald Sandra
Bought by
Hud

Purchase Details

Closed on
Jan 10, 2002
Sold by
Gray Dorothy E
Bought by
Mcdonald Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,584
Interest Rate
7.12%
Mortgage Type
FHA
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
Vb Two Llc -- None Available
Vb One Llc $27,000 Memphis Title Company
Memphis Rpf Llc $20,000 Preferred Title & Escrow
Philpott Richard $25,576 Landcastle Title Llc
Bank Of America $37,000 None Available
Bowers Timothy $75,000 Preferred Title & Escrow Llc
Hud $58,049 None Available
Mcdonald Sandra $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowers Timothy $63,750
Previous Owner Mcdonald Sandra $52,584
Closed Mcdonald Sandra $4,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2019 10/09/19 Sold $27,000 -43.5% $24 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $47,760 +138.8% $43 / Sq Ft
04/28/2014 04/28/14 Sold $20,000 0.0% $20 / Sq Ft View Prior Sale
02/24/2014 02/24/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $20,000 -- $20 / 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 $571 $26,325 $2,875 $23,450
2024 $571 $16,850 $2,250 $14,600
2023 $1,026 $16,850 $2,250 $14,600
2022 $1,026 $16,850 $2,250 $14,600
2021 $581 $16,850 $2,250 $14,600
2020 $966 $13,325 $2,250 $11,075
2019 $426 $13,325 $2,250 $11,075
2018 $426 $13,325 $2,250 $11,075
2017 $436 $13,325 $2,250 $11,075
2016 $592 $13,550 $0 $0
2014 $592 $13,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10046782

Memphis Area Association of REALTORS®

APN: 09-0021-0-0040