NOT LISTED FOR SALE

Estimated Value: $100,000 - $160,000

3 Beds
1 Bath
100-999 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $10,000 $10 Per Sq Ft

Est. 1,181% increase in value since last sale

Current estimated payment $712/month

Highlights

  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Central Air

About This Home

As of November 2020

Three bedroom home on quiet cove priced to sell. Could be a great primary residence or investment property. Home being sold as-is, seller will not make any repairs. Cash offers.

Last Agent to Sell the Property

Margarita LeBlanc

Adaro Realty, Inc. License #295162 Listed on: 05/22/2020

Adaro Realty, Inc.

Last Buyer's Agent

Chris Mosby

ResiAmerica, Inc. License #282881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1970

Lot Details

  • Chain Link Fence

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 900 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Ridgemont Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090021 00041

Home Details

Home Type

Single Family

Est. Annual Taxes

$418

Year Built

Built in 1970

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 Lot 34
  • List Price Per Sq Ft: 61
  • Number Of Stories: 1
  • Price Per Sq Ft: 11.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 900
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Chain Fence, Sidewalks
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 34
  • Lot Size: 70/70.53 X 136.85/128.2

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090021 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Nov 18, 2020
Sold by
Butler Demetrius
Bought by
Vb One Llc
Seller's Agent
Margarita LeBlanc
Adaro Realty, Inc.
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$65,000
Sold Price
$10,000
Premium/Discount to List
-$55,000
-84.62%
Current Estimated Value
$128,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,126
Avg. Annual Appreciation
67.93%

Purchase Details

Closed on
Jan 10, 2007
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Dec 14, 2006
Sold by
Tatum Derrick
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Feb 13, 2004
Sold by
Tennessee Rehab Inc
Bought by
Tatum Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,406
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2003
Sold by
Reedy Debra L
Bought by
Tennessee Rehab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
5.82%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Labbee Brenda K
Bought by
Tennessee Rehab Inc
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 One Llc $130,000 None Available
Hud $67,295 None Available
Tennessee Housing Development Agency $67,295 None Available
Tatum Derrick $62,900 --
Tennessee Rehab Inc -- --
Reedy Debra L -- --
Tennessee Rehab Inc $36,192 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tatum Derrick $62,406
Previous Owner Reedy Debra L $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $10,000 -81.8% $100 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $55,000 -15.4% $550 / Sq Ft
05/22/2020 05/22/20 For Sale $65,000 -- $650 / 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 $418 $19,050 $2,875 $16,175
2024 $418 $12,325 $2,250 $10,075
2023 $751 $12,325 $2,250 $10,075
2022 $751 $12,325 $2,250 $10,075
2021 $425 $12,325 $2,250 $10,075
2020 $716 $9,875 $2,250 $7,625
2019 $316 $9,875 $2,250 $7,625
2018 $316 $9,875 $2,250 $7,625
2017 $323 $9,875 $2,250 $7,625
2016 $434 $9,925 $0 $0
2014 $434 $9,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10077032

Memphis Area Association of REALTORS®

APN: 09-0021-0-0041