NOT LISTED FOR SALE

Estimated Value: $90,000 - $116,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $77,500 $65 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $602/month

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property

About This Home

As of November 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $750 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: 07/15/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1972

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 56x115
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,007 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Royal Ridge Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090004 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731A
  • MAAR Subdivision Name: ROYAL RIDGE BLK A
  • List Price Per Sq Ft: 77
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.96
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1007
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 94
  • Acreage: 0.14
  • Lot Size: 56X115
  • Price Per Acre: 553571

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090004 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 8, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Miltakis Halina M and Azeem Fazil
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$77,500
Sold Price
$77,500
Current Estimated Value
$103,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,002
Avg. Annual Appreciation
6.74%
Original Mortgage
$58,125
Outstanding Balance
$52,164
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$54,082

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 6, 2020
Sold by
Olmsted Us Ii Llc
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4243.82%
Original Mortgage
$60,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 19, 2014
Closed on
Nov 11, 2014
Sold by
Helms Curtis M and Helms Peggy A
Bought by
Olmsted Us Ii Llc
Seller's Agent
Spencer Shadrach
Crestcore Realty, LLC
Buyer's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
List Price
$23,400
Sold Price
$23,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%
Original Mortgage
$159,540
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2002
Sold by
Smith Rayford Earl and Smith Cynda L
Bought by
Helms Curtis M and Helms Peggy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.85%
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
Miltakis Halina M $77,500 Delta Title Services Llc
Memphis Investment Properties Ii Llc $25,000 None Available
Olmsted Us Ii Llc $163,800 Coventry Escrow & Title Co L
Helms Curtis M $25,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miltakis Halina M $58,125
Previous Owner Memphis Investment Properties Ii Llc $60,000
Previous Owner Olmsted Us Ii Llc $159,540
Previous Owner Helms Curtis M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $77,500 +210.0% $78 / Sq Ft
07/20/2020 07/20/20 Sold $25,000 -67.7% $25 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $77,500 +210.0% $78 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $25,000 +6.8% $25 / Sq Ft
12/08/2014 12/08/14 Sold $23,400 0.0% $23 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $23,400 -- $23 / 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 $520 $21,425 $2,250 $19,175
2024 $520 $15,325 $1,975 $13,350
2023 $934 $15,325 $1,975 $13,350
2022 $934 $15,325 $1,975 $13,350
2021 $1,110 $15,325 $1,975 $13,350
2020 $547 $7,550 $1,975 $5,575
2019 $306 $7,550 $1,975 $5,575
2018 $241 $7,550 $1,975 $5,575
2017 $247 $7,550 $1,975 $5,575
2016 $426 $9,750 $0 $0
2014 $426 $9,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080710

Memphis Area Association of REALTORS®

APN: 09-0004-0-0014