NOT LISTED FOR SALE

Estimated Value: $135,000 - $165,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $62,500 $45 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $880/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Tile Flooring
  • Separate Formal Living Room
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of June 2017

Investors this is a Great rehab and rental in Memphis, TN. Don't pass this one up! Can be purchased individually or as a package. Tenant in property with current lease, make offer contingent on inspection.

Last Agent to Sell the Property

Jeff Goff

Keller Williams License #291715 Listed on: 04/28/2017

Keller Williams

Co-Listed By

Jennifer Smith

Keller Williams License #289818

Last Buyer's Agent

Joe King

Marathon REALTORS, LLC License #291170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1977

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,399 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 C00053

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 785B
  • MAAR Subdivision Name: RIDGEWAY ESTATES NORTH
  • List Price Per Sq Ft: 42
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1399
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living 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, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 53
  • Acreage: 0.23
  • Lot Size: 113.78/47.60X111.55/158.22
  • Price Per Acre: 257261

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093406 C00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2017
Sold by
Marnisa Garden Llc
Bought by
Av Homes Llc
Current Estimated Value
$146,899

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 6, 2017
Sold by
Ferguson Donald Cameron
Bought by
Marvin S Garden Llc
Seller's Agent
Jeff Goff
Keller Williams
Buyer's Agent
Joe King
Marathon REALTORS, LLC
List Price
$59,170
Sold Price
$62,500
Premium/Discount to List
$3,330
5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Jan 28, 2008
Sold by
H & J Properties Llc
Bought by
Fergusson Donald Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
5.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 25, 2008
Sold by
Wells Fargo Bank Na
Bought by
H & J Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
5.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 14, 2007
Sold by
Carter Sonja
Bought by
Wells Fargo Bank Na and Citigroup Mortgage Loan Trust Series 200

Purchase Details

Closed on
Jun 28, 2004
Sold by
Pierotti Steve and Pierotti Teresa
Bought by
Carter Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,320
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage
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
Av Homes Llc $159,800 None Available
Marvin S Garden Llc $62,500 Saddle Creek Title Llc
Fergusson Donald Cameron $63,400 None Available
H & J Properties Llc $57,250 Lehman Land Title Inc
Wells Fargo Bank Na $80,750 None Available
Carter Sonja $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fergusson Donald Cameron $79,700
Previous Owner Fergusson Donald Cameron $83,200
Previous Owner Fergusson Donald Cameron $75,600
Previous Owner Carter Sonja $74,320
Closed Carter Sonja $13,935
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $62,500 +5.6% $52 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $59,170 -- $49 / 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 $910 $38,925 $5,525 $33,400
2024 $910 $26,850 $3,775 $23,075
2023 $1,636 $26,850 $3,775 $23,075
2022 $1,636 $26,850 $3,775 $23,075
2021 $1,655 $26,850 $3,775 $23,075
2020 $1,284 $17,725 $3,775 $13,950
2019 $1,284 $17,725 $3,775 $13,950
2018 $1,284 $17,725 $3,775 $13,950
2017 $729 $17,725 $3,775 $13,950
2016 $732 $16,750 $0 $0
2014 $732 $16,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10001182

Memphis Area Association of REALTORS®

APN: 09-3406-C0-0053