NOT LISTED FOR SALE

Estimated Value: $177,000 - $203,000

3 Beds
2 Baths
1,500 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $85,900 $57 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,102/month

About This Home

As of June 2020

Say hello to your new home! This beautiful home located in 38115 is priced to rent and won’t last long! This 1500 sq. ft. home has 3 spacious bedrooms and 2 bathrooms. In addition to the fenced-in backyard, this home features an open floor plan, an eat-in kitchen, and a living room that is perfect for entertaining. This property is a must see! Don’t wait! Contact our leasing team TODAY to schedule your viewing and start your application process!

Last Agent to Rent the Property

Nathan Gray

Premier Property Management Gr License #324039 Listed on: 04/28/2020

Co-Listed By

Nicholas Bolding

Keller Williams License #348505

Last Renter's Agent

Jerry Thornton

Premier Property Management Gr License #325902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1981

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70 x 120

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Ridgeway Estates Sec J Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 Q00098

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 786B
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC J
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 0.73
  • Estimated Sq Ft: 1500
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 1697
  • Acreage: 0.19
  • Lot Size: 70 X 120
  • Price Per Acre: 5763

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093510 Q00098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
May 7, 2020
Sold by
Rei Nation Llc
Bought by
Ismail Karimolomi Wais
Seller's Agent
Nathan Gray
Premier Property Management Gr
Buyer's Agent
Jerry Thornton
Premier Property Management Gr
Sold Price
$1,095
Current Estimated Value
$188,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,516
Original Mortgage
$94,500
Outstanding Balance
$84,052
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$104,559

Purchase Details

Listed on
Feb 10, 2020
Closed on
Feb 28, 2020
Sold by
South Pointe Property Fund Llc
Bought by
Rei Nation Llc
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$85,900
Sold Price
$85,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Listed on
Feb 6, 2015
Closed on
Jul 23, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
South Pointe Property Fund Llc
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$75,260
Sold Price
$44,189
Premium/Discount to List
-$31,071
-41.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Faulkner Deborah K
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 20, 2006
Sold by
Boga Yasma M
Bought by
Faulkner Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1998
Sold by
Peery Alan W and Haynes Bessie L
Bought by
Boga Yasma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
6.96%
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
Ismail Karimolomi Wais $145,000 Close Trak Closing & Ttl Svc
Rei Nation Llc $164,500 Close Trak Closing & Ttl Svc
South Pointe Property Fund Llc $44,109 Attorney
South Pointe Property Fund Llc $44,109 Attorney
Deutsche Bank National Trust Co $75,000 None Available
Faulkner Deborah K $100,000 Home Surety Title & Escrow L
Boga Yasma $82,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ismail Karimolomi Wais $94,500
Previous Owner Faulkner Deborah K $80,000
Previous Owner Boga Yasma $65,600
Closed Boga Yasma $16,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2020 06/08/20 Rented $1,095 0.0% --
05/04/2020 05/04/20 Under Contract -- -- --
04/28/2020 04/28/20 For Rent $1,095 0.0% --
03/04/2020 03/04/20 Sold $85,900 0.0% $61 / Sq Ft View Prior Sale
02/14/2020 02/14/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $85,900 +94.4% $61 / Sq Ft
07/24/2015 07/24/15 Sold $44,189 -41.3% $32 / Sq Ft View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $75,260 -- $54 / 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 $1,219 $47,875 $4,750 $43,125
2024 $1,219 $35,950 $4,150 $31,800
2023 $2,190 $35,950 $4,150 $31,800
2022 $2,190 $35,950 $4,150 $31,800
2021 $2,216 $35,950 $4,150 $31,800
2020 $1,362 $18,800 $4,150 $14,650
2019 $601 $18,800 $4,150 $14,650
2018 $601 $18,800 $4,150 $14,650
2017 $615 $18,800 $4,150 $14,650
2016 $765 $17,500 $0 $0
2014 $765 $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075502

Memphis Area Association of REALTORS®

APN: 09-3510-Q0-0098