NOT LISTED FOR SALE

Estimated Value: $144,481 - $167,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $75,000 $54 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $915/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1 Fireplace
  • Tile Flooring
  • Dining Room

About This Home

As of September 2019

DO NOT DISTURB THE TENANT. Charming 3 bedroom 2 bath property with great cash flow. Professionally managed. Don't miss the opportunity to add this property to your investment portfolio. Showings to be scheduled following an accepted subject to inspection offer.

Last Agent to Sell the Property

Camela Henke

Enterprise, REALTORS License #307460 Listed on: 01/21/2019

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 1974

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,235 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 B00113

Home Details

Home Type

Single Family

Est. Annual Taxes

$837

Year Built

Built in 1974

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 SEC B
  • List Price Per Sq Ft: 64
  • Number Of Stories: 1
  • Price Per Sq Ft: 60.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1235
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence
  • Exterior Windows: Vinyl Siding, Stone
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 325
  • Acreage: 0.17
  • Lot Size: 60 X 125
  • Price Per Acre: 464706

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093406 B00113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Sep 2, 2019
Sold by
Kwa Sharon
Bought by
Parekh Dev
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%
Current Estimated Value
$159,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,370
Avg. Annual Appreciation
13.15%
Original Mortgage
$50,250
Outstanding Balance
$44,015
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$115,355

Purchase Details

Listed on
May 27, 2014
Closed on
Jun 27, 2014
Sold by
Dnv Investment Partnership
Bought by
Kwa Sharon
Seller's Agent
Curt Davis
KAIZEN Realty, LLC
Buyer's Agent
Curt Davis
KAIZEN Realty, LLC
List Price
$75,400
Sold Price
$75,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%

Purchase Details

Closed on
Nov 15, 2011
Sold by
Menard Justin
Bought by
Dnv Investment Partnership

Purchase Details

Closed on
Oct 23, 2009
Sold by
Memphis Investment Properties Llc
Bought by
Menard Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2009
Sold by
Terry Reagor Realtors Inc
Bought by
Memphis Investment 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
$33,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2009
Sold by
Mcclure Lloyd Gilmore and Mcclure Emmie L
Bought by
Terry Reagor Realtors
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
Parekh Dev $75,000 Close Trak Closing & Ttl Svc
Kwa Sharon $75,400 Saddle Creek Title Llc
Dnv Investment Partnership -- None Available
Menard Justin $49,000 None Available
Memphis Investment Properties Llc $38,000 None Available
Terry Reagor Realtors $14,001 Tam Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parekh Dev $50,250
Previous Owner Memphis Investment Properties Llc $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2019 09/13/19 Sold $75,000 -5.1% $63 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $79,000 +4.8% $66 / Sq Ft
06/27/2014 06/27/14 Sold $75,400 0.0% $63 / Sq Ft View Prior Sale
05/27/2014 05/27/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $75,400 -- $63 / 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 $837 $35,225 $5,400 $29,825
2024 $837 $24,700 $3,700 $21,000
2023 $1,505 $24,700 $3,700 $21,000
2022 $1,505 $24,700 $3,700 $21,000
2021 $1,522 $24,700 $3,700 $21,000
2020 $1,185 $16,350 $3,700 $12,650
2019 $523 $16,350 $3,700 $12,650
2018 $523 $16,350 $3,700 $12,650
2017 $535 $16,350 $3,700 $12,650
2016 $661 $15,125 $0 $0
2014 $661 $15,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10060787

Memphis Area Association of REALTORS®

APN: 09-3406-B0-0113