NOT LISTED FOR SALE

Estimated Value: $181,975 - $207,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $132,000 $83 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,138/month

Highlights

  • Updated Kitchen
  • Brick Veneer
  • Tile Flooring
  • Traditional Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of December 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1,125 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: 11/11/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,564 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • 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 A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 A00069

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC A
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1564
  • Year Built: 1975
  • 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, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 97
  • Acreage: 0.23
  • Lot Size: 70/73.80 X 145.02/168.41

Tax Info

  • Assessor Parcel Number: 093406 A00069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Dec 16, 2019
Sold by
Memphis Investment Properties Llc
Bought by
Muneer Quratulanne
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$132,000
Sold Price
$132,000
Current Estimated Value
$199,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,494
Avg. Annual Appreciation
7.05%
Original Mortgage
$105,600
Outstanding Balance
$93,102
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$106,392

Purchase Details

Listed on
Nov 11, 2019
Closed on
Oct 18, 2019
Sold by
Crest Construction Llc
Bought by
Memphis Investment Properties Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$132,000
Sold Price
$132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Outstanding Balance
$93,102
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$106,392

Purchase Details

Closed on
Mar 29, 2010
Sold by
Atfh Real Property Llc
Bought by
Crest Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2008
Sold by
Tobano Realty Llc
Bought by
Atfh Real Property Llc

Purchase Details

Closed on
Oct 1, 2008
Sold by
Hayes James
Bought by
Tobano Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Muneer Quratulanne $132,000 Delta Title Services Llc
Memphis Investment Properties Llc $101,200 None Available
Crest Construction Llc $26,000 None Available
Atfh Real Property Llc -- None Available
Tobano Realty Llc $12,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muneer Quratulanne $105,600
Previous Owner Crest Construction Llc $19,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2019 12/17/19 Sold $132,000 0.0% $94 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $132,000 +30.4% $94 / Sq Ft
10/18/2019 10/18/19 Sold $101,200 +12.6% $72 / Sq Ft View Prior Sale
10/10/2019 10/10/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $89,900 -- $64 / 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 $1,153 $50,450 $5,525 $44,925
2024 $1,153 $34,025 $3,775 $30,250
2023 $2,073 $34,025 $3,775 $30,250
2022 $2,073 $34,025 $3,775 $30,250
2021 $2,097 $34,025 $3,775 $30,250
2020 $1,382 $19,075 $3,775 $15,300
2019 $610 $19,075 $3,775 $15,300
2018 $610 $19,075 $3,775 $15,300
2017 $624 $19,075 $3,775 $15,300
2016 $777 $17,775 $0 $0
2014 $777 $17,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10065824

Memphis Area Association of REALTORS®

APN: 09-3406-A0-0069