NOT LISTED FOR SALE

4206 Riche Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $118,000 - $147,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $98,000 $70 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $813/month

88 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Partially Carpeted
  • Separate Formal Living Room
  • Dining Room
  • 1-Story Property

About This Home

As of September 2021

Investors this property is already producing income. This home is currently leased until 04/30/2022. please contact your real estate professional to get more information. This home would be perfect for a long term family rental.

Last Agent to Sell the Property

Anthony Mannie

KAIZEN Realty, LLC License #329984 Listed on: 05/27/2021

KAIZEN Realty, LLC

Last Buyer's Agent

Lawson Roberts

KAIZEN Realty, LLC License #358842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 1968

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x141
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,342 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Riche Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085002 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$787

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734D
  • MAAR Subdivision Name: RICHE HILLS
  • List Price Per Sq Ft: 86
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1342
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 21
  • Acreage: 0.22
  • Lot Size: 70X141
  • Price Per Acre: 527273

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 085002 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 7, 2021
Sold by
Hongqi International Corp
Bought by
Vb One Llc
Seller's Agent
Anthony Mannie
KAIZEN Realty, LLC
Buyer's Agent
Lawson Roberts
KAIZEN Realty, LLC
List Price
$116,000
Sold Price
$98,000
Premium/Discount to List
-$18,000
-15.52%
Total Days on Market
88
Current Estimated Value
$133,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,006
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Thomas Latoya
Bought by
Leaper Catorchia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,623
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2015
Sold by
Fairway Capital Partners Llc
Bought by
Hongqi International Corp

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jul 8, 2015
Sold by
T B Investments Inc
Bought by
Fairway Capital Partners Llc
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Micah Layman
Ware Jones, REALTORS
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
May 27, 2008
Sold by
Thomas Lease & Bruce Williams Lp
Bought by
T & B Investments Inc

Purchase Details

Closed on
Jun 16, 1996
Sold by
Lease Thomas S
Bought by
Thomas Lease & Bruce Williams Lp

Purchase Details

Closed on
Apr 12, 1996
Bought by
Fairchild Larry G and Fairchild Patric
Source: Public Records

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Range of Values:

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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
Vb One Llc $98,500 None Available
Leaper Catorchia $76,000 Preferred Title & Escrow Llc
Hongqi International Corp $140,900 Attorney
Fairway Capital Partners Llc $35,000 Attorney
T & B Investments Inc -- None Available
Thomas Lease & Bruce Williams Lp -- --
Fairchild Larry G $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leaper Catorchia $74,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $98,000 -15.5% $82 / Sq Ft
05/27/2021 05/27/21 For Sale $116,000 +231.4% $97 / Sq Ft
07/10/2015 07/10/15 Sold $35,000 -22.2% $29 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $45,000 -- $38 / 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 $787 $34,650 $3,500 $31,150
2024 $787 $23,225 $2,550 $20,675
2023 $1,415 $23,225 $2,550 $20,675
2022 $1,415 $23,225 $2,550 $20,675
2021 $630 $23,225 $2,550 $20,675
2020 $1,105 $15,250 $2,550 $12,700
2019 $487 $15,250 $2,550 $12,700
2018 $487 $15,250 $2,550 $12,700
2017 $499 $15,250 $2,550 $12,700
2016 $617 $14,125 $0 $0
2014 $617 $14,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Mannie

    Seller's Agent in 2021

    Anthony Mannie

    KAIZEN Realty, LLC

    (901) 338-3124

    7 in this area

    163 Total Sales

    Anthony Mannie
    Section Image

  • L

    Buyer's Agent in 2021

    Lawson Roberts

    KAIZEN Realty, LLC

    (614) 302-8248

    17 in this area

    179 Total Sales

    Lawson Roberts
    Section Image
  • Micah Layman

    Seller's Agent in 2015

    Micah Layman

    Ware Jones, REALTORS

    (901) 634-9114

    1 in this area

    43 Total Sales

    Micah Layman
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10100451

Memphis Area Association of REALTORS®

APN: 08-5002-0-0014

Tennessee Shelby County Memphis 38128 Raleigh

4206 Riche Rd, Memphis, TN

This home is located at 4206 Riche Rd, Memphis, TN 38128 since 27 May 2021 and is currently estimated at $133,006, approximately $95 per square foot. This property was built in 1968. 4206 Riche Rd is a home located in Shelby County with nearby schools including Raleigh Egypt High School, Coleman School, and Promise Academy - Spring Hill.

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