NOT LISTED FOR SALE

4214 Riche Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $173,000 - $189,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $122,000 $61 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,071/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Wood Flooring
  • Patio
  • Level Lot

About This Home

As of May 2021

INVESTORS ONLY!! DO NOT DISTURB TENANT. 3 bedroom, 2.5 bathroom brick house, rented for $1,095/month (starting in March 2021), managed by a Local Professional Management Company. Lease renews 8/31/2021. Tenant moved in 9/10/2015. Renovated in 2015. Repair and maintenance history available upon request. Multiple properties rehabbed to a high standard with professional management available.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 03/20/2021

KAIZEN Realty, LLC

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #331452

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1966

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 84x135
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,821 Sq Ft Home
  • 1.5-Story Property
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Riche Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085002 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1966

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: 65
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1821
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Master Bedroom Dimensions: 10x10
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 20
  • Acreage: 0.26
  • Lot Size: 84X135
  • Price Per Acre: 457308

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 085002 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Arvm 5 Llc
Bought by
Vm Pronto Llc
Current Estimated Value
$183,199

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 4, 2021
Sold by
Brakenhoff Kathleen
Bought by
Arvm 5 Llc
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$118,900
Sold Price
$122,000
Premium/Discount to List
$3,100
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Mid South Homebuyers Inc
Bought by
Brakenhoff Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 4, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Mid South Homebuyers Inc
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Tony Sansone
The Carter Group LLC, REALTORS
List Price
$49,500
Sold Price
$28,000
Premium/Discount to List
-$21,500
-43.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.18%
Original Mortgage
$64,350
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2006
Sold by
Molpus Richard E
Bought by
Myers Tammie Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,405
Interest Rate
9.32%
Mortgage Type
Unknown
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
Vm Pronto Llc -- Bchh Inc
Arvm 5 Llc $122,000 Summit Title & Escrow Llc
Brakenhoff Kathleen $83,000 Saddle Creek Title Llc
Mid South Homebuyers Inc $28,000 Signature Title Llc
Myers Tammie Rochelle $89,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brakenhoff Kathleen $66,400
Previous Owner Mid South Homebuyers Inc $64,350
Previous Owner Myers Tammie Rochelle $85,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $122,000 +2.6% $68 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $118,900 +324.6% $66 / Sq Ft
06/15/2015 06/15/15 Sold $28,000 -43.4% $15 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $49,500 -- $27 / 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 $973 $44,600 $3,725 $40,875
2024 $973 $28,700 $2,700 $26,000
2023 $1,748 $28,700 $2,700 $26,000
2022 $1,748 $28,700 $2,700 $26,000
2021 $1,533 $24,875 $2,700 $22,175
2020 $1,183 $16,325 $2,700 $13,625
2019 $522 $16,325 $2,700 $13,625
2018 $522 $16,325 $2,700 $13,625
2017 $534 $16,325 $2,700 $13,625
2016 $660 $15,100 $0 $0
2014 $660 $15,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2021

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    21 in this area

    213 Total Sales

    Jeremy Veldman
    Section Image

  • S

    Buyer's Agent in 2021

    Spencer Lindahl

    Main Street Renewal, LLC

    Section Image

  • T

    Seller's Agent in 2015

    Tony Sansone

    The Carter Group LLC, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095527

Memphis Area Association of REALTORS®

APN: 08-5002-0-0013

Tennessee Shelby County Memphis 38128 Raleigh

4214 Riche Rd, Memphis, TN

This home is located at 4214 Riche Rd, Memphis, TN 38128 since 20 March 2021 and is currently estimated at $183,199, approximately $91 per square foot. This property was built in 1966. 4214 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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