NOT LISTED FOR SALE

Estimated Value: $159,408 - $178,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $115,000 $72 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $956/month

107 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Wood Fence
  • 1 Fireplace
  • Dining Room
  • 1-Story Property

About This Home

As of November 2020

Located in Ridgeway Estates, this 3 bedroom 2 bath single family investment property could be just the investment opportunity you are looking for! NO APPOINTMENTS. DRIVE BY ONLY. Please do not disturb tenants. Rent is $1,050 per month. Tenants prefer to stay in property. Lease expires 5/31/21.

Last Agent to Sell the Property

Christopher Amido

Crye-Leike, Inc., REALTORS License #349293 Listed on: 07/31/2020

Crye-Leike, Inc., REALTORS

Co-Listed By

James Anson Underwood

Crye-Leike, Inc., REALTORS License #296115

Last Buyer's Agent

Jack Inman

Long Term Invest Mngt License #342513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $989

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x130
  • Wood Fence

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,600 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway

Community Details

  • Ridgeway Estates Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 G00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$989

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 786D
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC C
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Price Per Sq Ft: 71.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Front-Load Garage

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 412
  • Acreage: 0.23
  • Lot Size: 80X130
  • Price Per Acre: 519565

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093510 G00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 24, 2020
Sold by
Specialized Ira Services
Bought by
Alaniz Karina and Gutierrez Gerardo
Seller's Agent
Christopher Amido
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jack Inman
Long Term Invest Mngt
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Total Days on Market
107
Current Estimated Value
$164,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,602
Avg. Annual Appreciation
8.29%
Original Mortgage
$86,250
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Shelby K Holding Lllc
Bought by
Spcecialized Ira Services Fbo Karen Mac

Purchase Details

Closed on
Dec 6, 2016
Sold by
Black Tamiko M and Black Tamiko M
Bought by
Shelbyh Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,740
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 19, 2005
Sold by
Hobson Sandra L and Hobson Lakshmanan N
Bought by
Fearnley Michael A and Cougar Enterprises
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
Alaniz Karina $115,000 Executed Title & Closing Inc
Spcecialized Ira Services Fbo Karen Mac $104,000 None Available
Shelbyh Holdings Llc $60,100 None Available
Fearnley Michael A $62,000 --
Fearnley Michael A $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alaniz Karina $86,250
Previous Owner Shelby Holdings Llc $84,740
Previous Owner Shelbyh Holdings Llc $84,740
Previous Owner Black Tamiko M $5,233
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $115,000 -3.8% $82 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/20/2020 10/20/20 Price Changed $119,500 -0.4% $85 / Sq Ft
07/31/2020 07/31/20 For Sale $120,000 -- $86 / 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 $989 $37,875 $4,775 $33,100
2024 $989 $29,175 $3,675 $25,500
2023 $1,777 $29,175 $3,675 $25,500
2022 $1,777 $29,175 $3,675 $25,500
2021 $1,007 $29,175 $3,675 $25,500
2020 $1,283 $17,700 $3,675 $14,025
2019 $566 $17,700 $3,675 $14,025
2018 $566 $17,700 $3,675 $14,025
2017 $579 $17,700 $3,675 $14,025
2016 $736 $16,850 $0 $0
2014 $736 $16,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10081787

Memphis Area Association of REALTORS®

APN: 09-3510-G0-0012