$119,500
SOLD JUL 31, 2018
3 Beds
2 Baths
1,600-1,799 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

1 Day on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1 Fireplace
  • Tile Flooring
  • 1-Story Property

About This Home

As of October 2023

Great investment opportunity! This CASHFLOW property has been fully renovated and brought to 2018 standards! Target rent = $1,195 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

James Wachob

Foundation Property Management License #294924 Listed on: 05/22/2018

Foundation Property Management

Co-Listed By

Sean Tagge

Reedy & Company, REALTORS License #342384

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1975

Lot Details

  • 8,276 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,636 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 G00122

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 786D
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC C
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1636
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 483
  • Acreage: 0.19
  • Lot Size: 68/64.43+8.42X123.17/123.31
  • Price Per Acre: 628947

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093510 G00122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 5, 2023
Sold by
A & K Real Estate Llc
Bought by
Maciel Juan A Vega
Seller's Agent
Momoko Imai
Berkshire Hathaway HomeServices Woodmont Realty
Buyer's Agent
NONMLS NONMLS
List Price
$185,000
Sold Price
$172,500
Premium/Discount to List
-$12,500
-6.76%
Views
46
Current Estimated Value
$182,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,789
Avg. Annual Appreciation
3.69%

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 31, 2018
Sold by
Memhis Investments Rental Properties Llc
Bought by
A & K Real Estate Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$119,500
Sold Price
$119,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Apr 20, 2018
Sold by
Adams John W
Bought by
Memphis Investment Rental 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
$85,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2016
Sold by
Adams John W and Adams Gloria K
Bought by
Adam John W
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 Type Sale Price Title Company
Warranty Deed $172,500 None Listed On Document
Warranty Deed $119,500 Delta Title Services Llc
Warranty Deed $55,000 Closetrak Closing & Title Se
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $172,500 -6.8% $105 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $185,000 +54.8% $112 / Sq Ft
07/31/2018 07/31/18 Sold $119,500 0.0% $75 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $119,500 -- $75 / 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 $1,360 $55,875 $4,700 $51,175
2024 -- $40,125 $3,625 $36,500
2023 $1,809 $29,700 $3,625 $26,075
2022 $1,809 $29,700 $3,625 $26,075
2021 $1,025 $29,700 $3,625 $26,075
2020 $1,344 $18,550 $3,625 $14,925
2019 $593 $18,550 $3,625 $14,925
2018 $593 $18,550 $3,625 $14,925
2017 $607 $18,550 $3,625 $14,925
2016 $772 $17,675 $0 $0
2014 $772 $17,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027606

Memphis Area Association of REALTORS®

APN: 09-3510-G0-0122