NOT LISTED FOR SALE

Estimated Value: $173,000 - $198,113

3 Beds
2 Baths
2,000 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $49,000 $24 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,015/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Some Wood Windows
  • 1 Fireplace
  • Great Room
  • Central Heating and Cooling System

About This Home

As of April 2013

This 3br/2ba home has spacious living area plus bonus room. Large kitchen. Sits on corner lot. Great investment opportunity.

Last Agent to Sell the Property

Shorty Watkins

River Oaks, Inc. License #53894 Listed on: 03/11/2013

Last Buyer's Agent

Sheila Smith

Realty Capital Management, LLC License #274215

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates Rev Sec G Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 D00025

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 785D
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC G
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Corner
  • Lot Number: 1125
  • Acreage: 0.31
  • Lot Size: 106.020/120 X 109.395/112.185

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093406 D00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2013
Closed on
Apr 19, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gp Memphis Cash Flow
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
Sheila Smith
Realty Capital Management, LLC
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Current Estimated Value
$167,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,070
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Sep 14, 2006
Sold by
Tyler Jerri
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Tyler Sherman
Bought by
Tyler Sherman and Habkouk Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2005
Sold by
Bobo Antonio R and Bobo Precilla D
Bought by
Tyler Sherman

Purchase Details

Closed on
Feb 28, 2005
Sold by
Banco Popular North America
Bought by
Bobo Antonio R and Bobo Precilla D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2004
Sold by
Powell Ralph
Bought by
Banco Popular North America

Purchase Details

Closed on
Oct 31, 2002
Sold by
Herter Justin
Bought by
Powell Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2000
Sold by
George Bowles and George Deborah S
Bought by
Hud
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
Gp Memphis Cash Flow $49,000 None Available
Citimortgage Inc -- None Available
Tyler Jerri $110,000 None Available
Tyler Sherman $50,000 Lenders Title & Escrow Llc
Tyler Sherman -- First American Title Ins Co
Bobo Antonio R $57,000 --
Banco Popular North America $64,000 --
Powell Ralph $94,500 --
Hud $96,662 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sashley Properties Llc $240,000
Closed Sashley Properties Llc $50,340
Closed Sashley Properties Llc $95,280
Previous Owner Tyler Jerri $110,000
Previous Owner Tyler Sherman $50,000
Previous Owner Bobo Antonio R $68,250
Previous Owner Powell Ralph $75,600
Previous Owner Herter Justin $38,251
Previous Owner Bowles George $92,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $49,000 -18.2% $25 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $59,900 -- $30 / 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 -- $51,950 $4,875 $47,075
2024 $1,265 $37,325 $3,775 $33,550
2023 $2,274 $37,325 $3,775 $33,550
2022 $2,274 $37,325 $3,775 $33,550
2021 $2,300 $37,325 $3,775 $33,550
2020 $1,607 $22,175 $3,775 $18,400
2019 $1,607 $22,175 $3,775 $18,400
2018 $1,607 $22,175 $3,775 $18,400
2017 $911 $22,175 $3,775 $18,400
2016 $925 $21,175 $0 $0
2014 $925 $21,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3266929

Memphis Area Association of REALTORS®

APN: 09-3406-D0-0025