NOT LISTED FOR SALE

Estimated Value: $148,000 - $192,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $18,000 $8 Per Sq Ft

Est. 850% increase in value since last sale

Current estimated payment $1,019/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property
  • 1 Fireplace
  • Landscaped

About This Home

As of January 2019

Fire Damage. Needs tons of work. Still great opportunity. As Is Were Is

Last Agent to Sell the Property

Fred Sengstacke

KAIZEN Realty, LLC License #320751 Listed on: 01/08/2019

KAIZEN Realty, LLC

Last Buyer's Agent

Kira Auvert

Adaro Realty, Inc. License #281535

Adaro Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,000 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Location

  • Ground Level
  • Upper Level

Community Details

  • Ridgeway Estates Rev Sec G Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 D00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,042

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 785D
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC G
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Price Per Sq Ft: 9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition, Stone

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 1126
  • Acreage: 0.17
  • Lot Size: 73.29/70X103.33/120
  • Price Per Acre: 147059

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093406 D00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jan 30, 2019
Sold by
Happy Rental Real Estate Llc
Bought by
Palomo Jesus
Seller's Agent
Fred Sengstacke
KAIZEN Realty, LLC
Buyer's Agent
Kira Auvert
Adaro Realty, Inc.
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%
Current Estimated Value
$171,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,006
Avg. Annual Appreciation
40.94%

Purchase Details

Listed on
Jan 8, 2019
Closed on
Dec 13, 2018
Sold by
Csma Sfr Holdings Ii Lse Llc
Bought by
Happy Rental Real Estate Llc
Seller's Agent
Fred Sengstacke
KAIZEN Realty, LLC
Buyer's Agent
Kira Auvert
Adaro Realty, Inc.
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%

Purchase Details

Closed on
Jan 2, 2013
Sold by
Tcb Equity Group Llc
Bought by
Bltrejv3 Memphis Llc

Purchase Details

Closed on
Apr 7, 2011
Sold by
Reo Property Company L P
Bought by
Tcb Equity Group Llc

Purchase Details

Closed on
Apr 30, 2008
Sold by
Hill Jerome
Bought by
Reo Pc

Purchase Details

Closed on
Aug 8, 2006
Sold by
Santa Ana Matthew
Bought by
Hud

Purchase Details

Closed on
Jun 12, 2003
Sold by
Security Builders
Bought by
Santa Ana Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,408
Interest Rate
5.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2002
Sold by
Hopson Jean D Harris and Hopson Dale C
Bought by
Security Builders Inc
Source: Public Records

Range of Values:

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Average Value
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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
Palomo Jesus $18,000 Surety Title Co Llc
Happy Rental Real Estate Llc $1,916 None Available
Bltrejv3 Memphis Llc $230,000 None Available
Tcb Equity Group Llc $24,500 None Available
Reo Pc $75,000 None Available
Hud $103,647 None Available
Santa Ana Matthew $104,900 Equity Title & Escrow Co
Security Builders Inc $97,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reo Property Company L P $1,530,000
Previous Owner Hill Jerome $81,922
Previous Owner Santa Ana Matthew $101,408
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $18,000 -28.0% $9 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $25,000 0.0% $13 / Sq Ft
03/04/2015 03/04/15 Rented $1,050 0.0% --
03/04/2015 03/04/15 Under Contract -- -- --
12/31/2014 12/31/14 For Rent $1,050 -- --
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 $1,042 $42,050 $4,650 $37,400
2024 $1,042 $30,725 $3,600 $27,125
2023 $1,872 $30,725 $3,600 $27,125
2022 $1,872 $30,725 $3,600 $27,125
2021 $1,894 $30,725 $3,600 $27,125
2020 $1,402 $19,350 $3,600 $15,750
2019 $618 $19,350 $3,600 $15,750
2018 $618 $19,350 $3,600 $15,750
2017 $633 $19,350 $3,600 $15,750
2016 $686 $15,700 $0 $0
2014 $743 $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10043535

Memphis Area Association of REALTORS®

APN: 09-3406-D0-0026