NOT LISTED FOR SALE

Estimated Value: $169,000 - $199,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $122,500 $77 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,117/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of April 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1150 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

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 03/15/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,189

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,400 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 G00114

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,189

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 786D
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC C
  • List Price Per Sq Ft: 88
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1400
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 514
  • Acreage: 0.27
  • Lot Size: 81.31/78.56X148.78/127.96
  • Price Per Acre: 453704

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093510 G00114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 12, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
Panorama Holdings Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$122,500
Sold Price
$122,500
Total Days on Market
0
Current Estimated Value
$181,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,885
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Morgan Randy and Morgan Deborah
Bought by
Memphis Investment Renal 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
$95,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2008
Sold by
Deutsche Bank Trust Co Americas
Bought by
Morgan Randy and Morgan Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,160
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2008
Sold by
Lane Ormond and Lane Dawn
Bought by
Deutsche Bank Trust Co Americas and Ixis 2007-He1

Purchase Details

Closed on
Jun 27, 2006
Sold by
Campbell Roy Chester
Bought by
Lane Ormond and Lane Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
10.99%
Mortgage Type
Purchase Money Mortgage
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
Panorama Holdings Llc $122,500 Delta Title Services Llc
Memphis Investment Renal Properties Llc $68,333 Erickson Title & Closing Llc
Morgan Randy $43,000 Landcastle Title Llc
Deutsche Bank Trust Co Americas $87,125 None Available
Lane Ormond $102,500 Assured Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Renal Properties Llc $95,000
Previous Owner Morgan Randy $64,400
Previous Owner Morgan Deborah J $64,160
Previous Owner Morgan Randy $42,000
Previous Owner Lane Ormond $102,500
Previous Owner Campbell Roy C $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $122,500 0.0% $88 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $122,500 -- $88 / 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 $1,189 $49,200 $4,825 $44,375
2024 $1,189 $35,075 $3,725 $31,350
2023 $2,137 $35,075 $3,725 $31,350
2022 $2,137 $35,075 $3,725 $31,350
2021 $1,210 $35,075 $3,725 $31,350
2020 $1,237 $17,075 $3,725 $13,350
2019 $546 $17,075 $3,725 $13,350
2018 $546 $17,075 $3,725 $13,350
2017 $559 $17,075 $3,725 $13,350
2016 $712 $16,300 $0 $0
2014 $712 $16,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10048513

Memphis Area Association of REALTORS®

APN: 09-3510-G0-0114