NOT LISTED FOR SALE

4313 Renners Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $184,000 - $197,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $179,400 $112 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,074/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Tile Flooring
  • Traditional Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of March 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1,295 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: 12/05/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 56x166
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,510 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Rev Raleigh Heights Rev Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085007 00049

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734D
  • MAAR Subdivision Name: RALEIGH HEIGHTS SEC A
  • List Price Per Sq Ft: 119
  • Number Of Stories: 1
  • Price Per Sq Ft: 118.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1510
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • 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, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • 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

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 54
  • Acreage: 0.21
  • Lot Size: 56X166
  • Price Per Acre: 854286

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 085007 00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
Mar 14, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Lowe Michael
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$179,400
Sold Price
$179,400
Current Estimated Value
$189,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,450
Avg. Annual Appreciation
1.58%
Original Mortgage
$136,000
Outstanding Balance
$126,527
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$63,323

Purchase Details

Closed on
Nov 18, 2021
Sold by
Jackson Richard E
Bought by
Memphis Investmen Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
2.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Lowe Michael $179,400 Delta Title Services
Memphis Investmen Properties Iii Llc $90,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Michael $136,000
Previous Owner Memphis Investmen Properties Iii Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2022 03/15/22 Sold $179,400 0.0% $128 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
12/05/2021 12/05/21 For Sale $179,400 -- $128 / 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 $944 $43,675 $3,425 $40,250
2024 $944 $27,850 $2,500 $25,350
2023 $1,697 $27,850 $2,500 $25,350
2022 $1,422 $23,350 $2,500 $20,850
2021 $1,691 $23,350 $2,500 $20,850
2020 $1,150 $15,875 $2,500 $13,375
2019 $507 $15,875 $2,500 $13,375
2018 $507 $15,875 $2,500 $13,375
2017 $519 $15,875 $2,500 $13,375
2016 $640 $14,650 $0 $0
2014 $640 $14,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    402 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    419 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10113971

Memphis Area Association of REALTORS®

APN: 08-5007-0-0049

Tennessee Shelby County Memphis 38128 Raleigh

4313 Renners Rd, Memphis, TN

This home is located at 4313 Renners Rd, Memphis, TN 38128 since 05 December 2021 and is currently estimated at $189,850, approximately $118 per square foot. This property was built in 1970. 4313 Renners Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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