NOT LISTED FOR SALE

442 Washington St Unit A & B Ripley, TN 38063

Estimated Value: $102,971 - $148,000

3 Beds
2 Baths
1,860 Sq Ft
$62/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $66,500 $36 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $680/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of May 2021

Excellent opportunity for investors! Charming duplex located in the heart of Ripley, TN located near a park, Tiny Knee Stadium, shopping & more. The property is tenant occupied with 1 year lease agreements in place. (Please do not disturb the tenants). 3BR, 2 full bath units, w similar floor plans on each side. Recently renovated with new waterproof vinyl plank flooring & fresh interior paint. Property includes appliances. HURRY! This is an investor's dream property & won't last long!

Last Agent to Sell the Property

Amy Woods

Crye-Leike, Inc., REALTORS License #310857 Listed on: 03/26/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $587

Year Built

  • Built in 1950

Lot Details

  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Partially Carpeted
  • Termite Clearance

Kitchen

  • Built-In Range
  • Dishwasher

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 094M A 017.01 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$587

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Haliburton St
  • MLS Map #: 691A
  • List Price Per Sq Ft: 32
  • Number Of Stories: 1
  • Price Per Sq Ft: 35.75
  • Estimated Sq Ft: 1860
  • Termite Contract: Yes
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet, Sprayed Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Dishwasher
  • Estimated Entire Duplex Sq Ft: 1800-1999

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Size: 69 x 200 IRR

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 094M A 017.01 000

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 12, 2021
Sold by
Webb Keith and Webb Robin
Bought by
Winbush Kendra
Seller's Agent
Amy Woods
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$60,000
Sold Price
$66,500
Premium/Discount to List
$6,500
10.83%
Current Estimated Value
$115,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,493
Avg. Annual Appreciation
11.39%
Original Mortgage
$56,525
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Union Planters Bank
Bought by
Keith Webb

Purchase Details

Closed on
Sep 24, 2003
Sold by
Larry Mcalister
Bought by
Union Planters Mortgage

Purchase Details

Closed on
Jan 10, 1994
Bought by
Mcalister Larry
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
Winbush Kendra $66,500 None Available
Keith Webb $28,000 --
Union Planters Mortgage $37,500 --
Mcalister Larry $27,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Entities Llc $101,062
Closed Anderson Entities Llc $101,062
Closed Winbush Kendra $56,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $66,500 +10.8% $36 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $60,000 -- $32 / 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
2024 $587 $23,120 $6,600 $16,520
2023 $1,165 $23,120 $6,600 $16,520
2022 $1,165 $23,120 $6,600 $16,520
2021 $1,115 $23,120 $6,600 $16,520
2020 $1,099 $23,120 $6,600 $16,520
2019 $1,099 $19,960 $6,000 $13,960
2018 $1,099 $19,960 $6,000 $13,960
2017 $1,073 $19,960 $6,000 $13,960
2016 $1,031 $19,960 $6,000 $13,960
2015 $1,037 $19,960 $6,000 $13,960
2014 -- $21,200 $6,000 $15,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095914

Memphis Area Association of REALTORS®

APN: 094M-A-017.01