NOT LISTED FOR SALE

Estimated Value: $73,197 - $89,000

3 Beds
1 Bath
100-999 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $19,000 $19 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $480/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

About This Home

As of December 2019

Great opportunity for investor needing another investment before year end. New tenant lease agreement begins 12/1 at $550 per month.

Last Agent to Sell the Property

Kathy Newsom

BenchMark REALTORS, LLC License #258525 Listed on: 11/23/2019

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1959

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 110
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 864 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Ridgegrove Re Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071055 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$330

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725B
  • MAAR Subdivision Name: RIDGEGROVE BLK A
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Price Per Sq Ft: 21.99
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 864
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, W/D Connection in Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 14
  • Acreage: 0.12
  • Lot Size: 50 X 110
  • Price Per Acre: 183333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 071055 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2019
Closed on
Dec 30, 2019
Sold by
Excel Realty Group Llc
Bought by
Dong Weitong
Seller's Agent
Kathy Newsom
BenchMark REALTORS, LLC
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$22,000
Sold Price
$19,000
Premium/Discount to List
-$3,000
-13.64%
Current Estimated Value
$83,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,049
Avg. Annual Appreciation
29.71%

Purchase Details

Listed on
Nov 23, 2019
Closed on
Dec 23, 2019
Sold by
Dong Weitong
Bought by
Dong S Memphis First Invest Llc
Seller's Agent
Kathy Newsom
BenchMark REALTORS, LLC
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$22,000
Sold Price
$19,000
Premium/Discount to List
-$3,000
-13.64%

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 8, 2018
Sold by
Alexander April
Bought by
Excel Realty Group Llc
Seller's Agent
Kathy Newsom
BenchMark REALTORS, LLC
Buyer's Agent
Kathy Newsom
BenchMark REALTORS, LLC
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.71%

Purchase Details

Listed on
Aug 16, 2017
Closed on
Sep 6, 2017
Sold by
Memphis Investments Properties Llc
Bought by
Alexander April
Seller's Agent
Alexander Hugo
Reedy & Company, REALTORS
Buyer's Agent
Kathy Newsom
BenchMark REALTORS, LLC
List Price
$7,900
Sold Price
$6,750
Premium/Discount to List
-$1,150
-14.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1227.88%

Purchase Details

Closed on
Dec 31, 2014
Sold by
Tennessee Rehab Inc
Bought by
Memphis Investments Properties Llc

Purchase Details

Closed on
Dec 30, 2009
Sold by
Tennessee Rehab Inc
Bought by
Tennessee Investment Rental Properties L

Purchase Details

Closed on
Jun 11, 2002
Sold by
First Tennessee Bank Na
Bought by
Tennessee Rehab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 16, 2002
Sold by
Awtrey Todd and Awtrey Julie A
Bought by
First Tennessee Bank National Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
10%
Mortgage Type
Balloon
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
Dong Weitong $19,000 Memphis Title Company
Dong S Memphis First Invest Llc -- Accommodation
Excel Realty Group Llc $20,000 Edco Title & Closing Svcs In
Alexander April $6,750 Delta Title Services Llc
Memphis Investments Properties Llc -- None Available
Tennessee Investment Rental Properties L -- None Available
Tennessee Rehab Inc $11,000 --
First Tennessee Bank National Assn $7,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tennessee Rehab Inc $12,000
Previous Owner Awtrey Todd $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $19,000 -13.6% $190 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/23/2019 11/23/19 For Sale $22,000 +10.0% $220 / Sq Ft
02/08/2018 02/08/18 Sold $20,000 0.0% $200 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $20,000 +196.3% $200 / Sq Ft
09/06/2017 09/06/17 Sold $6,750 -14.6% $68 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $7,900 -- $79 / 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 $330 $14,100 $1,375 $12,725
2024 $330 $9,725 $1,250 $8,475
2023 $592 $9,725 $1,250 $8,475
2022 $592 $9,725 $1,250 $8,475
2021 $336 $9,725 $1,250 $8,475
2020 $520 $7,175 $1,250 $5,925
2019 $229 $7,175 $1,250 $5,925
2018 $229 $7,175 $1,250 $5,925
2017 $235 $7,175 $1,250 $5,925
2016 $324 $7,425 $0 $0
2014 $324 $7,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066635

Memphis Area Association of REALTORS®

APN: 07-1055-0-0025