NOT LISTED FOR SALE

Estimated Value: $56,000 - $93,601

3 Beds
1 Bath
853 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $48,000 $56 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $441/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property has 3 Levels
  • No HOA

About This Home

As of February 2023

PRICE REDUCTION!!! Investor opportunity 3 bed 1 bath fixer upper selling as-is. Will put in ac unit with right offer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x113

Home Design

  • Traditional Architecture

Interior Spaces

  • 853 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ridgegrove B Subdivision

Listing and Financial Details

  • Tax Lot 246
  • Assessor Parcel Number 071065 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$577

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1960
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 853
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size: 50X113
  • Lot Size Units: Acres
  • Parcel #: 071065 00007
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 577
  • Tax Lot: 246

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 21, 2023
Sold by
Memphis Real Estate Ventures L
Bought by
Zerbo Richard
List Price
$65,000
Sold Price
$48,000
Premium/Discount to List
-$17,000
-26.15%
Current Estimated Value
$79,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,679
Avg. Annual Appreciation
15.19%
Original Mortgage
$83,120
Outstanding Balance
$80,461
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$7,311

Purchase Details

Listed on
Feb 6, 2023
Closed on
Feb 27, 2023
Sold by
Genent Llc
Bought by
Memphis Real Estate Ventures Llc
List Price
$65,000
Sold Price
$48,000
Premium/Discount to List
-$17,000
-26.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,120
Outstanding Balance
$80,461
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$7,311

Purchase Details

Closed on
Mar 11, 2022
Sold by
Mas Enterprises Llc
Bought by
Genent Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,390
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 29, 2015
Sold by
Duvarney Edward R
Bought by
Mas Enterprises Llc

Purchase Details

Closed on
Sep 20, 2000
Sold by
Robin Scott Properties
Bought by
Duvarney Edward R

Purchase Details

Closed on
Sep 18, 2000
Sold by
Robin Scott Properties
Bought by
Duvarney Edward R

Purchase Details

Closed on
Jul 1, 1999
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Jul 7, 1995
Bought by
Boyce Kimetra S

Purchase Details

Closed on
Dec 8, 1994
Bought by
Jimmy Grisham
Source: Public Records
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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
Zerbo Richard $103,900 Nexus Title & Escrow
Memphis Real Estate Ventures Llc $48,000 Nexus Title & Escrow
Genent Llc $36,500 Baymark Title & Escrow Service
Mas Enterprises Llc $129,814 Baymark Title & Escrow
Duvarney Edward R -- --
Duvarney Edward R -- --
Duvarney Edward R -- --
Duvarney Edward R -- --
Hud -- --
Tennessee Housing Development Agency $30,445 --
Hud -- --
Tennessee Housing Development Agency $30,445 --
Boyce Kimetra S $27,000 --
Jimmy Grisham $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zerbo Richard $83,120
Previous Owner Genent Llc $57,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2025 11/12/25 For Sale $65,000 +35.4% $76 / Sq Ft
02/28/2023 02/28/23 Sold $48,000 0.0% $56 / Sq Ft
02/28/2023 02/28/23 Sold $48,000 -12.6% $480 / Sq Ft View Prior Sale
02/06/2023 02/06/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $54,900 -6.9% $549 / Sq Ft
01/10/2023 01/10/23 Price Changed $59,000 -9.2% $590 / Sq Ft
12/27/2022 12/27/22 For Sale $65,000 -- $650 / Sq Ft
Source: Realtracs

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 $318 $13,925 $1,375 $12,550
2024 $318 $9,375 $1,250 $8,125
2023 $571 $9,375 $1,250 $8,125
2022 $571 $9,375 $1,250 $8,125
2021 $578 $9,375 $1,250 $8,125
2020 $513 $7,075 $1,250 $5,825
2019 $226 $7,075 $1,250 $5,825
2018 $226 $7,075 $1,250 $5,825
2017 $231 $7,075 $1,250 $5,825
2016 $319 $7,300 $0 $0
2014 $319 $7,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3044341

Realtracs

APN: 07-1065-0-0007

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