NOT LISTED FOR SALE

Estimated Value: $55,000 - $84,000

3 Beds
1 Bath
864 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $50,000 $58 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $405/month

59 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring
  • Separate Formal Living Room
  • Porch
  • Wood Fence

About This Home

As of August 2022

Great investment property for your Portfolio! 3 BR/ 1 BA home in quiet Frayser neighborhood ~ Home was updated prior to tenant moving in ~

Last Agent to Sell the Property

Donnie Morrow

eXp Realty, LLC License #327348 Listed on: 05/04/2022

eXp Realty, LLC

Co-Listed By

Mark Nichols

Fast Track Realty, LLC License #359052

Last Buyer's Agent

Marceline Williams

LPT Realty, LLC License #309240

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 5,663 Sq Ft Lot
  • Wood Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Community Details

  • Ridgegrove Re A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071066 00049

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RIDGEGROVE BLK A
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 864
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 143
  • Acreage: 0.13
  • Lot Size: 5,750 SF

Tax Info

  • Assessor Parcel Number: 071066 00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 1, 2022
Sold by
Justice Atkins
Bought by
Walker Tracy
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Marceline Williams
LPT Realty, LLC
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Current Estimated Value
$72,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,491
Avg. Annual Appreciation
11.26%

Purchase Details

Listed on
May 4, 2022
Closed on
Jul 29, 2022
Sold by
Edwick Scales
Bought by
Atkins Justice
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Marceline Williams
LPT Realty, LLC
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%

Purchase Details

Closed on
Dec 6, 2021
Sold by
J & J Reic Llc
Bought by
Atkins Justice

Purchase Details

Closed on
Aug 10, 2020
Sold by
Scales Edwick G
Bought by
J & J Reic Llc

Purchase Details

Closed on
Jun 10, 2020
Sold by
Scales George and Scales Elsie Mae
Bought by
J & J Reic Llc

Purchase Details

Closed on
May 30, 2017
Sold by
Scales George and Scales Elsie Mae
Bought by
Scales Edwick G

Purchase Details

Closed on
May 10, 2017
Sold by
Scales Arthur Lee
Bought by
Scales Edwick G

Purchase Details

Closed on
May 21, 2010
Sold by
Fannie Mae
Bought by
Scales Chester Lee

Purchase Details

Closed on
Mar 26, 2010
Sold by
Tefera Nicole A and Tefera Samuel J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2005
Sold by
Thomas Carlos
Bought by
Tefera Samuel

Purchase Details

Closed on
Apr 14, 2004
Sold by
Matlock Lawrence B
Bought by
Flagstar Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Addison Theolia M
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walker Tracy $50,000 Foundation Title & Escrow
Atkins Justice -- None Listed On Document
Atkins Justice -- None Available
J & J Reic Llc -- None Available
J & J Reic Llc -- None Available
Scales Edwick G -- None Available
Scales Edwick G -- None Available
Scales Chester Lee $4,050 Ctc
Federal National Mortgage Association $44,247 None Available
Tefera Samuel -- --
Thomas Carlos $16,000 --
Flagstar Bank Fsb $41,100 --
Matlock Lawrence B $48,000 Chicago Title Insurance Co
Hud $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matlock Lawrence B $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $50,000 -16.7% $58 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $60,000 -7.7% $69 / Sq Ft
06/02/2022 06/02/22 Price Changed $65,000 -7.1% $75 / Sq Ft
05/04/2022 05/04/22 For Sale $70,000 -- $81 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $332 $14,200 $1,375 $12,825
2024 $332 $9,800 $1,250 $8,550
2023 $597 $9,800 $1,250 $8,550
2022 $597 $9,800 $1,250 $8,550
2021 $710 $9,800 $1,250 $8,550
2019 $232 $7,250 $1,250 $6,000
2018 $232 $7,250 $1,250 $6,000
2017 $237 $7,250 $1,250 $6,000
2016 $327 $7,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10123223

Memphis Area Association of REALTORS®

APN: 07-1066-0-0049