NOT LISTED FOR SALE

Estimated Value: $77,000 - $111,209

2 Beds
1 Bath
864 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $25,000 $29 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $548/month

115 Days on Market

Highlights

  • Traditional Architecture
  • Storm Doors
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of May 2022

Investor Special! 2 BR/1 BA home with great potential! This home would be a great addition to any investors portfolio! Low taxes!

Last Agent to Sell the Property

Donnie Morrow

eXp Realty, LLC License #327348 Listed on: 01/03/2022

eXp Realty, LLC

Last Buyer's Agent

Garrett Von Flue

eXp Realty, LLC License #358389

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $324

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Separate Formal Living Room
  • Storm Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System

Community Details

  • Ridgegrove B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071064 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$324

Year Built

Built in 1960

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 B
  • List Price Per Sq Ft: 33
  • Number Of Stories: 1
  • Price Per Sq Ft: 28.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 864
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Textured Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Storm Door(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Water Sewer: Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 295
  • Acreage: 0.11
  • Lot Size: 5,073 SQFT
  • Price Per Acre: 259091

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 071064 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Parker Katherine
Bought by
Parker Family Revocable Trust and Parker
Current Estimated Value
$94,302

Purchase Details

Closed on
Sep 29, 2022
Sold by
Mid South Home Buyers Gp
Bought by
Parker Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,360
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2022
Closed on
May 19, 2022
Sold by
Garrett Vonflue
Bought by
Mid South Home Buyers Gp
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Garrett Von Flue
eXp Realty, LLC
List Price
$50,000
Sold Price
$25,000
Premium/Discount to List
-$25,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.19%

Purchase Details

Listed on
Jan 3, 2022
Closed on
May 12, 2022
Sold by
South Street Llc
Bought by
Vonflue Garrett
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Garrett Von Flue
eXp Realty, LLC
List Price
$50,000
Sold Price
$25,000
Premium/Discount to List
-$25,000
-50%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Prager Property Owner 2 Llc
Bought by
Ct Amm B1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,609,903
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2014
Sold by
Midsouth Investment Holdings
Bought by
Prager Property Owners 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 2, 2003
Sold by
Dancy Larry F and Dancy Patricia O
Bought by
Dancy Larry F and The Larry F Dancy Revocable Living Trust
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
Parker Family Revocable Trust -- None Listed On Document
Parker Katherine $109,200 --
Mid South Home Buyers Gp $36,000 Apperson Crump Plc
Vonflue Garrett $25,000 Foundation Title & Escrow
Ct Amm B1 Llc -- Attorney
Prager Property Owners 2 Llc $225,033 None Available
Dancy Larry F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Katherine $87,360
Previous Owner Ct Amm B 1 Llc $5,609,903
Previous Owner Prager Property Owner 2 Llc $50,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $25,000 -12.3% $29 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $28,500 -18.5% $33 / Sq Ft
04/05/2022 04/05/22 Price Changed $34,990 -22.2% $40 / Sq Ft
02/22/2022 02/22/22 Price Changed $45,000 -10.0% $52 / Sq Ft
01/03/2022 01/03/22 For Sale $50,000 +376.2% $58 / Sq Ft
04/16/2014 04/16/14 Sold $10,500 -22.2% $105 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $13,500 -- $135 / 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 $324 $14,150 $1,375 $12,775
2024 $324 $9,550 $1,250 $8,300
2023 $582 $9,550 $1,250 $8,300
2022 $582 $9,550 $1,250 $8,300
2021 $691 $9,550 $1,250 $8,300
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: 10115233

Memphis Area Association of REALTORS®

APN: 07-1064-0-0005