NOT LISTED FOR SALE

Estimated Value: $71,000 - $104,000

3 Beds
1 Bath
864 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $81,400 $94 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $573/month

38 Days on Market

About This Home

As of December 2021

Attention investors! Check out this cash flowing investment opportunity. This property is already occupied and cash flowing for $775/Month with a lease expiring on 09/13/2022. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/09/2021

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x111

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Ridgegrove B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071061 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 725B
  • MAAR Subdivision Name: RIDGEGROVE BLK B
  • List Price Per Sq Ft: 98
  • Number Of Stories: 1
  • Price Per Sq Ft: 94.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 864
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 341
  • Acreage: 0.14
  • Lot Size: 40X111
  • Price Per Acre: 606429

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071061 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 14, 2021
Sold by
Warjoy Holdings Llc
Bought by
Yoppini Jonathon Frank and Yoppini Ronnamari Grace
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$84,900
Sold Price
$81,400
Premium/Discount to List
-$3,500
-4.12%
Current Estimated Value
$95,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,507
Avg. Annual Appreciation
4.84%
Original Mortgage
$65,120
Outstanding Balance
$60,339
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$36,308

Purchase Details

Closed on
Sep 3, 2021
Sold by
Moore Tensia
Bought by
Warjoy Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2013
Sold by
Chaffin Elorise
Bought by
Frazier Kayla
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yoppini Jonathon Frank $81,400 Local Title Llc
Warjoy Holdings Llc $50,000 None Available
Frazier Kayla -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoppini Jonathon Frank $65,120
Previous Owner Warjoy Holdings Llc $60,000
Previous Owner Frazier Elloner $30,000
Previous Owner Frazier Elloner $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $81,400 -4.1% $94 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $84,900 -- $98 / 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 $514 $19,675 $1,375 $18,300
2024 $514 $15,150 $1,250 $13,900
2023 $923 $15,150 $1,250 $13,900
2022 $923 $15,150 $1,250 $13,900
2021 $264 $9,725 $1,250 $8,475
2020 $234 $7,325 $1,250 $6,075
2019 $234 $7,325 $1,250 $6,075
2018 $234 $7,325 $1,250 $6,075
2017 $240 $7,325 $1,250 $6,075
2016 $331 $7,575 $0 $0
2014 $331 $7,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112442

Memphis Area Association of REALTORS®

APN: 07-1061-0-0005