$18,600
SOLD MAY 24, 2019
3 Beds
1 Bath
100-999 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

7% Below List Price

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property
  • Wood Flooring
  • Level Lot

About This Home

As of January 2021

Great chance to own a positive cash flow investment property. Priced to sell! *DO not disturb tenants* currently occupied until 06/30/2019 @ $545 a month. Please make offer contingent upon inspection. Currently managed by a local professional company.

Last Agent to Sell the Property

Danielle Holland

Reedy & Company, REALTORS License #331914 Listed on: 05/13/2019

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

  • $477

Year Built

  • Built in 1959

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x177
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 845 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Ridgegrove Re A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071059 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$477

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: 24
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 845
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 65
  • Acreage: 0.2
  • Lot Size: 50x177
  • Price Per Acre: 99500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 071059 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 15, 2021
Sold by
Kovats Raymond
Bought by
Bienstock Rebecca
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$55,000
Sold Price
$53,500
Premium/Discount to List
-$1,500
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$42,800
Outstanding Balance
$38,374
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$44,264

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 24, 2020
Sold by
Marchoindo Charlie
Bought by
Kovats Raymond
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$33,900
Sold Price
$25,900
Premium/Discount to List
-$8,000
-23.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
865.04%
Original Mortgage
$31,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 13, 2019
Closed on
May 24, 2019
Sold by
Memphis Investment Properties Llc
Bought by
Marchionda Charles
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$19,900
Sold Price
$18,600
Premium/Discount to List
-$1,300
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.03%

Purchase Details

Closed on
Dec 31, 2015
Sold by
Reedy James E and Reedy Debra L
Bought by
Memphis Investment Properties Llc

Purchase Details

Closed on
Jan 11, 2005
Sold by
Raleigh Properties Llc
Bought by
Reedy Debra L

Purchase Details

Closed on
Dec 26, 2003
Sold by
Longo Lila M and Longo Joseph P
Bought by
Raleigh Properties Llc

Purchase Details

Closed on
Jun 12, 2001
Sold by
Longo James P and Longo Lila M
Bought by
Longo James P and Longo Lila M

Purchase Details

Closed on
Dec 19, 1996
Sold by
Weiss Arnold M
Bought by
Hud
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 Type Sale Price Title Company
Warranty Deed $53,500 Local Title Llc
Warranty Deed $25,900 Local Title & Closing Svc
Warranty Deed $18,600 Closetrak Closing & Ttl Svcs
Quit Claim Deed -- Delta Title Services Llc
Quit Claim Deed -- --
Quit Claim Deed -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Trustee Deed $29,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,800 New Conventional
Previous Owner $31,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 For Sale $79,500 +48.6% $99 / Sq Ft
01/19/2021 01/19/21 Sold $53,500 -2.7% $63 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $55,000 +112.4% $65 / Sq Ft
09/23/2020 09/23/20 Sold $25,900 -23.6% $259 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $33,900 +82.3% $339 / Sq Ft
05/24/2019 05/24/19 Sold $18,600 -6.5% $186 / Sq Ft
05/13/2019 05/13/19 For Sale $19,900 -- $199 / 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 $477 $18,600 $1,375 $17,225
2024 $477 $14,075 $1,250 $12,825
2023 $857 $14,075 $1,250 $12,825
2022 $857 $14,075 $1,250 $12,825
2021 $616 $10,000 $1,250 $8,750
2020 $504 $6,950 $1,250 $5,700
2019 $222 $6,950 $1,250 $5,700
2018 $222 $6,950 $1,250 $5,700
2017 $227 $6,950 $1,250 $5,700
2016 $315 $7,200 $0 $0
2014 $315 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052461

Memphis Area Association of REALTORS®

APN: 07-1059-0-0032