NOT LISTED FOR SALE

4678 Royal Ridge Dr Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $73,000 - $90,394

3 Beds
1 Bath
1,000-1,199 Sq Ft
$67/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $44,150 $37 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $464/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Wood Flooring
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of October 2020

Perfect home for a long term investor. Less than 4 miles from the new amazon warehouse. Close to the interstate. Already leased with a long term tenant. Call your realtor to make your offer today. Do not disturb tenant.

Last Agent to Sell the Property

Ricky Cooper

Realty Capital Management, LLC License #327439 Listed on: 08/16/2020

Last Buyer's Agent

?? ?

Reliable Realty & Property Mgt License #318200

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x115
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,169 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Iron Doors

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Royal Ridge Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090003 00005

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731A
  • MAAR Subdivision Name: ROYAL RIDGE BLK A
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1
  • Price Per Sq Ft: 37.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1169
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Master Bedroom: Level 1
  • Master Bedroom Dimensions: 10x11
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 59
  • Acreage: 0.15
  • Lot Size: 60X115
  • Price Per Acre: 299333

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090003 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Sep 29, 2020
Sold by
Ghuman Rehman Farooq
Bought by
Wyw Memphis Holdings Llc
Seller's Agent
Ricky Cooper
Realty Capital Management, LLC
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$49,900
Sold Price
$44,150
Premium/Discount to List
-$5,750
-11.52%
Current Estimated Value
$79,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,699
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Jun 6, 2011
Sold by
Hardin Enterprises Inc
Bought by
Farooq Rehman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,978
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2011
Sold by
Federal National Mortgage Association
Bought by
Hardin Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,978
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2011
Sold by
Chandel Vijaya K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 3, 2007
Sold by
Dhurco Llc
Bought by
Chandel Vijaya K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 16, 2006
Sold by
Frett Robert
Bought by
Dhuro Llc

Purchase Details

Closed on
Feb 28, 2006
Sold by
Webb William H and Cox Billy James
Bought by
Frett Robert

Purchase Details

Closed on
Nov 26, 2001
Sold by
Webb William H
Bought by
Webb William H and Cox Billy James
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
Wyw Memphis Holdings Llc $44,900 Executive Ttl & Closing Inc
Farooq Rehman $12,000 None Available
Hardin Enterprises Inc $11,000 Title Assurance & Escrow Inc
Federal National Mortgage Association $65,359 None Available
Chandel Vijaya K $71,000 Lenders Title & Escrow Llc
Chandel Vijaya K $71,000 Lenders Title & Escrow Llc
Dhuro Llc $37,000 Lenders Title & Escrow
Frett Robert $35,000 None Available
Webb William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farooq Rehman $30,978
Previous Owner Chandel Vijaya K $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $44,150 -1.7% $44 / Sq Ft
09/08/2020 09/08/20 Price Changed $44,900 -10.0% $45 / Sq Ft
08/16/2020 08/16/20 For Sale $49,900 -- $50 / 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 -- $20,275 $2,300 $17,975
2024 $499 $14,725 $2,025 $12,700
2023 $897 $14,725 $2,025 $12,700
2022 $897 $14,725 $2,025 $12,700
2021 $508 $14,725 $2,025 $12,700
2020 $728 $10,050 $2,025 $8,025
2019 $321 $10,050 $2,025 $8,025
2018 $321 $10,050 $2,025 $8,025
2017 $329 $10,050 $2,025 $8,025
2016 $450 $10,300 $0 $0
2014 $450 $10,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10082920

Memphis Area Association of REALTORS®

APN: 09-0003-0-0005