Seller's Agent in 2022
Jim Reedy
Reedy & Company, REALTORS
(901) 842-0805
414 Total Sales
471 Ferncliff Cove Memphis, TN 38127
Estimated Value: $110,000 - $129,000
3
Beds
1
Bath
1,000-1,199
Sq Ft
$99/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Den
- Tile Flooring
- Traditional Architecture
- Some Wood Windows
- Central Heating and Cooling System
About This Home
As of April 2022Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $850 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Last Agent to Sell the Property
Reedy & Company, REALTORS License #15602 Listed on: 12/20/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $590
Year Built
- Built in 1973
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 59x118
- Level Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,141 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Den
- Iron Doors
- Updated Kitchen
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- Northaven Sec F Subdivision
Listing and Financial Details
- Assessor Parcel Number D0134 O00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2021
Closed on
Apr 28, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Hines Russell Paul
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$119,800
Sold Price
$119,800
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$723
Avg. Annual Appreciation
-0.27%
Original Mortgage
$78,750
Outstanding Balance
$74,346
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$44,366
Purchase Details
Listed on
Oct 31, 2021
Closed on
Nov 13, 2021
Sold by
Rash Penny
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Penny Rash
Assured Real Estate Services
Buyer's Agent
Penny Rash
Assured Real Estate Services
List Price
$115,000
Sold Price
$90,000
Premium/Discount to List
-$25,000
-21.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.27%
Original Mortgage
$100,000
Interest Rate
3.14%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 7, 2019
Sold by
Tolley Jackson E
Bought by
Rash Hubbert
Purchase Details
Listed on
May 8, 2012
Closed on
Jun 25, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Rash Penny
Seller's Agent
Jennifer Sullivan
Real Estate Network
Buyer's Agent
Stanley Echols
Crye-Leike, Inc., REALTORS
List Price
$16,000
Sold Price
$16,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.34%
Purchase Details
Listed on
May 8, 2012
Closed on
May 2, 2012
Sold by
Biggs Michal
Bought by
The Secretary Of The Department Of Housi
Seller's Agent
Jennifer Sullivan
Real Estate Network
Buyer's Agent
Stanley Echols
Crye-Leike, Inc., REALTORS
List Price
$16,000
Sold Price
$16,000
Purchase Details
Closed on
Sep 30, 2009
Sold by
Stephens Andre
Bought by
Biggs Michal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,877
Interest Rate
5.05%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 30, 2008
Sold by
The Cit Group/Consumer Finance Inc
Bought by
E & I Property Group Inc
Purchase Details
Closed on
Jul 2, 2008
Sold by
Braden Jackie
Bought by
The Cit Group/Consumer Finance Inc
Purchase Details
Closed on
Feb 28, 2007
Sold by
Richmond Roderick F
Bought by
Braden Jackie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
9.15%
Mortgage Type
Balloon
Purchase Details
Closed on
Jul 21, 2005
Sold by
Betts Tracy A
Bought by
Washington Mutual Bank Fa
Purchase Details
Closed on
Jun 24, 2005
Sold by
Washington Mutual Bank Fa
Bought by
Braden Curtis
Purchase Details
Closed on
May 27, 2005
Sold by
Betts Tracy A
Bought by
Washington Mutual Bank Fa
Purchase Details
Closed on
May 26, 1999
Sold by
Ray Lee Investment Company Inc
Bought by
Betts Tracy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,894
Interest Rate
6.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 26, 1999
Sold by
Harris Carla E
Bought by
Ray Lee Investment Company Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.72%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hines Russell Paul | $119,800 | Delta Title Services | |
| Memphis Investment Properties Iii Llc | $90,000 | Delta Title Services Llc | |
| Rash Hubbert | $1,500 | None Available | |
| Rash Penny | $16,000 | None Available | |
| The Secretary Of The Department Of Housi | $63,490 | None Available | |
| Biggs Michal | $62,000 | C & T Title | |
| E & I Property Group Inc | $11,000 | Edco Title & Closing Service | |
| The Cit Group/Consumer Finance Inc | $14,298 | None Available | |
| Braden Jackie | $70,000 | Summit Title & Escrow | |
| Washington Mutual Bank Fa | $55,000 | -- | |
| Braden Curtis | $32,500 | -- | |
| Washington Mutual Bank Fa | $55,000 | -- | |
| Betts Tracy A | $46,500 | -- | |
| Ray Lee Investment Company Inc | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hines Russell Paul | $78,750 | |
| Previous Owner | Memphis Investment Properties Iii Llc | $100,000 | |
| Previous Owner | Biggs Michal | $60,877 | |
| Previous Owner | Braden Jackie | $59,500 | |
| Previous Owner | Betts Tracy A | $45,894 | |
| Previous Owner | Ray Lee Investment Company Inc | $5,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $119,800 | 0.0% | $120 / Sq Ft | |
| 12/20/2021 12/20/21 | Pending | -- | -- | -- | |
| 12/20/2021 12/20/21 | For Sale | $119,800 | +33.1% | $120 / Sq Ft | |
| 12/13/2021 12/13/21 | Sold | $90,000 | -21.7% | $90 / Sq Ft | View Prior Sale |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- | |
| 10/31/2021 10/31/21 | For Sale | $115,000 | +618.8% | $115 / Sq Ft | |
| 06/25/2012 06/25/12 | Sold | $16,000 | 0.0% | $16 / Sq Ft | View Prior Sale |
| 05/25/2012 05/25/12 | Pending | -- | -- | -- | |
| 05/08/2012 05/08/12 | For Sale | $16,000 | -- | $16 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $590 | $31,300 | $2,000 | $29,300 |
| 2024 | $590 | $17,400 | $1,475 | $15,925 |
| 2023 | $590 | $17,400 | $1,475 | $15,925 |
| 2022 | $590 | $17,400 | $1,475 | $15,925 |
| 2021 | $505 | $12,475 | $1,475 | $11,000 |
| 2020 | $343 | $8,475 | $1,475 | $7,000 |
| 2019 | $343 | $8,475 | $1,475 | $7,000 |
| 2018 | $343 | $8,475 | $1,475 | $7,000 |
| 2017 | $348 | $8,475 | $1,475 | $7,000 |
| 2016 | $414 | $9,475 | $0 | $0 |
| 2014 | $414 | $9,475 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Reedy
-
Bradley Reedy
B
Buyer's Agent in 2022
Bradley Reedy
Reedy & Company, REALTORS
(901) 842-0805
431 Total Sales
-
P
Seller's Agent in 2021
Penny Rash
Assured Real Estate Services
-
J
Seller's Agent in 2012
Jennifer Sullivan
Real Estate Network
-
D
Seller Co-Listing Agent in 2012
Darnell Tate
Byrd Realty Services, LLC
-
Stanley Echols
Buyer's Agent in 2012
Stanley Echols
Crye-Leike
(901) 497-0269
19 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10114666
APN: D0-134-O-00016
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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