NOT LISTED FOR SALE

50 Eric Ln W Ramer, TN 38367

Estimated Value: $141,000 - $230,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $145,000 $104 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,034/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Porch
  • Vaulted Ceiling
  • Separate Formal Living Room
  • Eat-In Kitchen

About This Home

As of October 2022

This 3 bed, 2 bath home boasts 1230 heated sq ft, trayed ceilings in the living room, large primary suite with double bowl vanity, decorative columns entering the dining area, stainless appliances, large 16x18 covered back deck, storage building with electric, and fenced in backyard located at the end of the street.

Last Listed By

Brooke Redmon Benton

Action Realty License #301391 Listed on: 10/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $481

Year Built

  • Built in 2001

Lot Details

  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,230 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Separate Formal Living Room
  • Partially Carpeted
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$481

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 6950
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1
  • Price Per Sq Ft: 117.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1230
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet, Level 1
  • Bedroom 3 Description: Carpet, Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1

Exterior Features

  • Misc Exterior: Storage Building, Porch, Deck
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Sewer, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 2
  • Lot Size: 0.86

Multi Family

  • Number Of Rooms: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Oct 27, 2022
Sold by
Henry Donna
Bought by
Hall Christopher P and Babcock Johnnie Rebeccca
Seller's Agent
Brooke Redmon Benton
Action Realty
Buyer's Agent
Brooke Redmon Benton
Action Realty
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Total Days on Market
4
Views
48
Current Estimated Value
$179,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,274
Avg. Annual Appreciation
8.78%
Original Mortgage
$144,500
Outstanding Balance
$85,791
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$93,483

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 14, 2018
Sold by
Rich Mary Lavada
Bought by
Henry Donna
Seller's Agent
Rhonda Wheeler
Farm & Home Realty
Buyer's Agent
Brooke Redmon Benton
Action Realty
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$107,908
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 22, 2016
Closed on
Sep 27, 2016
Sold by
Wells Fargo Bank Na
Bought by
Rich Mary Lavada
Seller's Agent
Larry Raines
Larry Raines Realty
Buyer's Agent
Darlene Cagle
Molly Moore Realty
List Price
$62,400
Sold Price
$69,000
Premium/Discount to List
$6,600
10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.21%

Purchase Details

Closed on
Aug 1, 2016
Sold by
Faulkner Jacob
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Aug 18, 2015
Sold by
Faulkner Jacob Amanda
Bought by
Faulkner Jacob

Purchase Details

Listed on
Jun 3, 2013
Closed on
Sep 4, 2013
Sold by
Meador Gregory C
Bought by
Faulkner Jacob and Faulkner Amanda
Seller's Agent
Peggy Griffin
Southern Realty Company
Buyer's Agent
Peggy Griffin
Southern Realty Company
List Price
$85,900
Sold Price
$85,500
Premium/Discount to List
-$400
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$87,244
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2011
Sold by
Home Banking Co Inc
Bought by
Meador Gregory C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,737
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2010
Sold by
Bright Timothy W
Bought by
Home Bank Co Inc

Purchase Details

Closed on
Apr 18, 2001
Bought by
Bright Timothy W and Bright Lisa R

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 Buyer Sale Price Title Company
Hall Christopher P $145,000 --
Henry Donna $109,900 --
Rich Mary Lavada $69,000 --
Wells Fargo Bank $62,400 --
Faulkner Jacob -- --
Faulkner Jacob -- --
Faulkner Jacob $85,500 --
Meador Gregory C $69,500 --
Home Bank Co Inc $60,000 --
Bright Timothy W $9,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Christopher P $144,500
Previous Owner Henry Donna $105,901
Previous Owner Henry Donna $107,908
Previous Owner Faulkner Jacob $87,244
Previous Owner Meador Gregory C $67,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $145,000 -6.5% $121 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $155,000 +41.0% $129 / Sq Ft
11/15/2018 11/15/18 Sold $109,900 0.0% $92 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $109,900 +59.3% $92 / Sq Ft
10/19/2016 10/19/16 Sold $69,000 +10.6% $58 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $62,400 -27.0% $52 / Sq Ft
09/04/2013 09/04/13 Sold $85,500 -0.5% $71 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $85,900 -- $72 / 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
2024 $481 $30,475 $2,000 $28,475
2023 $481 $30,475 $2,000 $28,475
2022 $481 $30,475 $2,000 $28,475
2021 $426 $20,800 $1,975 $18,825
2020 $423 $20,800 $1,975 $18,825
2019 $423 $20,675 $1,975 $18,700
2018 $423 $20,675 $1,975 $18,700
2017 $423 $20,675 $1,975 $18,700
2016 $415 $20,675 $1,975 $18,700
2015 $432 $20,675 $1,975 $18,700
2014 $430 $20,550 $2,175 $18,375
Source: Public Records

Agents Affiliated with this Home

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Source: Memphis Area Association of REALTORS®

MLS Number: 10134714

Memphis Area Association of REALTORS®

APN: 139-008.15