NOT LISTED FOR SALE

Estimated Value: $191,000 - $250,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 17, 2015

Last sale price $85,000 $53 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,229/month

Highlights

  • Fireplace in Primary Bedroom
  • Den
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • 2 Car Attached Garage

About This Home

As of March 2015

This home is located at 5003 Craigmont Dr, Memphis, TN 38128 since 07 December 2014 and is currently estimated at $214,437, approximately $153 per square foot. This property was built in 1978. 5003 Craigmont Dr is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

Last Agent to Sell the Property

Dianne Johnson

Crye-Leike, Inc., REALTORS License #285952 Listed on: 12/07/2014

Last Buyer's Agent

Dianne Johnson

Crye-Leike, Inc., REALTORS License #285952 Listed on: 12/07/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Landscaped
  • Level Lot

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,510 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Dining Room
  • Den
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Additional Features

  • Porch
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Raleigh Ridge Park Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 087053 A00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1978

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Covington Pike
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH RIDGE PARK
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Price Per Sq Ft: 56.29
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1510
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Fireplace

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 180
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 25
  • Acreage: 0.28
  • Lot Size: 79.84/94 X 148.89/141.23
  • Price Per Acre: 312500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087053 A00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2014
Closed on
Mar 17, 2015
Sold by
Craft Ray and Craft Chiquita
Bought by
Person Diane
Seller's Agent
Dianne Johnson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Dianne Johnson
Crye-Leike, Inc., REALTORS
List Price
$87,500
Sold Price
$85,000
Premium/Discount to List
-$2,500
-2.86%
Current Estimated Value
$214,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,437
Avg. Annual Appreciation
9.15%
Original Mortgage
$3,012
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2013
Sold by
Craft Montrell Anthony
Bought by
Craft Ray and Craft Chiquita

Purchase Details

Closed on
May 4, 2012
Sold by
Craft Ray and Craft Chiquita
Bought by
Craft Motrell Anthony

Purchase Details

Closed on
May 12, 2000
Sold by
Lorency Joseph E and Lorency Sherry M
Bought by
Craft Ray and Craft Chiquita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,916
Interest Rate
7.82%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Person Diane $87,500 Preferred Title & Escrow Llc
Craft Ray -- None Available
Craft Motrell Anthony -- None Available
Craft Ray $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Person Diane $3,012
Open Person Diane $85,914
Previous Owner Craft Ray $93,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2015 03/17/15 Sold $85,000 -2.9% $61 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/07/2014 12/07/14 For Sale $87,500 -- $63 / 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 $918 $48,900 $6,250 $42,650
2024 $918 $27,075 $5,225 $21,850
2023 $1,649 $27,075 $5,225 $21,850
2022 $1,649 $27,075 $5,225 $21,850
2021 $1,669 $27,075 $5,225 $21,850
2020 $1,382 $19,075 $5,225 $13,850
2019 $1,382 $19,075 $5,225 $13,850
2018 $1,382 $19,075 $5,225 $13,850
2017 $784 $19,075 $5,225 $13,850
2016 $794 $18,175 $0 $0
2014 $794 $18,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9941436

Memphis Area Association of REALTORS®

APN: 08-7053-A0-0025