NOT LISTED FOR SALE

5097 Rich Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $227,000 - $278,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $260,000 $186 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,500/month

117 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Attic
  • Richland Elementary School Rated 9+
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of August 2023

Jewel of a home in great location! Gorgeous hardwood floors throughout. Tile in baths. 3rd bedroom could also function as a den. HVAC system replaced 2019. Seller had gutter guards installed. Kitchen refrigerator, washer & dryer can stay (not warrantied). Covered front porch & covered patio in back yard. Good storage with large attic space. All main line pipes in attic just replaced with flex-pipes. Seller prefers selling "as is". Normandy Meadows home near all the conveniences of East Memphis!

Last Agent to Sell the Property

Karen Newton

John Green & Co., REALTORS License #307977 Listed on: 03/31/2023

Last Buyer's Agent

Lisa Hendrickson

Groome & Co. License #360025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,345 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Storage Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Storm Windows
  • Storm Doors
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Normandy Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064023 00001

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Mary Ann
  • MAAR Subdivision Name: NORMANDY MEADOWS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1345
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Attic Access, Security System, Monitored Alarm
  • Other Rooms: Attic
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Corner, Landscaped, Chain Fenced
  • Lot Number: 38
  • Acreage: 0.24
  • Lot Size: 75X140

Tax Info

  • Assessor Parcel Number: 064023 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Aug 25, 2023
Sold by
Hight Lisa J
Bought by
Ables Christopher Ryan
Seller's Agent
Karen Newton
John Green & Co., REALTORS
Buyer's Agent
Lisa Hendrickson
Groome & Co.
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Views
191
Current Estimated Value
$256,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,012
Avg. Annual Appreciation
-0.45%
Original Mortgage
$208,000
Outstanding Balance
$203,234
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$53,754

Purchase Details

Listed on
Jul 10, 2012
Closed on
Oct 24, 2012
Sold by
Akin Zeynep O and Ozdamar Zeynep
Bought by
Hight Lisa J
Seller's Agent
Molly Plunk
Crye-Leike, Inc., REALTORS
Buyer's Agent
Karen Newton
John Green & Co., REALTORS
List Price
$152,900
Sold Price
$149,000
Premium/Discount to List
-$3,900
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$146,301
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Pehlman Gina Lee and Higley Gayle Pehlman
Bought by
Ozdamar Zeynep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,800
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2005
Sold by
Pehlman Wanda M
Bought by
Pehlman Wanda Megredy and The Wanda Megredy Pehlman Living Trust

Purchase Details

Closed on
Oct 31, 2003
Sold by
Murphree William Walter
Bought by
Pehlman Wanda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ables Christopher Ryan $260,000 Executive Title & Closing
Hight Lisa J $149,000 --
Ozdamar Zeynep $162,250 Home Surety Title & Escrow
Pehlman Wanda Megredy -- --
Pehlman Wanda M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ables Christopher Ryan $208,000
Previous Owner Hight Lisa J $146,301
Previous Owner Ozdamar Zeynep $129,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $260,000 -3.7% $217 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $269,900 -1.9% $225 / Sq Ft
06/22/2023 06/22/23 Price Changed $275,000 -1.8% $229 / Sq Ft
03/31/2023 03/31/23 For Sale $279,900 +87.9% $233 / Sq Ft
10/29/2012 10/29/12 Sold $149,000 -2.6% $111 / Sq Ft View Prior Sale
10/05/2012 10/05/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $152,900 -- $114 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,953 $63,375 $18,325 $45,050
2024 $1,953 $57,600 $19,325 $38,275
2023 $3,509 $57,600 $19,325 $38,275
2022 $3,509 $57,600 $19,325 $38,275
2021 $3,550 $57,600 $19,325 $38,275
2020 $3,023 $41,725 $19,325 $22,400
2019 $3,023 $41,725 $19,325 $22,400
2018 $3,023 $41,725 $19,325 $22,400
2017 $1,715 $41,725 $19,325 $22,400
2016 $1,688 $38,625 $0 $0
2014 $1,688 $38,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Karen Newton

    John Green & Co., REALTORS

    (901) 299-7612

    8 in this area

    43 Total Sales

    Karen Newton
    Section Image
  • Lisa Hendrickson

    Buyer's Agent in 2023

    Lisa Hendrickson

    Groome & Co.

    (901) 359-0625

    6 in this area

    41 Total Sales

    Lisa Hendrickson
    Section Image

  • M

    Seller's Agent in 2012

    Molly Plunk

    Crye-Leike

    (901) 754-0800

    2 in this area

    47 Total Sales

    Molly Plunk
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144934

Memphis Area Association of REALTORS®

APN: 06-4023-0-0001

Tennessee Shelby County Memphis 38117 East Memphis

5097 Rich Rd, Memphis, TN

Not Listed for Sale

Detached

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