NOT LISTED FOR SALE

5331 Rich Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $329,000 - $363,000

3 Beds
2 Baths
1,688 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2014

Last sale price $222,500 $132 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,073 / mo

46 Days on Market

Highlights

  • 0.96 Acre Lot
  • Traditional Architecture
  • Separate Formal Living Room
  • Richland Elementary School Rated 9+
  • Wood Flooring
  • 4-minute walk to Brennan Park

About This Home

As of October 2014

Amazing opportunity!! House was struck by lighting in 2011. Insurance replaced HVAC, water heater, roof and refinished all wood floors. House is freshly painted inside. Like a new house with tile floors and pretty views from every room! 3br/2ba ready to move in or expand to your dream home. Beautiful .96 ac park Like yard! All this and Richland Elem, WS Middle and HS!! Detached garage being sold "as is". HUGE price reduction! VERY motivated sellers. Bring your offer today!!

Last Agent to Sell the Property

Lynda Baddour

Ware Jones, REALTORS License #300143 Listed on: 08/04/2014

Ware Jones, REALTORS

Last Buyer's Agent

Chris Garland

Crye-Leike, Inc., REALTORS License #232993

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 41,818 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

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

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Westview Land Co Richland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068020 00006

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.96 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WESTVIEW LAND CO
  • List Price Per Sq Ft: 154
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1688
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Washer/Dryer Connections
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 4
  • Parking Display: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 10
  • Acreage: 0.96
  • Lot Size: .96

Tax Info

  • Assessor Parcel Number: 068020 00006

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Oct 21, 2014
Sold by
Bought by
Seller's Agent
Lynda Baddour
Ware Jones, REALTORS
Buyer's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
List Price
$275,000
Sold Price
$222,500
Premium/Discount to List
-$52,500
-19.09%
Current Estimated Value
$346,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,575
Avg. Annual Appreciation
3.86%
Original Mortgage
$178,000
Outstanding Balance
$136,872
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$209,203

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$222,500 None Available
-- Memphis Title
-- Memphis Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $178,000
Previous Owner $4,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $222,500 -19.1% $132 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $275,000 -- $163 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,494 $92,725 $43,750 $48,975
2024 $2,238 $66,025 $46,875 $19,150
2023 $4,022 $66,025 $46,875 $19,150
2022 $4,022 $66,025 $46,875 $19,150
2021 $4,069 $66,025 $46,875 $19,150
2020 $4,886 $67,425 $46,875 $20,550
2019 $4,886 $67,425 $46,875 $20,550
2018 $4,886 $67,425 $46,875 $20,550
2017 $2,771 $67,425 $46,875 $20,550
2016 $2,863 $65,525 $0 $0
2014 $2,863 $65,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynda Baddour

    Seller's Agent in 2014

    Lynda Baddour

    Ware Jones, REALTORS

    (901) 481-0843

    30 in this area

    164 Total Sales

    Lynda Baddour
    Section Image
  • Chris Garland

    Buyer's Agent in 2014

    Chris Garland

    Crye-Leike

    (901) 338-3226

    6 in this area

    120 Total Sales

    Chris Garland
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9932926

Memphis Area Association of REALTORS®

APN: 06-8020-0-0006

Tennessee Shelby County Memphis 38120 East Memphis

5331 Rich Rd, Memphis, TN

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