NOT LISTED FOR SALE

5363 Farm Ridge Dr Memphis, TN 38141

Parkway Village Neighborhood

Estimated Value: $173,000 - $208,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $48,240 $40 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,066/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Eat-In Kitchen
  • 1 Fireplace
  • 1 Car Attached Garage
  • Patio

About This Home

As of October 2012

This is HUD Case #482-366413 and is sold in as-is condition. This is a great property for an outstanding price! This brick 3 bedroom 2 bath home offers an open floor plan, corner fireplace in living room, privacy fenced yard, and more!

Last Agent to Sell the Property

Elizabeth Glosson

Fast Track Realty, LLC License #282986 Listed on: 07/19/2012

Co-Listed By

Greg Glosson

Fast Track Realty, LLC License #262724

Last Buyer's Agent

Benolyn Craig

CB Properties of Memphis, LLC License #320646

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,101 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Ragan Farms Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255J B00021

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 774A
  • MAAR Subdivision Name: RAGAN FARMS SEC B
  • Number Of Stories: 1
  • Price Per Sq Ft: 43.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1101
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 113
  • Acreage: 0.18
  • Lot Size: 7672 SF .18 AC 55 X 120

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0255J B00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Oct 26, 2012
Sold by
Craig Alex
Bought by
Mckinzie Michael and Mckinzie Eva
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$45,000
Sold Price
$48,240
Premium/Discount to List
$3,240
7.2%
Current Estimated Value
$186,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,674
Avg. Annual Appreciation
10.98%

Purchase Details

Listed on
Jul 19, 2012
Closed on
Oct 23, 2012
Sold by
Secretary Of Housing & Urban Developme
Bought by
Craig Alex
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$45,000
Sold Price
$48,240
Premium/Discount to List
$3,240
7.2%

Purchase Details

Closed on
Apr 19, 2012
Sold by
Estrada Luis Antonio
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 31, 2003
Sold by
Behles Fred G
Bought by
Estrada Luis Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,594
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2000
Sold by
Don Mcmahon
Bought by
Hud

Purchase Details

Closed on
Sep 4, 1998
Sold by
Southland Capital Llc
Bought by
Mcmahon Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,229
Interest Rate
6.99%
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
Mckinzie Michael $56,000 None Available
Craig Alex $48,240 --
Secretary Of Housing & Urban Development $84,260 None Available
Estrada Luis Antonio $91,000 Stewart Title Of Memphis Inc
Hud $104,000 --
Mcmahon Don $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrada Luis Antonio $89,594
Previous Owner Mcmahon Don $92,229
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $48,240 +7.2% $48 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $45,000 -- $45 / 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 -- $40,700 $8,750 $31,950
2024 -- $30,400 $6,850 $23,550
2023 $1,031 $30,400 $6,850 $23,550
2022 $1,031 $30,400 $6,850 $23,550
2021 $1,049 $30,400 $6,850 $23,550
2020 $844 $20,850 $5,000 $15,850
2019 $844 $20,850 $5,000 $15,850
2018 $844 $20,850 $5,000 $15,850
2017 $857 $20,850 $5,000 $15,850
2016 $849 $19,425 $0 $0
2014 $849 $19,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Glosson

    Seller's Agent in 2012

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    1 in this area

    124 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    1 in this area

    13 Total Sales

    Greg Glosson
    Section Image

  • B

    Buyer's Agent in 2012

    Benolyn Craig

    CB Properties of Memphis, LLC

    (901) 240-8111

    2 Total Sales

    Benolyn Craig
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3252225

Memphis Area Association of REALTORS®

APN: D0-255J-B0-0021

Tennessee Shelby County Memphis 38141 Parkway Village

5363 Farm Ridge Dr, Memphis, TN

This home is located at 5363 Farm Ridge Dr, Memphis, TN 38141 since 19 July 2012 and is currently estimated at $186,914, approximately $155 per square foot. This property was built in 1998. 5363 Farm Ridge Dr is a home located in Shelby County with nearby schools including Ross Elementary School, Kirby High School, and Memphis Business Academy Hickory Hill Middle School.

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