NOT LISTED FOR SALE

5375 Farm Ridge Dr Memphis, TN 38141

Parkway Village Neighborhood

Estimated Value: $191,000 - $239,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $170,000 $94 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,248/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1 Fireplace
  • Patio
  • 2 Car Garage

About This Home

As of December 2017

Gorgeous, newly renovated 3 BR, 2BA house available. Home includes brand new flooring, tile, and carpets. Kitchen comes with newly installed stone countertops. House has vaulted ceilings and crown molding throughout with the added bonus of a gas fireplace. Located in a charming neighborhood with a fenced-in backyard and picturesque pergola for outdoor dining. Amazing offer for value; will not last! Schedule a viewing today!

Last Agent to Sell the Property

Gregory Griffin

Franchise Realty, LLC License #306427 Listed on: 10/11/2017

Last Buyer's Agent

Mark Matthews

Keller Williams License #219807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,734 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • 1 Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Ragan Farms Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255J B00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,331

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
  • List Price Per Sq Ft: 86
  • Number Of Stories: 1
  • Price Per Sq Ft: 98.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1734
  • 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: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Sprayed Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 110
  • Acreage: 0.17
  • Lot Size: 7589 SF .17 AC 55 X 120
  • Price Per Acre: 881765

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0255J B00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 18, 2018
Sold by
My Good Deal Llc
Bought by
Pointer Marlo and Pointer Lynette T
Seller's Agent
Gregory Griffin
Franchise Realty, LLC
Buyer's Agent
Mark Matthews
Keller Williams
List Price
$129,900
Sold Price
$170,000
Premium/Discount to List
$40,100
30.87%
Current Estimated Value
$216,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,824
Avg. Annual Appreciation
3.16%
Original Mortgage
$127,645
Outstanding Balance
$108,558
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$108,266

Purchase Details

Closed on
Feb 17, 2016
Sold by
Johnson Stanley
Bought by
My Good Deal Llc

Purchase Details

Closed on
Nov 19, 2014
Sold by
Johnson Jacqueline K
Bought by
Johnson Stanley

Purchase Details

Closed on
Jul 1, 1998
Sold by
Southland Capital Llc
Bought by
Johnson Stanley and Johnson Jacqueline K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,291
Interest Rate
7.1%
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
Pointer Marlo $130,000 None Available
My Good Deal Llc $1,530 None Available
Johnson Stanley -- None Available
Johnson Stanley $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pointer Marlo $127,645
Previous Owner Johnson Stanley $122,291
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $170,000 +30.9% $106 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $129,900 -- $81 / 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 $1,331 $53,150 $8,750 $44,400
2024 $1,331 $39,275 $6,850 $32,425
2023 $1,331 $39,275 $6,850 $32,425
2022 $1,331 $39,275 $6,850 $32,425
2021 $1,355 $39,275 $6,850 $32,425
2020 $1,263 $31,175 $5,000 $26,175
2019 $1,263 $31,175 $5,000 $26,175
2018 $1,092 $26,975 $5,000 $21,975
2017 $1,109 $26,975 $5,000 $21,975
2016 $1,078 $24,675 $0 $0
2014 $1,078 $24,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregory Griffin

    Seller's Agent in 2017

    Gregory Griffin

    Franchise Realty, LLC

    (901) 644-3744

    4 in this area

    131 Total Sales

    Gregory Griffin
    Section Image

  • M

    Buyer's Agent in 2017

    Mark Matthews

    Keller Williams

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10013345

Memphis Area Association of REALTORS®

APN: D0-255J-B0-0018

Tennessee Shelby County Memphis 38141 Parkway Village

5375 Farm Ridge Dr, Memphis, TN

This home is located at 5375 Farm Ridge Dr, Memphis, TN 38141 since 11 October 2017 and is currently estimated at $216,824, approximately $120 per square foot. This property was built in 1998. 5375 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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