NOT LISTED FOR SALE

5617 Rich Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $367,948 - $422,000

4 Beds
3 Baths
2,200-2,399 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $223,000 $93 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,266/month

104 Days on Market

Highlights

  • Updated Kitchen
  • Two Primary Bathrooms
  • Wood Flooring
  • Richland Elementary School Rated 9+
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of April 2015

Move in ready, one story home in great East Memphis location. Updated kitchen with granite countertops, stainless steel dishwasher, smooth top stove and wine fridge. Separate dining room, open living space and two master bedroom suites. Beautiful hardwood floors and smooth ceilings. Fenced yard and back patio.

Last Agent to Sell the Property

Jessica Brown

REMAX Experts License #289132 Listed on: 01/01/2015

REMAX Experts

Last Buyer's Agent

Jeffrey Britt

REMAX Experts License #329299

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 15,246 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,342 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Burglar Security System
  • Storm Windows

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Sylvan Hills Re S/D Of Lots 92 To 100 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068050 00001

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.35 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: N. Yates
  • MAAR Subdivision Name: SYLVAN HILLS
  • List Price Per Sq Ft: 98
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2342
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Pull Down Attic Stairs, Attic Access, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 102
  • Acreage: 0.35
  • Lot Size: .35 ac

Tax Info

  • Assessor Parcel Number: 068050 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2015
Closed on
Apr 30, 2015
Sold by
Jones Stephanie
Bought by
Turner Tanya and Turner Jonathan M
Seller's Agent
Jessica Brown
REMAX Experts
Buyer's Agent
Jeffrey Britt
REMAX Experts
List Price
$235,000
Sold Price
$223,000
Premium/Discount to List
-$12,000
-5.11%
Current Estimated Value
$388,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,237
Avg. Annual Appreciation
5.21%
Original Mortgage
$218,960
Outstanding Balance
$165,761
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$222,476

Purchase Details

Listed on
Jul 10, 2012
Closed on
Nov 30, 2012
Sold by
Chandler Sally Farrimond
Bought by
Jones Stephanie
Seller's Agent
Barbara Cowles
Hobson, REALTORS
Buyer's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$195,395
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 1999
Sold by
Karmel Douglas L and Karmel Karen W
Bought by
Chandler Sally Farrimond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 14, 1997
Sold by
Karmel Douglas Lawrence
Bought by
Karmel Douglas Lawrence and Karmel Karen Weiss
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
Turner Tanya $223,000 None Available
Jones Stephanie $198,000 Realty Title & Escrow Co
Chandler Sally Farrimond $175,000 --
Chandler Sally Farrimond $175,000 --
Karmel Douglas Lawrence -- --
Karmel Douglas Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Tanya $218,960
Previous Owner Jones Stephanie $195,395
Previous Owner Chandler Sally Farrimond $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2015 04/30/15 Sold $223,000 -5.1% $101 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $235,000 +18.1% $107 / Sq Ft
11/30/2012 11/30/12 Sold $199,000 -7.4% $90 / Sq Ft View Prior Sale
10/31/2012 10/31/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $215,000 -- $98 / 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 $2,287 $90,575 $17,200 $73,375
2024 $2,287 $67,450 $17,200 $50,250
2023 $4,109 $67,450 $17,200 $50,250
2022 $4,109 $67,450 $17,200 $50,250
2021 $4,157 $67,450 $17,200 $50,250
2020 $4,224 $58,300 $14,300 $44,000
2019 $4,224 $58,300 $14,300 $44,000
2018 $4,224 $58,300 $14,300 $44,000
2017 $2,396 $58,300 $14,300 $44,000
2016 $2,175 $49,775 $0 $0
2014 $2,175 $49,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Brown

    Seller's Agent in 2015

    Jessica Brown

    RE/MAX

    (901) 210-3474

    25 in this area

    372 Total Sales

    Jessica Brown
    Section Image
  • Jeffrey Britt

    Buyer's Agent in 2015

    Jeffrey Britt

    RE/MAX

    (901) 283-5198

    12 in this area

    82 Total Sales

    Jeffrey Britt
    Section Image
  • Barbara Cowles

    Seller's Agent in 2012

    Barbara Cowles

    Hobson, REALTORS

    (901) 351-2365

    6 in this area

    43 Total Sales

    Barbara Cowles
    Section Image
  • Judy McLellan

    Buyer's Agent in 2012

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    31 in this area

    348 Total Sales

    Judy McLellan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9942364

Memphis Area Association of REALTORS®

APN: 06-8050-0-0001

Tennessee Shelby County Memphis 38120 East Memphis

5617 Rich Rd, Memphis, TN

Not Listed for Sale

Detached

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