NOT LISTED FOR SALE

Estimated Value: $163,000 - $179,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $109,900 $79 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $987/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of November 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $995 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 09/20/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,002

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,318 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates West 1St Add Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093407 O00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,002

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RIDGEWAY ESTATES WEST 1ST ADD SEC C
  • List Price Per Sq Ft: 83
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1318
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: 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: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • 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: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 59andPT58
  • Acreage: 0.17
  • Lot Size: 84.43/55.3X90/114.02

Tax Info

  • Assessor Parcel Number: 093407 O00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2022
Sold by
Jenson James
Bought by
Avodah Llc
Current Estimated Value
$172,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,200
Outstanding Balance
$586,332
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
-$414,055

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 8, 2019
Sold by
Memphis Investments Properties Ii Llc
Bought by
Jensen James
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$82,425
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2019
Closed on
Sep 9, 2019
Sold by
Scheid Thomas
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$75,000
Sold Price
$66,500
Premium/Discount to List
-$8,500
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2011
Sold by
Glenn Martin E
Bought by
Scheid Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,300
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2010
Sold by
Titan Properties Llc
Bought by
Accomodator Monrovia Escrows

Purchase Details

Closed on
May 27, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Titan Properties Llc

Purchase Details

Closed on
Feb 26, 2009
Sold by
Denton John M and Childs Cassandra L
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 14, 2004
Sold by
Carter Ronald
Bought by
Denton John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
Carter Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,825
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Hodges Shavaunda
Bought by
Deutsche Bank National Trust Co and Asset Backed Securities Corp Long Beach

Purchase Details

Closed on
Feb 3, 2003
Sold by
Hodges Shavaunda T
Bought by
Clark Kenneth

Purchase Details

Closed on
Jul 13, 2000
Sold by
Patterson Norvin T
Bought by
Hodges Shavaunda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
10.75%

Purchase Details

Closed on
Oct 19, 1999
Sold by
Teat James A and Teat Lisa A
Bought by
Hud
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
Avodah Llc -- None Listed On Document
Jensen James $109,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $66,500 Close Trak Closing & Ttl Svc
Scheid Thomas $46,000 Multiple
Accomodator Monrovia Escrows $36,500 Multiple
Titan Properties Llc $23,000 None Available
Deutsche Bank National Trust Company $16,000 None Available
Denton John M $91,000 Equity Title & Escrow Co
Carter Ronnie $53,500 Equity Title & Escrow Co
Deutsche Bank National Trust Co $75,737 --
Clark Kenneth -- --
Hodges Shavaunda $80,000 --
Hud $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avodah Llc $629,200
Previous Owner Jensen James $82,425
Previous Owner Memphis Investment Properties Ii Llc $100,000
Previous Owner Scheid Thomas $25,300
Previous Owner Denton John M $81,900
Previous Owner Carter Ronnie $50,825
Previous Owner Hodges Shavaunda $68,000
Closed Hodges Shavaunda $12,000
Closed Denton John M $9,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2019 11/12/19 Sold $109,900 0.0% $92 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $109,900 +65.3% $92 / Sq Ft
09/16/2019 09/16/19 Sold $66,500 -11.3% $50 / Sq Ft View Prior Sale
08/19/2019 08/19/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $75,000 -- $57 / 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 $1,002 $40,750 $4,725 $36,025
2024 $1,002 $29,550 $3,475 $26,075
2023 $1,800 $29,550 $3,475 $26,075
2022 $1,800 $29,550 $3,475 $26,075
2021 $1,019 $29,550 $3,475 $26,075
2020 $1,326 $18,300 $3,475 $14,825
2019 $585 $18,300 $3,475 $14,825
2018 $585 $18,300 $3,475 $14,825
2017 $599 $18,300 $3,475 $14,825
2016 $710 $16,250 $0 $0
2014 $710 $16,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10062475

Memphis Area Association of REALTORS®

APN: 09-3407-O0-0016