NOT LISTED FOR SALE

581 Skyline Dr Ripley, TN 38063

Estimated Value: $87,000 - $144,000

3 Beds
1.5 Baths
1,600-1,799 Sq Ft
$60/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $75,000 $42 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $619/month

64 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Den
  • Porch
  • Partially Carpeted

About This Home

As of February 2022

Nice home consisting of 3 bedrooms, 1.5 baths, den, kitchen with dining area on large lot. Great starter home or investment property. Property has recently gone under major renovations and is like new. Call for a showing today!

Last Agent to Sell the Property

Randy Lankford

Lankford Realty Co. License #205520 Listed on: 08/23/2021

Last Buyer's Agent

Randy Lankford

Lankford Realty Co. License #205520 Listed on: 08/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $357

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 140x120
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,641 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Skyline Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$357

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 691A
  • MAAR Subdivision Name: Skyline Subd
  • List Price Per Sq Ft: 46
  • Number Of Stories: 1
  • Price Per Sq Ft: 45.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1641
  • Year Built: 1972
  • 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: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Den
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Size: 140x120

Multi Family

  • Number Of Rooms: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Feb 11, 2022
Sold by
Cherry Sr Charles S
Bought by
Stephens Rusty
Seller's Agent
Randy Lankford
Lankford Realty Co.
Buyer's Agent
Randy Lankford
Lankford Realty Co.
List Price
$59,000
Sold Price
$75,000
Premium/Discount to List
$16,000
27.12%
Current Estimated Value
$108,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,060
Avg. Annual Appreciation
10.60%
Original Mortgage
$75,757
Outstanding Balance
$71,019
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$36,010

Purchase Details

Closed on
Feb 4, 2011
Sold by
Deutsche Bank National Tru
Bought by
Cherry Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,493
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2010
Sold by
Stephens Donald
Bought by
Deutsche Bank National C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,493
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2004
Sold by
Manness David R
Bought by
Donald Stephens

Purchase Details

Closed on
Oct 31, 1972
Bought by
Maness David R
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
Stephens Rusty $75,000 Douglas William Dan
Cherry Charles S $13,000 --
Deutsche Bank National C $56,900 --
Donald Stephens $68,000 --
Maness David R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Rusty $75,757
Previous Owner Cherry Charles Steve $66,411
Previous Owner Cherry Charles Steve $223,682
Previous Owner Cherry Charles S $27,493
Previous Owner Stephens Juliann $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $75,000 0.0% $47 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/25/2021 10/25/21 Price Changed $75,000 +27.1% $47 / Sq Ft
08/23/2021 08/23/21 For Sale $59,000 -- $37 / 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
2024 $357 $14,050 $1,600 $12,450
2023 $708 $14,050 $1,600 $12,450
2022 $708 $14,050 $1,600 $12,450
2021 $678 $14,050 $1,600 $12,450
2020 $747 $14,050 $1,600 $12,450
2019 $728 $13,225 $2,000 $11,225
2018 $728 $13,225 $2,000 $11,225
2017 $710 $13,225 $2,000 $11,225
2016 $683 $13,225 $2,000 $11,225
2015 $305 $13,225 $2,000 $11,225
2014 $181 $6,250 $2,000 $4,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107073

Memphis Area Association of REALTORS®

APN: 095F-A-011.00