NOT LISTED FOR SALE

5863 Ridgehill Dr Memphis, TN 38141

Parkway Village Neighborhood

Estimated Value: $126,000 - $144,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $40,000 $25 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $738/month

35 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Main Floor Primary Bedroom
  • Great Room
  • Laundry closet

About This Home

As of August 2016

Nice solid brick home with 3 bedrooms and 2 baths. Tenant occupied renting for $795 a month. Cash flow right out of the gate.

Last Agent to Sell the Property

Joe King

Marathon REALTORS, LLC License #291170 Listed on: 06/30/2016

Last Buyer's Agent

Joe King

Marathon REALTORS, LLC License #291170 Listed on: 06/30/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $64

Year Built

  • Built in 1986

Lot Details

  • 3,920

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,402 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Room
  • Den
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Additional Features

  • 3,920 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Ridgetop Estates Fnl Pl Sec A 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093407 G00001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$64

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 785C
  • MAAR Subdivision Name: RIDGETOP ESTATES SEC A-1
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 28.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1402
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

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: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 84
  • Acreage: 0.09
  • Lot Size: 0.0957AC32.53/32.00X133.81/128.14
  • Price Per Acre: 554444

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093407 G00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Pitts Russell
Bought by
Tn Properties 1 Llc
Current Estimated Value
$134,500

Purchase Details

Closed on
Apr 30, 2019
Sold by
Sirkovich Yehudith
Bought by
Pitts Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Outstanding Balance
$46,894
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$76,557

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 15, 2016
Sold by
Reinvweastment Comapany Llc
Bought by
Sirkovich Yechudith
Seller's Agent
Joe King
Marathon REALTORS, LLC
Buyer's Agent
Joe King
Marathon REALTORS, LLC
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Aug 13, 2010
Sold by
Gp Memphis Cash Flow
Bought by
Nicjohn Group Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Rogers Isadore
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 30, 2008
Sold by
Va
Bought by
Rogers Isadore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2007
Sold by
Willis Byron D
Bought by
Va

Purchase Details

Closed on
May 10, 1996
Sold by
Edwards George and Edwards Shirley A
Bought by
Willis Byron D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,440
Interest Rate
8%
Mortgage Type
VA
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
Tn Properties 1 Llc -- Accommodation
Pitts Russell $48,000 --
Sirkovich Yechudith $49,000 Nexus Title & Escrow Llc
Reinvestment Company Llc $40,000 Nexus Title & Escrow Llc
Nicjohn Group Llc $37,900 None Available
Gp Memphis Cash Flow $27,501 None Available
The Secretary Of Veterans Affairs $56,403 None Available
Rogers Isadore $64,000 Real Estate Loan Svcs Tn Inc
Va $61,691 None Available
Willis Byron D $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitts Russell $53,000
Closed Pitts Russell --
Previous Owner Rogers Isadore $60,800
Previous Owner Willis Byron D $13,401
Previous Owner Willis Byron D $72,576
Previous Owner Willis Byron D $11,681
Previous Owner Willis Byron D $73,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $40,000 -19.8% $29 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $49,900 -- $36 / 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 $64 $33,925 $4,125 $29,800
2024 $698 $20,600 $3,000 $17,600
2023 $1,255 $20,600 $3,000 $17,600
2022 $1,255 $20,600 $3,000 $17,600
2021 $711 $20,600 $3,000 $17,600
2020 $1,007 $13,900 $3,000 $10,900
2019 $444 $13,900 $3,000 $10,900
2018 $444 $13,900 $3,000 $10,900
2017 $455 $13,900 $3,000 $10,900
2016 $571 $13,075 $0 $0
2014 $571 $13,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    8 in this area

    89 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9980711

Memphis Area Association of REALTORS®

APN: 09-3407-G0-0001

Tennessee Shelby County Memphis 38141 Parkway Village

5863 Ridgehill Dr, Memphis, TN

This home is located at 5863 Ridgehill Dr, Memphis, TN 38141 since 30 June 2016 and is currently estimated at $134,500, approximately $84 per square foot. This property was built in 1986. 5863 Ridgehill Dr is a home located in Shelby County with nearby schools including Ross Elementary School, Kirby High School, and Compass Community School Hickory Hill Campus.

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