NOT LISTED FOR SALE

Estimated Value: $173,443 - $195,000

3 Beds
2 Baths
1,607 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $48,000 $30 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $1,116/month

147 Days on Market

About This Home

As of April 2017

Impressive collection of mostly leased properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and TENANT'S RIGHTS PREVAIL. PLEASE DO NOT DISTURB TENANTS. Seller and his agents offer no knowledge or opinions regarding condition. Offers accepted with inspection contingencies. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 11/05/2016

Last Buyer's Agent

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 11/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $942

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,607 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Ridgeway Estates Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 B00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$942

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 785B
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC B
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 29.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1607
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 226
  • Acreage: 0.22
  • Lot Size: 60/76.68 X 162.30/187.62
  • Price Per Acre: 276818

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093406 B00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Memphis Investment Properties Iv Llc
Bought by
Guglani Sureena
Total Days on Market
147
Current Estimated Value
$185,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Outstanding Balance
$131,738
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$53,623

Purchase Details

Closed on
Feb 28, 2024
Sold by
Lizana Kody
Bought by
Memphis Inv Properties Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Marvin Garden Llc
Bought by
Lizana Kody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,320
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2016
Closed on
Apr 21, 2017
Sold by
Wim Real Estate Investments I Llc
Bought by
Marvin S Gardens Llc
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$60,900
Sold Price
$48,000
Premium/Discount to List
-$12,900
-21.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Mempis Investment Properties Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Nov 17, 2008
Sold by
Reddoch Management Llc
Bought by
Memphis Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Adams John W
Bought by
Reddoch Management Llc
Source: Public Records

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Range of Values:

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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
Guglani Sureena $177,000 Foundation Title & Escrow
Memphis Inv Properties Iv Llc $143,750 Delta Title Services
Lizana Kody $779,000 Commercial Ttle Group Llc
Marvin S Gardens Llc $163,000 Commercial Title Group Llc
Wim Real Estate Investments I Llc $77,971 None Available
Memphis Investment Properties Llc -- Tam Title & Escrow Llc
Reddoch Management Llc $27,852 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guglani Sureena $132,750
Previous Owner Memphis Inv Properties Iv Llc $153,000
Previous Owner Lizana Kody $133,000
Previous Owner Lizana Kody $108,750
Previous Owner Lizana Kody $62,320
Previous Owner Memphis Investment Properties Llc $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $48,000 -21.2% $30 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
11/05/2016 11/05/16 For Sale $60,900 -- $38 / 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 $942 $43,600 $5,500 $38,100
2024 $942 $27,775 $3,750 $24,025
2023 $1,692 $27,775 $3,750 $24,025
2022 $1,692 $27,775 $3,750 $24,025
2021 $1,712 $27,775 $3,750 $24,025
2020 $1,312 $18,100 $3,750 $14,350
2019 $1,312 $18,100 $3,750 $14,350
2018 $1,312 $18,100 $3,750 $14,350
2017 $744 $18,100 $3,750 $14,350
2016 $745 $17,050 $0 $0
2014 $745 $17,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9990145

Memphis Area Association of REALTORS®

APN: 09-3406-B0-0014