$45,000
SOLD APR 27, 2016
3 Beds
2 Baths
1,218 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • 1 Fireplace
  • Community Pool
  • 1-Story Property

About This Home

As of July 2016

Impressive collection of 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 no guarantees. Buyer to satisfy due diligence prior to or during inspection period. Seller and his agents offer no knowledge or opinions regarding condition. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position. See full list of properties in attachments.

Last Agent to Sell the Property

Bert Less

Leco Realty, Inc. License #208330 Listed on: 02/26/2016

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Parking Space

Interior Spaces

  • 1,218 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 093406 D00081

Community Details

Overview

  • Ridgeway Estates Rev Sec G Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 785D
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC G
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1
  • Price Per Sq Ft: 36.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1218
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Exterior Features

  • Pool Description: Neighborhood

Garage/Parking

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

Lot Info

  • Lot Number: 1181
  • Acreage: 0.17
  • Lot Size: 65/69.26 X 120/120.08
  • Price Per Acre: 275294

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093406 D00081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jul 27, 2016
Sold by
Rei Nationa Llc
Bought by
Cetron Robert B
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$174,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,354
Avg. Annual Appreciation
5.74%
Original Mortgage
$78,675
Outstanding Balance
$63,400
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$110,807

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 27, 2016
Sold by
Wim Real Estate Investments I Llc
Bought by
Rei Nation Llc
Seller's Agent
Bert Less
Leco Realty, Inc.
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$46,800
Sold Price
$45,000
Premium/Discount to List
-$1,800
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2852.92%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Oct 19, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc

Purchase Details

Closed on
Oct 2, 2003
Sold by
Brookfield Properties Inc
Bought by
Boone Jeffrey M and Boone Richard B

Purchase Details

Closed on
May 10, 2003
Sold by
Citifinancial Mortgage Co Inc
Bought by
Brookfield Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,088
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 2003
Sold by
Oscal Luis F and Oscal Bessie
Bought by
Citifinancial Mortgage Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,088
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 1999
Sold by
Joyce Wright
Bought by
Oscal Luis F and Oscal Bessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
7.7%

Purchase Details

Closed on
Jul 20, 1998
Sold by
Millay Lori F
Bought by
Wright Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.96%
Source: Public Records

Similar Homes in Memphis, TN

  • 2281 Laura St, Memphis, TN 38114

    $55,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 2281 Laura St
    • Memphis, TN

    Great Investment Opportunity in Charjean Village! Within close proximity to Memphis Logistics Depot and Makeda's Homemade Cookies. Being sold AS-IS. The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. Vacant & easy to show, schedule your showing today! VIDEO AVAILABLE UPON REQUEST!

    Jordan Ray eXp Realty, LLC

    Section Image
  • 2965 Lotus Rd, Memphis, TN 38109

    $42,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 2965 Lotus Rd
    • Memphis, TN

    INVESTOR SPECIAL!! Cute 1BR/1BA home located in Southwest Memphis area off of Lotus Rd near U.S. 61 South. This quaint home has Primary Bedroom, shared Bathroom, Kitchen, Living Room and a small Sunroom off of the rear of the home with it's own small storage area as well. Lot is 0.6 Acres with a larger front yard and a smaller back yard. It is close to shopping and restaurants off of U.S. 61 as

    Edwin Scruggs BHHS Taliesyn Realty

    Section Image
  • 613 Wicks Ave, Memphis, TN 38126

    $50,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 613 Wicks Ave
    • Memphis, TN

    This is a perfect investor property. Nice 2 bedroom brick home with 1 bath located close to downtown and on a bus line. First time home buyers welcome.

    Oliver Peyton The Peyton Co., Inc., REALTORS

    Section Image
  • 2139 Lyon Ave, Memphis, TN 38108

    $33,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 2139 Lyon Ave
    • Memphis, TN

    Fantastic Investment Opportunity In Hyde Park neighborhood! AS-IS! No wholesalers! No seller financing! Cash or Hard Money offers only! The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. Rental rates for the area are $750 - $1,100/month. VIDEO AVAILABLE UPON REQUEST!

    Jordan Ray eXp Realty, LLC

    Section Image
  • 1880 Whitney Ave, Memphis, TN 38127

    $55,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 1880 Whitney Ave
    • Memphis, TN

    Back on market! This well-maintained home boasts a brand-new roof, new flooring, renovated bathroom and is in excellent condition. Needs some very minor exterior work. A solid investment opportunity. A great property with low maintenance and reliable income! Can also be purchased 2034 Whitney.

    Caleb Hall Keller Williams

    Section Image
  • 4721 Queens Lace Ct Unit 56, Memphis, TN 38118

    $51,000

    • 2 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 4721 Queens Lace Ct
    • Unit 56
    • Memphis, TN

    This nice 2-bedroom, 2-bathroom condo offers a spacious and functional layout. Currently tenant-occupied with reliable renters in place that's been there for 10 years. it’s a turnkey investment with immediate rental income potential. The unit features an open living room and dining room area, kitchen, in-unit laundry, and ample natural light throughout. Both bedrooms are generously sized. Tenant

    Vashti Parson C21 Patterson & Assoc. Real Es

    Section Image
  • 3550 Philsdale Ave, Memphis, TN 38111

    $50,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 3550 Philsdale Ave
    • Memphis, TN

    FIXER UPPER!!!! A pipe burst and the homeowner had not been home in a while. The entire home will need to be renovated. Endless potential in this 3 bedroom, 1 bathroom home, featuring 1,239 square feet of space. It’s perfect for first-time homeowners or savvy investors. Customize to make it truly yours! There is a 1 car carport and a 1 car detached garage in the backyard, plus a lengthly driveway

    Raven Henderson KAIZEN Realty, LLC

    Section Image
  • 2935 Montague Cove, Memphis, TN 38114

    $49,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 2935 Montague Cove
    • Memphis, TN

    Good investment opportunity, Property is vacant, Sold As-is

    Cortney Lester Franchise Realty, LLC

    Section Image
  • 2667 Filmore Ave, Memphis, TN 38114

    $50,500

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 2667 Filmore Ave
    • Memphis, TN

    Exceptional Investment Opportunity – Priced to Sell FAST! Bring All Offers! This is your chance to lock in a solid deal with immediate upside. Estimated Current Value: $70,000+ After-Repair Value (ARV): $125,000+ Ideal to convert to duplex One of the LARGEST lots on the street – freshly cleared of trees in 2024 Recent exterior woodwork completed (see photos) Completed and sold 2 renno's on same

    Andriona Thomas Renshaw Company, REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $104,900 None Available
Warranty Deed $45,000 None Available
Warranty Deed $59,097 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Special Warranty Deed $53,000 Edco Title & Closing Service
Trustee Deed $55,000 --
Warranty Deed $94,000 Equity Title & Escrow Co
Warranty Deed $88,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,675 New Conventional
Previous Owner $83,450 Unknown
Previous Owner $59,621 Unknown
Previous Owner $53,088 Unknown
Previous Owner $75,200 No Value Available
Previous Owner $70,400 No Value Available
Closed $9,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $104,900 0.0% $87 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $104,900 +133.1% $87 / Sq Ft
04/27/2016 04/27/16 Sold $45,000 -3.8% $37 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $46,800 -- $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 $1,152 $48,375 $4,675 $43,700
2024 $1,152 $33,975 $3,600 $30,375
2023 $2,070 $33,975 $3,600 $30,375
2022 $2,070 $33,975 $3,600 $30,375
2021 $2,094 $33,975 $3,600 $30,375
2020 $1,710 $23,600 $3,600 $20,000
2019 $1,710 $23,600 $3,600 $20,000
2018 $1,710 $23,600 $3,600 $20,000
2017 $970 $23,600 $3,600 $20,000
2016 $657 $15,025 $0 $0
2014 $657 $15,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971318

Memphis Area Association of REALTORS®

APN: 09-3406-D0-0081