NOT LISTED FOR SALE

Estimated Value: $149,000 - $196,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $47,240 $30 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,088/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Central Heating and Cooling System
  • 1 Fireplace
  • Eat-In Kitchen
  • Dining Room

About This Home

As of November 2015

This home is located at 6234 Midsummer Way, Memphis, TN 38115 since 19 October 2015 and is currently estimated at $178,377, approximately $127 per square foot. This property was built in 1978. 6234 Midsummer Way is a home located in Shelby County with nearby schools including Crump Elementary School, Hickory Ridge Middle School, and Kirby High School.

Last Agent to Sell the Property

Ahmad Muhammad

M & M Realty, LLC License #286244 Listed on: 10/19/2015

Last Buyer's Agent

Benolyn Craig

CB Properties of Memphis, LLC License #320646

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Stone Exterior Construction

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,472 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Aluminum Window Frames
  • Great Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates Sec I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 O00072

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC I
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1472
  • Year Built: 1978
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Stone, Aluminum Window(s)

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 1520
  • Acreage: 0.19
  • Lot Size: 70.55/70.24X128.89/138.37

Tax Info

  • Assessor Parcel Number: 093510 O00072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2016
Sold by
Properies Memphis Turnkey
Bought by
Darter Michael and Darter Hidi Volpe
Current Estimated Value
$189,698

Purchase Details

Listed on
Oct 19, 2015
Closed on
Nov 10, 2015
Sold by
Deutsche Bank Trust Co
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
Ahmad Muhammad
M & M Realty, LLC
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$49,900
Sold Price
$47,240
Premium/Discount to List
-$2,660
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Original Mortgage
$65,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 19, 2015
Closed on
Oct 1, 2015
Sold by
Bobo Mario A and Bobo Debbie
Bought by
Deutsche Bank National Trust Co
Seller's Agent
Ahmad Muhammad
M & M Realty, LLC
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$49,900
Sold Price
$47,240
Premium/Discount to List
-$2,660
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2006
Sold by
Cummings Ida Vera
Bought by
Bobo Mario A and Bobo Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 29, 1999
Sold by
K & C Investments
Bought by
Cummings Ida Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,040
Interest Rate
7.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 12, 1999
Sold by
Brewer Jacqueline M and Brewer John E
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darter Michael $88,950 Saddle Creek Title Llc
Memphis Turnkey Properties Gp $47,240 Attorney
Deutsche Bank National Trust Co $65,025 Attorney
Bobo Mario A $105,000 Equity Title & Escrow
Cummings Ida Vera $86,300 --
Cummings Ida Vera $86,300 --
Hud $79,908 --
Hud $79,908 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Turnkey Properties Gp $65,000
Previous Owner Bobo Mario A $84,000
Previous Owner Cummings Ida Vera $69,040
Closed Cummings Ida Vera $17,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $47,240 -5.3% $34 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/19/2015 10/19/15 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 $1,166 $45,925 $4,750 $41,175
2024 $1,166 $34,400 $4,150 $30,250
2023 $2,096 $34,400 $4,150 $30,250
2022 $2,096 $34,400 $4,150 $30,250
2021 $2,120 $34,400 $4,150 $30,250
2020 $1,592 $21,975 $4,150 $17,825
2019 $1,592 $21,975 $4,150 $17,825
2018 $1,592 $21,975 $4,150 $17,825
2017 $903 $21,975 $4,150 $17,825
2016 $764 $17,475 $0 $0
2014 $764 $17,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9963661

Memphis Area Association of REALTORS®

APN: 09-3510-O0-0072