NOT LISTED FOR SALE

Estimated Value: $218,000 - $262,545

3 Beds
2 Baths
1,400-1,599 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $267,000 $167 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,341/month

50 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Corner Lot
  • Landscaped Professionally
  • Traditional Architecture
  • Breakfast Room

About This Home

As of May 2023

Beautiful Newly renovated property in Ragan Farms featuring 3 Bedrooms and 2 Full Bathrooms. Neatly positioned on a small hill with a 2-car front facing garage, plenty of living space and modern upgrades. This property is located in a peaceful neighborhood with easy access to shopping centers and highways. Ready for showings now. Back on the market with active $267,000 FHA appraisal. Seller will provide up to $3,000 towards Buyer's closing costs. Owner/Agent listing.

Last Agent to Sell the Property

Tomo Oblak

BEST Real Estate Company License #333450 Listed on: 01/24/2023

BEST Real Estate Company

Last Buyer's Agent

Kelvin Lake

C21 Patterson & Assoc. Real Es License #350816

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1996

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 88x155
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,538 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Updated Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Ragan Farms Sec B Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number D0255J B00064

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,242

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 774A
  • MAAR Subdivision Name: RAGAN FARMS SEC B
  • Corporate Own: Yes
  • List Price Per Sq Ft: 174
  • Number Of Stories: 1
  • Price Per Sq Ft: 173.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1538
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen, Separate Breakfast Room
  • Misc Interior: Pull Down Attic Stairs, Attic Access, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Dressing Area
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 156
  • Acreage: 0.31
  • Lot Size: 88X155
  • Price Per Acre: 861290

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: D0255J B00064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
May 22, 2023
Sold by
Paradigm21 Capital Llc
Bought by
Irvin Chad and Irvin Glenda
Seller's Agent
Tomo Oblak
BEST Real Estate Company
Buyer's Agent
Kelvin Lake
C21 Patterson & Assoc. Real Es
List Price
$252,900
Sold Price
$267,000
Premium/Discount to List
$14,100
5.58%
Views
203
Current Estimated Value
$235,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,241
Avg. Annual Appreciation
-4.51%
Original Mortgage
$16,020
Outstanding Balance
$1,673
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$237,213

Purchase Details

Closed on
Mar 1, 2017
Sold by
Gsd Asset Management Llc
Bought by
Lm I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,850
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2010
Sold by
Turner Sara D and Turner Gary
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 8, 2004
Sold by
Forrester Sara D and Hooker Sara M
Bought by
Turner Gary and Turner Sara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,708
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1997
Sold by
Bowden Building Corp
Bought by
Forrester Sara D and Hooker Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,947
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1996
Sold by
Ragan Farms Joint Venture
Bought by
Bowden Building Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,100
Interest Rate
7.57%
Mortgage Type
Construction
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
Irvin Chad $267,000 Preferred Title & Escrow
Lm I Llc $1,509,000 None Available
The Secretary Of Housing & Urban Develop $102,727 None Available
Turner Gary -- Title Enterprise Svc Co Llc
Forrester Sara D $103,900 Southern Escrow Title Compan
Bowden Building Corp $22,500 Southern Escrow Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvin Chad $16,020
Open Irvin Chad $262,163
Previous Owner Lm I Llc $980,850
Previous Owner Turner Gary $102,708
Previous Owner Forrester Sara D $103,947
Previous Owner Bowden Building Corp $83,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $267,000 0.0% $191 / Sq Ft
02/28/2023 02/28/23 Price Changed $267,000 +5.6% $191 / Sq Ft
01/24/2023 01/24/23 For Sale $252,900 -- $181 / 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 $1,242 $55,525 $8,750 $46,775
2024 $1,242 $36,650 $6,850 $29,800
2023 $1,242 $36,650 $6,850 $29,800
2022 $1,242 $36,650 $6,850 $29,800
2021 $1,484 $36,650 $6,850 $29,800
2020 $1,018 $25,125 $5,000 $20,125
2019 $1,819 $25,125 $5,000 $20,125
2018 $1,018 $25,125 $5,000 $20,125
2017 $1,033 $25,125 $5,000 $20,125
2016 $921 $21,075 $0 $0
2014 $921 $21,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10140916

Memphis Area Association of REALTORS®

APN: D0-255J-B0-0064