NOT LISTED FOR SALE

6355 Leamont Dr Millington, TN 38053

Estimated Value: $157,000 - $178,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 01, 2024

Last sale price $160,000 $133 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $964/month

15 Days on Market

Highlights

  • Updated Kitchen
  • Tile Flooring
  • Level Lot
  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2024

RARE Cash flowing occupied investment opportunity available below market value and rents! Cheap Taxes. Full renovation in 2020 to include a new roof, hvac, floors, and more! Currently rented at $1018. Zestimate rent at $1,394 Tenants moved in 09/01/2020 on a lease until 08/31/2023. Professionally managed by Reedy and Company who would like to continue managing. Lease, ledger, and repairs made available upon request. Do not approach or disturb tenants. No showings without an accepted offer.

Last Agent to Sell the Property

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 06/06/2023

Last Buyer's Agent

Javanha Davis

Adaro Realty, Inc. License #336797

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1974

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,152 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Martin West Rev. Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0116 E00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$894

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 825C
  • MAAR Subdivision Name: MARTIN WEST SEC A
  • Number Of Stories: 1
  • Price Per Sq Ft: 138.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1152
  • Year Built: 1974
  • List Price/ Sq Ft: 135
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 23
  • Acreage: 0.16
  • Lot Size: 60X120
  • Price Per Acre: 968750
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0116 E00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Fielding Cody Pat
Bought by
Henry Frederick and Paulson Divina Medina
Current Estimated Value
$167,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,440
Outstanding Balance
$159,934
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
$7,685

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 17, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Fielding Cody Pat
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$87,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2020
Closed on
Jun 25, 2020
Sold by
Bluff City Investments Llc
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Wilson Tammy
Bought by
Hud

Purchase Details

Closed on
Aug 31, 2000
Sold by
Zapalac James C Tr
Bought by
Wilson Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,440
Interest Rate
8.11%
Mortgage Type
FHA
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
Henry Frederick $160,000 Realty Title
Fielding Cody Pat $109,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $41,500 Closetrack Llc
Hud $72,019 --
Wilson Tammy $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Frederick $163,440
Previous Owner Fielding Cody Pat $87,920
Previous Owner Memphis Investment Properties Ii Llc $75,000
Previous Owner Wilson Tammy $65,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2024 09/01/24 Sold $160,000 +3.2% $160 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $155,000 +41.0% $155 / Sq Ft
08/18/2020 08/18/20 Sold $109,900 0.0% $110 / Sq Ft View Prior Sale
07/07/2020 07/07/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $109,900 -- $110 / 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 $894 $42,950 $2,625 $40,325
2024 $894 $26,375 $2,250 $24,125
2023 $894 $26,375 $2,250 $24,125
2022 $894 $26,375 $2,250 $24,125
2021 $910 $26,375 $2,250 $24,125
2020 $621 $15,325 $2,250 $13,075
2019 $621 $15,325 $2,250 $13,075
2018 $621 $15,325 $2,250 $13,075
2017 $630 $15,325 $2,250 $13,075
2016 $676 $15,475 $0 $0
2014 $676 $15,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149491

Memphis Area Association of REALTORS®

APN: D0-116-E-00023