NOT LISTED FOR SALE

Estimated Value: $160,000 - $182,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $84,750 $53 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $996/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • 1 Fireplace
  • 2 Car Garage
  • 1-Story Property

About This Home

As of October 2018

This home is located at 6385 Midsummer Way, Memphis, TN 38115 since 27 July 2018 and is currently estimated at $171,907, approximately $122 per square foot. This property was built in 1980. 6385 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

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 07/27/2018

Last Buyer's Agent

Michelle Hayes Thomas

Hayes Homes and Realty, Inc License #265701

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,438 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates Sec I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 O00093

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,023

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 786B
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC I
  • List Price Per Sq Ft: 54
  • Number Of Stories: 1
  • Price Per Sq Ft: 58.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1438
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 1489
  • Acreage: 0.19
  • Lot Size: 109.965/115 X 120/114.635
  • Price Per Acre: 410526

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093510 O00093

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 3, 2018
Sold by
Klepko Harry
Bought by
Watts Sylvester
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$78,000
Sold Price
$84,750
Premium/Discount to List
$6,750
8.65%
Current Estimated Value
$171,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,157
Avg. Annual Appreciation
10.60%
Original Mortgage
$83,206
Outstanding Balance
$73,124
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$98,783

Purchase Details

Closed on
Jul 15, 2009
Sold by
Memphis Investment Properties Llc
Bought by
Klepko Harry

Purchase Details

Closed on
Jun 11, 2009
Sold by
Dotson Alesa and Dotson Lorenzo
Bought by
Terry Reagor Realtors Inc

Purchase Details

Closed on
Nov 29, 1999
Sold by
Leslie Floyd W
Bought by
Dotson Loronzo
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
Watts Sylvester $84,750 Delta Title Services Llc
Klepko Harry $51,000 None Available
Memphis Investment Properties Llc -- None Available
Terry Reagor Realtors Inc $27,290 None Available
Dotson Loronzo $91,500 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Sylvester $83,206
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $84,750 +8.7% $61 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $78,000 -- $56 / 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 $1,023 $41,525 $4,750 $36,775
2024 $1,023 $30,175 $4,150 $26,025
2023 $1,838 $30,175 $4,150 $26,025
2022 $1,838 $30,175 $4,150 $26,025
2021 $1,041 $30,175 $4,150 $26,025
2020 $1,482 $20,450 $4,150 $16,300
2019 $654 $20,450 $4,150 $16,300
2018 $654 $20,450 $4,150 $16,300
2017 $669 $20,450 $4,150 $16,300
2016 $854 $19,550 $0 $0
2014 $854 $19,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10032993

Memphis Area Association of REALTORS®

APN: 09-3510-O0-0093