NOT LISTED FOR SALE

6531 Red Birch Dr Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $138,000 - $183,000

3 Beds
2 Baths
1,562 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $63,500 $41 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,015/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Central Heating and Cooling System
  • 1 Fireplace
  • Patio
  • 2 Car Garage

About This Home

As of December 2016

Impressive collection of mostly leased 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 TENANT'S RIGHTS PREVAIL. PLEASE DO NOT DISTURB TENANTS. Seller and his agents offer no knowledge or opinions regarding condition. Offers accepted with inspection contingencies. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position.

Last Agent to Sell the Property

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 10/31/2016

Last Buyer's Agent

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 10/31/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,079

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Aluminum Window Frames
  • Den
  • Wall to Wall Carpet
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Birch Run Village 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 T00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,079

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 #: 786C
  • MAAR Subdivision Name: BIRCH RUN VILLAGE 1ST ADD
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.65
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1562
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence
  • Exterior Windows: Aluminum/Steel Siding

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: 3
  • Acreage: 0.19
  • Lot Size: 68.39/74.84 X 120.42/120
  • Price Per Acre: 328421

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093510 T00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Jb1 Properties Llc
Bought by
Boyer Brian
Current Estimated Value
$174,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$55,293
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$118,159

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 16, 2016
Sold by
Wim Real Estate Investment I Llc
Bought by
Fairway Capitol Partners Llc
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$62,400
Sold Price
$63,500
Premium/Discount to List
$1,100
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

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
Nov 11, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc

Purchase Details

Closed on
Apr 25, 2003
Sold by
Fields Randolph and Fields Tina
Bought by
Hud

Purchase Details

Closed on
Feb 19, 1998
Sold by
Burke Patsy H
Bought by
Fields Randolph and Fields Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,457
Interest Rate
6.89%
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
Boyer Brian $155,000 Commercial Title Group
Fairway Capitol Partners Llc $245,000 None Available
Wim Real Estate Investments I Llc $74,235 None Available
Fairway Capital Partners Llc -- None Available
Hud $107,077 --
Fields Randolph $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyer Brian $75,000
Previous Owner Fairway Capital Partners Llc $42,000
Previous Owner Ripperger Stephen Paul $79,050
Previous Owner Boone Jeffrey M $72,000
Previous Owner Fields Tina $5,000
Previous Owner Fields Randolph $85,457
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $63,500 +1.8% $41 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $62,400 -- $40 / 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 $1,079 $40,625 $4,875 $35,750
2024 -- $31,825 $4,250 $27,575
2023 $1,939 $31,825 $4,250 $27,575
2022 $1,939 $31,825 $4,250 $27,575
2021 $2,304 $31,825 $4,250 $27,575
2020 $1,476 $20,375 $4,250 $16,125
2019 $651 $20,375 $4,250 $16,125
2018 $651 $20,375 $4,250 $16,125
2017 $667 $20,375 $4,250 $16,125
2016 $811 $18,550 $0 $0
2014 $811 $19,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Malvezzi

    Seller's Agent in 2016

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    88 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9989983

Memphis Area Association of REALTORS®

APN: 09-3510-T0-0003

Tennessee Shelby County Memphis 38115 Hickory Hill

6531 Red Birch Dr, Memphis, TN

This home is located at 6531 Red Birch Dr, Memphis, TN 38115 since 31 October 2016 and is currently estimated at $168,186, approximately $107 per square foot. This property was built in 1980. 6531 Red Birch Dr is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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