NOT LISTED FOR SALE

6618 Waders Ridge Dr Memphis, TN 38141

Hickory Hill Neighborhood

Estimated Value: $224,000 - $234,723

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $169,900 $85 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,297/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Central Heating and Cooling System
  • Traditional Architecture
  • Living Room
  • Dining Room

About This Home

As of February 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $1395 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 11/06/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x115
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,855 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Mallard Ridge 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093724 E00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 789A
  • MAAR Subdivision Name: MALLARD RIDGE 1ST ADD
  • List Price Per Sq Ft: 92
  • Number Of Stories: 2
  • Price Per Sq Ft: 91.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1855
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 30
  • Acreage: 0.17
  • Lot Size: 65X115
  • Price Per Acre: 999412

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093724 E00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Feb 11, 2021
Sold by
Memphis Investment Properties Ii Llc
Bought by
Collins Keith and Collins Noelle S
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$227,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,531
Avg. Annual Appreciation
6.49%
Original Mortgage
$127,425
Outstanding Balance
$113,869
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$113,562

Purchase Details

Closed on
Oct 16, 2020
Sold by
Williams Tierney and Williams Rodney
Bought by
Memphis Investmenyt Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2010
Sold by
Williams Tierney A and Williams Rodney C
Bought by
Williams Tierney A and Williams Rodney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,993
Interest Rate
4.83%
Mortgage Type
VA

Purchase Details

Closed on
Oct 1, 2002
Sold by
Latham Roger G and Latham Sherry Lynn
Bought by
Belton Tierney A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
6.21%
Mortgage Type
VA
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
Collins Keith $169,900 Delta Title Services Llc
Memphis Investmenyt Properties Ii Llc $115,000 Close Trak Closing & Ttl Svc
Williams Tierney A -- Chicago Title Insurance Co
Belton Tierney A $110,000 West Tn Title Insurance Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Keith $127,425
Previous Owner Memphis Investmenyt Properties Ii Llc $145,000
Previous Owner Williams Tierney A $106,993
Previous Owner Belton Tierney A $112,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $169,900 0.0% $94 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $169,900 -- $94 / 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 $1,096 $65,475 $10,600 $54,875
2024 $1,096 $32,325 $5,650 $26,675
2023 $1,969 $32,325 $5,650 $26,675
2022 $1,969 $32,325 $5,650 $26,675
2021 $1,115 $32,325 $5,650 $26,675
2020 $1,911 $26,375 $5,650 $20,725
2019 $843 $26,375 $5,650 $20,725
2018 $843 $26,375 $5,650 $20,725
2017 $863 $26,375 $5,650 $20,725
2016 $980 $22,425 $0 $0
2014 $980 $22,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    21 in this area

    414 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    21 in this area

    431 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088609

Memphis Area Association of REALTORS®

APN: 09-3724-E0-0030

Tennessee Shelby County Memphis 38141 Hickory Hill

6618 Waders Ridge Dr, Memphis, TN

This home is located at 6618 Waders Ridge Dr, Memphis, TN 38141 since 06 November 2020 and is currently estimated at $227,431, approximately $113 per square foot. This property was built in 1987. 6618 Waders Ridge Dr is a home located in Shelby County with nearby schools including Ross Elementary School, Kirby High School, and Memphis Business Academy Hickory Hill Middle School.

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