NOT LISTED FOR SALE

Estimated Value: $175,000 - $195,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $90,900 $57 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,085/month

Highlights

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

About This Home

As of May 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 03/18/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 03/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,333

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65 x 116
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,403 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Ross Manor Estates Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 I00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,333

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 786C
  • MAAR Subdivision Name: ROSS MANOR ESTATES SEC A
  • Freestanding: Yes
  • List Price Per Sq Ft: 65
  • Number Of Stories: 1
  • Price Per Sq Ft: 64.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1403
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 64
  • Acreage: 0.17
  • Lot Size: 65 X 116
  • Price Per Acre: 534706

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093510 I00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
May 28, 2014
Sold by
Memphis Invest Gp
Bought by
Red Cone Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$90,900
Sold Price
$90,900
Current Estimated Value
$182,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,942
Avg. Annual Appreciation
6.31%
Original Mortgage
$45,450
Outstanding Balance
$4,401
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$177,309

Purchase Details

Listed on
Nov 22, 2013
Closed on
Mar 15, 2014
Sold by
Hobson Louis
Bought by
Memphis Invest Gp
Seller's Agent
Beulah Daniel
KAIZEN Realty, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$49,000
Sold Price
$42,000
Premium/Discount to List
-$7,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4648.68%
Original Mortgage
$2,575,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2011
Sold by
Wring Aubrey Bruce
Bought by
Rj Real Estate Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
4.88%
Mortgage Type
Commercial
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
Red Cone Llc $90,900 None Available
Memphis Invest Gp $42,000 None Available
Rj Real Estate Holdings $2,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Cone Llc $45,450
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Rj Real Estate Holdings $1,875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $90,900 0.0% $65 / Sq Ft
03/22/2014 03/22/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $90,900 +116.4% $65 / Sq Ft
03/17/2014 03/17/14 Sold $42,000 -14.3% $30 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $49,000 -- $35 / 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 $1,333 $43,675 $4,875 $38,800
2024 $1,333 $39,325 $4,250 $35,075
2023 $2,396 $39,325 $4,250 $35,075
2022 $2,396 $39,325 $4,250 $35,075
2021 $2,424 $39,325 $4,250 $35,075
2020 $1,571 $21,675 $4,250 $17,425
2019 $1,571 $21,675 $4,250 $17,425
2018 $1,571 $21,675 $4,250 $17,425
2017 $891 $21,675 $4,250 $17,425
2016 $754 $17,250 $0 $0
2014 $754 $17,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3293249

Memphis Area Association of REALTORS®

APN: 09-3510-I0-0040