NOT LISTED FOR SALE

6719 Majestic Oak Place Unit 1 Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $120,000 - $128,000

2 Beds
2 Baths
100-999 Sq Ft
871 Sq Ft Lot

Last Sold June 11, 2019

Last sale price $89,900 $90 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $713/month

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Traditional Architecture
  • White Station High Rated A
  • Clubhouse
  • Community Pool

About This Home

As of June 2019

Calling All Investors!!!Gorgeous large 2 Bedroom/ 2 Bath floor located on ground level. Updated kitchen incl. fridge, range and dishwasher. Full size w/d connections. Lots of closets. Tenant occupied paying $975/mo. + $20/mo. pet rent. Excellent paying tenant on Lease til 10/31/2019. Great investment opportunity! Property boasts 3 pools- beautifully landscaped grounds- stable homeowner assn. Call list agent regarding more details

Last Agent to Sell the Property

Kim Jones

Faith Management & Realty Grou License #331824 Listed on: 05/13/2019

Last Buyer's Agent

Jennifer Carstensen

Real Estate Agency License #317824

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $699

Year Built

  • Built in 1978

Lot Details

  • 871

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 938 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Termite Clearance

Parking

  • 1 Covered Space
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Landscaped Professionally
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 080008 M00235

Community Details

Overview

  • Property has a Home Owners Association
  • $166 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, exterior insurance, reserve fund, pest control contract
  • 8 Units
  • Whispering Oaks Community
  • Whispering Oaks Condo Subdivision
  • Property managed by Faith Mgmt. & Realty

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$699

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • Cross Street: Kirby Parkway
  • MLS Map #: 782F
  • MAAR Subdivision Name: RIVER OAKS
  • Condo: Yes
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Price Per Sq Ft: 95.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 938
  • Termite Contract: Yes
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen
  • Misc Interior: Smoke Detector(s)
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Monitored Alarm System, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen, Clubhouse w/Baths, Community Laundry
  • Condo Fees Include: Water/Sewer, Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Whispering Oaks
  • Management Company: Faith Mgmt. & Realty
  • Neighborhood Amenities: Club House, Pool

Fee Information

  • Monthly Maintenance Fee: 166

Lot Info

  • Lot Description: Professionally Landscaped
  • Acreage: 0.02
  • Price Per Acre: 4495000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 080008 M00235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 11, 2019
Sold by
Kirsch Ronni Z
Bought by
Gary D Testamentary Trust
Seller's Agent
Kim Jones
Faith Management & Realty Grou
Buyer's Agent
Jennifer Carstensen
Real Estate Agency
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$122,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,005
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
May 13, 2019
Closed on
May 2, 2019
Sold by
Kirsch Ronni Z
Bought by
Kirsch Ronni Z
Seller's Agent
Kim Jones
Faith Management & Realty Grou
Buyer's Agent
Jennifer Carstensen
Real Estate Agency
List Price
$89,900
Sold Price
$89,900

Purchase Details

Listed on
Mar 11, 2015
Closed on
Feb 26, 2015
Sold by
Longo Joseph M
Bought by
Joe M Kirsch Trust
Seller's Agent
Kay Coleman Gordon
REMAX Experts
Buyer's Agent
Sheldon Rosengarten
Marx-Bensdorf, REALTORS
List Price
$74,500
Sold Price
$70,000
Premium/Discount to List
-$4,500
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Chipman Billy and Chipman Melanie
Bought by
Longo George F and Longo Joseph M

Purchase Details

Closed on
Feb 27, 2007
Sold by
Conner Charles M and Conner Tina P
Bought by
Chipman Billy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,900
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Chesapeake Partners Llc
Bought by
Conner Charles M and Conner Tina P
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
Gary D Testamentary Trust $89,900 Fntg
Kirsch Ronni Z -- None Available
Joe M Kirsch Trust $70,000 Fntg
Longo George F $75,000 None Available
Chipman Billy $84,900 Realty Title & Escrow Co Inc
Conner Charles M $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chipman Billy $84,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $89,900 0.0% $899 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $89,900 +28.4% $899 / Sq Ft
03/11/2015 03/11/15 Sold $70,000 -6.0% $70 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $74,500 -- $75 / 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 $699 $30,350 $2,100 $28,250
2024 $699 $20,625 $2,100 $18,525
2023 $1,256 $20,625 $2,100 $18,525
2022 $1,256 $20,625 $2,100 $18,525
2021 $712 $20,625 $2,100 $18,525
2020 $1,158 $15,975 $2,100 $13,875
2019 $511 $15,975 $2,100 $13,875
2018 $511 $15,975 $2,100 $13,875
2017 $523 $15,975 $2,100 $13,875
2016 $546 $12,500 $0 $0
2014 $546 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052521

Memphis Area Association of REALTORS®

APN: 08-0008-M0-0235