NOT LISTED FOR SALE

Estimated Value: $141,000 - $174,000

3 Beds
2 Baths
1,470 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $48,500 $33 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $886/month

226 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Loft
  • Den with Fireplace
  • Soft Contemporary Architecture
  • Great Room
  • Some Wood Windows

About This Home

As of March 2012

3br/2ba. Dual HVAC. Appliances remain. Security system. Wood fenced yard. Private patio. Acceptable contract subject to lender approval. Convenient to everywhere!

Last Agent to Sell the Property

Robbin Sanders

Crye-Leike, Inc., REALTORS License #267964 Listed on: 06/20/2011

Co-Listed By

Marceline Williams

LPT Realty, LLC License #309240

LPT Realty, LLC

Last Buyer's Agent

Marceline Williams

LPT Realty, LLC License #309240

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1993

Lot Details

  • 3,485 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Soft Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,470 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Den with Fireplace
  • Loft
  • Iron Doors
  • Laundry closet

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems

Community Details

  • Meadow Ridge Section A Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 093508 K00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$737

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Cross Street: RIVERDALE
  • MLS Map #: 786F
  • MAAR Subdivision Name: MEADOW RIDGE SEC A
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 32.99
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1470
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Loft/Balcony
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Walk-In Closet

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 133
  • Acreage: 0.08
  • Lot Size: 3488SQFT 32X109

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093508 K00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2011
Closed on
Mar 21, 2012
Sold by
Penchlon Derrick
Bought by
Owens Sr Reginald and Owens Deatria A
Seller's Agent
Robbin Sanders
Crye-Leike, Inc., REALTORS
Buyer's Agent
Marceline Williams
LPT Realty, LLC
List Price
$79,900
Sold Price
$48,500
Premium/Discount to List
-$31,400
-39.3%
Current Estimated Value
$151,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,895
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Mccormick Marie D
Bought by
Penchion Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,331
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1997
Sold by
Liversiedge Phyllis Joyce
Bought by
Mccormick Marie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,036
Interest Rate
7.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Owens Sr Reginald $48,500 Realty Title
Penchion Derrick $84,000 --
Mccormick Marie D $80,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penchion Derrick $83,331
Previous Owner Mccormick Marie D $80,036
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $48,500 -39.3% $33 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
06/20/2011 06/20/11 For Sale $79,900 -- $54 / 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 $737 $37,400 $5,000 $32,400
2024 $737 $21,750 $3,725 $18,025
2023 $1,325 $21,750 $3,725 $18,025
2022 $1,325 $21,750 $3,725 $18,025
2021 $1,340 $21,750 $3,725 $18,025
2020 $1,197 $16,525 $3,125 $13,400
2019 $1,197 $16,525 $3,125 $13,400
2018 $1,197 $16,525 $3,125 $13,400
2017 $679 $16,525 $3,125 $13,400
2016 $699 $16,000 $0 $0
2014 $699 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3226513

Memphis Area Association of REALTORS®

APN: 09-3508-K0-0041