NOT LISTED FOR SALE

700 Richmond Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $93,000

2 Beds
1 Bath
100-999 Sq Ft
$93/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $3,500 $4 Per Sq Ft

Est. 2,557% increase in value since last sale

Current estimated payment $500/month

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • 1-Story Property
  • Some Wood Windows
  • Level Lot

About This Home

As of April 2016

Just right for investors and handy man. Property being sold in as condition.

Last Agent to Sell the Property

Walker Hays

Crye-Leike, Inc., REALTORS License #223002 Listed on: 02/04/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Walker Hays

Crye-Leike, Inc., REALTORS License #223002 Listed on: 02/04/2016

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 54.5 x 144
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 887 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Community Details

  • Maddox Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025073 00016

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: MADDOX
  • List Price Per Sq Ft: 6
  • Number Of Stories: 1
  • Price Per Sq Ft: 3.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 887
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Front-Load Garage

Lot Info

  • Lot Description: Level
  • Lot Number: SW PT 2
  • Acreage: 0.18
  • Lot Size: 54.5 X 144
  • Price Per Acre: 27778

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 025073 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Apr 6, 2016
Sold by
Barnes Vera
Bought by
Hodges Daphine D and Smith Howard
Seller's Agent
Walker Hays
Crye-Leike, Inc., REALTORS
Buyer's Agent
Walker Hays
Crye-Leike, Inc., REALTORS
List Price
$5,000
Sold Price
$3,500
Premium/Discount to List
-$1,500
-30%
Current Estimated Value
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,500
Avg. Annual Appreciation
40.67%
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
Hodges Daphine D $3,500 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Vera $17,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $3,500 -30.0% $35 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $5,000 -- $50 / 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 -- $1,300 $1,300 --
2024 -- $750 $750 --
2023 $46 $750 $750 $0
2022 $46 $750 $750 $0
2021 $46 $750 $750 $0
2020 $54 $750 $750 $0
2019 $54 $750 $750 $0
2018 $54 $750 $750 $0
2017 $79 $1,925 $750 $1,175
2016 $269 $6,150 $0 $0
2014 $269 $6,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Walker Hays

    Crye-Leike

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9969936

Memphis Area Association of REALTORS®

APN: 02-5073-0-0016

Tennessee Shelby County Memphis 38106 South Memphis

700 Richmond Ave, Memphis, TN

This home is located at 700 Richmond Ave, Memphis, TN 38106 since 04 February 2016 and is currently estimated at $93,000, approximately $93 per square foot. This property was built in 1939. 700 Richmond Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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