NOT LISTED FOR SALE

7263 Richmond Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $243,571 - $268,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $83,000 $46 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,480/month

Highlights

  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen
  • 1 Fireplace
  • Porch
  • Patio

About This Home

As of July 2014

Great Home for the First Time Home Buyer or Empty Nestor! All Brick Home Featuring: Greatroom with Fireplace and Hardwood Floors, Separate Dining Room, Eat In Kitchen, Three Bedrooms, Master Bedroom with Separate Tub and Shower. Nice Level Fenced Backyard

Last Agent to Sell the Property

Darlene Butler

The Peyton Co., Inc., REALTORS License #269984 Listed on: 04/07/2014

Co-Listed By

Reginald Peyton

The Peyton Co., Inc., REALTORS License #56385

Last Buyer's Agent

Earleane Aldridge

BEST Real Estate Company License #296414

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1988

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,793 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Room
  • Wall to Wall Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Richmond Oaks Fnl Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0241B A00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 787E
  • MAAR Subdivision Name: RICHMOND OAKS
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 46.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1793
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.23
  • Lot Size: .230AC 85X118
  • Price Per Acre: 365217

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0241B A00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 24, 2014
Sold by
Donovan Shaun
Bought by
Ladd Colette
Seller's Agent
Darlene Butler
The Peyton Co., Inc., REALTORS
Buyer's Agent
Earleane Aldridge
BEST Real Estate Company
List Price
$84,000
Sold Price
$83,000
Premium/Discount to List
-$1,000
-1.19%
Current Estimated Value
$254,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,893
Avg. Annual Appreciation
9.21%
Original Mortgage
$2,940
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2014
Sold by
Franco Hector and Mejia Monica
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 29, 2002
Sold by
Langston Mark
Bought by
Franco Hector and Mejia Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,098
Interest Rate
6.53%
Mortgage Type
FHA
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
Ladd Colette $83,000 Preferred Title & Escrow
Secretary Of Hud $115,320 None Available
Franco Hector $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ladd Colette $2,940
Previous Owner Franco Hector $114,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $83,000 -1.2% $52 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $84,000 -- $53 / 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 $1,467 $62,300 $13,175 $49,125
2024 $1,467 $43,275 $6,600 $36,675
2023 $1,467 $43,275 $6,600 $36,675
2022 $1,467 $43,275 $6,600 $36,675
2021 $1,493 $43,275 $6,600 $36,675
2020 $1,360 $33,575 $6,600 $26,975
2019 $1,360 $33,575 $6,600 $26,975
2018 $1,360 $33,575 $6,600 $26,975
2017 $1,380 $33,575 $6,600 $26,975
2016 $1,290 $29,525 $0 $0
2014 $1,290 $29,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Darlene Butler

    The Peyton Co., Inc., REALTORS

    (901) 336-7759

    1 in this area

    21 Total Sales

    Darlene Butler
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Reginald Peyton

    The Peyton Co., Inc., REALTORS

    Section Image
  • Earleane Aldridge

    Buyer's Agent in 2014

    Earleane Aldridge

    BEST Real Estate Company

    (901) 503-9731

    70 Total Sales

    Earleane Aldridge
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3294367

Memphis Area Association of REALTORS®

APN: D0-241B-A0-0004

Tennessee Shelby County Memphis 38125 Southern Shelby County

7263 Richmond Rd, Memphis, TN

This home is located at 7263 Richmond Rd, Memphis, TN 38125 since 07 April 2014 and is currently estimated at $254,893, approximately $141 per square foot. This property was built in 1988. 7263 Richmond Rd is a home located in Shelby County with nearby schools including Lowrance Elementary School, Southwind High School, and Power Center Academy - Southeast.

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