NOT LISTED FOR SALE

7397 Richmond Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $267,388 - $330,000

3 Beds
2.5 Baths
2,200-2,399 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $161,500 $67 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,708/month

52 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Deck
  • Traditional Architecture
  • Attic

About This Home

As of July 2017

This house is a GEM! No city taxes! New kitchen cabinetry. New windows and 2" blinds throughout. New tear-down architectural shingled roof. New carpet throughout. New neutral paint on walls, ceilings, trim & doors throughout. New light fixtures throughout. New plumbing fixtures. New thermostats, door bell, door knobs, smoke alarms & vents. Ducts professionally cleaned. House has great bones and tons of appeal! If using FHA/VA loan, closing end of June or early July.

Last Agent to Sell the Property

Mary Prascak

Keller Williams License #322149 Listed on: 03/14/2017

Keller Williams

Last Buyer's Agent

Linda McKendree

BHHS Taliesyn Realty License #278483

BHHS Taliesyn Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,347 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Double Pane Windows
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater

Community Details

  • Richmond Oaks Fnl Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0241B A00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Lowrance
  • MLS Map #: 787E
  • MAAR Subdivision Name: RICHMOND OAKS
  • List Price Per Sq Ft: 71
  • Number Of Stories: 2
  • Price Per Sq Ft: 68.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2347
  • Termite Contract: Yes
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Fireplace: Masonry, In Den/Great Room, Glass Doors
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Mud Room, Cat/Dog Free House, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Deck, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Electric
  • Security: Smoke Detector(s), Iron Door(s)
  • Water Sewer: Gas Water Heater, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 51
  • Acreage: 0.24
  • Lot Size: .241AC 85.4/92.61X118/118.22
  • Price Per Acre: 695417

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0241B A00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Jul 10, 2017
Sold by
Prascak Berett and Prascak Mary
Bought by
Day Justin B
Seller's Agent
Mary Prascak
Keller Williams
Buyer's Agent
Linda McKendree
BHHS Taliesyn Realty
List Price
$167,900
Sold Price
$161,500
Premium/Discount to List
-$6,400
-3.81%
Current Estimated Value
$290,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,097
Avg. Annual Appreciation
7.06%
Original Mortgage
$158,574
Outstanding Balance
$132,948
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$148,378

Purchase Details

Closed on
Mar 14, 2017
Sold by
Four C Mart Llc
Bought by
Mary Prasca K and Mary Prasca K

Purchase Details

Closed on
Feb 5, 2010
Sold by
Prascak Brett and Prascak Mary
Bought by
4C & Mart Llc

Purchase Details

Closed on
Oct 9, 2009
Sold by
Gp Investor Nation
Bought by
Prascak Brett and Prascak Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Gp Investor Nation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2009
Sold by
Blount Chemeko
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 14, 2006
Sold by
Boyd Roderick
Bought by
Blount Chemeko M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
9.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 19, 2002
Sold by
Barnett Jennifer Anne
Bought by
Hud

Purchase Details

Closed on
Nov 9, 1998
Sold by
Henley Harold W and Henley Edna E
Bought by
Henley Harold W and Henley Glenda J

Purchase Details

Closed on
Jul 31, 1995
Bought by
Henley Harold W and Henley Glenda J
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
Day Justin B $161,500 Memphis Title Co
Mary Prasca K -- None Available
4C & Mart Llc -- None Available
Prascak Brett $82,500 Service First Title & Escrow
Gp Investor Nation $64,900 Landcastle Title Llc
Deutsche Bank National Trust Company $57,750 None Available
Blount Chemeko M $165,000 None Available
Hud $102,822 --
Henley Harold W -- --
Henley Harold W $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Justin B $158,574
Previous Owner Prascak Brett J $110,000
Previous Owner Prascak Brett $104,500
Previous Owner Blount Chemeko M $156,750
Previous Owner Boyd Roderick $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $161,500 -3.8% $73 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $167,900 -- $76 / 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 $1,527 $70,575 $13,250 $57,325
2024 $1,527 $45,050 $6,625 $38,425
2023 $1,527 $45,050 $6,625 $38,425
2022 $1,527 $45,050 $6,625 $38,425
2021 $1,554 $45,050 $6,625 $38,425
2020 $1,546 $38,175 $6,625 $31,550
2019 $1,546 $38,175 $6,625 $31,550
2018 $1,546 $38,175 $6,625 $31,550
2017 $1,569 $38,175 $6,625 $31,550
2016 $1,296 $29,650 $0 $0
2014 $1,296 $29,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Prascak

    Keller Williams

    (901) 262-7761

    1 in this area

    7 Total Sales

    Mary Prascak
    Section Image

  • L

    Buyer's Agent in 2017

    Linda McKendree

    BHHS Taliesyn Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9997489

Memphis Area Association of REALTORS®

APN: D0-241B-A0-0019

Tennessee Shelby County Memphis 38125 Southern Shelby County

7397 Richmond Rd, Memphis, TN

This home is located at 7397 Richmond Rd, Memphis, TN 38125 since 14 March 2017 and is currently estimated at $290,597, approximately $121 per square foot. This property was built in 1988. 7397 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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