NOT LISTED FOR SALE

7531 Richmond Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $283,000 - $308,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $128,800 $46 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,739/month

37 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Soft Contemporary Architecture
  • Community Lake
  • Main Floor Primary Bedroom
  • Whirlpool Bathtub

About This Home

As of October 2013

4 Br 2.5 baths home in Richwood Subdivision. Over 2600 SF of well maintained dwelling, being offered at a very affordable Price that is subject to 3rd Party approval.

Last Agent to Sell the Property

John Payne

Performance, REALTORS License #203949 Listed on: 06/06/2013

Last Buyer's Agent

Thomas McGhee

Crye-Leike, Inc., REALTORS License #232675

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1988

Lot Details

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

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,672 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Popcorn or blown ceiling
  • Factory Built Fireplace
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

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

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number D0241A F00016

Community Details

Overview

  • Richmond Hills Sec A 1 Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,631

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: RICHWOOD PL
  • MLS Map #: 787E
  • MAAR Subdivision Name: RICHMOND HILLS SEC A-1
  • Number Of Stories: 2
  • Price Per Sq Ft: 48.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2672
  • Year Built: 1988
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Pull Down Attic Stairs, Cat/Dog Free House, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Nbrhd Recreation Facility
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 115
  • Acreage: 0.24
  • Lot Size: 10713SF 98.85/75.63X120/123.58

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: D0241A F00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Sorks Debbie and Matthews Debbie B
Bought by
Starks Debbie B and Starks Eddie G
Current Estimated Value
$294,870

Purchase Details

Listed on
Jun 6, 2013
Closed on
Oct 30, 2013
Sold by
Payne Charlie L and Payne Carrie B
Bought by
Matthews Debbie Brandley
Seller's Agent
John Payne
Performance, REALTORS
Buyer's Agent
Thomas McGhee
Crye-Leike, Inc., REALTORS
List Price
$111,500
Sold Price
$128,800
Premium/Discount to List
$17,300
15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$126,467
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Starks Debbie B -- None Available
Matthews Debbie Brandley $128,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starks Debbie B $5,000
Open Starks Debbie Bradley $10,795
Previous Owner Matthews Debbie Brandley $126,467
Previous Owner Payne Charlie L $180,000
Previous Owner Payne Charlie L $140,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $128,800 +15.5% $50 / Sq Ft
07/13/2013 07/13/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $111,500 -- $43 / 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 $1,631 $74,875 $13,300 $61,575
2024 $1,631 $48,100 $6,650 $41,450
2023 $1,631 $48,100 $6,650 $41,450
2022 $1,631 $48,100 $6,650 $41,450
2021 $1,659 $48,100 $6,650 $41,450
2020 $1,593 $39,325 $6,650 $32,675
2019 $1,593 $39,325 $6,650 $32,675
2018 $1,593 $39,325 $6,650 $32,675
2017 $1,616 $39,325 $6,650 $32,675
2016 $1,409 $32,250 $0 $0
2014 $1,409 $32,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Payne

    Seller's Agent in 2013

    John Payne

    Performance, REALTORS

    (901) 332-0715

    1 in this area

    22 Total Sales

    John Payne
    Section Image

  • T

    Buyer's Agent in 2013

    Thomas McGhee

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3276164

Memphis Area Association of REALTORS®

APN: D0-241A-F0-0016

Tennessee Shelby County Memphis 38125 Southern Shelby County

7531 Richmond Rd, Memphis, TN

This home is located at 7531 Richmond Rd, Memphis, TN 38125 since 06 June 2013 and is currently estimated at $294,870, approximately $105 per square foot. This property was built in 1988. 7531 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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