NOT LISTED FOR SALE

Estimated Value: $70,000 - $163,000

3 Beds
1 Bath
100-999 Sq Ft
$99/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $5,500 $6 Per Sq Ft

Est. 1,706% increase in value since last sale

Current estimated payment $579/month

525 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Separate Formal Living Room
  • Partially Carpeted
  • 1-Story Property

About This Home

As of March 2017

Great house for someone willig to do some work. Great rental area. Perfect for a investor.

Last Listed By

Joe King

Marathon REALTORS, LLC License #291170 Listed on: 08/07/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $284

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 100-999 Sq Ft Home
  • 816 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Ridgegrove Re Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071055 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$284

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725B
  • MAAR Subdivision Name: RIDGEGROVE BLK A
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Price Per Sq Ft: 6.74
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 816
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 18
  • Acreage: 0.18
  • Lot Size: 89.535/72.54 X 103/96.825
  • Price Per Acre: 55000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071055 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Mar 10, 2017
Sold by
Wmmc Construction Llc
Bought by
Topstone Inv Mem 1 Llc
Seller's Agent
Joe King
Marathon REALTORS, LLC
Buyer's Agent
Seldon Briggs
Assured Real Estate Services
List Price
$14,900
Sold Price
$5,500
Premium/Discount to List
-$9,400
-63.09%
Total Days on Market
525
Current Estimated Value
$99,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,845
Avg. Annual Appreciation
42.69%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Wmmc Llc
Bought by
Ajw Investments Llc

Purchase Details

Closed on
Sep 24, 2009
Sold by
Seg Commercial Llc
Bought by
Vermette Phillipe

Purchase Details

Closed on
Aug 12, 2009
Sold by
Sang Judy Lee Chen
Bought by
Seg Commercial Llc

Purchase Details

Closed on
Aug 6, 2009
Sold by
Go Invest Wisely Llc
Bought by
Sang Judy Lee Chen

Purchase Details

Closed on
Jan 16, 2009
Sold by
Capital Equity Partners Llc
Bought by
Go Invest Wisely Llc

Purchase Details

Closed on
Dec 26, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Capital Equity Partners Llc

Purchase Details

Closed on
May 19, 2008
Sold by
Keith Richard and Keith Tonya
Bought by
Hsbc Bank Usa Na and Normura Asset Acceptance Corp Mortgage P

Purchase Details

Closed on
Jan 25, 2006
Sold by
Keith Richard
Bought by
T & R Investments Of Tennessee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2005
Sold by
T & R Investments Of Tennessee Llc
Bought by
Keith Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 16, 2005
Sold by
Jpmorgan Chase Bank
Bought by
T & R Investments Of Tn Llc

Purchase Details

Closed on
Jun 19, 2003
Sold by
Hansard Steve M
Bought by
The Provident Bank

Purchase Details

Closed on
Sep 8, 1998
Sold by
Todd Awtrey
Bought by
Hansard Steve M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
6.99%

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
Topstone Inv Mem 1 Llc $13,500 Regency Title & Escrow Llc
Wmmc Construction Llc $5,500 None Available
Ajw Investments Llc $9,000 Saddle Creek Title
Wmmc Llc $1,500 None Available
Vermette Phillipe $25,900 None Available
Seg Commercial Llc $5,000 None Available
Sang Judy Lee Chen -- None Available
Go Invest Wisely Llc $6,000 None Available
Capital Equity Partners Llc $3,999 Associates Closing & Title
Hsbc Bank Usa Na $45,513 None Available
T & R Investments Of Tennessee Llc -- None Available
Keith Richard -- --
T & R Investments Of Tn Llc $11,000 --
Jpmorgan Chase Bank -- --
The Provident Bank $27,900 --
Hansard Steve M $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Topstone Inv Mem 1 Llc $300,000
Closed Topstone Inv Mem 1 Llc $450,000
Closed Topstone Inv Mem 1 Llc $37,500
Closed Topstone Inv Mem 1 Llc $35,000
Previous Owner Keith Richard $41,250
Previous Owner Hansard Steve M $36,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $5,500 -63.1% $55 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
08/07/2015 08/07/15 For Sale $14,900 -- $149 / 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
2024 $284 $8,375 $1,250 $7,125
2023 $510 $8,375 $1,250 $7,125
2022 $510 $8,375 $1,250 $7,125
2021 $516 $8,375 $1,250 $7,125
2020 $453 $6,250 $1,250 $5,000
2019 $453 $6,250 $1,250 $5,000
2018 $453 $6,250 $1,250 $5,000
2017 $288 $7,000 $1,250 $5,750
2016 $317 $7,250 $0 $0
2014 $317 $7,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Memphis Area Association of REALTORS®

MLS Number: 9958787

Memphis Area Association of REALTORS®

APN: 07-1055-0-0021