See Home Value
$190,639*
House - Off Market

1051 RICHLAND

Memphis, TN 38116
bedrooms
3 Beds
bathrooms
2 Baths
$167,000 - $203,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Aug 29, 2023
$220,000
Buyer
Seller
Sold Dec 26, 2018
$102,000
$102,000 by Bank Of America Na
Mortgage Due Jan 01, 2049

About This Property

This lovely home located in a peaceful, established area is searching for the perfect homebuyer. Visit to take a glimpse of the home with plenty of space for family fun. Additionally, the backyard is an ideal size perfect for relaxation for the summertime.
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold to Bessie Grant $220,000
Sold to Bessie Grant
Mar 23, 2023 No longer available -
No longer available
Mar 11, 2023 Price Decreased $185,000
↓ $10K (5.1%)
Price Decreased
Mar 2, 2023 Price Decreased $195,000
↓ $4K (2%)
Price Decreased
Feb 25, 2023 Relisted $199,000
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,800
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,671
  • Gross Building Area: 1,671
  • Building Area: 1,671
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,671
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELCHS SEQUOIA GARDENS
  • Land Acres: 0.386
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRANT BESSIE
  • Previous Owner : TDPR-101 LLC
  • Owner Before Previous Owner: LEGACY CAPITAL LLC

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022121

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-7075-0-0005
  • Lot: 99
  • Municipality: MEMPHIS
  • Latitude: 35.0071
  • Longitude: -90.0289

    Address

  • Full Address: 1051 Richland Dr
  • Address - House Number: 1051
  • Address - Street Name: Richland
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 8215
  • Zip Code: 38116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,195

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 202,702
  • High Value: 255,270
  • Low Value: 150,134

    Market Valuation

  • Market Total Value: $144,100
  • Market Land Value: $16,600
  • Market Improvement Value: $127,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,025
  • Assessed Land Value: $4,150
  • Assessed Improvements Value: $31,875

    Sales

  • Current Sale Contract Date: Aug 08, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11911754860
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72086
  • Previous Sale Recording Date: Dec 26, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Dec 26, 2018
  • Previous Mortgage Loan Amount: $102,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$173,000 Jan 12, 2023
-
$100/mo

About Mc Kellar - Whitehaven-Levi PD


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Frequently Asked Questions

When was property at 1051 Richland Drive built and last sold?
The property at 1051 Richland Drive was built in 1956 and last sold on Aug 8, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 1051 Richland Drive is $200,990.
What are some comparable homes to 1051 Richland Drive?
Homes that are comparable to 1051 Richland Drive include a house property at 5244 Whitworth Street, located in Memphis, TN.

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