Solid Brick Rancher

Nice rancher located in the Rambo subdivision of Memphis, TN

Up for auction is 2255 Deadrick, Memphis, TN, 38114. This 1 story brick home was built in 1955, features approximately 1,075 square feet of living space, 2 bedrooms, 2 baths, central heat and air. This home will require rehab. It has some broken and boarded windows. The current listings range from $5,000 to $11,500 according to Realtor.com.  The most RECENT HOME SALES within 0.3 to 0.4 miles range from $7,500 to $45,000 during the period from 09/11/2009 to 11/18/2009 according to Realtor.com.  Average Listing Price: $55,836, Median Listing Price: $37,000 according to Realtor.com.  The buyer assumes taxes and liens.  The current estimated back taxes are $6,334.58.  There are no known liens. The buyer is responsible for verifying all taxes/liens by calling County Assessor’s Office (Shelby County) with tax ID#047020 00048 prior to bidding.  We encourage all bidders to do their due diligence.

The bid price is for the full purchase price of the house

House will be conveyed through Quit Claim Deed

There ia a 10% or $100 (which ever is greater) buyer's premium associated with this sale.

Deed prep and recording fees are $485.

Payment of $500 along with vesting information is due within 24 hrs of auction close, Balance due within 7 days.