NOT LISTED FOR SALE

1723 Ridge Oak Place Unit 3 Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $125,000 - $141,000

2 Beds
2 Baths
938 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $108,000 $115 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $748/month

About This Home

As of June 2020

2BD/2BA Condo in Whispering Oaks. Available to see on 5/08/2021. Split floor plan. 938 square feet. Refrigerator and washer and dryer stays. Fully fenced patio. Comes with one covered parking spot. Guest parking available. Pets welcome with owner's approval; fees apply. Amenities include: In-ground neighborhood pool. Water/sewer/grounds maintenance/pest control are all included. All adult applicants must qualify as per CLPM. Minimum 13 month lease. Will be managed by owner.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 2, 2020
Sold by
Damico Michael and Damico Michele M
Bought by
Damico Michael D and Damico Michele Mueller
Seller's Agent
John Quinn
REMAX Experts
Buyer's Agent
Bob Geabhart
Crye-Leike, Inc., REALTORS
List Price
$108,000
Sold Price
$108,000
Current Estimated Value
$129,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,856
Avg. Annual Appreciation
3.81%

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jun 24, 2020
Sold by
Matlock David and Matlock Alexandra
Bought by
Damico Michael and Damico Michele M
Seller's Agent
John Quinn
REMAX Experts
Buyer's Agent
Bob Geabhart
Crye-Leike, Inc., REALTORS
List Price
$108,000
Sold Price
$108,000

Purchase Details

Listed on
Mar 6, 2019
Closed on
Apr 5, 2019
Sold by
Bishop Ronald R and Bishop Sheri R
Bought by
Matlock Alexander and Matlock David
Seller's Agent
David Kam
KAIZEN Realty, LLC
Buyer's Agent
Andres Zuluaga
Coldwell Banker Collins-Maury
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%
Original Mortgage
$43,220
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 21, 2017
Sold by
Murphy Jomi and Murphy Ron
Bought by
Bishop Ronald R and Bishop Sheri R
Seller's Agent
Kim Jones
Faith Management & Realty Grou
Buyer's Agent
Kay Coleman Gordon
REMAX Experts
List Price
$78,000
Sold Price
$70,000
Premium/Discount to List
-$8,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
Oct 12, 2012
Sold by
Feathers Jesse
Bought by
Pike Jomi

Purchase Details

Closed on
Jun 1, 2011
Sold by
Robins David B
Bought by
Feathers Jesse

Purchase Details

Closed on
Jul 23, 2004
Sold by
Robins David B and Robins Andrea
Bought by
Robins David B and David B Robins Revocable Trust

Purchase Details

Closed on
Dec 28, 1999
Sold by
Mays John Garner
Bought by
Robins David B and Robins Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.8%

Purchase Details

Closed on
May 25, 1999
Sold by
West Elizabeth K Trust
Bought by
Mavs John Garner
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Damico Michael D -- None Available
Damico Michael $108,000 None Available
Matlock Alexander $90,000 Sure Title Company Llc
Bishop Ronald R $70,000 None Available
Pike Jomi $50,000 None Available
Feathers Jesse $63,000 Stewart Title Of Memphis Inc
Robins David B -- --
Robins David B $63,500 --
Mavs John Garner $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matlock Alexander $43,220
Previous Owner Robins David B $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Rented $1,250 0.0% --
12/14/2022 12/14/22 Under Contract -- -- --
12/14/2022 12/14/22 Price Changed $1,250 -2.0% $1 / Sq Ft
10/21/2022 10/21/22 Price Changed $1,275 -1.5% $1 / Sq Ft
08/24/2022 08/24/22 For Rent $1,295 0.0% --
05/15/2021 05/15/21 Rented $1,295 0.0% --
04/26/2021 04/26/21 Under Contract -- -- --
04/20/2021 04/20/21 For Rent $1,295 +1.6% --
10/01/2020 10/01/20 Rented $1,275 0.0% --
08/09/2020 08/09/20 For Rent $1,275 0.0% --
06/24/2020 06/24/20 Sold $108,000 0.0% $1,080 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $108,000 +21.3% $1,080 / Sq Ft
04/05/2019 04/05/19 Sold $89,000 0.0% $89 / Sq Ft
03/06/2019 03/06/19 For Sale $89,000 +27.1% $89 / Sq Ft
02/21/2017 02/21/17 Sold $70,000 -10.3% $700 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $78,000 -- $780 / Sq Ft

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 $702 $31,425 $2,100 $29,325
2024 $702 $20,700 $2,100 $18,600
2023 $1,261 $20,700 $2,100 $18,600
2022 $1,261 $20,700 $2,100 $18,600
2021 $714 $20,700 $2,100 $18,600
2020 $1,201 $16,575 $2,100 $14,475
2019 $530 $16,575 $2,100 $14,475
2018 $530 $16,575 $2,100 $14,475
2017 $542 $16,575 $2,100 $14,475
2016 $546 $12,500 $0 $0
2014 $546 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kim Love

    Crye-Leike

    (901) 758-5678

    Kim Love
    Section Image

  • C

    Seller's Agent in 2021

    Catherine Mueller

    Crye-Leike

  • C

    Buyer's Agent in 2021

    Craig Knox

    Crye-Leike

    (901) 758-5678

    Craig Knox
    Section Image
  • John Quinn

    Seller's Agent in 2020

    John Quinn

    RE/MAX

    (901) 481-2008

    6 in this area

    352 Total Sales

    John Quinn
    Section Image
  • Terry Roach

    Seller Co-Listing Agent in 2020

    Terry Roach

    Adaro Realty, Inc.

    (901) 258-6710

    1 in this area

    33 Total Sales

    Terry Roach
    Section Image
  • Bob Geabhart

    Buyer's Agent in 2020

    Bob Geabhart

    Crye-Leike

    (901) 830-8811

    2 in this area

    23 Total Sales

    Bob Geabhart
    Section Image
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Map

Tennessee Shelby County Memphis 38120 River Oaks

1723 Ridge Oak Place Unit 3, Memphis, TN

This home is located at 1723 Ridge Oak Place Unit 3, Memphis, TN 38120 and is currently estimated at $129,856, approximately $138 per square foot. 1723 Ridge Oak Place Unit 3 is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and White Station High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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