$77,000
SOLD FEB 6, 2020

1723 Ridge Oak Place Unit 4 Memphis, TN 38120

River Oaks Neighborhood
2 Beds
2 Baths
100-999 Sq Ft
871 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

8% Below List Price

46 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Balcony
  • White Station High Rated A
  • Community Pool
  • Detached Garage

About This Home

As of February 2020

Condo available in East Memphis at the edge of Germantown. 2 Bedroom/ 2 Bath 2nd floor condo. Unit needs work. Property has 3 pools. HOA fees $157/month. HOA fees include water/sewer, exterior maintenance, lawn care and insurance, reserve fund and termite contract.

Last Agent to Sell the Property

Kim Jones

Faith Management & Realty Grou License #331824 Listed on: 12/09/2019

Last Buyer's Agent

Court Satterfield

Faith Management & Realty Grou License #352378

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1978

Home Design

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

Interior Spaces

  • 100-999 Sq Ft Home
  • 962 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Termite Clearance
  • Iron Doors

Parking

  • Detached Garage
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Landscaped
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 080008 M00222

Community Details

Overview

  • Property has a Home Owners Association
  • $157 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, exterior insurance, reserve fund, pest control contract
  • 8 Units
  • Whispering Oaks Community
  • Whispering Oaks Condo Subdivision
  • Property managed by Faith Mgmt

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,070

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Upstairs - Flat
  • Detached Unit Type: General Residential
  • Cross Street: Kirby Parkway
  • MLS Map #: 782F
  • MAAR Subdivision Name: RIVER OAKS
  • Condo: Yes
  • List Price Per Sq Ft: 87
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 962
  • Termite Contract: Yes
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Balcony, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Door(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen, Clubhouse w/Baths, Community Laundry
  • Condo Fees Include: Water/Sewer, Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Whispering Oaks
  • Management Company: Faith Mgmt
  • Neighborhood Amenities: Club House, Pool

Fee Information

  • Monthly Maintenance Fee: 157

Lot Info

  • Acreage: 0.02
  • Price Per Acre: 4200000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 080008 M00222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Alan Akil Fred
Bought by
Woodstock69 Llc
Total Days on Market
46
Current Estimated Value
$122,444

Purchase Details

Listed on
Dec 9, 2019
Closed on
Feb 6, 2020
Sold by
Tait Joy Denise and Turner Donna Jean
Bought by
Akil Fred Alan
Seller's Agent
Kim Jones
Faith Management & Realty Grou
Buyer's Agent
Court Satterfield
Faith Management & Realty Grou
List Price
$84,000
Sold Price
$77,000
Premium/Discount to List
-$7,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Jul 3, 2005
Sold by
Yek Sien H
Bought by
Bowen Joy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 31, 1999
Sold by
Dacus William E and Dacus E
Bought by
Yek Sien H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Christopher J Thornton Pc
Warranty Deed $77,000 None Available
Warranty Deed $74,500 --
Warranty Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,600 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2020 05/09/20 Rented $1,195 0.0% --
04/15/2020 04/15/20 Under Contract -- -- --
03/28/2020 03/28/20 For Rent $1,195 0.0% --
02/06/2020 02/06/20 Sold $77,000 -8.3% $770 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $84,000 -- $840 / 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 $1,070 $50,280 $3,360 $46,920
2024 $1,070 $31,560 $3,360 $28,200
2023 $1,923 $31,560 $3,360 $28,200
2022 $1,202 $19,725 $2,100 $17,625
2021 $535 $19,725 $2,100 $17,625
2020 $530 $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

  • C

    Seller's Agent in 2020

    Court Satterfield

    Faith Management & Realty Grou

    (901) 598-6391

    21 in this area

    74 Total Sales

    Court Satterfield
    Section Image
  • Kim Jones

    Seller's Agent in 2020

    Kim Jones

    Faith Management & Realty Grou

    (901) 494-1667

    11 in this area

    58 Total Sales

    Kim Jones
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10067481

Memphis Area Association of REALTORS®

APN: 08-0008-M0-0222

Tennessee Shelby County Memphis 38120 River Oaks

1723 Ridge Oak Place Unit 4, Memphis, TN

This home is located at 1723 Ridge Oak Place Unit 4, Memphis, TN 38120 and is currently priced at $77,000, approximately $77 per square foot. This property was built in 1978. 1723 Ridge Oak Place Unit 4 is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and White Station High.

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