NOT LISTED FOR SALE

3116 Raleigh Ridge Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $235,769 - $259,000

4 Beds
3 Baths
2,160 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $85,000 $39 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,394/month

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of September 2023

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gathe

Last Agent to Rent the Property

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 09/25/2023

Last Renter's Agent

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 09/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 96x113

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,160 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Ridge Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087053 A00057

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH RIDGE PARK
  • Freestanding: Yes
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 0.78
  • Estimated Sq Ft: 2160
  • Year Built: 1978
  • List Price/ Sq Ft: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 3
  • Equipment: Refrigerator
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 57
  • Acreage: 0.24
  • Lot Size: 96X113
  • Price Per Acre: 7062

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087053 A00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2015
Closed on
Apr 1, 2015
Sold by
Kuhn Barry W
Bought by
Eph 2 Assets Llc
Seller's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
Buyer's Agent
Rustin Randall
Main Street Renewal, LLC
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Current Estimated Value
$246,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,942
Avg. Annual Appreciation
10.61%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Eph 2 Assets Llc $85,000 Saddle Creek Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Rented $1,695 0.0% --
09/26/2023 09/26/23 Under Contract -- -- --
09/25/2023 09/25/23 For Rent $1,695 0.0% --
04/01/2015 04/01/15 Sold $85,000 -10.5% $39 / Sq Ft View Prior Sale
03/04/2015 03/04/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $95,000 -- $43 / 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 $1,186 $60,725 $6,250 $54,475
2024 $1,186 $34,975 $5,225 $29,750
2023 $2,131 $34,975 $5,225 $29,750
2022 $2,131 $34,975 $5,225 $29,750
2021 $1,207 $34,975 $5,225 $29,750
2020 $1,746 $24,100 $5,225 $18,875
2019 $770 $24,100 $5,225 $18,875
2018 $770 $24,100 $5,225 $18,875
2017 $788 $24,100 $5,225 $18,875
2016 $999 $22,850 $0 $0
2014 $999 $22,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2023

    Stacey Spratlin

    Main Street Renewal, LLC

    (901) 487-9683

    2 Total Sales

    Stacey Spratlin
    Section Image
  • Melody Bourell

    Seller's Agent in 2015

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    257 Total Sales

    Melody Bourell
    Section Image

  • R

    Buyer's Agent in 2015

    Rustin Randall

    Main Street Renewal, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157524

Memphis Area Association of REALTORS®

APN: 08-7053-A0-0057

Tennessee Shelby County Memphis 38128 Raleigh

3116 Raleigh Ridge Cove, Memphis, TN

This home is located at 3116 Raleigh Ridge Cove, Memphis, TN 38128 since 25 September 2023 and is currently priced at $246,942. This property was built in 1978. 3116 Raleigh Ridge Cove is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

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