NOT LISTED FOR SALE

3121 Raleigh Ridge Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $198,000 - $221,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $98,000 $61 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,203/month

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Tile Flooring
  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room

About This Home

As of June 2019

This is an As-Is sale**

Last Agent to Sell the Property

Vinh Le

BEST Real Estate Company License #310009 Listed on: 04/20/2019

BEST Real Estate Company

Co-Listed By

Gary Seto

eXp Realty, LLC License #349515

Last Buyer's Agent

Vinh Le

BEST Real Estate Company License #310009 Listed on: 04/20/2019

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1976

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,483 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • In Ground Pool
  • Electric Water Heater

Community Details

  • Raleigh Ridge Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087053 A00132

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH RIDGE PARK
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1483
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Water Sewer: Electric Water Heater, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 63and64
  • Acreage: 0.3
  • Lot Size: 105.99/41.37 X 190.9/180 79
  • Price Per Acre: 366667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 087053 A00132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Mercy Investments
Bought by
Mercy Investments
Current Estimated Value
$211,850

Purchase Details

Listed on
Apr 20, 2019
Closed on
Jun 17, 2019
Sold by
Viana William
Bought by
Mercy Investments Llc
Seller's Agent
Vinh Le
BEST Real Estate Company
Buyer's Agent
Vinh Le
BEST Real Estate Company
List Price
$110,000
Sold Price
$98,000
Premium/Discount to List
-$12,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%

Purchase Details

Closed on
Aug 16, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Nguyen Ky Chi

Purchase Details

Closed on
Sep 24, 2010
Sold by
Turpin John C and Turpin Theresa
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 28, 2002
Sold by
Gillespie Dennis D
Bought by
Turpin John C and Turpin Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,216
Interest Rate
6.31%

Purchase Details

Closed on
Oct 25, 1999
Sold by
Gillespie Patricia H
Bought by
Gillespie Dennis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.81%
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
Mercy Investments -- Edco Title & Closing Services
Mercy Investments Llc -- Edco Ttl & Closing Svcs Inc
Viana William $98,000 Edco Ttl & Closing Svcs Inc
Nguyen Ky Chi $36,600 None Available
The Secretary Of Housing & Urban Develop $122,373 None Available
Turpin John C $100,000 --
Gillespie Dennis D $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turpin John C $99,216
Previous Owner Gillespie Dennis D $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $98,000 -10.9% $70 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $110,000 -- $79 / 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 $1,109 $52,375 $6,250 $46,125
2024 $1,109 $32,725 $5,225 $27,500
2023 $1,993 $32,725 $5,225 $27,500
2022 $1,993 $32,725 $5,225 $27,500
2021 $2,017 $32,725 $5,225 $27,500
2020 $1,681 $23,200 $5,225 $17,975
2019 $741 $23,200 $5,225 $17,975
2018 $741 $23,200 $5,225 $17,975
2017 $759 $23,200 $5,225 $17,975
2016 $938 $21,475 $0 $0
2014 $938 $21,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vinh Le

    Seller's Agent in 2019

    Vinh Le

    BEST Real Estate Company

    (901) 230-6636

    39 Total Sales

    Vinh Le
    Section Image

  • G

    Seller Co-Listing Agent in 2019

    Gary Seto

    eXp Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10050823

Memphis Area Association of REALTORS®

APN: 08-7053-A0-0132

Tennessee Shelby County Memphis 38128 Raleigh

3121 Raleigh Ridge Cove, Memphis, TN

This home is located at 3121 Raleigh Ridge Cove, Memphis, TN 38128 since 20 April 2019 and is currently estimated at $211,850, approximately $132 per square foot. This property was built in 1976. 3121 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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