NOT LISTED FOR SALE

3199 Ridgecrest St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $73,000 - $108,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $82,000 $68 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $514/month

Highlights

  • Traditional Architecture
  • Central Heating
  • Partially Carpeted
  • Separate Outdoor Workshop
  • Dining Room
  • Level Lot

About This Home

As of June 2021

Amazing investment property. Massive backyard. Newer roof. New paint and carpet. 2 story workshop. Priced to sell fast.

Last Agent to Sell the Property

Justin Yarbrough

JASCO Realty License #322421 Listed on: 04/08/2021

Last Buyer's Agent

Jimmy Kennedy

KAIZEN Realty, LLC License #303950

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 1952

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x205
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,071 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Ridgecrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070013 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 726C
  • MAAR Subdivision Name: RIDGECREST
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1071
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building, Workshop
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 13
  • Acreage: 0.3
  • Lot Size: 100X205
  • Price Per Acre: 266667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 070013 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 14, 2021
Sold by
Martinez Manuel
Bought by
Ellis Craig and Ellis Kimberly M
Seller's Agent
Justin Yarbrough
JASCO Realty
Buyer's Agent
Jimmy Kennedy
KAIZEN Realty, LLC
List Price
$80,000
Sold Price
$82,000
Premium/Discount to List
$2,000
2.5%
Current Estimated Value
$90,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,484
Avg. Annual Appreciation
2.28%
Original Mortgage
$56,800
Outstanding Balance
$51,425
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$39,059

Purchase Details

Closed on
Feb 4, 2021
Sold by
Deisher Lynda
Bought by
Martinez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ellis Craig $71,000 Sure Title Company Llc
Martinez Manuel $27,500 Sure Title Company Llc
Martinez Manuel $27,500 Sure Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Craig $56,800
Previous Owner Martinez Manuel $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $82,000 +2.5% $82 / Sq Ft
04/08/2021 04/08/21 For Sale $80,000 -- $80 / 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 $467 $18,500 $1,850 $16,650
2024 $467 $13,775 $1,525 $12,250
2023 $839 $13,775 $1,525 $12,250
2022 $839 $13,775 $1,525 $12,250
2021 $475 $13,775 $1,525 $12,250
2020 $697 $9,625 $1,525 $8,100
2019 $308 $9,625 $1,525 $8,100
2018 $308 $9,625 $1,525 $8,100
2017 $315 $9,625 $1,525 $8,100
2016 $472 $10,800 $0 $0
2014 $472 $10,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Yarbrough

    Seller's Agent in 2021

    Justin Yarbrough

    JASCO Realty

    (901) 258-6765

    4 in this area

    78 Total Sales

    Justin Yarbrough
    Section Image

  • J

    Buyer's Agent in 2021

    Jimmy Kennedy

    KAIZEN Realty, LLC

    (901) 221-4041

    23 in this area

    55 Total Sales

    Jimmy Kennedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096694

Memphis Area Association of REALTORS®

APN: 07-0013-0-0042

Tennessee Shelby County Memphis 38127 Frayser

3199 Ridgecrest St, Memphis, TN

This home is located at 3199 Ridgecrest St, Memphis, TN 38127 since 08 April 2021 and is currently estimated at $90,484, approximately $75 per square foot. This property was built in 1952. 3199 Ridgecrest St is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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