Seller's Agent in 2025
Jeremy Veldman
KAIZEN Realty, LLC
(901) 221-4041
60 in this area
212 Total Sales
3379 Ridgecrest St Memphis, TN 38127
Frayser Neighborhood
3
Beds
1
Bath
1,600-1,799
Sq Ft
0.38
Acres
Highlights
- Traditional Architecture
- Eat-In Kitchen
- Central Heating and Cooling System
- 1 Fireplace
- Patio
- Partially Carpeted
About This Home
As of July 2025GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom home is rented to a stable, long-term tenant for $950/month, lease is good until 12/31/2025. Tenant has occupied the home since 2016 and has a near perfect payment history. Home features spacious den with fireplace, large living room, 1 car carport in front, 2 car carport in back, large back yard, convenient location and many other amenities that will keep this home in consistent demand for tenants and homeowners alike! Professionally managed, do not disturb tenant. Tenant ledger and maintenance report available upon request.
Last Agent to Sell the Property
KAIZEN Realty, LLC License #327507 Listed on: 03/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $732
Year Built
- Built in 1955
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 75x221
- Level Lot
Home Design
- Traditional Architecture
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,610 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Partially Carpeted
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Additional Features
- Patio
- Central Heating and Cooling System
Community Details
- Ridgecrest 4Th Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 070005 00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2025
Closed on
Jul 7, 2025
Sold by
Smith Russell
Bought by
Yerington Investments Llc
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.82%
Original Mortgage
$84,000
Outstanding Balance
$84,000
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$29,819
Purchase Details
Listed on
Aug 1, 2019
Closed on
Aug 30, 2019
Sold by
Boushakra Mazin
Bought by
Smith Russell
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$65,900
Sold Price
$65,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$52,720
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2015
Sold by
Mid South Homebuyers Inc
Bought by
Boushakra Mazin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,760
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 25, 2015
Closed on
Oct 6, 2015
Sold by
The Bank Of New York Mellon
Bought by
Mid South Homebuyers Inc
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Barry Less
Leco Realty, Inc.
List Price
$15,500
Sold Price
$12,700
Premium/Discount to List
-$2,800
-18.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.58%
Purchase Details
Listed on
Aug 25, 2015
Closed on
Aug 11, 2015
Sold by
Wilkerson Autra
Bought by
The Bank Of New York Mellon and The Bank Of New York
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Barry Less
Leco Realty, Inc.
List Price
$15,500
Sold Price
$12,700
Premium/Discount to List
-$2,800
-18.06%
Purchase Details
Closed on
May 2, 1997
Sold by
Barnett Lonnie K and Barnett Mary Lou
Bought by
Wilkerson Autra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,981
Interest Rate
7.98%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | Saddle Creek Title | |
| Warranty Deed | $65,900 | None Available | |
| Warranty Deed | $59,700 | Saddle Creek Title Llc | |
| Special Warranty Deed | $12,700 | Attorney | |
| Trustee Deed | $17,000 | Attorney | |
| Warranty Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,000 | Credit Line Revolving | |
| Previous Owner | $52,720 | New Conventional | |
| Previous Owner | $47,760 | New Conventional | |
| Previous Owner | $64,600 | Unknown | |
| Previous Owner | $55,981 | FHA | |
| Closed | $2,699 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $105,000 | -8.7% | $66 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $115,000 | +74.5% | $72 / Sq Ft |
| 08/30/2019 08/30/19 | Sold | $65,900 | 0.0% | $47 / Sq Ft |
| 08/01/2019 08/01/19 | For Sale | $65,900 | +418.9% | $47 / Sq Ft |
| 10/02/2015 10/02/15 | Sold | $12,700 | -18.1% | $8 / Sq Ft |
| 09/17/2015 09/17/15 | Pending | -- | -- | -- |
| 08/25/2015 08/25/15 | For Sale | $15,500 | -- | $9 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $732 | $35,100 | $1,900 | $33,200 |
| 2024 | $732 | $21,600 | $1,625 | $19,975 |
| 2023 | $1,316 | $21,600 | $1,625 | $19,975 |
| 2022 | $1,316 | $21,600 | $1,625 | $19,975 |
| 2021 | $745 | $21,600 | $1,625 | $19,975 |
| 2020 | $1,116 | $15,400 | $1,625 | $13,775 |
| 2019 | $492 | $15,400 | $1,625 | $13,775 |
| 2018 | $492 | $15,400 | $1,625 | $13,775 |
| 2017 | $504 | $15,400 | $1,625 | $13,775 |
| 2016 | $636 | $14,550 | $0 | $0 |
| 2014 | $636 | $14,550 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Veldman
-
Barry Less
Seller's Agent in 2015
Barry Less
Leco Realty, Inc.
(901) 461-0046
6 in this area
150 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10191691
APN: 07-0005-0-0003
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