NOT LISTED FOR SALE

3416 Ridgemont Rd Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $115,000 - $130,000

3 Beds
1.5 Baths
1,374 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $125,500 $91 Per Sq Ft

Current estimated payment $715/month

71 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Central Heating
  • No HOA
  • Tile Flooring
  • Property has 3 Levels

About This Home

As of June 2023

Nice cozy home in a quiet neighborhood. This home has 3 bedroom 1 and 1/2 baths. This would make a great purchased for a "Owner Occupant. One Bonus Room: Make it what you want: Game Room, Man Cave, or an Office. Great Job opportunities close by. Niki & Amazon Contact the Listing Agent for showing. School zone information Keystone Elementary, Raleigh Egypt Middle & High School. This home has great potential just waiting on a Buyer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x131
  • Chain Link Fence

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,374 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Fairfield Estates Rev Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090018 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1971
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1374
  • Living Area Units: Square Feet

Exterior Features

  • Fencing: Chain Link
  • Foundation Details: Slab
  • Other Structures: Storage
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 65X131
  • Lot Size Units: Acres
  • Parcel #: 090018 00026
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jun 9, 2023
Sold by
Burchettand James E
Bought by
Guzman Brenda F
List Price
$115,500
Sold Price
$125,500
Premium/Discount to List
$10,000
8.66%
Views
188
Current Estimated Value
$124,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$574
Avg. Annual Appreciation
-0.20%
Original Mortgage
$6,000
Outstanding Balance
$644
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$124,282

Purchase Details

Closed on
Jul 12, 2004
Sold by
Federal National Mortgage Association
Bought by
Burchett James B

Purchase Details

Closed on
Apr 28, 2004
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Feb 20, 2004
Sold by
Frederick Richard and Frederick Sharon
Bought by
Countrywide Home Loans Inc and Mortgage Electronic Registration Systems
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
Guzman Brenda F $125,500 Regency Title & Escrow
Burchett James B $26,000 --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Countrywide Home Loans Inc $50,329 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Brenda F $6,000
Open Guzman Brenda F $123,226
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $125,500 +8.7% $91 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $115,500 -- $84 / Sq Ft
Source: Realtracs

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 $598 $24,875 $2,625 $22,250
2024 $598 $17,650 $2,400 $15,250
2023 $1,075 $17,650 $2,400 $15,250
2022 $1,075 $17,650 $2,400 $15,250
2021 $609 $17,650 $2,400 $15,250
2020 $909 $12,550 $2,400 $10,150
2019 $401 $12,550 $2,400 $10,150
2018 $401 $12,550 $2,400 $10,150
2017 $411 $12,550 $2,400 $10,150
2016 $534 $12,225 $0 $0
2014 $534 $12,225 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3009802

Realtracs

APN: 09-0018-0-0026

Tennessee Shelby County Memphis 38128 Frayser

3416 Ridgemont Rd, Memphis, TN

This home is located at 3416 Ridgemont Rd, Memphis, TN 38128 since 02 January 2023 and is currently estimated at $124,926, approximately $90 per square foot. This property was built in 1971. 3416 Ridgemont Rd is a home located in Shelby County with nearby schools including Keystone Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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