NOT LISTED FOR SALE

3416 Ridgemont Rd Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $114,175 - $143,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $125,500 $90 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $746/month

129 Days on Market

Highlights

  • Water Access
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Traditional Architecture
  • Detached Garage
  • Walk-In Closet

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.

Last Listed By

Barbara Burchett

TRG Real Estate Services, LLC License #299137 Listed on: 01/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 65x131
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,399 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Parking

  • Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Water Access
  • Outdoor Storage

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Fairfield Estates Rev Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09001800026

Home Details

Home Type

Single Family

Est. Annual Taxes

$598

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 734A
  • MAAR Subdivision Name: Fairfield Estate Rev BLK C
  • List Price Per Sq Ft: 97
  • Number Of Stories: 1
  • Price Per Sq Ft: 89.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1399
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Walk-In Closet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Parking Display: C0D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Green Features

  • Green Feature Checklist: Yes

Lot Info

  • Lot Description: Some Trees, Water Access, Chain Fenced
  • Lot Size: 65X131

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 09001800026

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
Seller's Agent
Barbara Burchett
TRG Real Estate Services, LLC
Buyer's Agent
Chauncey Burton
Keller Williams
List Price
$135,500
Sold Price
$125,500
Premium/Discount to List
-$10,000
-7.38%
Total Days on Market
129
Views
188
Current Estimated Value
$124,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,206
Avg. Annual Appreciation
-1.38%
Original Mortgage
$6,000
Outstanding Balance
$2,311
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$119,816

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

Range of Values:

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Average Value
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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
Previous Owner Burchett James $44,250
Previous Owner Frederick Richard $58,900
Previous Owner Frederick Richard L $55,000
Previous Owner Frederick Richard L $46,384
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $125,500 -7.4% $105 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $135,500 +8.0% $113 / Sq Ft
01/22/2023 01/22/23 Off Market $125,500 -- --
01/18/2023 01/18/23 Price Changed $90,000 -22.1% $75 / Sq Ft
01/04/2023 01/04/23 For Sale $115,500 -8.0% $96 / Sq Ft
01/02/2023 01/02/23 Off Market $125,500 -- --
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
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

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Barbara Burchett

    TRG Real Estate Services, LLC

    (901) 235-0844

    1 in this area

    8 Total Sales

    Barbara Burchett
    Section Image
  • Chauncey Burton

    Buyer's Agent in 2023

    Chauncey Burton

    Keller Williams

    (901) 230-8414

    1 in this area

    41 Total Sales

    Chauncey Burton
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139688

Memphis Area Association of REALTORS®

APN: 09-0018-0-0026

Tennessee Shelby County Memphis 38128 Frayser

3416 Ridgemont Rd, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 3416 Ridgemont Rd, Memphis, TN 38128 since 02 January 2023 and is currently estimated at $124,294, approximately $88 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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