NOT LISTED FOR SALE

3602 Ridgemont Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $118,000 - $149,041

4 Beds
1.5 Baths
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $92,500 $66 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $754/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Partially Carpeted
  • Porch
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of February 2022

TENANT OCCUPIED DO NOT DISTURB TENANTS 4 Bedroom on about 1/2 acre lot. Rented at $795 mo

Last Agent to Sell the Property

Cathy Hunter Banks

BHHS McLemore & Co., Realty License #321915 Listed on: 01/09/2022

BHHS McLemore & Co., Realty

Last Buyer's Agent

Cathy Hunter Banks

BHHS McLemore & Co., Realty License #321915 Listed on: 01/09/2022

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $585

Year Built

  • Built in 1970

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 113x173
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,322 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Ridgemont Rd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090021 00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$585

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: RIDGEMONT
  • List Price Per Sq Ft: 61
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1322
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: 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: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 48
  • Acreage: 0.44
  • Lot Size: 113X173
  • Price Per Acre: 181818

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090021 00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Mid South Home Buyers Gp
Bought by
Dagdag Joshua
Current Estimated Value
$133,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,840
Outstanding Balance
$106,111
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$27,149

Purchase Details

Listed on
Jan 9, 2022
Closed on
Feb 4, 2022
Sold by
Zhen Jorence K and Zhen Carmen K
Bought by
901-2 0 Llc
Seller's Agent
Cathy Hunter Banks
BHHS McLemore & Co., Realty
Buyer's Agent
Cathy Hunter Banks
BHHS McLemore & Co., Realty
List Price
$80,000
Sold Price
$92,500
Premium/Discount to List
$12,500
15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$93,750
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2015
Sold by
Fannie Mae
Bought by
Mid South Homesbuyers Inc

Purchase Details

Closed on
May 6, 2015
Sold by
Porter Betty J
Bought by
Federal National Mortgage Association
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
Dagdag Joshua $139,800 Apperson Crump Plc
901-2 0 Llc $92,500 Apperson Crump Plc
Mid South Homesbuyers Inc $15,000 Saddle Creek Title
Federal National Mortgage Association $18,615 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagdag Joshua $111,840
Previous Owner 901-2 0 Llc $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $92,500 +15.6% $77 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $80,000 -- $67 / 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 $585 $26,900 $2,875 $24,025
2024 $585 $17,250 $2,250 $15,000
2023 $1,051 $17,250 $2,250 $15,000
2022 $1,051 $17,250 $2,250 $15,000
2021 $1,063 $17,250 $2,250 $15,000
2020 $989 $13,650 $2,250 $11,400
2019 $436 $13,650 $2,250 $11,400
2018 $436 $13,650 $2,250 $11,400
2017 $447 $13,650 $2,250 $11,400
2016 $605 $13,850 $0 $0
2014 $605 $13,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hunter Banks

    Seller's Agent in 2022

    Cathy Hunter Banks

    BHHS McLemore & Co., Realty

    (901) 606-2374

    1 in this area

    25 Total Sales

    Cathy Hunter Banks
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115543

Memphis Area Association of REALTORS®

APN: 09-0021-0-0055

Tennessee Shelby County Memphis 38128 Raleigh

3602 Ridgemont Rd, Memphis, TN

This home is located at 3602 Ridgemont Rd, Memphis, TN 38128 since 09 January 2022 and is currently estimated at $133,260, approximately $95 per square foot. This property was built in 1970. 3602 Ridgemont Rd is a home located in Shelby County with nearby schools including Egypt Elementary School, Raleigh Egypt High School, and Coleman School.

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