NOT LISTED FOR SALE

3602 Ridgemont Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $117,000 - $138,581

4 Beds
1.5 Baths
1,200-1,399 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2022

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

Est. 38% increase in value since last sale

Current estimated payment $763 / mo

6 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Porch
  • Brick Veneer
  • Partially Carpeted

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

eXp Realty License #321915 Listed on: 01/09/2022

eXp Realty

Last Buyer's Agent

Cathy Hunter Banks

eXp Realty License #321915 Listed on: 01/09/2022

eXp Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 19,166 Sq Ft Lot
  • Lot Dimensions are 113x173
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

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

Year Built

Built in 1970

Lot Details

0.44 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RIDGEMONT
  • List Price Per Sq Ft: 61
  • Number Of Stories: 1
  • 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
  • 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

Tax Info

  • Assessor Parcel Number: 090021 00055

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Bought by
Current Estimated Value
$127,895

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
$104,683
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$23,212

Purchase Details

Listed on
Jan 9, 2022
Closed on
Feb 4, 2022
Sold by
Bought by
Seller's Agent
Cathy Hunter Banks
eXp Realty
Buyer's Agent
Cathy Hunter Banks
eXp 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
7.48%
Original Mortgage
$93,750
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bought by

Purchase Details

Closed on
May 6, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Raleigh, TN

  • John Stamps Real Estate Agent - The Stamps Real Estate Company

    John Stamps

    The Stamps Real Estate Company

    (901) 546-4760

    78 Total Sales

    1 in Raleigh

    $269,000 Price

    John Stamps
     Section Image
  • Tara Woodley Real Estate Agent - Zach Taylor Real Estate

    Tara Woodley

    Zach Taylor Real Estate

    (901) 437-5536

    83 Total Sales

    3 in Raleigh

    $116K - $212K Price Range

    Tara Woodley
     Section Image
  • Rita Hallum Real Estate Agent - Crye-Leike, Inc., REALTORS

    Rita Hallum

    Crye-Leike, Inc., REALTORS

    (901) 979-6147

    100 Total Sales

    3 in Raleigh

    $129K - $250K Price Range

    Rita Hallum
     Section Image
  • C. Lauren Jones Real Estate Agent - Crye-Leike, Inc., REALTORS

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 881-4903

    92 Total Sales

    1 in Raleigh

    $170,000 Price

    C. Lauren Jones
     Section Image
  • Lisa Cox Real Estate Agent - Groome & Co.

    Lisa Cox

    Groome & Co.

    (901) 422-9448

    135 Total Sales

    3 in Raleigh

    $160K - $265K Price Range

    Lisa Cox
     Section Image
  • Brenda Allen Real Estate Agent - Leaving A Legacy Realty, LLC

    Brenda Allen

    Leaving A Legacy Realty, LLC

    (901) 763-6215

    41 Total Sales

    1 in Raleigh

    $157,000 Price

    Brenda Allen
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$139,800 Apperson Crump Plc
$92,500 None Listed On Document
$15,000 Saddle Creek Title
$18,615 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $111,840
Previous Owner $93,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $724 $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 Real Estate Agent - eXp Realty

    Seller's Agent in 2022

    Cathy Hunter Banks

    eXp Realty

    (901) 606-2374

    1 in this area

    23 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

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