NOT LISTED FOR SALE

3612 Ridgemont Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $110,000 - $133,000

3 Beds
1 Bath
941 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2021

Last sale price $50,000 $53 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $689 / mo

13 Days on Market

About This Home

As of January 2021

This home is located at 3612 Ridgemont Rd, Memphis, TN 38128 since 01 January 2021 and is currently estimated at $120,888, approximately $128 per square foot. This property was built in 1970. 3612 Ridgemont Rd is a home located in Shelby County with nearby schools including Egypt Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 01/01/2021

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 70x200

Parking

  • 1 Parking Space

Interior Spaces

  • 941 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Ridgemont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090021 00054

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0.32 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RIDGEMONT
  • List Price Per Sq Ft: 53
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 941
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 47
  • Acreage: 0.32
  • Lot Size: 70X200

Tax Info

  • Assessor Parcel Number: 090021 00054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Wo Sfr Llc
Bought by
Vivekanandan Premanand and Sankar Priyadharshini
Current Estimated Value
$120,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Outstanding Balance
$84,381
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$36,507

Purchase Details

Closed on
Apr 29, 2022
Sold by
Gogo Real Estate Llc
Bought by
Wo Sfr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.42%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 1, 2021
Closed on
Jan 13, 2021
Sold by
Reasons Daniel B
Bought by
Gogo Real Estate Llc
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%

Purchase Details

Listed on
Dec 19, 2017
Closed on
Mar 9, 2018
Sold by
Pegasus Real Estate Services Llc
Bought by
Reasons Daniel B
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Pat Burleson
RiverTown Realty
List Price
$26,000
Sold Price
$30,501
Premium/Discount to List
$4,501
17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.58%
Original Mortgage
$48,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 21, 2018
Sold by
The Secretary Of Hud
Bought by
Pegasus Real Estate Services Llc
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Pat Burleson
RiverTown Realty
List Price
$26,000
Sold Price
$30,501
Premium/Discount to List
$4,501
17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2017
Sold by
Mcneal Broderick
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Apr 16, 1997
Sold by
Butler Charles V
Bought by
Mcneal Broderick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1996
Sold by
Weiss Arnold M
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vivekanandan Premanand $115,000 Home Surety Title
Wo Sfr Llc $70,000 New Title Company Name
Gogo Real Estate Llc $50,000 None Available
Reasons Daniel B $69,900 Saddle Creek Title Llc
Pegasus Real Estate Services Llc $30,501 Saddle Creek Title Llc
The Secretary Of Hud $13,065 None Available
Mcneal Broderick $48,000 --
Mcneal Broderick $48,000 --
Hud $42,500 --
Hud $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vivekanandan Premanand $86,250
Previous Owner Wo Sfr Llc $78,000
Previous Owner Reasons Daniel B $48,000
Previous Owner Pegasus Real Estate Services Llc $55,000
Previous Owner Mcneal Broderick $48,466
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $50,000 0.0% $53 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $50,000 +63.9% $53 / Sq Ft
02/21/2018 02/21/18 Sold $30,501 +17.3% $305 / Sq Ft View Prior Sale
01/11/2018 01/11/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $26,000 -- $260 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $529 $25,675 $2,875 $22,800
2024 $529 $15,600 $2,250 $13,350
2023 $950 $15,600 $2,250 $13,350
2022 $813 $13,350 $2,250 $11,100
2021 $461 $13,350 $2,250 $11,100
2020 $772 $10,650 $2,250 $8,400
2019 $340 $10,650 $2,250 $8,400
2018 $340 $10,650 $2,250 $8,400
2017 $348 $10,650 $2,250 $8,400
2016 $464 $10,625 $0 $0
2014 $464 $10,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Dean Harris

    Buyer's Agent in 2021

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    110 in this area

    1,389 Total Sales

    Dean Harris
    Section Image
  • Rita Driver

    Seller's Agent in 2018

    Rita Driver

    All Stars Realty

    (901) 674-7653

    1 in this area

    34 Total Sales

    Rita Driver
    Section Image

  • P

    Buyer's Agent in 2018

    Pat Burleson

    RiverTown Realty

    (901) 568-9034

    2 Total Sales

    Pat Burleson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091743

Memphis Area Association of REALTORS®

APN: 09-0021-0-0054

Tennessee Shelby County Memphis 38128 Raleigh

3612 Ridgemont Rd, Memphis, TN

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