NOT LISTED FOR SALE

3700 Ridgemont Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $93,000 - $106,000

3 Beds
1 Bath
1,134 Sq Ft
$90/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $51,000 $45 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $584/month

26 Days on Market

Highlights

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

About This Home

As of November 2019

Investment Home for sale. No showings. 3 brm 2 bath. Property is in rental agreement until May 2020 managed by Crest Core for $735.00 a month. Room sizes are approx.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,134 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Ridgemont Rev Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 090021 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

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

  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1134
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 37.87/126.03 X 86.3/133.38
  • Lot Size Units: Acres
  • Parcel #: 090021 00024
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 940
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 5, 2019
Sold by
Sofiak Keith
Bought by
Vb One Llc
List Price
$56,900
Sold Price
$51,000
Premium/Discount to List
-$5,900
-10.37%
Current Estimated Value
$101,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,812
Avg. Annual Appreciation
12.30%

Purchase Details

Listed on
Mar 22, 2016
Closed on
Nov 8, 2016
Sold by
First Premier Properties Llc
Bought by
Sofisk Keith
Seller's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
Buyer's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
List Price
$24,900
Sold Price
$19,900
Premium/Discount to List
-$5,000
-20.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.01%
Original Mortgage
$41,375
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 22, 2016
Closed on
Oct 20, 2016
Sold by
Tradewinds Development Llc
Bought by
First Premier Properties Llc
Seller's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
Buyer's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
List Price
$24,900
Sold Price
$19,900
Premium/Discount to List
-$5,000
-20.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,375
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Tradewinds Development Llc

Purchase Details

Closed on
May 24, 2005
Sold by
Haynes T C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 7, 2003
Sold by
Eaddy Jerry Wayne
Bought by
Hud
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
Vb One Llc $51,000 None Available
Sofisk Keith $48,000 Baymark Title And Escrow Svc
First Premier Properties Llc $19,900 Baymark Title And Escrow Ser
Tradewinds Development Llc $15,039 Premium Title Services Inc
Deutsche Bank National Trust Company $33,000 None Available
Hud $37,627 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sofisk Keith $41,375
Previous Owner First Premier Properties Llc $62,217
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2019 11/06/19 Sold $51,000 -10.4% $51 / Sq Ft View Prior Sale
10/18/2019 10/18/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $56,900 +185.9% $57 / Sq Ft
10/16/2016 10/16/16 Sold $19,900 -20.1% $20 / Sq Ft View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $24,900 -- $25 / 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 $543 $24,875 $2,875 $22,000
2024 $543 $16,025 $2,250 $13,775
2023 $976 $16,025 $2,250 $13,775
2022 $976 $16,025 $2,250 $13,775
2021 $553 $16,025 $2,250 $13,775
2020 $940 $12,975 $2,250 $10,725
2019 $415 $12,975 $2,250 $10,725
2018 $415 $12,975 $2,250 $10,725
2017 $424 $12,975 $2,250 $10,725
2016 $529 $12,100 $0 $0
2014 $529 $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Anderson

    Seller's Agent in 2019

    Mike Anderson

    Keller Williams

    (901) 570-0603

    1,204 Total Sales

    Mike Anderson
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Mary Wardlaw

    Keller Williams

    (901) 359-4020

    42 Total Sales

    Mary Wardlaw
    Section Image
  • Chris Mosby

    Buyer's Agent in 2019

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    31 in this area

    377 Total Sales

    Chris Mosby
    Section Image

  • R

    Seller's Agent in 2016

    Robert Vaughn

    The Carter Group LLC, REALTORS

    (901) 652-4634

    21 Total Sales

    Robert Vaughn
    Section Image
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Map

Source: Realtracs

MLS Number: 3018842

Realtracs

APN: 09-0021-0-0024

Tennessee Shelby County Memphis 38128 Raleigh

3700 Ridgemont Rd, Memphis, TN

This home is located at 3700 Ridgemont Rd, Memphis, TN 38128 since 11 October 2019 and is currently estimated at $101,812, approximately $89 per square foot. This property was built in 1971. 3700 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.

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