NOT LISTED FOR SALE

3704 Ridgemont Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $84,000 - $88,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $40,000 $33 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $500/month

About This Home

As of June 2019

This 3beds/1bath in 38128 is currently occupied for $650 with a lease end date of 02/24/2020. Showings and inspections allowed only after offer is accepted, no exceptions. Do not disturb the tenant; buyer to verify all schools.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/26/2019

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1971

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 Parking Space

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,056 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Ridgemont Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090021 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: RIDGEMONT
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 37.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1056
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

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

Lot Info

  • Lot Number: 16
  • Acreage: 0.08
  • Lot Size: 37.87/125+12.52 X 95/133.38
  • Price Per Acre: 623750

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090021 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Royal Wood 3726 Llc
Bought by
Royal Park Split Llc
Current Estimated Value
$86,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,871
Outstanding Balance
$295,057
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$208,952

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 17, 2019
Sold by
Comer Paul
Bought by
Yasrebi Soheil and Dang Hai
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 17, 2017
Sold by
Summit Real Estate Inc Group Llc
Bought by
Comer Paul
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$41,000
Sold Price
$32,000
Premium/Discount to List
-$9,000
-21.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Equity Gateway Llc
Bought by
Equity Gateway P1 Llc

Purchase Details

Closed on
Jul 22, 2009
Sold by
New South Federal Savings Bank
Bought by
Equity Gateway Llc

Purchase Details

Closed on
Apr 14, 2008
Sold by
Brown Kenneth
Bought by
New South Federal Savings Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 3, 2007
Sold by
Ferrell Herb
Bought by
Ferrell Mary
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
Royal Park Split Llc -- None Listed On Document
Yasrebi Soheil $40,000 Closetrak Closing & Ttl Svcs
Comer Paul $32,000 None Available
Equity Gateway P1 Llc -- None Available
Equity Gateway Llc $5,660 None Available
New South Federal Savings Bank $66,600 None Available
Brown Kenneth $74,000 None Available
Ferrell Mary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Park Split Llc $298,871
Previous Owner Brown Kenneth $66,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2019 06/17/19 Sold $40,000 -19.8% $40 / Sq Ft
04/26/2019 04/26/19 For Sale $49,900 +55.9% $50 / Sq Ft
12/28/2017 12/28/17 Sold $32,000 -22.0% $32 / Sq Ft View Prior Sale
12/28/2017 12/28/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $41,000 -- $41 / 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 $540 $24,875 $2,875 $22,000
2024 $540 $15,925 $2,250 $13,675
2023 $970 $15,925 $2,250 $13,675
2022 $540 $15,925 $2,250 $13,675
2021 $981 $15,925 $2,250 $13,675
2020 $835 $11,525 $2,250 $9,275
2019 $368 $11,525 $2,250 $9,275
2018 $368 $11,525 $2,250 $9,275
2017 $377 $11,525 $2,250 $9,275
2016 $528 $12,075 $0 $0
2014 $528 $12,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2019

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    116 in this area

    1,437 Total Sales

    Dean Harris
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10051279

Memphis Area Association of REALTORS®

APN: 09-0021-0-0023

Tennessee Shelby County Memphis 38128 Raleigh

3704 Ridgemont Rd, Memphis, TN

This home is located at 3704 Ridgemont Rd, Memphis, TN 38128 since 26 April 2019 and is currently estimated at $86,105, approximately $71 per square foot. This property was built in 1971. 3704 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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