NOT LISTED FOR SALE

4499 Cedar Ridge Ln Memphis, TN 38128

Estimated Value: $193,000 - $215,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $149,900 $83 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,187/month

Highlights

  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Den
  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of March 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1050 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 02/11/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,786 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Community Details

  • Cedar Ridge Plantation Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0147O L00065

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,252

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732B
  • MAAR Subdivision Name: CEDAR RIDGE PLANTATION SEC E
  • List Price Per Sq Ft: 84
  • Number Of Stories: 2
  • Price Per Sq Ft: 83.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1786
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: Master Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Wood/Shake

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 177
  • Acreage: 0.15
  • Lot Size: .15
  • Price Per Acre: 999333

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0147O L00065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Arehart Doty Revocable Living Trust
Bought by
Crl Beige Revocable Family Trust
Current Estimated Value
$203,342

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 31, 2021
Sold by
Memphis Investments Properties Ii Llc
Bought by
Arehart Timothy E and Doty Barbara J
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Dec 16, 2019
Sold by
Drain James N and Drain Donna G
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 2010
Sold by
Memphis Invest Gp
Bought by
Drain James N and Drain Donna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,400
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Sweeney Kerry
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,400
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Reed Michael R and Reed Victoria H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 2002
Sold by
Southland Development Partners Memphis
Bought by
Reed Michael R and Reed Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6.31%
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
Crl Beige Revocable Family Trust -- None Listed On Document
Arehart Timothy E $149,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $69,900 Delta Title Services Llc
Drain James N $69,900 None Available
Memphis Invest Gp $38,000 None Available
Sweeney Kerry $35,000 None Available
Federal National Mortgage Association $113,784 None Available
Reed Michael R $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Ii Llc $92,000
Previous Owner Drain James N $52,400
Previous Owner Memphis Invest Gp $51,720
Previous Owner Reed Michael R $116,000
Previous Owner Reed Michael R $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $149,900 0.0% $94 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $149,900 -- $94 / 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 $1,252 $50,625 $3,250 $47,375
2024 $1,252 $36,925 $2,900 $34,025
2023 $1,252 $36,925 $2,900 $34,025
2022 $1,252 $36,925 $2,900 $34,025
2021 $1,153 $33,425 $2,900 $30,525
2020 $754 $18,625 $2,900 $15,725
2019 $754 $18,625 $2,900 $15,725
2018 $754 $18,625 $2,900 $15,725
2017 $765 $18,625 $2,900 $15,725
2016 $764 $17,475 $0 $0
2014 $764 $17,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    421 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    438 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093566

Memphis Area Association of REALTORS®

APN: D0-147O-L0-0065

Tennessee Shelby County Memphis 38128

4499 Cedar Ridge Ln, Memphis, TN

This home is located at 4499 Cedar Ridge Ln, Memphis, TN 38128 since 11 February 2021 and is currently estimated at $203,342, approximately $113 per square foot. This property was built in 2003. 4499 Cedar Ridge Ln is a home located in Shelby County with nearby schools including Lucy Elementary School, Woodstock Middle School, and Bolton High School.

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