NOT LISTED FOR SALE

7055 The Ridge Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $232,000 - $275,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $149,900 $75 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,483/month

57 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Sun or Florida Room
  • Deck
  • Attic
  • Great Room

About This Home

As of April 2018

Wonderful open floor plan, totally remodeled home, new roof, beautiful fenced backyard with sunroom and deck. This home is ready for your family's memories, beautiful wood burning fireplace, new flooring throughout, freshly painted inside and out, must see to appreciate this amazing home.

Last Agent to Sell the Property

Thomas Byrd

Byrd Realty Services, LLC License #268775 Listed on: 01/12/2018

Last Buyer's Agent

Joy Crenshaw

REMAX Experts License #343907

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,844 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • The Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093523 L00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Timber Rise
  • MLS Map #: 787A
  • MAAR Subdivision Name: RIDGE (THE)
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Price Per Sq Ft: 81.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1844
  • Year Built: 1980
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Island In Kitchen
  • Misc Interior: Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Attic
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Deck, Wood Fence
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Wood/Shake

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Cove, Wood Fenced
  • Lot Number: 9
  • Acreage: 0.23
  • Lot Size: 0.23AC 80 X 124.71
  • Price Per Acre: 651739

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093523 L00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Apr 16, 2018
Sold by
Federal National Mortgage Association
Bought by
Rodgers Lacee
Seller's Agent
Thomas Byrd
Byrd Realty Services, LLC
Buyer's Agent
Joy Crenshaw
REMAX Experts
List Price
$159,900
Sold Price
$149,900
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$248,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,455
Avg. Annual Appreciation
6.87%
Original Mortgage
$147,184
Outstanding Balance
$128,516
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$115,341

Purchase Details

Closed on
Jul 24, 2017
Sold by
Wineburg Paulette S and Wineburg Clarence P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 14, 2006
Sold by
Horton Roland
Bought by
Wineburg Clarence and Wineburg Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 1996
Sold by
Heberling Ronald L and Heberling Teresa C
Bought by
Horton Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
8%
Mortgage Type
VA
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
Rodgers Lacee $149,900 Saddle Creek Title Llc
Federal National Mortgage Association $3,975 None Available
Wineburg Clarence $127,500 Equity Title & Escrow
Horton Roland $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodgers Lacee $147,184
Previous Owner Wineburg Clarence $102,000
Previous Owner Wineburg Paulette S $25,500
Previous Owner Horton Roland $82,975
Previous Owner Horton Roland $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $149,900 -6.3% $83 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $159,900 -- $89 / 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 $1,329 $60,375 $12,150 $48,225
2024 $1,329 $39,200 $6,275 $32,925
2023 $2,388 $39,200 $6,275 $32,925
2022 $2,388 $39,200 $6,275 $32,925
2021 $2,416 $39,200 $6,275 $32,925
2020 $1,947 $26,875 $6,275 $20,600
2019 $1,947 $26,875 $6,275 $20,600
2018 $1,947 $26,875 $6,275 $20,600
2017 $1,105 $26,875 $6,275 $20,600
2016 $1,097 $25,100 $0 $0
2014 $1,097 $25,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Thomas Byrd

    Byrd Realty Services, LLC

    Section Image
  • Joy Crenshaw

    Buyer's Agent in 2018

    Joy Crenshaw

    RE/MAX

    (901) 825-4362

    3 in this area

    45 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018423

Memphis Area Association of REALTORS®

APN: 09-3523-L0-0009

Tennessee Shelby County Memphis 38125 Southern Shelby County

7055 The Ridge Cove, Memphis, TN

This home is located at 7055 The Ridge Cove, Memphis, TN 38125 since 12 January 2018 and is currently estimated at $248,355, approximately $124 per square foot. This property was built in 1980. 7055 The Ridge Cove is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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