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191 Ridgefield Road

191 Ridgefield Road, Memphis, TN 38111
Sold Aug 11, 2020
$489,000
$464,550 by Financial Federal Bank
Mortgage Due Aug 01, 2050
Sold Apr 05, 2016
$370,000
$351,500 by Renasant Bank
Mortgage Due Apr 01, 2046
191 Ridgefield Road in Memphis, TN was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 191 Ridgefield Road has 3,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 840 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 7,606 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Jul 31, 2020 for $489,000. That's $109.94 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2016 for $370,000. 191 Ridgefield Road was last assessed in 2022. The total value of the property was assessed at $124,725. Specifically, the land the property is located on was valued at $25,875. While improvements on the property were assessed at a total of $98,850. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,598. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,606
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 840
  • Total Building Area: 4,448
  • Gross Building Area: 4,448
  • Building Area: 3,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,396
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEFIELD PD
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEE MAP GRID 140 L WS RIDGEFIELD RD

Ownership

  • Current Owner : TAYLOR MELISSA P
  • Current Owner 2: TAYLOR ROBERT M
  • Previous Owner : GINN JESSICA E
  • Owner Before Previous Owner: WETMORE CYNTHIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 224-055
  • District: O
  • Parcel: 04-4055-0-0079
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1266
  • Longitude: -89.9425

    Address

  • Full Address: 191 Ridgefield Rd
  • Address - House Number: 191
  • Address - Street Name: Ridgefield
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C055
  • 4-Digit Zip Code: 6012
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,598

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 600,793
  • High Value: 737,862
  • Low Value: 463,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $464,550
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Loan Amount: $464,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $498,900
  • Market Land Value: $103,500
  • Market Improvement Value: $395,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,725
  • Assessed Land Value: $25,875
  • Assessed Improvements Value: $98,850

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11778601857
  • Current Sale Price: $489,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20084193
  • Previous Sale Recording Date: Apr 05, 2016
  • Previous Sale Contract Date: Mar 31, 2016
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $464,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RENASANT BANK
  • Previous Mortgage Transaction Date: Apr 05, 2016
  • Previous Mortgage Loan Amount: $351,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 191 Ridgefield Road located in?
The 191 Ridgefield Road is a located in the neighborhood of University of Memphis in Jackson - University Area, Memphis.
What is the average sales price for listings in 191 Ridgefield Road?
The average sales price for units in 191 Ridgefield Road is $0 currently.

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