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2465 Ridgeway Road

2465 Ridgeway Road, Memphis, TN 38119
House in Balmoral
Sold Nov 30, 2018
$152,000
Sold Mar 01, 2017
$126,300
$124,011 by Iberiabank
Mortgage Due Mar 01, 2032
Local assessors in Memphis, TN have categorized 2465 Ridgeway Road as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 11,696 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 860 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2465 Ridgeway Road has a total of 1,920 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2465 Ridgeway Road sold most recently in Nov 29, 2018 for a total of $152,000. If you work out the math, that's approximately a cost of $79.17 per sqft. Before that, the property was also sold for $126,300 in Feb 24, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,816 in taxes each year. 2465 Ridgeway Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $46,225. If we break it down further, the land itself was valued at $7,800. Improvements to the property, however, were assessed at a total of $38,425. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,696
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,920
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARLBORO ESTATES
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS RIDGEWAY RD 128.56 FT N OF MACINNESS AVE

Ownership

  • Current Owner : NOBLES HAROLD H
  • Current Owner 2: MARTIN DANIEL L
  • Previous Owner : GRIGG ALMOND JASON
  • Previous Owner 2: GRIGG ALMOND ELLEN
  • Owner Before Previous Owner: SCOTT ZACHARY B
  • Owner Before Previous Owner 2: SCOTT JEFFERY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021331

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 37-31
  • District: O
  • Parcel: 08-1036-0-0012
  • Block: E
  • Lot: 280
  • Municipality: MEMPHIS
  • Latitude: 35.0816
  • Longitude: -89.8594

    Address

  • Full Address: 2465 Ridgeway Rd
  • Address - House Number: 2465
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C067
  • 4-Digit Zip Code: 7413
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,816

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 261,362
  • High Value: 327,491
  • Low Value: 195,234

    Market Valuation

  • Market Total Value: $184,900
  • Market Land Value: $31,200
  • Market Improvement Value: $153,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,225
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $38,425

    Sales

  • Current Sale Contract Date: Nov 29, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Transaction ID: 11535345787
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18122454
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Contract Date: Feb 24, 2017
  • Previous Sale Amount: $126,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Nov 30, 2018
  • First Mortgage Loan Amount: $149,246
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Mar 01, 2017
  • Previous Mortgage Loan Amount: $124,011
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2032

About Balmoral



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Frequently Asked Questions

What neighborhood is 2465 Ridgeway Road located in?
The 2465 Ridgeway Road is a house located in the neighborhood of Balmoral in Balmoral, Memphis.
What is the average sales price for listings in 2465 Ridgeway Road?
The average sales price for units in 2465 Ridgeway Road is $0 currently.

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