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3437 Ridgemont Road

3437 Ridgemont Road, Memphis, TN 38128
Sold Sep 24, 2020
$79,900
$79,900 by Mortgage Research Center Llc
Mortgage Due Oct 01, 2050
3437 Ridgemont Road in Memphis, TN was first built in 1970 and is 54 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 ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3437 Ridgemont Road has 1,372 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 1,100 ft and the linear feet between the front and back of the lot is 810. In total, the area measurement of the land is 8,910 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 240 sqft. There is one available parking space. 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 average. 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 Sep 15, 2020 for $79,900. That's $58.24 per sqft. 3437 Ridgemont Road was last assessed in 2022. The total value of the property was assessed at $18,425. Specifically, the land the property is located on was valued at $2,400. While improvements on the property were assessed at a total of $16,025. 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 $1,122. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,910
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,372
  • Gross Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,372
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFIELD ESTATES REV
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MERLCREST CV COR RIDGEMONT RD SE

Ownership

  • Current Owner : ALLEN ROY
  • Previous Owner : SHAVERS KATHERINE
  • Previous Owner 2: PARROTT FRED T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020521

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 36-14
  • District: O
  • Parcel: 09-0017-0-0023
  • Block: A
  • Lot: 11
  • Municipality: MEMPHIS
  • Latitude: 35.2441
  • Longitude: -89.9492

    Address

  • Full Address: 3437 Ridgemont Rd
  • Address - House Number: 3437
  • Address - Street Name: Ridgemont
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1817
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,122

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 110,490
  • High Value: 137,972
  • Low Value: 83,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,900
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Loan Amount: $79,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $73,700
  • Market Land Value: $9,600
  • Market Improvement Value: $64,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,425
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $16,025

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11788210954
  • Current Sale Price: $79,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20103364

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $79,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Oct 01, 2050

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3437 Ridgemont Road located in?
The 3437 Ridgemont Road is a house located in the neighborhood of Frayser - Raleigh PD in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3437 Ridgemont Road?
The average sales price for units in 3437 Ridgemont Road is $79,900 currently.

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