See Home Value
$99,597*
House - Off Market

3454 RIDGEMONT AVE

Memphis, TN 38128
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$60,000 - $70,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Dec 15, 2020
$73,000
$58,400 by Northpointe Bank
Mortgage Due Dec 01, 2050
Sold Feb 10, 2020
$46,500
$54,500 by Avalon Capital Llc
Mortgage

About This Property

For more information, contact Tyler Tapley at . Visit http://www.crye-leike.com/memphis/10043690 to view more pictures of this property. Tenant occupied 3 bedroom 1 & a half bathroom home in Raleigh area.  Owner just made massive repairs to the home & wants to sell this as an investment property. Please do not disturb or approach the tenant. Owner has recently replaced furnace, water heater, re-painted the property, & re-carpeted this property. Financed offers welcome! Home is in great shape and tenant just moved in to property in 2019.  Professionally managed, maintenance history can be provided. Great opportunity.
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971

Price History

Date / Event Date Event Price
Dec 15, 2020 Sold to Lindsey Bodner $73,000
Sold to Lindsey Bodner
Oct 27, 2019 No longer available -
No longer available
Jan 10, 2019 Listed $68,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • 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: 242
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,450
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,249
  • Gross Building Area: 1,249
  • Building Area: 1,249
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,249
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFIELD ESTATES REV
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS RIDGEMONT RD 76.49 FT W OF SHADCREST DR

Ownership

  • Current Owner : BODNER LINDSEY
  • Previous Owner : HOMEWOOD REALTY GROUP LLC
  • Owner Before Previous Owner: LANCASTLE PROPERTY LLC

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 40-51
  • District: O
  • Parcel: 09-0018-0-0020
  • Block: C
  • Lot: 84
  • Municipality: MEMPHIS
  • Latitude: 35.2446
  • Longitude: -89.9485

    Address

  • Full Address: 3454 Ridgemont Rd
  • Address - House Number: 3454
  • Address - Street Name: Ridgemont
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1809
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,231

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 70,861
  • High Value: 103,089
  • Low Value: 38,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $58,400
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Loan Amount: $58,400
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $80,800
  • Market Land Value: $9,600
  • Market Improvement Value: $71,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,200
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $17,800

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11806708175
  • Current Sale Price: $73,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20139641
  • Previous Sale Recording Date: Feb 10, 2020
  • Previous Sale Contract Date: Feb 06, 2020
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $58,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AVALON CAPITAL LLC
  • Previous Mortgage Transaction Date: Feb 10, 2020
  • Previous Mortgage Loan Amount: $54,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Frayser - Raleigh PD


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$1,355 /mo

  • 3 Beds
  • 2 Baths
  • 1,310 ft²
Listing by Manager


Frequently Asked Questions

When was property at 3454 Ridgemont Avenue built and last sold?
The property at 3454 Ridgemont Avenue was built in 1971 and last sold on Oct 30, 2020 for $73,000.
How much is this home worth?
The estimated value of the home located at 3454 Ridgemont Avenue is $68,680.
What are some comparable homes to 3454 Ridgemont Avenue?
There are currently no comparable homes to 3454 Ridgemont Avenue.

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