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4321 Ridge Valley Trail

4321 Ridge Valley Trail, Memphis, TN 38141
House in Shelby
Sold Oct 16, 2017
$67,500
$58,974 by Evolve Bank & Trust
Mortgage Due Nov 01, 2047
Sold May 18, 2017
$26,050
4321 Ridge Valley Trail in Memphis, TN was first built in 1986 and is 38 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 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4321 Ridge Valley Trail has 1,750 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 320 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,840 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 a combination of material. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4321 Ridge Valley Trail was last sold in Oct 13, 2017 for $67,500. According to our calculations, that's $38.57 per sqft. Prior to that sales transaction, the property was sold for $26,050 in May 12, 2017. Current property owners are expected to pay $1,227 in taxes per year. The property on 4321 Ridge Valley Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,150. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $17,150. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,840
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 320
  • Total Building Area: 1,750
  • Gross Building Area: 1,750
  • Building Area: 1,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGETOP ESTATES SECTION B
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS RIDGE VALLEY TRAIL

Ownership

  • Current Owner : WATT AMBER LATRICE
  • Previous Owner : OCH HOLDINGS LLC
  • Owner Before Previous Owner: DAY AIKAU CARA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021759

Zoning

  • Zoning: RU-2

Geography

  • Assessors Map Reference: MB 101-23
  • District: O
  • Parcel: 09-3407-J0-0011
  • Lot: 22
  • Municipality: MEMPHIS
  • Latitude: 35.0306
  • Longitude: -89.8695

    Address

  • Full Address: 4321 Ridge Valley Trl
  • Address - House Number: 4321
  • Address - Street Name: Ridge Valley
  • Address - Suffix Type: Trl
  • State: TN
  • City Name: Memphis
  • Carrier Code: R030
  • 4-Digit Zip Code: 6862
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,227

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 401,909
  • High Value: 584,700
  • Low Value: 219,117

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $73,974
  • First Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 16, 2017
  • First Open Lien Mortgage Loan Amount: $58,974
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2047
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Oct 16, 2017
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $80,600
  • Market Land Value: $12,000
  • Market Improvement Value: $68,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,150
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $17,150

    Sales

  • Current Sale Contract Date: Oct 13, 2017
  • Current Sale Recording Date: Oct 16, 2017
  • Current Sale Transaction ID: 1397631758
  • Current Sale Price: $67,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17106355
  • Previous Sale Recording Date: May 18, 2017
  • Previous Sale Contract Date: May 12, 2017
  • Previous Sale Amount: $26,050
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: Oct 16, 2017
  • First Mortgage Loan Amount: $58,974
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047

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Frequently Asked Questions

What neighborhood is 4321 Ridge Valley Trail located in?
The 4321 Ridge Valley Trail is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 4321 Ridge Valley Trail?
The average sales price for units in 4321 Ridge Valley Trail is $69,900 currently.

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