9 months on rocket

1725 Ridge Oak Pl Unit 1725, Memphis, TN, 38120

$122,000

Home List Price

$1,449*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Townhouse

Location

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1725 Ridge Oak Pl Unit 1725, Memphis$122,000

Buyer Closing Credits

$1,449*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingParking Lot
Year Built1978
HeatingCentral
CoolingCentral Air
FireplaceMasonry
ViewOther
MLS #10164549
Lot Size0.02 Acres
StatusActive

About 1725 Ridge Oak Pl Unit 1725

REDUCED!! Property is tenant occupied, please do not disturb tenant. Please contact the listing agent for any questions or to schedule a viewing. Great investment opportunity. Current tenants rent is $975 per month

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1978
  • Stories: 2

Listing Office:

  • Office Name: Reliable Realty & Property Mgt

Interior Features

Interior Information:

  • Appliances: Range, Oven, Dishwasher
  • Flooring Type: Wall to Wall Carpet, Tile, Vinyl/Luxury Vinyl Floor
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Well Landscaped Grounds, Other (See REMARKS)

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Landscaped
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Kirby Pkwy, turn right onto Kirby Pkwy, turn left onto Great Oaks Rd, Turn left onto Ridge Oak Pl, the home will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $122,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

1725 Ridge Oak Pl Unit 1725 vs Memphis

294 DAYS ON ROCKET

$122,000

-$68.4K Less

KEY TAKEAWAY

This property is $68.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10164549

Listing Office:

  • Office Name: Reliable Realty & Property Mgt

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$676

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$432

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-419875
5
/10

  • Balmoral-Ridgeway Elementary School

  • 5905 Grosvenor Ave

  • 2.17 miles

  • Public Magnet Grades KG-5

school-card-donut-419876
7
/10

  • Sea Isle Elementary School

  • 5250 Sea Isle Rd

  • 2.83 miles

  • Public District Grades PK-5

school-card-donut-419877
5
/10

  • Germantown Elementary School

  • 2730 Cross Country Dr

  • 2.86 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,601. Typical income of Memphis, TN residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 1725 Ridge Oak Pl Unit 1725

What is the listing price of this property?

The listing price of 1725 Ridge Oak Pl Unit 1725 property is $122,000.

What type of property is this?

The property 1725 Ridge Oak Pl Unit 1725 is a townhouse located in Memphis, Tennessee, 38120.

Is this property for sale now?

Active Listing: 1725 Ridge Oak Pl Unit 1725 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1725 Ridge Oak Pl Unit 1725 has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1725 Ridge Oak Pl Unit 1725 is 1978.

Rocket Homes›Tennessee›Shelby County›Memphis›38120›1725 Ridge Oak Pl Unit 1725

This home is located at 1725 Ridge Oak Pl Unit 1725 in Memphis, TN and zip code 38120. This home, which was built in 1978, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $122,000.

In October 2024, from all listings sold in Memphis, TN there were more than 53 sold above asking price, over 252 sold below and more than 103 were sold right at the asked price. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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