3387 Ridgemont Rd, Memphis, TN, 38128

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3387 Ridgemont Rd, Memphis$119,900

Buyer Closing Credits

$1,424^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1970

HeatingCentral

CoolingCentral Air

BasementYes

MLS #10186259

Lot Size0.21 Acres

StatusSale Pending
(Pending)

About 3387 Ridgemont Rd

Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1970
• Stories: 1

Listing Office:

• Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

• Basement: Yes
• Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Wrought Iron Security Drs

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.21 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: From James Rd go north on New Allen Rd, turn left on Ridgemont Rd, house is on the left

Price Information

Listing Price Info

Price Summary:

• List Price: $119,900

Tax Information:

• Annual Amount: $1,321
• Tax Year: 2021

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Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

3387 Ridgemont Rd vs Memphis

21 DAYS ON ROCKET

$119,900

-$63.1K Less

KEY TAKEAWAY

This property is $63.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #10186259

Listing Office:

• Office Name: Reedy & Company, REALTORS

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: 12/26/2024, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
May 24, 2012	May 24, 2012Home Sold	$49,900
Jun 30, 2011	Jun 30, 2011Home Sold	$25,000
Feb 04, 2009	Feb 04, 2009Home Sold	$17,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,321	$18,250
2020	$938	$12,950
2019	$938	$12,950
2018	$532	$12,950
2017	$545	$12,950

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38128›3387 Ridgemont Rd

This home is located at 3387 Ridgemont Rd in Memphis, TN and zip code 38128 in the Raleigh neighborhood. This home, which was built in 1970, sits on a 0.21 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $119,900.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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