29 days on rocket

4988 Ridge Tree Dr, Memphis, TN, 38128

$260,000

Home List Price

$3,088*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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4988 Ridge Tree Dr, Memphis$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingFront-Load Garage, Garage
Year Built1977
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #10182426
Lot Size0.23 Acres
StatusActive

About 4988 Ridge Tree Dr

Welcome to 4988 Ridge Tree, a beautifully maintained home located in the heart of Memphis, TN. This lovely property offers 4 bedrooms and 2 bathrooms, with spacious living areas perfect for families of all sizes. The open floor plan features a bright and airy living room, a modern kitchen with plenty of storage and updated appliances, and a dining area ideal for hosting gatherings. The large backyard is perfect for outdoor activities or simply relaxing in your private oasis. Conveniently located

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1977
  • Stories: 1

Listing Office:

  • Office Name: Premier Realty Group, LLC

Interior Features

Interior Information:

  • Flooring Type: Vinyl/Luxury Vinyl Floor, Textured Ceiling

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Front-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: 240 TO COVINGTON PIKE N. GO 3 MILES,LEFT ON GOLIGTHLY,RIGHT ON RALEIGH RIDGE DRIVE,LEFT ON RIDGE TREE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000

Tax Information:

  • Annual Amount: $2,856
  • Tax Year: 2021
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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. List Price

$210.3K

Med. Price/SqFt

$117

Avg. Days On Market

250

# of Sold Homes

188

4988 Ridge Tree Dr vs Memphis

29 DAYS ON ROCKET

-221 Days

$260,000

+$49.6K More

KEY TAKEAWAY

This property is $49.6K more than the Median List Price in Memphis, TN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10182426

Listing Office:

  • Office Name: Premier Realty Group, LLC

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: 10/31/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 14, 2021Home Sold
$230,000
Jul 14, 2021Home Sold
$140,000
Oct 21, 2011Home Sold
$74,900
Jun 09, 2011Home Sold
$57,225
Jun 28, 2004Home Sold
$131,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,856$39,450
2020$1,931$26,650
2019$1,931$26,650
2018$1,095$26,650
2017$1,125$26,650

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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.

High School

school-card-donut-867481
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 3.19 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,750. The most common annual income of people living in Memphis, TN is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4988 Ridge Tree Dr

What is the listing price of this property?

The listing price of 4988 Ridge Tree Dr property is $260,000.

What type of property is this?

The property 4988 Ridge Tree Dr is a house located in Memphis, Tennessee, 38128.

Is this property for sale now?

Active Listing: 4988 Ridge Tree Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4988 Ridge Tree Dr are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,856 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 14, 2021 for $230,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4988 Ridge Tree Dr has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 4988 Ridge Tree Dr is 1977.

Rocket Homes›Tennessee›Shelby County›Memphis›38128›4988 Ridge Tree Dr

This home is located at 4988 Ridge Tree Dr in Memphis, TN and zip code 38128 in the Raleigh neighborhood. This home, which was built in 1977, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $260,000.

In September 2024 in Memphis, TN there were 54.3% more homes for sale than in August 2024. While the average time on the market in September 2024 was 250 days, the median list price was $210,336.

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

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