3 months on rocket

3451 Ridgeway Rd, Memphis, TN, 38115

$350,500

1.40 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #10163334
Lot Size1.40 Acres
StatusActive

About 3451 Ridgeway Rd

This CMU-1 Commercially zoned lot is 1.4 +/- Acres in a great location with nearby Apartment communities, single family homes, businesses and churches. Great Road frontage and visabillity! Seller willing to entertain Owner-Financing option

Property Details

Property Features

Listing Office:

  • Office Name: Braden, Braden & Braden LLC

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 1.40 Acres

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Winchester turn right on Ridgeway parcel is to the left From Mt. Moriah, turn right on Ridgeway, parcel is to the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,500

Tax Information:

  • Annual Amount: $1,209
  • 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. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

3451 Ridgeway Rd vs Memphis

115 DAYS ON ROCKET

$350,500

+$150.3K More

KEY TAKEAWAY

This property is $150.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10163334

Listing Office:

  • Office Name: Braden, Braden & Braden 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: 4/27/2024, 2:25:17 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

Apr 06, 2021Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,209$16,700
2020$1,210$16,700
2019$1,210$16,700
2018$686$16,700
2017$730$16,700

History based on county public records data.

Payment Calculator

$1,817

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,117

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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-1311527
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 9.81 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 $25,559. The majority of Memphis, TN residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3451 Ridgeway Rd

What is the listing price of this property?

The listing price of 3451 Ridgeway Rd property is $350,500.

What type of property is this?

The property 3451 Ridgeway Rd is land located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 3451 Ridgeway Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3451 Ridgeway Rd 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 $1,209 (source: MLS/based on county public records data).

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

The last sale was on April 6, 2021 for $95,000. (source: MLS/tax record).

How much acreage is this property?

The property 3451 Ridgeway Rd is 1.40 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38115›3451 Ridgeway Rd

This home is located at 3451 Ridgeway Rd in Memphis, TN and zip code 38115. This home sits on a 1.40 acre lot. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $350,500.

Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. Between February 2024 and March 2024, Memphis, TN real estate market has seen increase in the number of listings by 16%.

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

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