OFF MARKET
Off market jan 2025 for $140K
$117,271
Est. refi paymentEst. refi $916/mo
2
bd
•
2 ba
•
938
sq ft

1724 Ridge Oak Pl #4, Memphis, TN 38120

map-entry

About this home

CondoProperty Type
1978Year Built
$125Est. Price/Sq.Ft.
Listed by • Crye-Leike, Inc., REALTORS
Bought with Petra Walker Jones
Source:Memphis Area Association of Realtors(R) MLS #2602774

Redfin Estimate

$117,271
$23K since sold in January 2025$0 since October

This home's estimate is 0.1% higher than the average sale price ($117K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Rent
$1,370/mo
Redfin rental estimate

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Market trends in 38120, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price
95.8%

0.8% MoM

Median sale price
$416K

$24K MoM

Avg. days on market
37d

6 days MoM

Recently sold homes
65

5 MoM

New listings for sale

Provided by Redfin

Sale history for 1724 Ridge Oak Pl #4

Tax history for 1724 Ridge Oak Pl #4

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RU-3

Residential Urban-3 District

Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.
Permitted uses

Include but are not limited to:

  • Religious facility
  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Senior
  • Infrastructure
  • Educational/school
  • Fire house
  • Police station
  • Recreation
  • Park & open space

Property details

Around this home

Schools

Ridgeway/Balmoral Elementary School

Public K-5 • Assigned • 2.2mi

6/10
Ridgeway Middle School

Public 6-8 • Assigned • 1.8mi

3/10
White Station High School

Public 9-12 • Assigned • 4.0mi

8/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 110° expected this year, 22 days in 30 years

4/10 Wind Factor

18% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38120
Average low and high temperatures (°F)
47
30
58
38
72
50
78
58
79
63
89
72
93
77
90
71
88
67
76
57
66
49
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$112,000 – $135,000

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Home values near 1724 Ridge Oak Pl #4

Data from public records.

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