This is a 3 bedroom, 1 and a half bathroom home for sale in Raleigh area. Home is vacant and previously used as a rental. Home has a nice floor plan, covered parking, & is centrally located. This would be a great primary residence or investment property. Excellent home for buyers wanting to do BRRRR Strategy. Many homes in this area are being bought, rehabbed, & sold for a lot of money. Home was last occupied December 2019. Seller looking to sell as-is, cash offers strongly preferred.
Single-familyProperty Type
1971Year Built
8,450 sq ftLot Size
$92Est. Price/Sq.Ft.
Listed by Tyler Tapley• Crye-Leike, Inc., REALTORS
Bought with Tyler Tapley• Crye-Leike, Inc., REALTORS
Source:Memphis Area Association of Realtors(R) MLS #10068326
Redfin Estimate
$114,635
$42K since sold in December 2020$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17.7% higher than the average sale price ($97K) of 6 comparable homes.
This is a 3 bedroom, 1 and a half bathroom home for sale in Raleigh area. Home is vacant and previously used as a rental. Home has a nice floor plan, covered parking, & is centrally located. This would be a great primary residence or investment property. Excellent home for buyers wanting to do BRRRR Strategy. Many homes in this area are being bought, rehabbed, & sold for a lot of money. Home was last occupied December 2019. Seller looking to sell as-is, cash offers strongly preferred.
Public Records
Dec 15, 2020
Sold
$73,000
$58/sq ft
Memphis Area Association of Realtors(R) MLS #10068326
Feb 7, 2020
Sold
$46,500
$37/sq ft
Jan 3, 2020
Listed
$58,000
$46/sq ft
Public Records
Sep 20, 2012
Sold
$56,500
$45/sq ft
Public Records
Jun 23, 1989
Sold
$42,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,552 (+16.7%)
$2,625 + $26,825
$29,450
2024
$1,330 (+8.1%)
$2,625 + $26,825
$29,450
2023
$1,231
$2,400 + $17,800
$20,200
2022
$1,231 (−1.2%)
$2,400 + $17,800
$20,200
2021
$1,245 (+19.3%)
$2,400 + $17,800
$20,200
2020
$1,043
$2,400 + $17,800
$20,200
2019
$1,043
$2,400 + $12,000
$14,400
2018
$1,043 (+76.3%)
$2,400 + $12,000
$14,400
2017
$592 (−3.8%)
$2,400 + $12,000
$14,400
2016
$615
$2,400 + $12,000
$14,400
2014
$615
$2,400 + $11,675
$14,075
Tax history for 3454 Ridgemont Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,552 (+16.7%)
$2,625 + $26,825
$29,450
2024
$1,330 (+8.1%)
$2,625 + $26,825
$29,450
2023
$1,231
$2,400 + $17,800
$20,200
2022
$1,231 (−1.2%)
$2,400 + $17,800
$20,200
2021
$1,245 (+19.3%)
$2,400 + $17,800
$20,200
2020
$1,043
$2,400 + $17,800
$20,200
2019
$1,043
$2,400 + $12,000
$14,400
2018
$1,043 (+76.3%)
$2,400 + $12,000
$14,400
2017
$592 (−3.8%)
$2,400 + $12,000
$14,400
2016
$615
$2,400 + $12,000
$14,400
2014
$615
$2,400 + $11,675
$14,075
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Ranch
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: FAIRFIELD ESTATES REV
Living Sq. Ft: 1,249
Ground Floor Sq. Ft: 1,249
Building Sq. Ft: 1,249
# of Stories: 1
Stories Type: 1
Legal Description: NS RIDGEMONT RD 76.49 FT W OF SHADCREST DR
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 242
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,450
Legal Lot Number: 84
Municipality Name: MEMPHIS
Acres: 0.194
Depth Footage: 130
Front Footage: 65
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,249
Stories: 1.0
Lot Size: 8,450 square feet
Style: Single Family Residential
Year Built: 1971
Year Renovated: —
County: Shelby County
APN: 090018 00020
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Keystone Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
Raleigh Egypt High School
Public 6-12 • Assigned • 1.0mi
4/10
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 109° expected this year, 22 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
90
71
85
66
77
55
65
48
54
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 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$109,000 – $132,000
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