This property is leased at $995 per month ($11,940 annually) through 06/08/2027, with a cash-on-cash return of 6.19% and a monthly cash flow of $168.92. "All investment figures are estimates and verified independently by buyer." Well-maintained 3BR/1BA investment property offering a strong combination of durability, functionality, and long-term rental appeal. Features include hard-surface flooring throughout, a bright living area, an updated kitchen with shaker cabinetry, central heat and air, and a covered carport. Situated on a large level lot with a spacious fenced backyard, providing added tenant appeal and usability. The home's clean condition and practical layout help minimize future maintenance while supporting consistent demand in an established Memphis neighborhood. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Sold for $83,500
Zestimate®
$83,500
3969 Ridgedale St, Memphis, TN 38127
3beds
980sqft
Single Family Residence
Built in 1959
0.35 Acres Lot
$83,500 Zestimate®
$85/sqft
$997 Estimated rent
Home value
$83,500
$79,000 - $88,000
$997/mo
Zestimate® history
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List your homeWhat's special
Large fenced backyardHard-surface flooring throughoutCovered carportCentral heat and air
Zillow last checked:
Listing updated:
Listed by:
James C Wachob,
Foundation Property Management
Bought with:
Tara A Woodley
Zach Taylor Real Estate
Source: MAAR,MLS#: 10201521
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Living room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Has fireplace: No
Interior area
- Total interior livable area: 980 sqft
Property
Parking
- Total spaces: 2
- Parking features: Other (See REMARKS)
- Covered spaces: 2
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 0.35 Acres
- Dimensions: 81 x 209
- Features: Level
Details
- Parcel number: 071046 00014
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1959
Community & neighborhood
Location
- Region: Memphis
- Subdivision: St Elmo Third Addition
Other
Other facts
- Price range: $83.5K - $83.5K
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $83,500-1.8%$85/sqft |
Source:  MAAR #10201521 Report a problem | ||
| 5/1/2026 | Pending sale | $84,999$87/sqft |
Source: MAAR #10201521 Report a problem | ||
| 4/23/2026 | Price change | $84,999-5.5%$87/sqft |
Source: MAAR #10201521 Report a problem | ||
| 3/20/2026 | Price change | $89,900-5.4%$92/sqft |
Source: MAAR #10201521 Report a problem | ||
| 10/3/2025 | Price change | $95,000-4%$97/sqft |
Source: MAAR #10201521 Report a problem | ||
| 9/11/2025 | Price change | $99,000-5.7%$101/sqft |
Source: MAAR #10201521 Report a problem | ||
| 8/18/2025 | Listed for sale | $105,000$107/sqft |
Source: MAAR #10201521 Report a problem | ||
| 8/8/2025 | Pending sale | $105,000$107/sqft |
Source: MAAR #10201521 Report a problem | ||
| 7/18/2025 | Listed for sale | $105,000+105.9%$107/sqft |
Source: MAAR #10201521 Report a problem | ||
| 6/5/2025 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Listed for rent | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/25/2025 | Listed for rent | $995+4.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/18/2023 | Listed for rent | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/10/2023 | Listed for rent | $950+1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2023 | Sold | $51,000-15%$52/sqft |
Source: MAAR #10151669 Report a problem | ||
| 9/1/2023 | Contingent | $60,000$61/sqft |
Source: MAAR #10151669 Report a problem | ||
| 8/23/2023 | Price change | $60,000-7.7%$61/sqft |
Source: MAAR #10151669 Report a problem | ||
| 8/13/2023 | Listed for sale | $65,000-7%$66/sqft |
Source: MAAR #10151669 Report a problem | ||
| 7/26/2023 | Contingent | $69,900$71/sqft |
Source: MAAR #10151669 Report a problem | ||
| 7/13/2023 | Price change | $69,900-6.8%$71/sqft |
Source: MAAR #10151669 Report a problem | ||
| 7/6/2023 | Listed for sale | $75,000-16.7%$77/sqft |
Source: MAAR #10151669 Report a problem | ||
| 10/17/2019 | Listing removed | $935$1/sqft |
Source: FirstKey Homes Corporate Report a problem | ||
| 10/1/2019 | Price change | $935+1.1%$1/sqft |
Source: FirstKey Homes Corporate Report a problem | ||
| 9/25/2019 | Listed for rent | $925$1/sqft |
Source: FirstKey Homes Corporate Report a problem | ||
| 12/12/2012 | Sold | $90,000+84.8%$92/sqft |
Source: Public Record Report a problem | ||
| 2/20/2012 | Sold | $48,700+43.2%$50/sqft |
Source: Public Record Report a problem | ||
| 1/17/2012 | Sold | $34,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,211 +12.3% | $22,975 +40.3% |
| 2024 | $1,078 +8.1% | $16,375 |
| 2023 | $998 | $16,375 |
| 2022 | -- | $16,375 |
| 2021 | -- | $16,375 +35.3% |
| 2020 | $387 | $12,100 |
| 2019 | $387 -21.1% | $12,100 |
| 2018 | $490 -45.1% | $12,100 |
| 2017 | $893 +250.2% | $12,100 +61.3% |
| 2016 | $255 -33.9% | $7,500 -35.6% |
| 2014 | $386 | $11,650 |
| 2013 | -- | $11,650 -3.7% |
| 2012 | -- | $12,100 |
| 2011 | -- | $12,100 |
| 2010 | -- | $12,100 |
| 2009 | -- | $12,100 -14% |
| 2008 | -- | $14,075 |
| 2007 | -- | $14,075 |
| 2006 | -- | $14,075 |
| 2005 | -- | $14,075 +11.7% |
| 2004 | -- | $12,600 |
| 2003 | -- | $12,600 |
| 2002 | -- | $12,600 |
| 2001 | -- | $12,600 +11.3% |
| 2000 | -- | $11,325 |
Find assessor info on the county website
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 5/10Hawkins Mill Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Georgian Hills Junior High SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 1.3 mi
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- Tennessee
- Shelby County
- Memphis
- 38127
- Shelby Forest-Frayser
- 3969 Ridgedale St
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- Downtown Real estate
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- Shelby Forest-Frayser Real estate
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