🚨smashes 1% rule🚨

Shelby County, Memphis, TN, 38128
Sold
Listed at: April 27th, 2023
Price
$180,000
ARV
$265,000
Gross Margin
$85,000
Sq. Footage
2571
Type
Single-Family
Parking
Attached Garage
Year build
1976
Lot size
10454.00 sqft
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

3109 Raleigh Ridge Cove, Memphis, TN 38128


Property Details: 

  • 4 Bed, 3 Bath | 2,571 sqft | Lot: 10,454 sqft | Built: 1976
  • Two Story - Brick & Vinyl 
  • Two Car Garage - Attached 
  • Large Lot w/ Privacy Fence 
  • Located in back of a Cul-de-sac 
  • Clean Neighborhood 
  • Several Cosmetic Updates Completed 
  • Granite Countertops 
  • Stainless Steel Appliances 
  • Walk-In Attic Space


Market rent: $2300


Transaction Details: 


  • ARV: $265k 
  • Access: Schedule 
  • Closing Date: 5/18/2023
  • Title Company: Key Title & Escrow 
  • Seller is provided until 6/2/2023 to continue vacating


Photos: 

https://drive.google.com/drive/folders/137l4vOQYIA4rbBod0WR5jj3hxLg_TJST?usp=share_link


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Comps: 

3154 Raleigh Ridge Dr (same house)

  • sold on 11/30/22 @ $230k @ $89/sqft
  • DOM: 40
  • 4/3 | 2571 sqft | lot: 0.31 ac | 1977
  • Not updated

PENDING COMP: 3183 Ridge Meadow Cv

  • pending @ $260k @ $104/sqft
  • DOM: 9
  • 4/3 | 2508 sqft | lot: 9147 | 1977
  • Updated
  • Investor bought @ $172k on 10/4/22

3198 Raleigh Ridge Dr

  • sold on 2/3/23 @ $232k @ $105/sqft
  • DOM: 65
  • 2 drops from $249k
  • 4/3 | 2199 sqft | lot: 10,454 | 1976
  • Updated

3051 Overbrook Rd

  • sold on 4/5/23 @ $235k @ $113/sqft
  • DOM: 60
  • 3/2 | 2199 sqft | lot: 0.34 ac | 1960
  • Updated/clean

4953 Craigmont Dr

  • sold on 4/6/23 @ $249k @ $105/sqft
  • DOM: 57
  • 4/3 | 2374 sqft | lot: 10,830 | 1975
  • Updated
Please do your own due diligence. Property is being sold as-is and the buyer is to pay ALL closing costs. Price based on a cash or hard money offer. All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents, please add your commission to the sales price paid for by the buyer. NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT. Any property information received by you is proprietary information belonging to any of our company LLCs and its affiliates. Any transaction consummated by you will be pursuant to an assignment of one of our acquisitions LLC's Contract. Any unauthorized contact will be considered INTENTIONAL INTERFERENCE with a contract and may result in legal action being taken against you. Buyers are asked to perform their due diligence.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Elizabeth Giguere

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