For sale

Price cut: $10K (9/2)

$369,000

2040 Ridgeway Rd, Memphis, TN 38119

4beds

2,798sqft

$2,518/mo

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Single Family Residence

Built in 1968

0.34 Acres Lot

$365,700 Zestimate^®

$132/sqft

$-- HOA

What's special

Updated doorsEnlarged islandTwo-car side-load garageFenced backyardPool improvementsIn-ground poolStainless steel appliances

FULLY RENOVATED IN BALMORAL ESTATES! This 4-bedroom, 2.5-bath home offers 2,798 square feet, an in-ground pool, and a two-car side-load garage. The main level includes separate living, dining, and den spaces plus a mudroom. The renovated kitchen features white stone countertops, an enlarged island, farmhouse sink, stainless steel appliances, pantry storage, and updated cabinet hardware. Both full baths were renovated, including an expanded primary bath with a tiled shower and glass enclosure. Other 2026 updates include new LVP flooring, fresh interior and exterior paint, new lighting and fixtures, updated doors, fencing, landscaping, and pool improvements. Major system information: roof less than 5 years old, 2023 Trane A/C condenser, 2016 Tempstar gas furnace, and 2019 Rheem gas water heater. The fenced backyard also offers covered and uncovered patios plus a workshop/storage building. Convenient East Memphis location near shopping, dining, and major roads. Book your tour today!

86 days
2,183
268

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Features: Hardwood Floor, Walk-In Closet(s)
Level: Second
Area: 252
Dimensions: 18 x 14

Bedroom 2

Features: Hardwood Floor, Shared Bath, Walk-In Closet(s)
Level: Second
Area: 144
Dimensions: 12 x 12

Bedroom 3

Features: Hardwood Floor, Shared Bath
Level: Second
Area: 144
Dimensions: 12 x 12

Bedroom 4

Features: Hardwood Floor, Shared Bath
Level: Second
Area: 144
Dimensions: 12 x 12

Primary bathroom

Features: Double Vanity, Separate His/ Her Baths, Tile Floor, Full Bath

Dining room

Features: Separate Dining Room
Area: 168
Dimensions: 14 x 12

Kitchen

Features: Eat-in Kitchen, Kitchen Island, Pantry
Area: 216
Dimensions: 12 x 18

Living room

Features: Separate Den, Separate Living Room
Area: 216
Dimensions: 18 x 12

Den

Area: 350
Dimensions: 25 x 14

Heating

Central

Cooling

220 Wiring, Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
Laundry: Laundry Room

Features

All Bedrooms Up, Double Vanity Bath, Half Bath Down, Primary Up, High Ceilings, Two Story Foyer, Walk-In Closet(s), Mud Room, 1/2 Bath, Den/Great Room, Dining Room, Kitchen, Laundry Room, Living Room, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, Primary Bedroom, Storage, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Tile, Vinyl
Windows: Aluminum Frames
Attic: Permanent Stairs,Attic Access
Number of fireplaces: 1
Fireplace features: In Den/Great Room, Masonry

Interior area

Total interior livable area: 2,798 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Other (See REMARKS), Garage Faces Side
Has garage: Yes
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Porch, Patio, Covered Patio
Exterior features: Sidewalks
Has private pool: Yes
Pool features: In Ground
Fencing: Wood

Lot

Size: 0.34 Acres
Dimensions: 103 x 150

Details

Additional structures: Storage
Parcel number: 081012 00030

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1968

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s), Wrought Iron Security Drs
Subdivision: Balmoral Estates

Location

Region: Memphis

Financial & listing details

Price per square foot: $132/sqft
Tax assessed value: $379,600
Annual tax amount: $5,002
Price range: $369K - $369K
Date on market: 6/17/2026
Cumulative days on market: 87 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$365,700

$347,000 - $384,000

$2,862/mo

Price history

Date	Event	Price
9/2/2026	Price change	$369,000-2.6%$132/sqft
Source: MAAR #10224189 Report a problem
8/16/2026	Price change	$379,000-2.6%$135/sqft
Source: MAAR #10224189 Report a problem
7/29/2026	Price change	$389,000-2.5%$139/sqft
Source: MAAR #10224189 Report a problem
7/7/2026	Price change	$399,000-3.3%$143/sqft
Source: MAAR #10224189 Report a problem
6/17/2026	Listed for sale	$412,500+101.2%$147/sqft
Source: MAAR #10224189 Report a problem
4/9/2026	Sold	$205,000-28%$73/sqft
Source: MAAR #10212348 Report a problem
3/26/2026	Pending sale	$284,900$102/sqft
Source: MAAR #10212348 Report a problem
2/6/2026	Price change	$284,900-12.3%$102/sqft
Source: MAAR #10212348 Report a problem
1/8/2026	Listed for sale	$324,900+182.5%$116/sqft
Source: MAAR #10212348 Report a problem
8/18/2009	Sold	$115,000-28.6%$41/sqft
Source: Public Record Report a problem
2/2/2005	Sold	$161,000+0.1%$58/sqft
Source: Public Record Report a problem
11/17/2004	Sold	$160,805-2.2%$57/sqft
Source: Public Record Report a problem
5/17/2002	Sold	$164,500+3.5%$59/sqft
Source: Public Record Report a problem
1/6/1998	Sold	$159,000$57/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,002 +1.1%	$94,900 +26.3%
2024	$4,949 +8.1%	$75,150
2023	$4,578	$75,150
2022	--	$75,150
2021	--	$75,150 +41.4%
2020	$1,699	$53,150
2019	$1,699 -21.1%	$53,150
2018	$2,153 -50.6%	$53,150 -10%
2017	$4,359 +198.3%	$59,050 +37.4%
2016	$1,461 +6.6%	$42,975
2014	$1,370	$42,975
2013	--	$42,975
2012	--	$42,975
2011	--	$42,975
2010	--	$42,975 -37.4%
2009	--	$68,675 +14.6%
2008	--	$59,950
2007	--	$59,950
2006	--	$59,950
2005	--	$59,950 +25.5%
2004	--	$47,750
2003	--	$47,750
2002	--	$47,750
2001	--	$47,750 +20.1%
2000	--	$39,750