1002 Creston Ave Memphis, TN 38127
Frayser NeighborhoodEstimated payment $246/month
Highlights
- Wood Flooring
- Eat-In Kitchen
- 1-Story Property
- Some Wood Windows
- Outdoor Storage
About This Home
3 bed, 1 bath home situated on a large lot in the growing Frayser area—perfect for investors looking to add value. This property offers strong upside potential with the right renovation and vision. While the home requires a full rehab, its layout and lot size provide an excellent foundation for a long-term rental or resale project. Conveniently located near major employers, shopping, and everyday amenities, making it an attractive option for future tenants. Once stabilized, this property has the potential to generate solid cash flow and become a reliable addition to any investment portfolio. Don’t miss this opportunity to capitalize on a value-add deal in an area with continued demand.
Home Details
Home Type
- Single Family
Year Built
- Built in 1953
Interior Spaces
- 1,287 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Aluminum Window Frames
- Eat-In Kitchen
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- Workshop in Garage
- Driveway
Additional Features
- Outdoor Storage
- Few Trees
- Heating System Uses Gas
Community Details
- Patricia Heights Sec A Blk 18 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $393 | $16,825 | $1,625 | $15,200 |
| 2024 | $393 | $11,600 | $1,275 | $10,325 |
| 2023 | $707 | $11,600 | $1,275 | $10,325 |
| 2022 | $707 | $11,600 | $1,275 | $10,325 |
| 2021 | $715 | $11,600 | $1,275 | $10,325 |
| 2020 | $556 | $7,675 | $1,275 | $6,400 |
| 2019 | $556 | $7,675 | $1,275 | $6,400 |
| 2018 | $556 | $7,675 | $1,275 | $6,400 |
| 2017 | $315 | $7,675 | $1,275 | $6,400 |
| 2016 | $402 | $9,200 | $0 | $0 |
| 2014 | $402 | $9,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | Price Changed | $39,990 | 0.0% | $31 / Sq Ft |
| 04/08/2026 04/08/26 | For Sale | $40,000 | -- | $31 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $10,800 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | $10,000 | None Available | |
| Special Warranty Deed | $18,000 | None Available | |
| Trustee Deed | $61,856 | None Available | |
| Warranty Deed | $60,600 | -- | |
| Trustee Deed | $45,303 | -- | |
| Trustee Deed | $45,303 | -- | |
| Deed | $39,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,600 | Purchase Money Mortgage |
Source: Memphis Area Association of REALTORS®
MLS Number: 10218771
APN: 06-9001-0-0044
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