$125,000
$45K PRICE DROP

Estimated payment $703/month

Total Views 171,418
3 Beds
1 Bath
1,000-1,199 Sq Ft
$104 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Separate Formal Living Room
  • Laundry Room
  • 1 Fireplace
  • Some Wood Windows
  • Bungalow

About This Home

nvestor Alert! This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances, and a fully remodeled bathroom. Major systems have been addressed, offering peace of mind and minimal capital expenditure for years to come. Located in a rental-friendly area with strong tenant demand, this property is ideal for Section 8 or market-rate tenants. With its functional layout, durable finishes, and appealing curb appeal, it’s easy to market and even easier to manage.

Listing Agent

Caleb Hall

Keller Williams License #331554 Listed on: 04/15/2025

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,169 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Updated Kitchen
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • E O Bailey 3Rd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031028 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$442

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: E O BAILEY
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1169
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 35 & 34
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 961538
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 031028 00001

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $442 $19,550 $6,500 $13,050
2024 $442 $13,025 $1,225 $11,800
2023 $793 $13,025 $1,225 $11,800
2022 $793 $13,025 $1,225 $11,800
2021 $803 $13,025 $1,225 $11,800
2020 $752 $10,375 $1,225 $9,150
2019 $752 $10,375 $1,225 $9,150
2018 $752 $10,375 $1,225 $9,150
2017 $426 $10,375 $1,225 $9,150
2016 $428 $9,800 $0 $0
2014 $428 $9,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $125,000 -3.8% $125 / Sq Ft
06/27/2025 06/27/25 Price Changed $130,000 -13.3% $130 / Sq Ft
05/16/2025 05/16/25 Price Changed $150,000 -11.8% $150 / Sq Ft
04/15/2025 04/15/25 For Sale $170,000 +153.7% $170 / Sq Ft
02/28/2025 02/28/25 Sold $67,000 0.0% $67 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $67,000 -10.7% $67 / Sq Ft
02/03/2025 02/03/25 Price Changed $75,000 -5.1% $75 / Sq Ft
01/31/2025 01/31/25 For Sale $79,000 +1115.4% $79 / Sq Ft
08/23/2012 08/23/12 Sold $6,500 -31.6% $6 / Sq Ft
08/10/2012 08/10/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $9,500 -- $8 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $67,000 Foundation Title & Escrow
Warranty Deed $50,000 Omega Title
Warranty Deed $6,500 None Available
Corporate Deed $5,500 None Available
Trustee Deed $34,468 None Available
Special Warranty Deed $8,500 Resource Title Agency Of Tn
Trustee Deed $55,000 None Available
Warranty Deed $70,000 --
Special Warranty Deed $24,900 --
Deed In Lieu Of Foreclosure $42,400 --
Corporate Deed $53,000 Equity Title & Escrow Co
Trustee Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,300 Construction
Previous Owner $53,450 Construction
Previous Owner $30,800 New Conventional
Previous Owner $63,000 Fannie Mae Freddie Mac
Previous Owner $42,400 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Caleb Hall

Keller Williams

(901) 445-8139

Section Image

Sometimes the only thing standing between where you are and where you’re meant to be is the willingness to take a leap of faith and believe in yourself to be successful.

“You’re not focused here anymore. You need to go sell real estate.”
That’s what my boss said before letting me go. He wasn’t frustrated. He was doing me a favor. He could see what I hadn’t fully admitted to myself yet. My time, energy, and attention had already shifted. I was booking showings on lunch breaks,

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Source: Memphis Area Association of REALTORS®

MLS Number: 10194309

Memphis Area Association of REALTORS®

APN: 03-1028-0-0001