NOT LISTED FOR SALE

1180 Russwood Rd Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $116,000 - $159,000

2 Beds
1 Bath
891 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $149,900 $168 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $750/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of April 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $995 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 01/25/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $465

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x110
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 891 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Rendale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053111 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$465

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RENDALE
  • List Price Per Sq Ft: 168
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 891
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • 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: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 20
  • Acreage: 0.23
  • Lot Size: 75X110

Tax Info

  • Assessor Parcel Number: 053111 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Apr 8, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Paris Benjamin R
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$135,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,720
Avg. Annual Appreciation
-2.87%
Original Mortgage
$112,425
Outstanding Balance
$105,042
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$30,138

Purchase Details

Closed on
Sep 10, 2021
Sold by
Kent Billy Wayne
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Sutter Daniel D and Sutter Jennifer W
Bought by
Kent Billy Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,505
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2001
Sold by
Williams James M and Williams Terry D
Bought by
Sutter Daniel D and Sutter Jennifer W

Purchase Details

Closed on
Apr 8, 1998
Sold by
Williams Jason M
Bought by
Williams James M and Williams Terry D

Purchase Details

Closed on
Mar 7, 1996
Bought by
Sutter Daniel D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paris Benjamin R $149,900 None Listed On Document
Memphis Investment Properties Iii Llc $60,000 Delta Title Services Llc
Kent Billy Wayne $63,000 --
Sutter Daniel D $35,130 --
Williams James M -- --
Sutter Daniel D $49,576 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paris Benjamin R $112,425
Previous Owner Memphis Investment Properties Iii Llc $86,000
Previous Owner Kent Billy Wayne $62,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $149,900 0.0% $168 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $149,900 -- $168 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

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 $465 $29,800 $4,125 $25,675
2024 $465 $13,725 $2,500 $11,225
2023 $836 $13,725 $2,500 $11,225
2022 $465 $13,725 $2,500 $11,225
2021 $846 $13,725 $2,500 $11,225
2020 $745 $10,275 $2,500 $7,775
2019 $745 $10,275 $2,500 $7,775
2018 $745 $10,275 $2,500 $7,775
2017 $422 $10,275 $2,500 $7,775
2016 $458 $10,475 $0 $0
2014 $458 $10,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    25 in this area

    392 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    25 in this area

    409 Total Sales

    Bradley Reedy
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10116851

Memphis Area Association of REALTORS®

APN: 05-3111-0-0022

Tennessee Shelby County Memphis 38122 Berclair

1180 Russwood Rd, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes