$122,500

Estimated payment $700/month

Total Views 708
4 Beds
1 Bath
1,200-1,399 Sq Ft
$88 Price per Sq Ft

About This Home

Fantastic investment opportunity in the Shelby area. This 4br/1 bath single-family home is in the 38109 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 12/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Listing Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $451

Year Built

  • Built in 1973

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,230 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Mitchell Rd School Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082003 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$451

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 761B
  • MAAR Subdivision Name: MITCHELL RD SCHOOL
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1230
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Parking Display: N0

Lot Info

  • Lot Number: 10
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 942308
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 082003 00002

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 $451 $27,075 $1,575 $25,500
2024 $451 $13,300 $1,250 $12,050
2023 $451 $13,300 $1,250 $12,050
2022 $810 $13,300 $1,250 $12,050
2021 $820 $13,300 $1,250 $12,050
2020 $850 $11,725 $1,250 $10,475
2019 $375 $11,725 $1,250 $10,475
2018 $375 $11,725 $1,250 $10,475
2017 $384 $11,725 $1,250 $10,475
2016 $525 $12,025 $0 $0
2014 $525 $12,025 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $122,500 0.0% $102 / Sq Ft
12/23/2024 12/23/24 Rented $1,100 0.0% --
12/04/2024 12/04/24 Price Changed $1,100 -15.4% $1 / Sq Ft
11/14/2024 11/14/24 Price Changed $1,300 -16.1% $1 / Sq Ft
09/30/2024 09/30/24 For Rent $1,550 0.0% --
05/31/2024 05/31/24 Sold $107,000 -2.7% $89 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $110,000 -4.3% $92 / Sq Ft
03/25/2024 03/25/24 Price Changed $114,900 -4.1% $96 / Sq Ft
02/28/2024 02/28/24 Price Changed $119,800 -0.1% $100 / Sq Ft
01/04/2024 01/04/24 For Sale $119,900 +12.1% $100 / Sq Ft
12/20/2023 12/20/23 Off Market $107,000 -- --
11/02/2023 11/02/23 Price Changed $119,900 -4.0% $100 / Sq Ft
09/18/2023 09/18/23 Price Changed $124,900 -3.9% $104 / Sq Ft
09/07/2023 09/07/23 For Sale $130,000 -- $108 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $107,000 Local Title
Special Warranty Deed $23,000 Boston Natl Title Agency Llc
Special Warranty Deed $43,000 Boston National Title Agency
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,600 New Conventional
Previous Owner $25,200 New Conventional
Previous Owner $35,000 Unknown
Previous Owner $13,738 Unknown
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10200519

Memphis Area Association of REALTORS®

APN: 08-2003-0-0002