$109,500
SOLD MAR 31, 2025

1280 Wedgewood St Memphis, TN 38111

Audubon Park Neighborhood
3 Beds
1 Bath
1,000-1,199 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • 1 Car Attached Garage
  • Partially Carpeted
  • 1-Story Property

About This Home

As of March 2025

Investors only! Tenant occupied property that could be a great addition to your rental/investment portfolio. Home has hardwood floors, covered parking, and nice tenant who has been there 8 years. Rented at $875, tenant is MTM. Property is professionally managed (lease, ledger, and work order history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Seller has multiple properties for sale (can buy them individually or in bulk)...please do not disturb or approach the tenant. Make offer contingent on inspection. No sign. No wholesalers, no assignments, no creative financing or owner financing....Cash or conventional offers only.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/07/2025

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Brittany Vogg

901, REALTORS License #331719

901, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,033 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Polo Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058137 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758C
  • MAAR Subdivision Name: POLO CLUB ESTATES
  • Number Of Stories: 1
  • Price Per Sq Ft: 106
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1033
  • Year Built: 1954
  • List Price/ Sq Ft: 111
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 178
  • Acreage: 0.16
  • Lot Size: 60X120
  • Price Per Acre: 718750
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 058137 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 31, 2025
Sold by
Kermick Robert D and Kermick Deborah J
Bought by
Merriweather Ashley Williams
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Brittany Vogg
901, REALTORS
List Price
$115,000
Sold Price
$109,500
Premium/Discount to List
-$5,500
-4.78%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$87,600
Outstanding Balance
$87,373
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$23,636

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 3, 2025
Sold by
D & D Real Estate Investment Llc
Bought by
Kermick Robert D and Kermick Deborah J
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Brittany Vogg
901, REALTORS
List Price
$115,000
Sold Price
$109,500
Premium/Discount to List
-$5,500
-4.78%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,600
Outstanding Balance
$87,373
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$23,636

Purchase Details

Closed on
Mar 17, 2006
Sold by
Kermick Robert D and Kermick Deborah J
Bought by
D & D Real Estate Investment Llc

Purchase Details

Closed on
Sep 10, 2001
Sold by
Butcher Charles W and Butcher Michele L
Bought by
Hud
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $109,500 Realty Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $62,000 None Available
Trustee Deed $58,017 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,600 New Conventional
Previous Owner $49,600 No Value Available
Previous Owner $35,000 Stand Alone Second
Previous Owner $35,000 Stand Alone Second
Previous Owner $6,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Rent $1,300 0.0% --
03/31/2025 03/31/25 Sold $109,500 -4.8% $110 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $115,000 -- $115 / 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 $520 $25,625 $5,000 $20,625
2024 $520 $15,350 $2,850 $12,500
2023 $935 $15,350 $2,850 $12,500
2022 $935 $15,350 $2,850 $12,500
2021 $946 $15,350 $2,850 $12,500
2020 $935 $12,900 $2,625 $10,275
2019 $935 $12,900 $2,625 $10,275
2018 $935 $12,900 $2,625 $10,275
2017 $530 $12,900 $2,625 $10,275
2016 $469 $10,725 $0 $0
2014 $469 $10,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angela Cage

    Seller's Agent in 2025

    Angela Cage

    Harris & Harris Realty Group

    (901) 231-1010

    101 Total Sales

    Angela Cage
    Section Image
  • Tyler Tapley

    Seller's Agent in 2025

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    78 in this area

    1,252 Total Sales

    Tyler Tapley
    Section Image

  • B

    Buyer's Agent in 2025

    Brittany Vogg

    901, REALTORS

    (901) 361-5545

    7 in this area

    43 Total Sales

    Brittany Vogg
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10189574

Memphis Area Association of REALTORS®

APN: 05-8137-0-0022

Tennessee Shelby County Memphis 38111 Audubon Park

1280 Wedgewood St, Memphis, TN

This home is located at 1280 Wedgewood St, Memphis, TN 38111 and is currently priced at $109,500, approximately $91 per square foot. This property was built in 1954. 1280 Wedgewood St is a home located in Shelby County with nearby schools including South Park Elementary School, Colonial Middle, and Overton High.

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