$135,000
SOLD MAR 21, 2025

1290 Merrycrest Dr Memphis, TN 38111

Audubon Park Neighborhood
4 Beds
1.5 Baths
1,400-1,599 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • 1 Car Attached Garage
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating

About This Home

As of March 2025

INVESTORS ONLY! Great investment opportunity. Tenant occupied, cash flowing and professionally managed property in 38111 area. Rented at $875, MTM tenancy. Hard wood floors. Roof and exterior look good, covered parking, online video available upon request. It is a 3/1.1 with an upstairs finished out bonus room (that could be a 4th bedroom or office). Property has central heat and window units (could add central A/C if you want). Long term tenant who wants to stay. Do not approach or disturb tenant. No showings without an accepted offer. No wholesale, assignment, creative finance or seller finance.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/12/2025

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/12/2025

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $621

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x135
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,404 Sq Ft Home
  • 1.2-Story Property
  • Some Wood Windows

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Bedrooms Down

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Polo Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058139 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$621

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: 1.2
  • Price Per Sq Ft: 96.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1404
  • Year Built: 1954
  • List Price/ Sq Ft: 96
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Pantry
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Half Bath, Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central
  • Water Sewer: Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 242
  • Acreage: 0.18
  • Lot Size: 60X135
  • Price Per Acre: 750000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058139 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Mar 21, 2025
Sold by
Kermick Robert D and Kermick Deborah J
Bought by
Willangava Properties Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$135,000
Sold Price
$135,000
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.08%
Original Mortgage
$158,450
Outstanding Balance
$63,915
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$70,660

Purchase Details

Closed on
Jul 2, 2018
Sold by
D And D Real Estate Investments Llc
Bought by
Kermick Robert D and Kermick Deborah J

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
Apr 27, 2000
Sold by
Matracea Joseph George and Stone Nina Joe Matracea
Bought by
Kermick Robert D and Kermick Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
8.23%
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 $135,000 Realty Title & Escrow
Quit Claim Deed -- None Available
Warranty Deed $64,000 None Available
Warranty Deed $64,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,450 Construction
Previous Owner $49,500 Unknown
Previous Owner $51,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2025 07/06/25 For Sale $219,900 +62.9% $157 / Sq Ft
03/21/2025 03/21/25 Sold $135,000 0.0% $96 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $135,000 -- $96 / 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 $621 $27,725 $5,000 $22,725
2024 $621 $18,325 $2,825 $15,500
2023 $1,116 $18,325 $2,825 $15,500
2022 $1,116 $18,325 $2,825 $15,500
2021 $632 $18,325 $2,825 $15,500
2020 $1,009 $13,925 $2,600 $11,325
2019 $445 $13,925 $2,600 $11,325
2018 $445 $13,925 $2,600 $11,325
2017 $456 $13,925 $2,600 $11,325
2016 $614 $14,050 $0 $0
2014 $614 $14,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • 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
  • Meatha Haynes Tapley

    Seller Co-Listing Agent in 2025

    Meatha Haynes Tapley

    Crye-Leike, Inc., REALTORS

    (901) 288-5582

    19 in this area

    243 Total Sales

    Meatha Haynes Tapley
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10189915

Memphis Area Association of REALTORS®

APN: 05-8139-0-0020

Tennessee Shelby County Memphis 38111 Audubon Park

1290 Merrycrest Dr, Memphis, TN

This home is located at 1290 Merrycrest Dr, Memphis, TN 38111 and is currently priced at $135,000, approximately $84 per square foot. This property was built in 1954. 1290 Merrycrest Dr is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

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