1514 S Willett St Memphis, TN 38106
Southeast Memphis NeighborhoodEstimated payment $401/month
Highlights
- Separate Formal Living Room
- Tile Flooring
- Dining Room
- Bungalow
- Central Heating
- Level Lot
About This Home
Investor alert! This 2-bed, 1-bath South Memphis bungalow offers 1,136 sq ft of potential. Built in 1920, it features a spacious living room, separate dining, and sits on a 5,662 sq ft lot. Currently rented for $765/month, with a Rent Zestimate® of $923/month. Minutes from Elvis Presley Blvd and South Parkway West. Driveway parking, mature trees, and classic charm. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. Property is part of a discounted investor package with: • 3597 Baine Ave – $76,000 • 48 W Belle Haven Rd – $76,000 • 140 Cedar Ave – $66,000
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 50x120
- Level Lot
Parking
- Driveway
Home Design
- Bungalow
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,110 Sq Ft Home
- 1-Story Property
- Aluminum Window Frames
- Separate Formal Living Room
- Dining Room
- Iron Doors
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating
Community Details
- South Parkway Willett Subdivision
Listing and Financial Details
- Assessor Parcel Number 048031 00015
Map
Home Values in the Area
Average Home Value in this Area
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 | $331 | $12,150 | $1,700 | $10,450 |
| 2024 | $331 | $9,750 | $850 | $8,900 |
| 2023 | $594 | $9,750 | $850 | $8,900 |
| 2022 | $594 | $9,750 | $850 | $8,900 |
| 2021 | $601 | $9,750 | $850 | $8,900 |
| 2020 | $725 | $10,000 | $850 | $9,150 |
| 2019 | $320 | $10,000 | $850 | $9,150 |
| 2018 | $320 | $10,000 | $850 | $9,150 |
| 2017 | $327 | $10,000 | $850 | $9,150 |
| 2016 | $458 | $10,475 | $0 | $0 |
| 2014 | $458 | $10,475 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $71,000 | +238.1% | $71 / Sq Ft | |
| 02/07/2020 02/07/20 | Sold | $21,000 | -15.7% | $21 / Sq Ft | View Prior Sale |
| 01/31/2020 01/31/20 | Pending | -- | -- | -- | |
| 01/02/2020 01/02/20 | For Sale | $24,900 | +232.0% | $25 / Sq Ft | |
| 09/07/2012 09/07/12 | Sold | $7,500 | -25.0% | $7 / Sq Ft | View Prior Sale |
| 08/15/2012 08/15/12 | Pending | -- | -- | -- | |
| 07/04/2012 07/04/12 | For Sale | $10,000 | -- | $9 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $21,000 | Memphis Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $236,900 | Title & Escrow Svcs Of Memph | |
| Deed | $6,800 | None Available | |
| Trustee Deed | $55,303 | None Available | |
| Warranty Deed | $52,000 | West Tennessee Title | |
| Corporate Deed | $18,000 | West Tennessee Title | |
| Trustee Deed | $32,200 | None Available | |
| Warranty Deed | $65,000 | Nations Title Of Tn Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $51,592 | FHA | |
| Previous Owner | $48,750 | Purchase Money Mortgage |
Source: Memphis Area Association of REALTORS®
MLS Number: 10205100
APN: 04-8031-0-0015
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