$71,000

1514 S Willett St Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated payment $406/month

Total Views 466
2 Beds
1 Bath
1,000-1,199 Sq Ft
$59 Price per Sq Ft

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

Listing Agent

Curtis Bleeker

KAIZEN Realty, LLC License #337285 Listed on: 09/04/2025

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 748A
  • MAAR Subdivision Name: SOUTH PARKWAY-WILLETT
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1110
  • Year Built: 1920
  • 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: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 58
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 546154
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 048031 00015

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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
08/15/2012 08/15/12 Pending -- -- --
07/04/2012 07/04/12 For Sale $10,000 -- $9 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,592 FHA
Previous Owner $48,750 Purchase Money Mortgage
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10205100

Memphis Area Association of REALTORS®

APN: 04-8031-0-0015

Tennessee Shelby County Memphis 38106 Southeast Memphis

1514 S Willett St, Memphis, TN

This home is located at 1514 S Willett St, Memphis, TN 38106 and is currently priced at $71,000, approximately $59 per square foot. This property was built in 1920. 1514 S Willett St is a home located in Shelby County with nearby schools including Hamilton High School, Memphis Delta Preparatory Charter School, and Memphis College Preparatory.

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Curtis Bleeker
Listing Agent
Curtis Bleeker
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KAIZEN Realty, LLC
(901) 472-7934