1516 Netherwood Ave Memphis, TN 38106
Southeast Memphis NeighborhoodEstimated payment $1,169/month
Highlights
- Updated Kitchen
- Separate Formal Living Room
- Partially Carpeted
- Traditional Architecture
- Central Heating and Cooling System
- Level Lot
About This Home
INVESTORS ONLY!! DO NOT DISTURB TENANT. A duplex featuring one 3-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, each with its own functional layout and comfortable living spaces. The property offers a practical opportunity with two separate residences on one lot, providing flexibility and added rental potential. Conveniently located near schools, shopping, dining, and major roadways for easy access to everyday amenities.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 60x143
- Level Lot
Parking
- Driveway
Home Design
- Duplex
- Traditional Architecture
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
- Partially Carpeted
- Updated Kitchen
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Southern Terr Subdivision
Listing and Financial Details
- Assessor Parcel Number 031008 00015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,571 | $58,400 | $11,960 | $46,440 |
| 2024 | $983 | $29,000 | $2,720 | $26,280 |
| 2023 | $1,767 | $29,000 | $2,720 | $26,280 |
| 2022 | $1,767 | $29,000 | $2,720 | $26,280 |
| 2021 | $1,787 | $29,000 | $2,720 | $26,280 |
| 2020 | $1,539 | $21,240 | $2,720 | $18,520 |
| 2019 | $679 | $21,240 | $2,720 | $18,520 |
| 2018 | $679 | $21,240 | $2,720 | $18,520 |
| 2017 | $695 | $21,240 | $2,720 | $18,520 |
| 2016 | $663 | $15,175 | $0 | $0 |
| 2014 | $663 | $15,175 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2026 07/31/26 | For Sale | $189,000 | +1081.3% | $95 / Sq Ft | |
| 08/05/2016 08/05/16 | Sold | $16,000 | -46.5% | $8 / Sq Ft | View Prior Sale |
| 08/05/2016 08/05/16 | Pending | -- | -- | -- | |
| 03/23/2016 03/23/16 | For Sale | $29,900 | -- | $14 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $147,000 | None Listed On Document | |
| Quit Claim Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Saddle Creek Title Llc | |
| Warranty Deed | $103,000 | Saddle Creek Title Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $16,000 | Saddle Creek Title Llc |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | New Conventional | |
| Previous Owner | $61,800 | Purchase Money Mortgage |
Source: Memphis Area Association of REALTORS®
MLS Number: 10227519
APN: 03-1008-0-0015
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Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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