$80,000
$20K PRICE DROP

1535 Southern Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated payment $478/month

Total Views 3,828
3 Beds
1 Bath
1,400-1,599 Sq Ft
$50 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot
  • 1 Fireplace
  • Dining Room
  • 1-Story Property

About This Home

Property is now leased at $850/month and is professionally managed! Rice adjustment, so this now meets the "1% rule"!

Listing Agent

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310 Listed on: 03/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $629

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x136
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,436 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Community Details

  • Southern Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031006 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$629

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: SOUTHERN TERRACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1436
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Sprayed Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 44
  • Acreage: 0.15
  • Lot Size: 50X136
  • Price Per Acre: 533333
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 031006 00004

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 $629 $30,950 $6,825 $24,125
2024 $629 $18,550 $1,375 $17,175
2023 $1,130 $18,550 $1,375 $17,175
2022 $1,130 $18,550 $1,375 $17,175
2021 $1,143 $18,550 $1,375 $17,175
2020 $254 $3,500 $1,375 $2,125
2019 $254 $3,500 $1,375 $2,125
2018 $254 $3,500 $1,375 $2,125
2017 $144 $3,500 $1,375 $2,125
2016 $147 $3,375 $0 $0
2014 $43 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Price Changed $80,000 -5.9% $57 / Sq Ft
07/25/2025 07/25/25 Price Changed $85,000 0.0% $61 / Sq Ft
07/18/2025 07/18/25 Rented $850 0.0% --
04/21/2025 04/21/25 Price Changed $850 0.0% $0 / Sq Ft
03/25/2025 03/25/25 For Sale $100,000 0.0% $71 / Sq Ft
02/14/2025 02/14/25 Price Changed $900 -25.0% $1 / Sq Ft
01/29/2025 01/29/25 Price Changed $1,200 +4.3% $1 / Sq Ft
01/02/2025 01/02/25 Price Changed $1,150 -11.5% $1 / Sq Ft
11/12/2024 11/12/24 For Rent $1,300 -- --
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Saddle Creek Title
Warranty Deed $40,000 Saddle Creek Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $1,000 None Available
Warranty Deed $75,000 None Available
Special Warranty Deed $15,000 --
Trustee Deed $27,000 --
Warranty Deed $52,000 Community Equity & Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,600 Construction
Previous Owner $56,250 Unknown
Previous Owner $49,400 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10192728

Memphis Area Association of REALTORS®

APN: 03-1006-0-0004

Tennessee Shelby County Memphis 38106 Southeast Memphis

1535 Southern Ave, Memphis, TN

This home is located at 1535 Southern Ave, Memphis, TN 38114 and is currently priced at $80,000, approximately $50 per square foot. This property was built in 1928. 1535 Southern Ave is a home located in Shelby County with nearby schools including Rozelle Elementary School, Hamilton High School, and Memphis Delta Preparatory Charter School.

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Alissa Fowler
Listing Agent
Alissa Fowler
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CrestCore Realty MphsBrokerage
(901) 668-5068