NOT LISTED FOR SALE

157 Cedar Ave Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $112,356 - $115,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $115,000 $96 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $625/month

26 Days on Market

Highlights

  • Updated Kitchen
  • Attic
  • Porch
  • Contemporary Architecture
  • Some Wood Windows
  • 3-minute walk to Booker T. Washington Park

About This Home

As of August 2022

Great investment opportunity in Memphis! 157 Cedar Ave is a solid 3-bedroom, 2-bath home that is currently being used as a short-term rental. The property sits on a quiet street and offers a functional layout, a spacious lot, and strong rental potential. All furniture can be included at no additional cost if the buyer chooses to keep it, making this a flexible and turnkey investment option. Whether you're looking to expand your portfolio or begin your real estate investing journey, this home is a smart buy. Don’t miss your chance to unlock the value in this affordable, income-generating property. This could be your next big opportunity—or your new home!

Last Agent to Sell the Property

Rosalyn Alexander

KAIZEN Realty, LLC License #292776 Listed on: 05/29/2022

KAIZEN Realty, LLC

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x125
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,090 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Storm Doors
  • Iron Doors

Parking

  • Attached Garage
  • Driveway

Accessible Home Design

  • Handicap Modified
  • Doors are 32 inches wide or more

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Cedar St S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022021 00004

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: MAIN AND 7TH
  • MAAR Subdivision Name: CEDAR
  • Handicap Design: Wide Doors
  • List Price Per Sq Ft: 113
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1090
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Slate, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Dishwasher, Cable Wired, Satellite Dish
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Pull Down Attic Stairs, Walk-In Attic, Handicap Design, Cat/Dog Free House, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Closet, Attic, Storage Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch
  • Exterior Windows: Wood/Composition, Double Pane Window(s), Storm Window(s), Storm Door(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: 220 Wiring, Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Level, Landscaped, Chain Fenced
  • Lot Number: 59&PT60
  • Acreage: 0.11
  • Lot Size: 41X125

Tax Info

  • Assessor Parcel Number: 022021 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Aug 1, 2022
Sold by
Terence Bowen
Bought by
Crowded House Llc
Seller's Agent
Rosalyn Alexander
KAIZEN Realty, LLC
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$123,000
Sold Price
$115,000
Premium/Discount to List
-$8,000
-6.5%
Current Estimated Value
$113,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,411
Avg. Annual Appreciation
-0.35%

Purchase Details

Listed on
Feb 12, 2014
Closed on
May 19, 2017
Sold by
Tabbco Properties Inc
Bought by
Bowen Terence
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Rosalyn Alexander
KAIZEN Realty, LLC
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.65%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Taylor Patricia
Bought by
North Memphis Community Development Cx

Purchase Details

Closed on
Mar 2, 2005
Sold by
Tabb Timothy R
Bought by
Tabbco Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
County Of Shelby
Bought by
Tabb Timothy R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Crowded House Llc $115,000 Home Surety Title & Escrow
Bowen Terence $35,000 Realty Title
North Memphis Community Development Cx $1,189,189 --
Tabbco Properties Inc -- --
Tabb Timothy R $2,025 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabbco Properties Inc $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Price Changed $115,000 -11.5% $115 / Sq Ft
07/27/2025 07/27/25 For Sale $130,000 +13.0% $130 / Sq Ft
08/01/2022 08/01/22 Sold $115,000 -6.5% $115 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
05/29/2022 05/29/22 For Sale $123,000 +251.4% $123 / Sq Ft
05/18/2017 05/18/17 Sold $35,000 -22.2% $35 / Sq Ft View Prior Sale
05/08/2017 05/08/17 Pending -- -- --
02/12/2014 02/12/14 For Sale $45,000 -- $45 / 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 $424 $31,325 $1,625 $29,700
2024 $424 $12,500 $550 $11,950
2023 $761 $12,500 $550 $11,950
2022 $761 $12,500 $550 $11,950
2021 $770 $12,500 $550 $11,950
2020 $716 $9,875 $550 $9,325
2019 $316 $9,875 $550 $9,325
2018 $316 $9,875 $550 $9,325
2017 $323 $9,875 $550 $9,325
2016 $440 $10,075 $0 $0
2014 $440 $10,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jeffery Sample

    eXp Realty, LLC

    Section Image

  • R

    Seller's Agent in 2022

    Rosalyn Alexander

    KAIZEN Realty, LLC

    (901) 238-8845

    1 in this area

    11 Total Sales

    Rosalyn Alexander
    Section Image
  • James Wachob

    Buyer's Agent in 2022

    James Wachob

    Foundation Property Management

    (901) 633-1484

    7 in this area

    650 Total Sales

    James Wachob
    Section Image
  • Amanda Lott

    Seller's Agent in 2017

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    1 in this area

    347 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2017

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    1 in this area

    340 Total Sales

    Carol Lott
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10125053

Memphis Area Association of REALTORS®

APN: 02-2021-0-0004

Tennessee Shelby County Memphis 38107 North Memphis

157 Cedar Ave, Memphis, TN

Not Listed for Sale

Detached

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