$69,500
$5K PRICE DROP

Estimated payment $402/month

Total Views 1,113
3 Beds
1 Bath
800-999 Sq Ft
$70 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Attic
  • Den
  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

Cash-Only Investor Special – Rental Ready with Key Upgrades Already Done! This updated 3BR, 1BA ranch-style home sits on a corner lot in South Memphis w/major improvements already complete. Refinished hardwood floors, fresh interior & exterior paint, new ceiling fans, plantation shutters & new interior doors — a strong foundation for a flip or buy-and-hold strategy. Upgraded kitchen w/new cabinets & vinyl plank flooring, while the bathroom features a new vanity & new vinyl flooring. Major systems like plumbing & electrical have already been updated, reducing your upfront costs. Outside, enjoy a fully fenced yard. A metal carport w/built-in storage adds functionality & 8 installed security cameras provide peace of mind. Just a few finishing touches remain: install your preferred HVAC or window units, add a water heater & complete light trim or paint touch-ups. Being sold strictly AS IS for cash buyers only. Low entry point, solid updates & strong Section 8 rental potential.

Listing Agent

Melissa Blume Thompson

eXp Realty License #231600 Listed on: 07/14/2025

eXp Realty

Co-Listing Agent

Shesbie Smith

eXp Realty License #378396

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 97x97
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 800-999 Sq Ft Home
  • 988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Cable TV Available

Community Details

  • Philsar Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049015 00014

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 747D
  • MAAR Subdivision Name: PHILSAR BLK E
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 988
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 800-999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Equipment: Cable Available
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access
  • Other Rooms: Attic
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Ceiling Fan(s)
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Corner
  • Lot Number: 185
  • Acreage: 0.22
  • Lot Size: 97X97
  • Price Per Acre: 315909
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 049015 00014

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 -- $11,875 $2,000 $9,875
2024 $258 $7,625 $1,125 $6,500
2023 $464 $7,625 $1,125 $6,500
2022 $464 $7,625 $1,125 $6,500
2021 $470 $7,625 $1,125 $6,500
2020 $469 $6,475 $1,125 $5,350
2019 $469 $6,475 $1,125 $5,350
2018 $469 $6,475 $1,125 $5,350
2017 $266 $6,475 $1,125 $5,350
2016 $293 $6,700 $0 $0
2014 $293 $6,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $69,500 -4.1% $87 / Sq Ft
07/31/2025 07/31/25 Price Changed $72,500 -3.2% $91 / Sq Ft
07/22/2025 07/22/25 For Sale $74,900 0.0% $94 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $74,900 +149.7% $94 / Sq Ft
07/29/2024 07/29/24 Sold $30,000 +0.3% $300 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $29,900 -- $299 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $43,000 Titan Title Company
Warranty Deed $30,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Construction
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10201189

Memphis Area Association of REALTORS®

APN: 04-9015-0-0014