250 1st Ave Memphis, TN 38109
South Memphis NeighborhoodEstimated payment $557/month
Highlights
- Traditional Architecture
- Porch
- Central Heating and Cooling System
- Wood Flooring
- Landscaped
- Combination Dining and Living Room
About This Home
Beautiful brick 3 bedroom, 2 bathroom home with major updates already completed! Renovation is partially complete and ready for an investor or new buyer to finish out. The property features brand new HVAC, a brand new water heater, new electrical, new plumbing, new flooring in the common areas, updated bathrooms with modern tile and vanities, fresh paint throughout, new light fixtures, and new cabinets already installed in the kitchen. Still needed are bedroom flooring, trim work, countertops, hardware, appliances, and exterior driveway repairs. Utilities are not on and will not be turned on. Selling AS-IS. Cash or hard/private money only. This is an excellent opportunity to add value as a flip or rental in a convenient Memphis location, just minutes from downtown.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $350
Year Built
- Built in 1955
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- Landscaped
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,215 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Combination Dining and Living Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Split Bedroom Floorplan
- Remodeled Bathroom
- 2 Full Bathrooms
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- Riverside Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 050006 00016
Map
Home Values in the Area
Average Home Value in this Area
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 | $350 | $13,975 | $1,250 | $12,725 |
| 2024 | $350 | $10,325 | $875 | $9,450 |
| 2023 | $629 | $10,325 | $875 | $9,450 |
| 2022 | $629 | $10,325 | $875 | $9,450 |
| 2021 | $748 | $10,325 | $875 | $9,450 |
| 2020 | $607 | $8,375 | $875 | $7,500 |
| 2019 | $268 | $8,375 | $875 | $7,500 |
| 2018 | $268 | $8,375 | $875 | $7,500 |
| 2017 | $274 | $8,375 | $875 | $7,500 |
| 2016 | $394 | $9,025 | $0 | $0 |
| 2014 | $394 | $9,025 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $99,000 | +518.8% | $83 / Sq Ft |
| 12/13/2024 12/13/24 | Sold | $16,000 | -20.0% | $13 / Sq Ft |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $20,000 | +185.7% | $17 / Sq Ft |
| 09/21/2016 09/21/16 | Sold | $7,000 | -12.5% | $6 / Sq Ft |
| 08/18/2016 08/18/16 | Pending | -- | -- | -- |
| 06/20/2016 06/20/16 | For Sale | $8,000 | -- | $7 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $16,000 | Saddle Creek Title | |
| Warranty Deed | $8,500 | Select Title & Escrow Llc | |
| Warranty Deed | $7,000 | Prferred Title & Escrow |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,728 | New Conventional |
Source: Memphis Area Association of REALTORS®
MLS Number: 10205285
APN: 05-0006-0-0016
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