$52,275
SOLD JUL 15, 2025

2717 Burns Ave Memphis, TN 38114

Southeast Memphis Neighborhood
3 Beds
1 Bath
1,000-1,199 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

37% Below List Price

53 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • Wood Flooring
  • Level Lot

About This Home

As of July 2025

This classic 3-bedroom, 1-bath bungalow located in the heart of Bethel Grove offers a strong addition to any investment portfolio. With a long-term tenant of 5 years currently paying $700/month, this property provides immediate cash flow and outstanding value-add potential. The home features a functional layout, a spacious living area, and a generously sized yard. Conveniently situated near schools, shopping, and major transportation routes, it’s an attractive location for renters. Whether you're looking to expand your portfolio or start investing, this property offers steady income with room for future rent growth. Don't miss out on this affordable opportunity to build wealth in a growing area!

Last Agent to Sell the Property

Cassandra Bell-Warren

4 Success Realty, LLC License #289692 Listed on: 04/28/2025

Last Buyer's Agent

Kimberly Leake

Tri-Leake Realty License #371113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $409

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x153
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,189 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • La Belle Heights Blk 43 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047079 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$409

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • Number Of Stories: 1
  • Price Per Sq Ft: 43.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1189
  • Year Built: 1940
  • List Price/ Sq Ft: 69
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: N1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 4
  • Acreage: 0.17
  • Lot Size: 50X153
  • Price Per Acre: 485294
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 047079 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jul 18, 2025
Sold by
Durbin Michael Steven and Durbin Olivia Perez
Bought by
Fair Cash Passive Llc
Seller's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
Buyer's Agent
Kimberly Leake
Tri-Leake Realty
List Price
$82,500
Sold Price
$52,275
Premium/Discount to List
-$30,225
-36.64%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.31%

Purchase Details

Closed on
Jun 1, 2022
Sold by
Olivia Perez
Bought by
Durbin Michael Steven and Durbin Olivia Perez

Purchase Details

Closed on
Dec 28, 2016
Sold by
Maclean Tn Llc
Bought by
Perez Olivia

Purchase Details

Closed on
Apr 11, 2011
Sold by
Titan Properties Llc
Bought by
Maclean Tn Llc

Purchase Details

Closed on
Jul 1, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Titan Properties

Purchase Details

Closed on
Feb 22, 2008
Sold by
Hughes Abigail M
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-2

Purchase Details

Closed on
Oct 28, 2005
Sold by
Owens James Edward and Malone Annie
Bought by
Hughes Abigail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,050
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2000
Sold by
Octavia Owens
Bought by
Owens James Edward and Malone Annie
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $52,275 Excel Title & Escrow
Quit Claim Deed -- --
Warranty Deed $25,950 Saddle Creek Title Llc
Warranty Deed $133,500 Saddle Creek Title Llc
Special Warranty Deed $13,100 None Available
Trustee Deed $12,000 None Available
Warranty Deed $53,000 Title Enterprises Llc
Interfamily Deed Transfer -- Memphis Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,050 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 Sold $52,275 -36.6% $52 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $82,500 -- $83 / 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 $409 $16,100 $2,450 $13,650
2024 $409 $12,050 $1,125 $10,925
2023 $734 $12,050 $1,125 $10,925
2022 $734 $12,050 $1,125 $10,925
2021 $416 $12,050 $1,125 $10,925
2020 $609 $8,400 $1,125 $7,275
2019 $268 $8,400 $1,125 $7,275
2018 $268 $8,400 $1,125 $7,275
2017 $275 $8,400 $1,125 $7,275
2016 $374 $8,550 $0 $0
2014 $374 $8,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassandra Bell-Warren

    Seller's Agent in 2025

    Cassandra Bell-Warren

    4 Success Realty, LLC

    (981) 859-8562

    11 in this area

    132 Total Sales

    Cassandra Bell-Warren
    Section Image

  • K

    Buyer's Agent in 2025

    Kimberly Leake

    Tri-Leake Realty

    (901) 650-1922

    1 in this area

    3 Total Sales

    Kimberly Leake
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10195260

Memphis Area Association of REALTORS®

APN: 04-7079-0-0014

Tennessee Shelby County Memphis 38114 Southeast Memphis

2717 Burns Ave, Memphis, TN

This home is located at 2717 Burns Ave, Memphis, TN 38114 and is currently priced at $52,275, approximately $43 per square foot. This property was built in 1940. 2717 Burns Ave is a home located in Shelby County with nearby schools including Bethel Grove Elementary School, Sherwood Middle, and Melrose High School.

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