3035 Phyllis Ln Memphis, TN 38118
Parkway Village NeighborhoodEstimated payment $708/month
Total Views
2,259
3
Beds
1
Bath
1,400-1,599
Sq Ft
$75
Price per Sq Ft
Highlights
- Traditional Architecture
- Partially Carpeted
- 1-Story Property
- Central Heating and Cooling System
- Level Lot
About This Home
Great investment opportunity! This professionally managed, tenant occupied property features newer roof and gutters (2022) and other recent repairs. The property is currently rented to a long term tenant for $1040/mo. The tenant is a great, timely payer and the lease expires 06/26. The property is brick, has covered parking and it has central heat in air. It is conveniently located in East Memphis with easy access to all the city's amenities. Do not approach or disturb the tenant. No showings without an accepted offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $615
Year Built
- Built in 1958
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 60x136
- Level Lot
Home Design
- Traditional Architecture
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,429 Sq Ft Home
- 1-Story Property
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- Winchester Heights Blk A Subdivision
Listing and Financial Details
- Assessor Parcel Number 073053 00017
Map
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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 | $615 | $25,725 | $4,125 | $21,600 |
| 2024 | $615 | $18,150 | $2,875 | $15,275 |
| 2023 | $1,106 | $18,150 | $2,875 | $15,275 |
| 2022 | $1,106 | $18,150 | $2,875 | $15,275 |
| 2021 | $492 | $18,150 | $2,875 | $15,275 |
| 2020 | $996 | $13,750 | $2,875 | $10,875 |
| 2019 | $439 | $13,750 | $2,875 | $10,875 |
| 2018 | $439 | $13,750 | $2,875 | $10,875 |
| 2017 | $450 | $13,750 | $2,875 | $10,875 |
| 2016 | $581 | $13,300 | $0 | $0 |
| 2014 | $581 | $13,300 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $120,000 | -2.0% | $86 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $122,500 | -3.9% | $88 / Sq Ft |
| 07/04/2025 07/04/25 | For Sale | $127,500 | 0.0% | $91 / Sq Ft |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | For Sale | $127,500 | +34.2% | $91 / Sq Ft |
| 12/17/2021 12/17/21 | Sold | $95,000 | -5.0% | $68 / Sq Ft |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- |
| 10/30/2021 10/30/21 | For Sale | $100,000 | -- | $71 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,000 | Saddle Creek Title Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $33,800 | None Available | |
| Trustee Deed | $45,002 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,000 | New Conventional | |
| Previous Owner | $58,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10199781
APN: 07-3053-0-0017
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