PENDING
$6K PRICE DROP
3071 Mccool Ave Memphis, TN 38114
Orange Mound NeighborhoodEstimated payment $503/month
Total Views
3,787
3
Beds
1
Bath
1,000-1,199
Sq Ft
$70
Price per Sq Ft
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- Level Lot
- Some Wood Windows
- Partially Carpeted
- 1-Story Property
About This Home
Investment opportunity available. Tenant occupied and professionally managed home for sale (lease, ledger, repair history available upon request). Investors only! This property could be a great addition to your rental portfolio. The property is currently rented for $880/mo with a $695 security deposit. The lease expires February 2026. This was bought turnkey in 2020 and the roof, HVAC, water heater should all be in good shape (please confirm)! Make offers contingent on interior inspection. No wholesalers, no assignments, no creative financing or owner financing...cash offers or conventional bank offers only. No sign in the yard. The photos used were prior to the tenant moving in and may not reflect the current condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $566
Year Built
- Built in 1951
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 60x164
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,098 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- Cherokee Subdivision
Listing and Financial Details
- Assessor Parcel Number 059040 00003
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 | $566 | $32,025 | $2,625 | $29,400 |
| 2024 | $566 | $16,700 | $1,250 | $15,450 |
| 2023 | $1,017 | $16,700 | $1,250 | $15,450 |
| 2022 | $1,017 | $16,700 | $1,250 | $15,450 |
| 2021 | $576 | $16,700 | $1,250 | $15,450 |
| 2020 | $652 | $9,000 | $1,250 | $7,750 |
| 2019 | $288 | $9,000 | $1,250 | $7,750 |
| 2018 | $288 | $9,000 | $1,250 | $7,750 |
| 2017 | $294 | $9,000 | $1,250 | $7,750 |
| 2016 | $354 | $8,100 | $0 | $0 |
| 2014 | $354 | $8,100 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | Price Changed | $83,900 | -1.2% | $84 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $84,900 | -2.3% | $85 / Sq Ft |
| 06/10/2025 06/10/25 | Price Changed | $86,900 | -3.3% | $87 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $89,900 | 0.0% | $90 / Sq Ft |
| 05/18/2025 05/18/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $89,900 | 0.0% | $90 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $89,900 | +29.4% | $90 / Sq Ft |
| 02/18/2020 02/18/20 | Sold | $69,500 | 0.0% | $70 / Sq Ft |
| 01/14/2020 01/14/20 | Pending | -- | -- | -- |
| 01/14/2020 01/14/20 | For Sale | $69,500 | -- | $70 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $69,500 | Delta Title Services Llc | |
| Warranty Deed | $27,000 | Delta Title Services Llc | |
| Warranty Deed | $26,750 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $55,600 | New Conventional | |
| Previous Owner | $36,000 | No Value Available | |
| Previous Owner | $24,330 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10195411
APN: 05-9040-0-0003
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