$105,000
PENDING $10K PRICE DROP

Estimated payment $607/month

Total Views 3,448
2 Beds
1 Bath
600-799 Sq Ft
$131 Price per Sq Ft

Highlights

  • Wood Flooring
  • Storage Room
  • Outdoor Storage
  • Eat-In Kitchen
  • Bungalow
  • Central Heating and Cooling System

About This Home

This 2-bedroom, 1-bath home is the kind of gem that doesn't come along every day. Just a short drive from the University of Memphis, it's a perfect spot for student rental or a solid long-term rental. As an experienced investor or a novice, you'll see that this home has great potential in a high-demand area. Roof, HVAC, and water heater were all new in 2018, so you can move on with it without the typical maintenance worries. The yard is large and can be that additional outdoor living that adds appeal to setting up for entertaining.

Listing Agent

Ashley Claunch

Premier Realty Group, LLC License #326574 Listed on: 06/02/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x177
  • Wood Fence
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Bungalow

Interior Spaces

  • 600-799 Sq Ft Home
  • 776 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Wilshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058045 00031

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 758B
  • MAAR Subdivision Name: SHERWOOD FOREST
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 776
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 600-799
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building, Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 21
  • Acreage: 0.2
  • Lot Size: 50X177
  • Price Per Acre: 525000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 058045 00031

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 -- $29,075 $4,725 $24,350
2024 $560 $16,525 $3,275 $13,250
2023 $1,007 $16,525 $3,275 $13,250
2022 $1,007 $16,525 $3,275 $13,250
2021 $1,018 $16,525 $3,275 $13,250
2020 $908 $12,525 $2,350 $10,175
2019 $400 $12,525 $2,350 $10,175
2018 $324 $10,125 $2,350 $7,775
2017 $331 $10,125 $2,350 $7,775
2016 $397 $9,075 $0 $0
2014 $397 $9,075 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Pending -- -- --
08/05/2025 08/05/25 Price Changed $105,000 -3.7% $175 / Sq Ft
07/16/2025 07/16/25 Price Changed $109,000 -0.9% $182 / Sq Ft
06/19/2025 06/19/25 Price Changed $110,000 -4.3% $183 / Sq Ft
06/02/2025 06/02/25 For Sale $115,000 0.0% $192 / Sq Ft
03/27/2020 03/27/20 Rented $665 0.0% --
03/23/2020 03/23/20 Under Contract -- -- --
03/23/2020 03/23/20 For Rent $665 0.0% --
06/12/2018 06/12/18 Sold $84,900 0.0% $849 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $84,900 -- $849 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,900 Closetrak Closing & Title Se
Warranty Deed $55,900 Closing & Title Svcs
Warranty Deed $134,800 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $25,000 None Available
Trustee Deed $57,200 --
Warranty Deed $39,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,450 Commercial
Previous Owner $64,605 Purchase Money Mortgage
Previous Owner $36,400 Construction
Previous Owner $40,388 FHA
Closed $1,959 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10197989

Memphis Area Association of REALTORS®

APN: 05-8045-0-0031