386 Elder Rd Memphis, TN 38109
Westwood NeighborhoodEstimated payment $592/month
Highlights
- Traditional Architecture
- Patio
- Central Heating and Cooling System
- Porch
- Tile Flooring
- 1-Story Property
About This Home
INVESTORS ONLY! Tenant occupied 3 bed 1.5 bath home. Currently rented at $1498/mo. This could be a great addition to your rental portfolio. Seller also selling 1902 Farrington, and 905 Annie. Can buy in bulk or individually. No sign in the yard. Please do not disturb or approach the tenant. No Creative or Owner Financed Offers. No Wholesale or Assignment.
Home Details
Home Type
- Single Family
Year Built
- Built in 1954
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 46x152
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,208 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Iron Doors
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Outdoor Features
- Patio
- Porch
Utilities
- Central Heating and Cooling System
Community Details
- J E Walker Homes Subdivision
Listing and Financial Details
- Assessor Parcel Number 075087 00024
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 | $239 | $19,275 | $1,900 | $17,375 |
| 2024 | -- | $7,050 | $1,375 | $5,675 |
| 2023 | $429 | $7,050 | $1,375 | $5,675 |
| 2022 | $429 | $7,050 | $1,375 | $5,675 |
| 2021 | $243 | $7,050 | $1,375 | $5,675 |
| 2020 | $531 | $7,325 | $1,375 | $5,950 |
| 2019 | $234 | $7,325 | $1,375 | $5,950 |
| 2018 | $234 | $7,325 | $1,375 | $5,950 |
| 2017 | $240 | $7,325 | $1,375 | $5,950 |
| 2016 | $340 | $7,775 | $0 | $0 |
| 2014 | $340 | $7,775 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | Pending | -- | -- | -- | |
| 01/19/2026 01/19/26 | For Sale | $110,000 | +43.3% | $91 / Sq Ft | |
| 11/07/2023 11/07/23 | Sold | $76,750 | -3.9% | $77 / Sq Ft | View Prior Sale |
| 10/14/2023 10/14/23 | Pending | -- | -- | -- | |
| 10/10/2023 10/10/23 | Price Changed | $79,900 | -11.1% | $80 / Sq Ft | |
| 10/10/2023 10/10/23 | For Sale | $89,900 | +17.1% | $90 / Sq Ft | |
| 09/19/2023 09/19/23 | Off Market | $76,750 | -- | -- | |
| 09/04/2023 09/04/23 | Price Changed | $89,900 | -10.0% | $90 / Sq Ft | |
| 08/22/2023 08/22/23 | Price Changed | $99,900 | -13.8% | $100 / Sq Ft | |
| 07/11/2023 07/11/23 | For Sale | $115,900 | -- | $116 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $76,750 | Saddle Creek Title | |
| Quit Claim Deed | -- | Saddle Creek Title Llc | |
| Quit Claim Deed | -- | Saddle Creek Title Llc | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $8,771 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $61,400 | New Conventional | |
| Previous Owner | $48,500 | Purchase Money Mortgage |
Source: Memphis Area Association of REALTORS®
MLS Number: 10213197
APN: 07-5087-0-0024
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