Rasheedah Jones
Dreamteam Realty Co
(901) 509-9429
40 Total Sales
2 in Douglass
$25,000 Price Range
4064 Reed Ave Memphis, TN 38108
Douglass Neighborhood
2
Beds
1
Bath
800-999
Sq Ft
6,098
Sq Ft Lot
Highlights
- Traditional Architecture
- Outdoor Storage
- Level Lot
- Some Wood Windows
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of June 2026ATTENTION INVESTORS!! 4064 Reed Ave is a fully renovated 2BR/1BA, 825 SF turnkey rental offering strong, stable cash flow and low-maintenance ownership. Currently leased at $975/month through 2/11/2028 with a 5.27% cash-on-cash return. Major improvements include a NEW 30-year architectural roof, NEW 2.5-ton Carrier HVAC system, and a FULL interior renovation featuring fresh paint, trim, lighting, doors, and fixtures. The kitchen has been completely updated with new cabinets, countertops, sink, and faucet, along with new LVP flooring. The bathroom has been fully remodeled with a new tub, tile, vanity, toilet, and fixtures. Additional upgrades include a new water heater, smart locks, updated electrical/lighting, and exterior improvements including paint, siding repairs, fencing, driveway, and landscaping. DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No wholesalers, assignments, or creative financing! Owner/Agent
Last Agent to Sell the Property
Foundation Property Management License #294924 Listed on: 08/15/2025
Last Buyer's Agent
Foundation Property Management License #294924 Listed on: 08/15/2025
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Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- Level Lot
Home Design
- Traditional Architecture
Interior Spaces
- 800-999 Sq Ft Home
- 825 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Aluminum Window Frames
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Additional Features
- Outdoor Storage
- Central Heating and Cooling System
Community Details
- Kee C M A,B&C Subdivision
Listing and Financial Details
- Assessor Parcel Number 053044 00021
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2025
Closed on
Jun 4, 2026
Sold by
Bought by
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$130,000
Sold Price
$129,900
Premium/Discount to List
-$100
-0.08%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.98%
Purchase Details
Closed on
Apr 10, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.76%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 11, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Douglass, TN
-
Rasheedah Jones
-
Pablo Pereyra
Pablo Pereyra
901, REALTORS
(901) 979-6330
131 Total Sales
2 in Douglass
$181,000 Price Range
-
Michelle Shaver-Simpson
Michelle Shaver-Simpson
Responds QuicklyCrye-Leike, Inc., REALTORS
(901) 464-3556
78 Total Sales
1 in Douglass
$83,000 Price
-
Juan Casem
Juan Casem
Crye-Leike Inc., REALTORS
(901) 979-1402
116 Total Sales
1 in Douglass
$55,000 Price
-
Jim Williams
Jim Williams
Tiger Realty
(901) 763-6539
33 Total Sales
1 in Douglass
$90,000 Price
-
Jo Mathes
Jo Mathes
Pinnacle Realty
(901) 371-4079
65 Total Sales
1 in Douglass
$23,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $129,900 | Mid South Title Services | |
| Warranty Deed | $80,000 | None Listed On Document | |
| Warranty Deed | $36,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $105,000 | Construction | |
| Previous Owner | $105,000 | Construction | |
| Previous Owner | $80,000 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | Sold | $129,900 | 0.0% | $162 / Sq Ft |
| 05/04/2026 05/04/26 | Pending | -- | -- | -- |
| 04/28/2026 04/28/26 | Price Changed | $129,900 | -3.7% | $162 / Sq Ft |
| 09/12/2025 09/12/25 | Price Changed | $134,900 | +3.8% | $169 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $130,000 | 0.0% | $163 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $130,000 | +0.1% | $163 / Sq Ft |
| 09/08/2025 09/08/25 | Off Market | $129,900 | -- | -- |
| 09/04/2025 09/04/25 | Price Changed | $484,900 | +259.5% | $606 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $134,900 | -72.2% | $169 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $484,900 | -- | $606 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $469 | $17,450 | $3,575 | $13,875 |
| 2024 | $357 | $10,525 | $1,350 | $9,175 |
| 2023 | $641 | $10,525 | $1,350 | $9,175 |
| 2022 | $641 | $10,525 | $1,350 | $9,175 |
| 2021 | $649 | $10,525 | $1,350 | $9,175 |
| 2020 | $569 | $7,850 | $1,350 | $6,500 |
| 2019 | $569 | $7,850 | $1,350 | $6,500 |
| 2018 | $569 | $7,850 | $1,350 | $6,500 |
| 2017 | $323 | $7,850 | $1,350 | $6,500 |
| 2016 | $391 | $8,950 | $0 | $0 |
| 2014 | $391 | $8,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Wachob
Seller's Agent in 2026
James Wachob
Foundation Property Management
(901) 633-1484
9 in this area
607 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10203704
APN: 05-3044-0-0021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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