4224 Arrowhead Rd Memphis, TN 38118
Parkway Village NeighborhoodEstimated payment $707/month
About This Home
Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Home Details
Home Type
- Single Family
Year Built
- Built in 1967
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 60x120
Parking
- 1 Parking Space
Interior Spaces
- 979 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Community Details
- Colony Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 073022 C00012
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 | -- | $25,850 | $4,075 | $21,775 |
| 2024 | -- | $17,325 | $3,000 | $14,325 |
| 2023 | $1,055 | $17,325 | $3,000 | $14,325 |
| 2022 | $1,055 | $17,325 | $3,000 | $14,325 |
| 2021 | $1,068 | $17,325 | $3,000 | $14,325 |
| 2020 | $944 | $13,025 | $3,000 | $10,025 |
| 2019 | $416 | $13,025 | $3,000 | $10,025 |
| 2018 | $416 | $13,025 | $3,000 | $10,025 |
| 2017 | $426 | $13,025 | $3,000 | $10,025 |
| 2016 | $578 | $13,225 | $0 | $0 |
| 2014 | $578 | $13,225 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2026 02/24/26 | For Sale | $114,900 | +58.5% | $117 / Sq Ft | |
| 07/07/2023 07/07/23 | Sold | $72,500 | +0.3% | $725 / Sq Ft | View Prior Sale |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- | |
| 07/07/2023 07/07/23 | For Sale | $72,250 | +183.3% | $723 / Sq Ft | |
| 10/16/2015 10/16/15 | Sold | $25,500 | -26.9% | $26 / Sq Ft | View Prior Sale |
| 09/11/2015 09/11/15 | Pending | -- | -- | -- | |
| 03/12/2015 03/12/15 | For Sale | $34,900 | -- | $35 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $72,500 | Local Title | |
| Warranty Deed | $56,457 | Saddle Creek Title Llc | |
| Warranty Deed | $33,500 | Saddle Creek Title Llc | |
| Warranty Deed | $25,500 | Saddle Creek Title Llc | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $5,594 | None Available | |
| Warranty Deed | $47,000 | Saddle Creek Title Llc | |
| Special Warranty Deed | $15,500 | Multiple | |
| Trustee Deed | $52,163 | None Available | |
| Special Warranty Deed | $45,000 | -- | |
| Trustee Deed | $1,199 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,500 | Purchase Money Mortgage |
Source: Memphis Area Association of REALTORS®
MLS Number: 10215308
APN: 07-3022-C0-0012
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