$99,900

Estimated payment $607/month

Total Views 2,165
3 Beds
1 Bath
1,000-1,199 Sq Ft
$83 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Patio
  • Partially Carpeted
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Level Lot

About This Home

Investor Opportunity! This well-maintained 3-bedroom, 1-bathroom home is currently leased to a reliable long-term tenant at $895/month, with a renewed lease in place through May 2026. The property underwent a full renovation in 2022, and a new water heater was installed in 2024. Professionally managed, with maintenance records and tenant ledger available upon request. Please do not disturb the tenant.

Listing Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 06/18/2025

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $661

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,035 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Ridgegrove B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071061 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$661

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725B
  • MAAR Subdivision Name: RIDGEGROVE BLK B
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1035
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Parking Display: N0D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 343
  • Acreage: 0.12
  • Lot Size: 50X110
  • Price Per Acre: 832500
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071061 00007

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $661 $29,275 $1,375 $27,900
2024 $661 $19,500 $1,250 $18,250
2023 $1,188 $19,500 $1,250 $18,250
2022 $656 $10,775 $1,250 $9,525
2021 $292 $10,775 $1,250 $9,525
2020 $585 $8,075 $1,250 $6,825
2019 $258 $8,075 $1,250 $6,825
2018 $258 $8,075 $1,250 $6,825
2017 $264 $8,075 $1,250 $6,825
2016 $365 $8,350 $0 $0
2014 $365 $8,350 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $99,900 +5.2% $100 / Sq Ft
03/31/2022 03/31/22 Sold $95,000 -5.0% $95 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/09/2022 02/09/22 Price Changed $100,000 -9.1% $100 / Sq Ft
01/27/2022 01/27/22 For Sale $110,000 +15.8% $110 / Sq Ft
01/26/2022 01/26/22 Off Market $95,000 -- --
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 Saddle Creek Title Llc
Warranty Deed $20,500 Preferred Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Commercial
Source: Public Records

Similar Homes in Memphis, TN

  • 2531 Redvers Ave, Memphis, TN 38127

    $109,000

    • 3 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 2531 Redvers Ave
    • Memphis, TN

    AS IS SALE-Great for Investor/Rental. Property has Fresh Interior Paint and New Flooring. Home has 3 Bedrooms and 2 Full Baths, Kitchen Great Room and Laundry Room with Spacious Front/Backyard. CASH ONLY, Cash Buyers Must Show Proof of Funds. Sorry No Wholesalers or Creative Financing. Seller prefers a Quick Close!!! Seller will Not Turn On Utilities for Inspections. Buyer Must turn on

    Tara Woodley Zach Taylor Real Estate

    Section Image
  • 2606 Wellons Ave, Memphis, TN 38127

    $116,000

    • 3 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft
    • 2606 Wellons Ave
    • Memphis, TN

    AS IS Sale-Great Opportunity to Rent as Investment. Property has a Spacious Living/Dining Room Combo, Laundry Room, New Flooring, 3 bedrooms, 1 Full Bath and 1/2 bath and a Deck on the back. CASH ONLY. Cash Buyers must show Proof of Funds. Sorry No Wholesalers or Creative Financing will be Accepted. New Paint and New Flooring. Seller also Selling 2531 Redvers, 38127. Seller will not Turn on

    Tara Woodley Zach Taylor Real Estate

    Section Image
  • 3593 Holland Dr, Memphis, TN 38127

    $91,500

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 3593 Holland Dr
    • Memphis, TN

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $900/mo. Professionally managed. Lease expires on 10/31/25

    Caleb Hall Keller Williams

    Section Image
  • 980 N Circle Rd, Memphis, TN 38127

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,434 Sq Ft
    • 980 N Circle Rd
    • Memphis, TN

    Charming One-Level Brick Home in Cedarwood Subdivision!Welcome to this well-maintained 3-bedroom, 1-bath home nestled in the quiet Cedarwood neighborhood of Northaven. Freshly painted throughout and move-in ready, this home offers the ease of single-level living with a spacious, functional layout.Enjoy two separate living areas—perfect for entertaining or relaxing—and a dedicated

    Amy McLemore Total Realty Source

    Section Image
  • 1116 Carrolton Ave, Memphis, TN 38127

    $95,000

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 1116 Carrolton Ave
    • Memphis, TN

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $700/mo. Professionally managed. Lease expires on 6/30/25

    Caleb Hall Keller Williams

    Section Image
  • 1045 Carrolton Ave, Memphis, TN 38127

    $92,500

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 1045 Carrolton Ave
    • Memphis, TN

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 4/4/26

    Caleb Hall Keller Williams

    Section Image
  • 1030 Floyd Ave, Memphis, TN 38127

    $103,750

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 1030 Floyd Ave
    • Memphis, TN

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $950/mo. Professionally managed. Lease expires on 1/30/26

    Caleb Hall Keller Williams

    Section Image
  • 2775 Windsor Pkwy, Memphis, TN 38127

    $98,000

    • 3 Beds
    • 1 Bath
    • 886 Sq Ft
    • 2775 Windsor Pkwy
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,475 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image

Source: Memphis Area Association of REALTORS®

MLS Number: 10199286

Memphis Area Association of REALTORS®

APN: 07-1061-0-0007