4499 Range Line Rd Memphis, TN 38127
Frayser NeighborhoodEstimated payment $499/month
Highlights
- Traditional Architecture
- Patio
- Partially Carpeted
- Eat-In Kitchen
- Central Heating and Cooling System
- Level Lot
About This Home
Investment Property better than the 1% Rule! Well-maintained 3-bedroom, 1-bathroom home 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. No wholesale, seller, or creative financing offers.
Home Details
Home Type
- Single Family
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
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2025 09/16/25 | Price Changed | $85,000 | -5.5% | $85 / Sq Ft | |
| 08/08/2025 08/08/25 | Price Changed | $89,900 | -10.0% | $90 / Sq Ft | |
| 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 | View Prior Sale |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $40,000 | Saddle Creek Title Llc | |
| Warranty Deed | $20,500 | Preferred Title & Escrow Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,000 | Commercial |
Source: Memphis Area Association of REALTORS®
MLS Number: 10199286
APN: 07-1061-0-0007
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