$85,000
$15K PRICE DROP

4499 Range Line Rd Memphis, TN 38127

Frayser Neighborhood

Estimated payment $504/month

Total Views 2,813
3 Beds
1 Bath
1,000-1,199 Sq Ft
$71 Price per Sq Ft

Highlights

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

About This Home

Investment Property at 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.

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: 708333
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071061 00007

Map

Range of Values:

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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
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
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

Source: Memphis Area Association of REALTORS®

MLS Number: 10199286

Memphis Area Association of REALTORS®

APN: 07-1061-0-0007

Tennessee Shelby County Memphis 38127 Frayser

4499 Range Line Rd, Memphis, TN

This home is located at 4499 Range Line Rd, Memphis, TN 38127 and is currently priced at $85,000, approximately $70 per square foot. This property was built in 1960. 4499 Range Line Rd is a home located in Shelby County with nearby schools including Hawkins Mill Elementary School, Georgian Hills Middle School, and Trezevant High School.

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Jeremy Veldman
Listing Agent
Jeremy Veldman
Section Image
KAIZEN Realty, LLC
(901) 221-4041