488 Laclede Ave Memphis, TN 38126
South Memphis NeighborhoodEstimated payment $934/month
Highlights
- Efficiency Studio
- Laundry Facilities
- Vinyl Flooring
- Central Heating and Cooling System
About This Home
Well kept and effecient 10 bedroom rooming house. Currently vacant but sellers have tenants on stand by.
Listing Agent
C21 Patterson & Assoc. Real Es License #345922 Listed on: 09/28/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 75x190
Parking
- Paved Parking
Home Design
- Pitched Roof
- Shingle Roof
Interior Spaces
- 3,301 Sq Ft Home
- 2-Story Property
- Efficiency Studio
- Vinyl Flooring
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 025028 00038
Community Details
Overview
- 10 Units
- Washington Hts Blk 1 Subdivision
Amenities
- Laundry Facilities
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 | -- | $43,400 | $1,925 | $41,475 |
| 2024 | $344 | $10,150 | $875 | $9,275 |
| 2023 | $618 | $10,150 | $875 | $9,275 |
| 2022 | $618 | $10,150 | $875 | $9,275 |
| 2021 | $311 | $5,050 | $875 | $4,175 |
| 2020 | $65 | $900 | $875 | $25 |
| 2019 | $29 | $900 | $875 | $25 |
| 2018 | $29 | $900 | $875 | $25 |
| 2017 | $29 | $900 | $875 | $25 |
| 2016 | $303 | $6,925 | $0 | $0 |
| 2014 | $303 | $6,925 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | Price Changed | $172,000 | -9.0% | $52 / Sq Ft | |
| 10/02/2025 10/02/25 | Price Changed | $189,000 | +2.2% | $59 / Sq Ft | |
| 09/28/2025 09/28/25 | For Sale | $185,000 | -6.1% | $56 / Sq Ft | |
| 07/31/2025 07/31/25 | For Sale | $197,000 | +4.2% | $62 / Sq Ft | |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- | |
| 09/20/2024 09/20/24 | For Sale | $189,000 | +1011.8% | $59 / Sq Ft | |
| 09/11/2019 09/11/19 | Sold | $17,000 | -5.6% | $5 / Sq Ft | View Prior Sale |
| 08/28/2019 08/28/19 | Pending | -- | -- | -- | |
| 08/22/2019 08/22/19 | For Sale | $18,000 | -- | $6 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $172,000 | Archway Title | |
| Warranty Deed | $17,000 | Sure Title Company | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $137,000 | Seller Take Back |
Source: Memphis Area Association of REALTORS®
MLS Number: 10206608
APN: 02-5028-0-0038
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