$168,000
SOLD JUL 30, 2025
3 Beds
2 Baths
2,692 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

16% Below List Price

6 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Some Wood Windows
  • Partially Carpeted

About This Home

As of July 2025

Duplex investment opportunity! This professionally and locally managed property brings in a total of $1,890/mo in rent. On side is leased at $995 through 8/31/2025 while the other rents for $895 on a month-to-month basis. A solid income-producing asset with built-in flexibility.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 05/21/2025

Foundation Property Management

Last Buyer's Agent

Tony Jackson

Weichert REALTOR-SPM License #351052

Weichert REALTOR-SPM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 1974

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Partially Carpeted

Utilities

  • Central Heating and Cooling System

Community Details

  • Heritage Colony 1St Addn Rev Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 F00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$887

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 5566
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK C
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 62.41
  • Estimated Sq Ft: 2692
  • Year Built: 1974
  • List Price/ Sq Ft: 74
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Carpet

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 407
  • Acreage: 0.22
  • Lot Size: 75X130
  • Price Per Acre: 909091

Tax Info

  • Assessor Parcel Number: 093417 F00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Jul 30, 2025
Sold by
Michele M Randazzo Trust and Randazzo Michele M
Bought by
Island Home Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Tony Jackson
Weichert REALTOR-SPM
List Price
$200,000
Sold Price
$168,000
Premium/Discount to List
-$32,000
-16%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
194.58%
Original Mortgage
$134,400
Outstanding Balance
$134,400
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
$52,767

Purchase Details

Listed on
May 1, 2017
Closed on
Sep 28, 2017
Sold by
Jbj Properties Llc
Bought by
Randazzo Michele M and Michele M Randazzo Trust
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$99,000
Sold Price
$99,500
Premium/Discount to List
$500
0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$74,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Fleming Charles and Moore Aubrey E
Bought by
Jbj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2017
Sold by
Skywoods Property Llc
Bought by
Moore Aubrey E and Charles Charles

Purchase Details

Closed on
Nov 15, 2013
Sold by
Southwest Property Partners Llc
Bought by
Skywoods Property Llc

Purchase Details

Listed on
Jul 29, 2013
Closed on
Sep 12, 2013
Sold by
Shelby Holdings Llc
Bought by
Southwest Property Partners Llc
Seller's Agent
Stacy Lewis
The Restivo Group, REALTORS
Buyer's Agent
Linda Woods Bell
KAIZEN Realty, LLC
List Price
$45,900
Sold Price
$30,000
Premium/Discount to List
-$15,900
-34.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%

Purchase Details

Listed on
Jul 29, 2013
Closed on
Sep 9, 2013
Sold by
Shelby Holdings Llc
Bought by
Tennessee Investment Properties
Seller's Agent
Stacy Lewis
The Restivo Group, REALTORS
Buyer's Agent
Linda Woods Bell
KAIZEN Realty, LLC
List Price
$45,900
Sold Price
$30,000
Premium/Discount to List
-$15,900
-34.64%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Cole Michael J and Cole Natasha
Bought by
Shelby Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2000
Sold by
Aames Capital Corp
Bought by
Wilson Ramey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,350
Interest Rate
7.92%

Purchase Details

Closed on
Nov 18, 1999
Sold by
Brown Dwan A and Brown Venesia
Bought by
Aames Capital Corp
Source: Public Records

Similar Homes in Memphis, TN

  • 4121 Starwood Dr, Memphis, TN 38115

    $206,200

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 4121 Starwood Dr
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Ridgeway East subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 6387 Bent Oak Ln, Memphis, TN 38115

    $202,000

    • 3 Beds
    • 2 Baths
    • 2,000+ Sq Ft
    • 6387 Bent Oak Ln
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Ridgeway Estates neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 6080 Scarlet Leaf Dr, Memphis, TN 38141

    $189,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 6080 Scarlet Leaf Dr
    • Memphis, TN

    Adorable A FRAME! Vaulted smooth ceilings, new windows throughout, NEW ROOF! 3 bedrooms, 2 full baths that are fully renovated. Main bedroom has a sliding glass door to the fully fenced backyard. Lighting package with unique chandeliers, deep black farmhouse sink with marble granite countertops. New stainless-steel appliances. The home has been fully painted both inside and out. The driveway has

    Chasity Blackburn Blackburn & Co

    Section Image
  • 4864 Cloister Ave, Memphis, TN 38118

    $183,800

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 4864 Cloister Ave
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Winchester Gardens neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 3274 Gaylord Ln, Memphis, TN 38118

    $195,000

    • 4 Beds
    • 3 Baths
    • 1,800+ Sq Ft
    • 3274 Gaylord Ln
    • Memphis, TN

    A Memphis gem with flexible living and timeless charm. This spacious 4-bedroom, 3-bath Memphis home is move-in ready and waiting for new energy. Newly refinished hardwood floors, fresh paint throughout, and a brand-new dishwasher, this property blends charm with modern updates. The plumbing has already been replaced (to the street), offering peace of mind for years to come. Enjoy a flexible

    Sherry Harbur Harbur Realty

    Section Image
  • 3339 S Perkins Rd, Memphis, TN 38118

    $190,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 3339 S Perkins Rd
    • Memphis, TN

    Call your favorite Real Estate Agent now and schedule an appointment to tour this lovely home! 3 bedrooms, 2 bathrooms, spacious kitchen with dining area. Separate Laundry Room. Beautiful pool. Private backyard for relaxing. Seller requests only pre approved buyers tour the home. Llame su Agente de Bienes Raices favorito y programar una cita a ver esta casa. 3 dormitorios, 2 banos, amplia

    Monica Mauricio REMAX Experts

    Section Image
  • 6541 Ivy Meadows Dr, Memphis, TN 38115

    $168,750

    • 4 Beds
    • 2 Baths
    • 2,200+ Sq Ft
    • 6541 Ivy Meadows Dr
    • Memphis, TN

    Investors Preferred! Do not disturb occupant! Sellers mother lives in the home, it is not a rental. She will relocate at closing. 4BR/2BA with attached 2-car rear carport on a quiet street. Features include a spacious 21x17 den, 2 fireplaces, tile in living & dining rooms, kitchen with eating area, & a large primary bedroom with hardwood floors & private access to the back patio. Partial wood

    Glenn McDonald Integrated Assets

    Section Image
  • 3118 Arrendale St, Memphis, TN 38118

    $214,400

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 3118 Arrendale St
    • Memphis, TN

    New Construction Alert! Three bedrooms, two baths, and not a single ghost—because this beauty is brand Shankin new!!! Centrally located in beautiful 38118.. This home is so fresh, even the walls still smell like optimism. Modern finishes, spacious rooms to name a few. Come tour before someone else falls in love it. Schedule to see it today!!

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 6842 Rockbrook Dr, Memphis, TN 38141

    $215,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 6842 Rockbrook Dr
    • Memphis, TN

    Great 3BR/2BA home in Southeast Memphis! Freshly updated with modern finishes, spacious living areas, and a large backyard. Perfect for a homeowner looking for move-in ready comfort or an investor seeking strong rental potential. Convenient location near schools, shopping, and dining.

    Blake Clothier Premier Realty Group, LLC

    Section Image

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 On Point Title
Warranty Deed $99,000 Delta Title Services Llc
Warranty Deed $34,500 Delta Title Services Llc
Warranty Deed $32,000 Delta Title Services Llc
Warranty Deed $70,500 None Available
Warranty Deed $16,500 None Available
Quit Claim Deed -- None Available
Trustee Deed $17,001 None Available
Warranty Deed $88,000 --
Warranty Deed $61,900 --
Trustee Deed $119,229 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $134,400 Credit Line Revolving
Previous Owner $74,250 New Conventional
Previous Owner $60,000 Unknown
Previous Owner $79,200 Fannie Mae Freddie Mac
Previous Owner $55,350 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $168,000 -16.0% $62 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $200,000 +101.0% $74 / Sq Ft
09/29/2017 09/29/17 Sold $99,500 +0.5% $37 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $99,000 +230.0% $37 / Sq Ft
09/13/2013 09/13/13 Sold $30,000 -34.6% $11 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $45,900 -- $17 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

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 $887 $62,880 $8,600 $54,280
2024 $887 $26,160 $5,400 $20,760
2023 $1,594 $26,160 $5,400 $20,760
2022 $1,594 $26,160 $5,400 $20,760
2021 $1,612 $26,160 $5,400 $20,760
2020 $1,910 $26,360 $5,400 $20,960
2019 $1,910 $26,360 $5,400 $20,960
2018 $1,910 $26,360 $5,400 $20,960
2017 $1,083 $26,360 $5,400 $20,960
2016 $1,220 $27,920 $0 $0
2014 $1,220 $27,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10197211

Memphis Area Association of REALTORS®

APN: 09-3417-F0-0029