681 Parkrose Rd Memphis, TN 38109
Westwood Neighborhood
4
Beds
2
Baths
2,156
Sq Ft
10,019
Sq Ft Lot
Highlights
- Traditional Architecture
- Cooling Available
- Heating Available
- No HOA
About This Home
As of September 2025Turnkey 5-Property Portfolio – Fully Renovated & Cash Flowing! Exceptional investment opportunity! This income producing 5-property package is fully updated and tenant-occupied, with all tenants on Section 8 paying $1,850 per month per property, offering guaranteed rent and reliable long-term cash flow. Each home has been recently renovated and is well-maintained, making this a hassle-free, turnkey addition to any real estate portfolio. Perfect for investors seeking stable, consistent returns. Package; 910 Bramblewood, 2169 Mourfield, 878 W Marigold, 681 Parkrose, 1790 Wendy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,747
Year Built
- Built in 1964
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 70x144
Home Design
- Traditional Architecture
Interior Spaces
- Property has 3 Levels
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Westwood Downs Subdivision
Listing and Financial Details
- Tax Lot 56
- Assessor Parcel Number 075157 00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2025
Closed on
Sep 12, 2025
Sold by
Hutton Mark
Bought by
Rental General 1 Llc
List Price
$250,000
Sold Price
$224,000
Premium/Discount to List
-$26,000
-10.4%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,650
Avg. Annual Appreciation
4.37%
Original Mortgage
$179,200
Outstanding Balance
$179,200
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,450
Purchase Details
Listed on
Sep 12, 2025
Closed on
Jul 25, 2025
Sold by
Caradine Mallorie and Britton Rachel
Bought by
Hutton Mark
List Price
$250,000
Sold Price
$224,000
Premium/Discount to List
-$26,000
-10.4%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Outstanding Balance
$179,200
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,450
Purchase Details
Closed on
Mar 27, 2018
Sold by
County Of Shelby
Bought by
Hutton Adrienne P
Purchase Details
Closed on
Apr 30, 2002
Sold by
Patton Leo and Patton Christine
Bought by
Smith William and Smith Dionysia Richardson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,625
Interest Rate
10.4%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $224,000 | Saddle Creek Title | |
| Quit Claim Deed | -- | Saddle Creek Title | |
| Quit Claim Deed | $2,550 | None Available | |
| Warranty Deed | $72,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $179,200 | Credit Line Revolving | |
| Previous Owner | $61,625 | No Value Available | |
| Closed | $10,875 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $250,000 | +11.6% | $116 / Sq Ft |
| 09/12/2025 09/12/25 | Sold | $224,000 | -- | $104 / Sq Ft |
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
Source: Realtracs
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 | $899 | $42,025 | $2,525 | $39,500 |
| 2024 | $899 | $26,525 | $2,250 | $24,275 |
| 2023 | $1,616 | $26,525 | $2,250 | $24,275 |
| 2022 | $1,616 | $26,525 | $2,250 | $24,275 |
| 2021 | $915 | $26,525 | $2,250 | $24,275 |
| 2020 | $199 | $2,750 | $2,250 | $500 |
| 2019 | $88 | $2,750 | $2,250 | $500 |
| 2018 | $46 | $0 | $0 | $0 |
| 2017 | $74 | $2,250 | $2,250 | $0 |
| 2016 | $786 | $17,975 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3054829
APN: 07-5157-0-0003
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