$65,000
SOLD AUG 29, 2025

691 Hillcrest St Memphis, TN 38112

Binghampton Neighborhood
2 Beds
1 Bath
1,200-1,399 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

13% Below List Price

10 Days on Market

Highlights

  • Updated Kitchen
  • Attic
  • Bonus Room
  • Wood Flooring
  • 1 Fireplace
  • Den

About This Home

As of August 2025

Investor opportunity in the heart of Memphis! This charming 2-bedroom, 1-bath single-family home features 1,230 sq ft of living space on a 0.17-acre lot with hardwood and tile floors throughout. Recent upgrades include a brand-new central A/C system and coil, some LED lights, interior paint updates, and a new roof, offering peace of mind and reduced capital expenses. The property is currently tenant-occupied with a long-term resident of 9 years on a month-to-month lease, paying $750/month with market rent potential around $900/month. This is a low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. There are many updated/ complete rehab homes in the area that have helped establish a strong rental market. Long-term tenant of 9 years, please do not disturb.

Last Agent to Sell the Property

Heath Gooch

STIXNBRIX License #273330 Listed on: 07/21/2025

Last Buyer's Agent

Christian Townsend

KAIZEN Realty, LLC License #345292

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $276

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,230 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038012 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$276

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Summer Ave
  • MLS Map #: 751A
  • MAAR Subdivision Name: HILLCREST
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.85
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1230
  • Year Built: 1922
  • List Price/ Sq Ft: 61
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl/Luxury Vinyl Floor, Textured Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room, Attic
  • Total Bathrooms: 1
  • Primary Bathroom Description: 2192
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Wood Fence, Chain Fence
  • Exterior Windows: Wood/Composition, Double Pane Window(s), 2201
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced, Chain Fenced
  • Lot Number: 77
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 441176
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 038012 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2025
Closed on
Aug 29, 2025
Sold by
Adams Scott Thomas
Bought by
Tnmem 1 Llc
Seller's Agent
Heath Gooch
STIXNBRIX
Buyer's Agent
Christian Townsend
KAIZEN Realty, LLC
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.42%
Original Mortgage
$125,000
Outstanding Balance
$125,000
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$56,056

Purchase Details

Closed on
Jun 26, 2025
Sold by
Chapuis Charles Aron
Bought by
Adams Scott Thomas

Purchase Details

Closed on
Jul 11, 2014
Sold by
Peeper Bette S
Bought by
Chapuis Chuck

Purchase Details

Closed on
Jun 26, 2001
Sold by
Peeper Coy
Bought by
Peeper Coy and Peeper Bette
Source: Public Records

Range of Values:

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Sold Price
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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 $65,000 Southern Trust Title Company
Warranty Deed $32,000 Southern Trust Title Company
Warranty Deed $4,000 Fntg
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $65,000 -13.3% $54 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $75,000 -- $63 / 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 $276 $13,450 $2,250 $11,200
2024 -- $8,150 $1,125 $7,025
2023 $496 $8,150 $1,125 $7,025
2022 $496 $8,150 $1,125 $7,025
2021 $502 $8,150 $1,125 $7,025
2020 $513 $7,075 $1,125 $5,950
2019 $513 $7,075 $1,125 $5,950
2018 $513 $7,075 $1,125 $5,950
2017 $291 $7,075 $1,125 $5,950
2016 $315 $7,200 $0 $0
2014 $315 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Heath Gooch

    STIXNBRIX

    Section Image
  • Christian Townsend

    Buyer's Agent in 2025

    Christian Townsend

    KAIZEN Realty, LLC

    (901) 870-7077

    8 in this area

    121 Total Sales

    Christian Townsend
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10201731

Memphis Area Association of REALTORS®

APN: 03-8012-0-0006

Tennessee Shelby County Memphis 38112 Binghampton

691 Hillcrest St, Memphis, TN

This home is located at 691 Hillcrest St, Memphis, TN 38112 and is currently priced at $65,000, approximately $46 per square foot. This property was built in 1922. 691 Hillcrest St is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Douglass High School.

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