721 Inez St Memphis, TN 38111
Orange Mound NeighborhoodEstimated payment $930/month
Highlights
- Updated Kitchen
- Attic
- Den
- Traditional Architecture
- Great Room
- Eat-In Kitchen
About This Home
INVESTOR'S DREAM! Tenant occupied for $1650 per month, lease expires 4/2027. The property is professionally managed. Newly renovated bungalow featuring 3 bedrooms and 2 full bathrooms. This home offers modern updates including accent walls, recessed lighting, and beautifully tiled bathrooms. The property also includes a detached garage and a fenced backyard, perfect for added privacy and outdoor enjoyment. Conveniently located 15 minutes from Downtown Memphis and 9 minutes from Midtown Memphis. Situated within the Arrow Academy of Excellence Elementary, Sherwood Middle School, and Melrose High School districts.
Home Details
Home Type
- Single Family
Year Built
- Built in 1922
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- Chain Link Fence
- Few Trees
Home Design
- Traditional Architecture
- Bungalow
- Brick Veneer
Interior Spaces
- 1,305 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Window Treatments
- Great Room
- Den
- Attic Access Panel
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Driveway
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- C M Jacobson Subdivision
Listing and Financial Details
- Assessor Parcel Number 045033 00008
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 | $340 | $14,900 | $1,625 | $13,275 |
| 2024 | $340 | $10,025 | $750 | $9,275 |
| 2023 | $611 | $10,025 | $750 | $9,275 |
| 2022 | $611 | $10,025 | $750 | $9,275 |
| 2021 | $618 | $10,025 | $750 | $9,275 |
| 2020 | $679 | $9,375 | $750 | $8,625 |
| 2019 | $679 | $9,375 | $750 | $8,625 |
| 2018 | $679 | $9,375 | $750 | $8,625 |
| 2017 | $385 | $9,375 | $750 | $8,625 |
| 2016 | $420 | $9,600 | $0 | $0 |
| 2014 | $420 | $9,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $170,000 | +198.2% | $130 / Sq Ft | |
| 12/08/2025 12/08/25 | Sold | $57,000 | -3.4% | $48 / Sq Ft | View Prior Sale |
| 11/11/2025 11/11/25 | Pending | -- | -- | -- | |
| 11/04/2025 11/04/25 | For Sale | $59,000 | 0.0% | $49 / Sq Ft | |
| 06/25/2025 06/25/25 | Pending | -- | -- | -- | |
| 06/11/2025 06/11/25 | For Sale | $59,000 | -- | $49 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $57,000 | None Listed On Document | |
| Trustee Deed | $27,800 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $132,000 | Credit Line Revolving |
Source: Memphis Area Association of REALTORS®
MLS Number: 10220408
APN: 04-5033-0-0008
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