NOT LISTED FOR SALE

725 E Mckellar Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $72,000 - $89,277

3 Beds
1 Bath
1,366 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2025

Last sale price $75,000 $55 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $493 / mo

109 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2025

Investor Opportunity! Add this 3-bedroom, 1-bath property accompanied with a bonus room in the 38106 zip code to your portfolio today. Located in a neighborhood with rental demand, this home is a great option for buy-and-hold investors or a potential fix-and-flip. Property features a spacious layout and a good-sized lot, offering plenty of value-add opportunities. Conveniently situated near schools, shopping, and major transportation routes. With some renovations, this property has great income-generating potential. Don't wait—schedule your showing before it’s gone!

Last Agent to Sell the Property

Courtney Clark

Keller Williams License #378920 Listed on: 12/12/2024

Keller Williams

Last Buyer's Agent

Courtney Clark

Keller Williams License #378920 Listed on: 12/12/2024

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stone Exterior Construction

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Colemans Mckellar Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049052 00005

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLEMANS MCKELLAR AVE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1366
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Exterior Windows: Stone

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 6
  • Acreage: 0.2
  • Lot Size: 60X150
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 049052 00005

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Apr 23, 2025
Sold by
Bought by
Seller's Agent
Courtney Clark
Keller Williams
Buyer's Agent
Courtney Clark
Keller Williams
List Price
$126,000
Sold Price
$75,000
Premium/Discount to List
-$51,000
-40.48%
Views
48
Current Estimated Value
$83,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,069
Avg. Annual Appreciation
8.89%
Original Mortgage
$63,750
Outstanding Balance
$63,467
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$19,602

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 29, 2022
Sold by
Bought by
List Price
$115,000
Sold Price
$90,500
Premium/Discount to List
-$24,500
-21.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.82%

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 19, 2022
Sold by
Bought by
List Price
$115,000
Sold Price
$90,500
Premium/Discount to List
-$24,500
-21.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$75,000 None Listed On Document
$90,500 --
$97,220 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $63,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2025 04/23/25 Sold $75,000 -21.1% $55 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/26/2025 03/26/25 Price Changed $95,000 -5.0% $70 / Sq Ft
03/14/2025 03/14/25 Price Changed $100,000 -4.8% $73 / Sq Ft
02/21/2025 02/21/25 Price Changed $105,000 -4.5% $77 / Sq Ft
02/01/2025 02/01/25 Price Changed $110,000 -8.3% $81 / Sq Ft
01/08/2025 01/08/25 Price Changed $120,000 -4.8% $88 / Sq Ft
12/12/2024 12/12/24 For Sale $126,000 +39.2% $92 / Sq Ft
08/26/2022 08/26/22 Sold $90,500 -21.3% $66 / Sq Ft View Prior Sale
08/26/2022 08/26/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $115,000 -- $84 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $562 $20,875 $2,000 $18,875
2024 $408 $12,025 $1,000 $11,025
2023 $733 $12,025 $1,000 $11,025
2022 $422 $6,925 $1,000 $5,925
2021 $427 $6,925 $1,000 $5,925
2020 $473 $6,525 $1,000 $5,525
2019 $209 $6,525 $1,000 $5,525
2018 $209 $6,525 $1,000 $5,525
2017 $213 $6,525 $1,000 $5,525
2016 $477 $10,925 $0 $0
2014 $477 $10,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Courtney Clark

    Seller's Agent in 2025

    Courtney Clark

    Keller Williams

    (901) 488-0127

    3 in this area

    18 Total Sales

    Courtney Clark
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186598

Memphis Area Association of REALTORS®

APN: 04-9052-0-0005

Tennessee Shelby County Memphis 38106 South Memphis

725 E Mckellar Ave, Memphis, TN

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