$51,000
SOLD AUG 1, 2025
3 Beds
1 Bath
1,400-1,599 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • 1 Fireplace
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of August 2025

Investors! Welcome to a lovely 3 Bed/1 Bath rental that is cash flowing at $660 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. Don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

Last Agent to Sell the Property

Trey McElroy

Sowell, Realtors License #375509 Listed on: 06/18/2025

Co-Listed By

Joshua Cooper

Sowell, Realtors License #331551

Last Buyer's Agent

Greer Goodwin

KAIZEN Realty, LLC License #331132

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x103
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,452 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Wm Morrison S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038010 00026

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WILLIAM MORRISON
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1452
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.14
  • Lot Size: 60X103
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 038010 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Aug 1, 2025
Sold by
Asrocha Tennessee Llc
Bought by
Tnmem 2 Llc
Seller's Agent
Trey McElroy
Sowell, Realtors
Buyer's Agent
Greer Goodwin
KAIZEN Realty, LLC
List Price
$52,395
Sold Price
$51,000
Premium/Discount to List
-$1,395
-2.66%
Views
4
Current Estimated Value
$55,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,824
Avg. Annual Appreciation
23.39%
Original Mortgage
$101,000
Outstanding Balance
$100,912
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$45,088

Purchase Details

Closed on
May 3, 2021
Sold by
Allen Ezell
Bought by
Asrocha Tennessee Llc

Purchase Details

Closed on
Feb 10, 2006
Sold by
Vision Properties Llc
Bought by
Allen Ezell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2005
Sold by
Vision Properties Llc
Bought by
Allen Exell

Purchase Details

Closed on
Aug 18, 2003
Sold by
Allen Ezell
Bought by
Visions Properties Llc

Purchase Details

Closed on
Feb 14, 2003
Sold by
Kapos Mary
Bought by
Allen Ezell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
9.75%
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

Date Type Sale Price Title Company
Warranty Deed $51,000 Erickson Title & Closing
Warranty Deed $33,500 Preferred Title & Escrow Ins
Quit Claim Deed -- Accurate Title & Escrow Inc
Quit Claim Deed -- Accurate Title & Escrow Inc
Quit Claim Deed -- --
Warranty Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,000 Credit Line Revolving
Previous Owner $52,800 Fannie Mae Freddie Mac
Previous Owner $46,800 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Sold $51,000 -2.7% $36 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $52,395 -- $37 / 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 $301 $15,975 $2,250 $13,725
2024 $301 $8,875 $1,125 $7,750
2023 $541 $8,875 $1,125 $7,750
2022 $541 $8,875 $1,125 $7,750
2021 $306 $8,875 $1,125 $7,750
2020 $525 $7,250 $1,125 $6,125
2019 $232 $7,250 $1,125 $6,125
2018 $232 $7,250 $1,125 $6,125
2017 $237 $7,250 $1,125 $6,125
2016 $328 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10199339

Memphis Area Association of REALTORS®

APN: 03-8010-0-0026