Closed

$65,000

1027 Mount Vernon Rd, Memphis, TN 38111

2beds

1,123sqft

Single Family Residence, Residential

Built in 1948

9,147 Square Feet Lot

$98,400 Zestimate^®

$58/sqft

$1,308 Estimated rent

Home value

$98,400

$80,000 - $118,000

$1,308/mo

Zestimate^® history

Owner options

List your home for rent

$1,308/mo

Rent Zestimate^®

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$1,308/mo

Rent Zestimate^®

Refinance and save

$327/mo

Est. payment

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$327/mo

Est. payment

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What's special

Calling all Investors. Great opportunity for a flip or buy and hold. Easy to show. Great layout and large lot size, perfect for someone looking for a rental property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Features

Pantry
Flooring: Wood
Basement: Other

Interior area

Total structure area: 1,123
Total interior livable area: 1,123 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1

Lot

Size: 9,147 Square Feet
Dimensions: 60 x 158

Details

Parcel number: 059081 00008
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Available, Cable Connected

Community & HOA

Community

Subdivision: Park Grove 1st,2nd,3rd&4th

HOA

Has HOA: No
Amenities included: Sidewalks

Location

Region: Memphis

Financial & listing details

Price per square foot: $58/sqft
Tax assessed value: $136,100
Annual tax amount: $744
Date on market: 10/18/2025

Price history

Date	Event	Price
9/15/2024	Listing removed	$1,295$1/sqft
Source: Zillow Rentals Report a problem
9/14/2024	Listed for rent	$1,295+99.2%$1/sqft
Source: Zillow Rentals Report a problem
6/15/2024	Sold	$65,000-27%$58/sqft
Source: RealTracs MLS as distributed by MLS GRID #3020544 Report a problem
5/21/2024	Listed for sale	$89,000+122.5%$79/sqft
Source: MAAR #10172826 Report a problem
3/13/2019	Listing removed	$650$1/sqft
Source: KAIZEN Realty LLC Report a problem
2/26/2019	Listed for rent	$650$1/sqft
Source: KAIZEN Realty LLC Report a problem
11/14/2017	Listing removed	$650$1/sqft
Source: KAIZEN Realty Report a problem
9/28/2017	Listed for rent	$650$1/sqft
Source: KAIZEN Realty Report a problem
12/1/2016	Sold	$40,000-11%$36/sqft
Source: MAAR #9989767 Report a problem
11/1/2016	Listed for sale	$44,920$40/sqft
Source: The Peyton Co., Inc., REALTORS #9989767 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,793 +123.2%	$34,025 +178.9%
2024	$803 +8.1%	$12,200
2023	$743	$12,200
2022	--	$12,200
2021	--	$12,200 +21.7%
2020	$320	$10,025
2019	$320 -21.1%	$10,025
2018	$406 -45.1%	$10,025
2017	$740 +119.8%	$10,025 +1.3%
2016	$337 -18%	$9,900
2014	$411	$9,900
2013	--	$9,900 -23.1%
2012	--	$12,875
2011	--	$12,875
2010	--	$12,875
2009	--	$12,875 -1%
2008	--	$13,000
2007	--	$13,000
2006	--	$13,000
2005	--	$13,000 -0.8%
2004	--	$13,100
2003	--	$13,100
2002	--	$13,100
2001	--	$13,100 +14.2%
2000	--	$11,475