Strong BRRRR candidate in 38109. 4BR / 1.5BA property offering value-add potential through renovation. Sold AS-IS with no repairs. Rehab creates opportunity to force appreciation and stabilize rental income. Estimated ARV approximately $137K with projected rent near $1,300/month post-rehab. Ideal for investors focused on long-term hold or refinance exit. VIDEO AVAILABLE UPON REQUEST!
Sold for $60,000
$60,000
1051 Canary Ln, Memphis, TN 38109
4beds
1,420sqft
Single Family Residence
Built in 1970
6,098 Square Feet Lot
$131,800 Zestimate®
$42/sqft
$1,334 Estimated rent
Home value
$131,800
$113,000 - $146,000
$1,334/mo
Zestimate® history
Owner options
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$1,334/mo
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$1,334/mo
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$302/mo
Est. payment
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$302/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jordan A Ray,
eXp Realty, LLC,
Sean Cartwright,
eXp Realty, LLC
Bought with:
Jordan A Ray
eXp Realty, LLC
Sean Cartwright
eXp Realty, LLC
Source: MAAR,MLS#: 10212091
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Other (See Remarks)
Primary bedroom
- Features: Hardwood Floor, Walk-In Closet(s)
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Features: Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Bedroom 3
- Features: Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Bedroom 4
- Features: Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Dimensions: 0 x 0
Living room
- Features: Separate Living Room, Separate Den
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Vent Hood/Exhaust Fan, Other (See REMARKS)
Features
- All Bedrooms Down, Primary Down, Other (See Remarks), Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Other (See REMARKS), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Hardwood, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 1,420 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Sidewalks, Other (See REMARKS)
- Pool features: None
- Fencing: Chain Link,Chain Fence
Lot
- Size: 6,098 Square Feet
- Dimensions: 0.14
- Features: Level
Details
- Additional structures: Storage
- Parcel number: 082017 00061
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Iron Door(s), Dead Bolt Lock(s)
- Subdivision: Rolling Green Hills
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $97,800
- Annual tax amount: $1,289
- Price range: $60K - $60K
- Date on market: 1/4/2026
- Cumulative days on market: 5 days
- Listing terms: Other (See REMARKS)
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Sold | $60,000-20%$42/sqft |
Source:  MAAR #10212091 Report a problem | ||
| 1/8/2026 | Pending sale | $75,000$53/sqft |
Source: MAAR #10212091 Report a problem | ||
| 1/4/2026 | Listed for sale | $75,000$53/sqft |
Source: MAAR #10212091 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,289 +46.6% | $24,450 +83.1% |
| 2024 | $879 +8.1% | $13,350 |
| 2023 | $813 | $13,350 |
| 2022 | -- | $13,350 |
| 2021 | -- | $13,350 +19.2% |
| 2020 | $358 | $11,200 |
| 2019 | $358 -21.1% | $11,200 |
| 2018 | $454 -45.1% | $11,200 |
| 2017 | $827 +100.1% | $11,200 -7.8% |
| 2016 | $413 -14.4% | $12,150 |
| 2014 | $482 | $12,150 |
| 2013 | -- | $12,150 -19.7% |
| 2012 | -- | $15,125 |
| 2011 | -- | $15,125 |
| 2010 | -- | $15,125 |
| 2009 | -- | $15,125 +1.9% |
| 2008 | -- | $14,850 |
| 2007 | -- | $14,850 |
| 2006 | -- | $14,850 |
| 2005 | -- | $14,850 +22.7% |
| 2004 | -- | $12,100 |
| 2003 | -- | $12,100 |
| 2002 | -- | $12,100 |
| 2001 | -- | $12,100 +12.8% |
| 2000 | -- | $10,725 |
Find assessor info on the county website
Neighborhood: Coro Lake
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Ford Road Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 4/10Chickasaw Junior High SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Mitchell High SchoolGrades: 9-12Distance: 1.1 mi
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- Tennessee
- Shelby County
- Memphis
- 38109
- Coro Lake
- 1051 Canary Ln
