Closed

Zestimate^®

$110,000

1162 Elkwood Cv, Memphis, TN 38111

3beds

1,482sqft

Single Family Residence, Residential

Built in 1959

9,147 Square Feet Lot

$110,000 Zestimate^®

$74/sqft

$1,498 Estimated rent

Home value

$110,000

$105,000 - $116,000

$1,498/mo

Zestimate^® history

Owner options

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$1,498/mo

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$1,498/mo

Rent Zestimate^®

Refinance and save

$553/mo

Est. payment

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$553/mo

Est. payment

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What's special

GREAT INVESTMENT PROPERTY!! Home for sale in the desirable area in 38111 just south of University of Memphis campus! Opportunities like this are rare, and this is your moment to seize a promising investment property with lots of potential and ready for your creative touch. Whether you are an experienced investor looking to expand your portfolio or a visionary seeking your first project, this property offers the perfect canvas to realize your ambitions.. Don't miss this fantastic opportunity to make this home your own. With a little TLC, this property has incredible potential. Featuring 3 bedrooms and 1.5 baths. Closed in garage. Showings with BrokerBay. Home will not qualify for FHA/VA-SOLD AS IS seller WILL NOT make repairs- No Wholesalers or Assignments Offers!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Laundry: Washer Hookup

Features

Flooring: Laminate, Tile

Interior area

Total structure area: 1,482
Total interior livable area: 1,482 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Patio & porch: Patio

Lot

Size: 9,147 Square Feet
Dimensions: 70 x 136

Details

Parcel number: 058040 00029
Special conditions: Standard

Construction

Type & style

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

Condition

New construction: No
Year built: 1959

Utilities & green energy

Green energy

Energy efficient items: Doors

Community & HOA

Community

Subdivision: Sherwood Forest Re S/D Of Sherwood Fo

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $122,400
Annual tax amount: $1,613
Date on market: 5/12/2026

Price history

Date	Event	Price
6/11/2026	Sold	$110,000-8.3%$74/sqft
Source: RealTracs MLS as distributed by MLS GRID #3239635 Report a problem
5/24/2026	Pending sale	$120,000$81/sqft
Source: MAAR #10221418 Report a problem
5/13/2026	Listed for sale	$120,000+138.9%$81/sqft
Source: MAAR #10221418 Report a problem
1/6/2009	Sold	$50,235-16.3%$34/sqft
Source: Public Record Report a problem
8/21/2000	Sold	$60,000$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,613 +16.2%	$30,600 +45.2%
2024	$1,388 +8.1%	$21,075
2023	$1,284	$21,075
2022	--	$21,075
2021	--	$21,075 +31.3%
2020	$513	$16,050
2019	$513 -21.1%	$16,050
2018	$650 -45.1%	$16,050
2017	$1,185 +130.4%	$16,050 +6.1%
2016	$514 -18%	$15,125
2014	$627	$15,125
2013	--	$15,125 -23.1%
2012	--	$19,675
2011	--	$19,675
2010	--	$19,675
2009	--	$19,675 +7.2%
2008	--	$18,350
2007	--	$18,350
2006	--	$18,350
2005	--	$18,350 +12.1%
2004	--	$16,375
2003	--	$16,375
2002	--	$16,375
2001	--	$16,375 +16.3%
2000	--	$14,075