Closed

$123,000

1260 Carolyn Dr, Memphis, TN 38111

3beds

1,120sqft

Single Family Residence, Residential

Built in 1955

4,791 Square Feet Lot

$134,500 Zestimate^®

$110/sqft

$1,323 Estimated rent

Home value

$134,500

$118,000 - $149,000

$1,323/mo

Zestimate^® history

Owner options

List your home for rent

$1,323/mo

Rent Zestimate^®

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$1,323/mo

Rent Zestimate^®

Refinance and save

$618/mo

Est. payment

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$618/mo

Est. payment

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What's special

Investors only! Tenant occupied property that could be a great addition to your rental/investment portfolio. Home has 3 bedrooms, 1.5 bathrooms, hardwood floors, covered parking, and on a quiet cove. Rented at $875, tenant is MTM. Property is professionally managed (lease, ledger, and work order history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Seller has multiple properties for sale (can buy them individually or in bulk)...addresses are 3816 Allandale, 1260 Carolyn, 1280 Wedgewood,1329 Merrycrest, 1290 Merrycrest, 4205 Fizer, 1253Dogwood, 4706 Willow...please do not disturb or approach the tenant. Make offer contingent on inspection. No sign. No wholesalers, no assignments, no creative financing or owner financing....Cash or conventional offers only.

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Central

Cooling

Central Air

Features

Pantry
Flooring: Wood

Interior area

Total structure area: 1,120
Total interior livable area: 1,120 sqft

Property

Parking

Total spaces: 1
Parking features: Parking Pad
Carport spaces: 1
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1

Lot

Size: 4,791 Square Feet
Dimensions: 36 x 145

Details

Parcel number: 058138 00033
Special conditions: Standard

Construction

Type & style

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

Condition

New construction: No
Year built: 1955

Community & HOA

Community

Subdivision: Polo Club Estates

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $110/sqft
Tax assessed value: $103,000
Annual tax amount: $888
Date on market: 3/31/2025

Price history

Date	Event	Price
3/31/2025	Sold	$123,000-5.4%$110/sqft
Source: RealTracs MLS as distributed by MLS GRID #3084391 Report a problem
2/11/2025	Pending sale	$130,000$116/sqft
Source: MAAR #10189570 Report a problem
2/7/2025	Listed for sale	$130,000+165.3%$116/sqft
Source: MAAR #10189570 Report a problem
9/18/2006	Sold	$49,000$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,357 +41.4%	$25,750 +76.7%
2024	$960 +8.1%	$14,575
2023	$888	$14,575
2022	--	$14,575
2021	--	$14,575 +2.6%
2020	$454	$14,200
2019	$454 -21.1%	$14,200
2018	$575 -45.1%	$14,200
2017	$1,048 +137.1%	$14,200 +9.2%
2016	$442 -14.7%	$13,000
2014	$518	$13,000 -9.2%
2013	--	$14,325 -11.8%
2012	--	$16,250
2011	--	$16,250
2010	--	$16,250
2009	--	$16,250 +1.6%
2008	--	$16,000
2007	--	$16,000
2006	--	$16,000
2005	--	$16,000 +8.1%
2004	--	$14,800
2003	--	$14,800
2002	--	$14,800
2001	--	$14,800 +4.6%
2000	--	$14,150