Sold for $100,000

$100,000

1507 Sparks Cv, Memphis, TN 38106

4beds

1,171sqft

Apartment

Built in 1958

-- sqft lot

$104,300 Zestimate^®

$85/sqft

$1,009 Estimated rent

Home value

$104,300

$86,000 - $123,000

$1,009/mo

Zestimate^® history

Owner options

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$1,009/mo

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$1,009/mo

Rent Zestimate^®

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$503/mo

Est. payment

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$503/mo

Est. payment

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What's special

Fence repairFresh paintSeparate laundry roomHomes filled with flowersHandicap rampNew light fixturesPainted homes

Investors ideal property! Incoming producing property that is turnkey. Purchase this property with confidence. What do us investors want? A gold bar that allows good monthly return and in good condition. Home sits in a community that is a mix of long term homeowners and rental properties. Home sits in well-cared for community. Sits in a cove that is manicured with homes filled with flowers, updated, and painted homes. Professional management is already in place. Property is a healthy property that has completed a full scope work that was recommended by the management company. Scope of work included items such as fresh paint, new light fixtures, fence repair, new window locks, new flooring in kitchen and bathrooms. HVAC and plumbing have been inspected. It is a 4 bedroom home with a carport, handicap ramp, and a separate laundry room. Tenant is in place until 2025. The tenant pays double the amount of the average lease in the area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Level: First
Dimensions: 0 x 0

Bedroom 2

Level: First

Bedroom 3

Level: First

Bedroom 4

Level: First

Bedroom 5

Level: First

Dining room

Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down
Flooring: Part Hardwood, Vinyl
Has fireplace: No

Interior area

Total interior livable area: 1,171 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad, Storage
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 6,534 Square Feet
Dimensions: 58 x 114
Features: Some Trees, Level

Details

Parcel number: 060055 00042

Construction

Type & style

Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment

Materials

Aluminum/Steel Siding

Condition

New construction: No
Year built: 1958

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Baileys C L Cane Ave

Location

Region: Memphis

Financial & listing details

Price per square foot: $85/sqft
Tax assessed value: $99,800
Annual tax amount: $624
Price range: $100K - $100K
Date on market: 11/16/2024
Cumulative days on market: 3 days

Price history

Date	Event	Price
11/22/2024	Sold	$100,000-4.8%$85/sqft
Source: MAAR #10185336 Report a problem
11/16/2024	Listed for sale	$105,000+275%$90/sqft
Source: MAAR #10185336 Report a problem
6/26/2024	Listing removed	--
Source: Zillow Rentals Report a problem
5/25/2024	Price change	$1,300-7.1%$1/sqft
Source: Zillow Rentals Report a problem
5/2/2024	Listed for rent	$1,400$1/sqft
Source: Zillow Rentals Report a problem
2/22/2024	Listing removed	--
Source: Zillow Rentals Report a problem
12/12/2023	Listed for rent	$1,400+101.4%$1/sqft
Source: Zillow Rentals Report a problem
1/10/2020	Listing removed	$695$1/sqft
Source: Zillow Rental Manager Report a problem
1/5/2020	Price change	$695+3%$1/sqft
Source: Zillow Rental Manager Report a problem
1/2/2020	Listed for rent	$675-3.6%$1/sqft
Source: Zillow Rental Manager Report a problem
5/3/2019	Sold	$28,000-6.4%$24/sqft
Source: MAAR #10050110 Report a problem
4/16/2019	Pending sale	$29,900$26/sqft
Source: Crestcore Realty, LLC #10050110 Report a problem
4/11/2019	Listed for sale	$29,900$26/sqft
Source: Crestcore Realty, LLC #10050110 Report a problem
5/19/2017	Listing removed	$29,900$26/sqft
Source: Crestcore Realty, LLC #10000556 Report a problem
4/20/2017	Listed for sale	$29,900+124.5%$26/sqft
Source: Crestcore Realty, LLC #10000556 Report a problem
12/16/2015	Listing removed	$700$1/sqft
Source: CrestCore Realty LLC Report a problem
11/2/2015	Listed for rent	$700$1/sqft
Source: Crestcore Realty, LLC Report a problem
9/28/2015	Sold	$13,320$11/sqft
Source: Public Record Report a problem
6/17/2015	Sold	$13,320+1232%$11/sqft
Source: Public Record Report a problem
6/11/2015	Price change	$1,000-86.7%$1/sqft
Source: Auction.com Report a problem
5/29/2015	Price change	$7,500$6/sqft
Source: Auction.com Report a problem
5/14/2015	Listed for sale	--
Source: Auction.com Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,315 +94.8%	$24,950 +143.4%
2024	$675 +8.1%	$10,250
2023	$624	$10,250
2022	--	$10,250
2021	--	$10,250 +40.4%
2020	$233	$7,300
2019	$233 -21.1%	$7,300
2018	$296 -45.1%	$7,300
2017	$539 +103.2%	$7,300 -6.4%
2016	$265 -12%	$7,800
2014	$301	$7,800
2013	--	$7,800 -17.5%
2012	--	$9,450
2011	--	$9,450
2010	--	$9,450
2009	--	$9,450 -1%
2008	--	$9,550
2007	--	$9,550
2006	--	$9,550
2005	--	$9,550 -15.9%
2004	--	$11,350
2003	--	$11,350
2002	--	$11,350
2001	--	$11,350 +6.3%
2000	--	$10,675