Closed

$107,000

1521 Lookout Dr, Memphis, TN 38127

4beds

1,375sqft

Single Family Residence, Residential

Built in 1952

0.45 Acres Lot

$115,400 Zestimate^®

$78/sqft

$1,341 Estimated rent

Home value

$115,400

$98,000 - $132,000

$1,341/mo

Zestimate^® history

Owner options

List your home for rent

$1,341/mo

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$1,341/mo

Rent Zestimate^®

Refinance and save

$538/mo

Est. payment

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$538/mo

Est. payment

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What's special

This is a lovely and charming starter home or you can make this an amazing investment opportunity! Located in nice and quiet pocket of 38127, very near highway access to I-40 or Hwy 51 This home is currently holding a Sec. 8 tenant paying $1,130 per month meaning you will instantly begin great cash-flowing opportunity! New Roof installed in 2022 and systems are up-to-date in good conditions. Selling "As Is" Please, Do Not disturb tenant. No Showings until accepted offer. Owner Agent

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Central

Cooling

Central Air

Appliances

Laundry: Washer Hookup

Features

Flooring: Wood, Tile

Interior area

Total structure area: 1,375
Total interior livable area: 1,375 sqft

Property

Parking

Total spaces: 1
Parking features: Detached, Parking Pad
Garage spaces: 1
Has uncovered spaces: Yes

Features

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

Lot

Size: 0.45 Acres
Dimensions: 100 x 200

Details

Parcel number: 070037 00006
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: 1952

Community & HOA

Community

Subdivision: Alta Vista

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $78/sqft
Tax assessed value: $83,700
Annual tax amount: $943
Date on market: 7/28/2023

Price history

Date	Event	Price
4/26/2025	Listing removed	$1,350$1/sqft
Source: Zillow Rentals Report a problem
4/17/2025	Listed for rent	$1,350$1/sqft
Source: Zillow Rentals Report a problem
7/28/2023	Sold	$107,000-6.6%$78/sqft
Source: RealTracs MLS as distributed by MLS GRID #3114106 Report a problem
5/8/2023	Price change	$114,500-4.2%$83/sqft
Source: MAAR #10145587 Report a problem
4/17/2023	Price change	$119,500-7.7%$87/sqft
Source: MAAR #10145587 Report a problem
4/11/2023	Listed for sale	$129,500+475.6%$94/sqft
Source: MAAR #10145587 Report a problem
9/27/2012	Sold	$22,500-13.5%$16/sqft
Source: MAAR #3250640 Report a problem
9/20/2012	Pending sale	$26,000$19/sqft
Source: Crye-Leike #3250640 Report a problem
9/14/2012	Listed for sale	$26,000$19/sqft
Source: Crye-Leike #3250640 Report a problem
9/12/2012	Pending sale	$26,000$19/sqft
Source: Crye-Leike #3250640 Report a problem
6/29/2012	Listed for sale	$26,000-62.9%$19/sqft
Source: Crye-Leike #3250640 Report a problem
1/13/2005	Sold	$70,000$51/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,103 +8.2%	$20,925 +35.2%
2024	$1,019 +8.1%	$15,475
2023	$943	$15,475
2022	--	$15,475
2021	--	$15,475 +52.5%
2020	$324	$10,150
2019	$324 -21.1%	$10,150
2018	$411 -45.1%	$10,150
2017	$749 +120.9%	$10,150 +1.8%
2016	$339 -28.6%	$9,975
2014	$475	$9,975
2013	--	$9,975 -33.1%
2012	--	$14,900
2011	--	$14,900
2010	--	$14,900
2009	--	$14,900 -12.1%
2008	--	$16,950
2007	--	$16,950
2006	--	$16,950
2005	--	$16,950 +16.7%
2004	--	$14,525
2003	--	$14,525
2002	--	$14,525
2001	--	$14,525 +9.4%
2000	--	$13,275