Closed

Zestimate^®

$17,500

1557 Preston St, Memphis, TN 38106

3beds

1,346sqft

Single Family Residence, Residential

Built in 1912

7,840 Square Feet Lot

$17,500 Zestimate^®

$13/sqft

$1,156 Estimated rent

Home value

$17,500

$16,000 - $19,000

$1,156/mo

Zestimate^® history

Owner options

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$1,156/mo

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$1,156/mo

Rent Zestimate^®

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$88/mo

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$88/mo

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What's special

Investor Special! Large home that is being offered at a great price. Property needs repairs but could be worth a lot of money once fixed up. Home has a nice floor plan, hardwood floors, fireplace, and huge kitchen. ONLINE VIDEO AVAILABLE UPON REQUEST. Please go view the house and then make your offer with no inspection or financing contingencies. Seller is not interested in owner financing, subject to, or creative financing offers...cash only. Immediate possession available. This could be a great long term rental or primary residence once rehabbed. Seller won't turn on utilities or make repairs.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Other

Cooling

Other

Features

Flooring: Other
Number of fireplaces: 1

Interior area

Total structure area: 1,346
Total interior livable area: 1,346 sqft

Property

Parking

Total spaces: 2
Parking features: Open
Uncovered spaces: 2

Features

Levels: Three Or More
Stories: 1

Lot

Size: 7,840 Square Feet
Dimensions: 53 x 151

Details

Parcel number: 034013 00007
Special conditions: Standard

Construction

Type & style

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

Condition

New construction: No
Year built: 1912

Community & HOA

Community

Subdivision: Central Land Co Blk 8

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $13/sqft
Tax assessed value: $36,700
Annual tax amount: $398
Date on market: 10/3/2025

Price history

Date	Event	Price
10/3/2025	Sold	$17,500-22.2%$13/sqft
Source: RealTracs MLS as distributed by MLS GRID #3084497 Report a problem
9/17/2025	Pending sale	$22,500$17/sqft
Source: MAAR #10200004 Report a problem
8/5/2025	Price change	$22,500-10%$17/sqft
Source: MAAR #10200004 Report a problem
6/27/2025	Listed for sale	$25,000$19/sqft
Source: MAAR #10200004 Report a problem
8/25/2022	Sold	$25,000$19/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$484 +21.4%	$9,175 +51.7%
2024	$398 +8.1%	$6,050
2023	$369	$6,050
2022	--	$6,050
2021	--	$6,050 +21.6%
2020	$159	$4,975
2019	$159 -21.1%	$4,975
2018	$201 -45.1%	$4,975
2017	$367 +108.7%	$4,975 -3.9%
2016	$176 -16.4%	$5,175
2014	$210	$5,175
2013	--	$5,175 -21.6%
2012	--	$6,600
2011	--	$6,600
2010	--	$6,600
2009	--	$6,600 -10.8%
2008	--	$7,400
2007	--	$7,400
2006	--	$7,400
2005	--	$7,400 +30.4%
2004	--	$5,675
2003	--	$5,675
2002	--	$5,675
2001	--	$5,675 -33.6%
2000	--	$8,550