Sold for $55,000

$55,000

1853 Lanier Ln, Memphis, TN 38117

3beds

1,365sqft

Single Family Residence

Built in 1962

7,840 Square Feet Lot

$167,100 Zestimate^®

$40/sqft

$1,522 Estimated rent

Home value

$167,100

$139,000 - $192,000

$1,522/mo

Zestimate^® history

Owner options

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$1,522/mo

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$1,522/mo

Rent Zestimate^®

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$277/mo

Est. payment

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$277/mo

Est. payment

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What's special

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. This property has substantial tree damage. No assignments and no wholesaler buyer offers will be accepted.

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

Other (See Remarks)
Has fireplace: No

Interior area

Total interior livable area: 1,365 sqft

Property

Parking

Total spaces: 2
Parking features: Other (See REMARKS)
Covered spaces: 2

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 7,840 Square Feet
Dimensions: 65 x 125
Features: Other (See Remarks)

Details

Parcel number: 066047 00006

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1962

Community & HOA

Community

Subdivision: Willow Park A

Location

Region: Memphis

Financial & listing details

Price per square foot: $40/sqft
Tax assessed value: $171,200
Annual tax amount: $1,721
Price range: $55K - $55K
Date on market: 12/12/2023
Cumulative days on market: 232 days

Price history

Date	Event	Price
5/16/2024	Sold	$55,000-8.2%$40/sqft
Source: MAAR #10155694 Report a problem
4/25/2024	Contingent	$59,900$44/sqft
Source: MAAR #10155694 Report a problem
4/17/2024	Price change	$59,900-6.4%$44/sqft
Source: MAAR #10155694 Report a problem
4/4/2024	Price change	$64,000-29.6%$47/sqft
Source: MAAR #10155694 Report a problem
3/25/2024	Price change	$90,900-4.2%$67/sqft
Source: MAAR #10155694 Report a problem
3/11/2024	Listed for sale	$94,900$70/sqft
Source: MAAR #10155694 Report a problem
2/22/2024	Contingent	$94,900$70/sqft
Source: MAAR #10155694 Report a problem
2/12/2024	Price change	$94,900-5%$70/sqft
Source: MAAR #10155694 Report a problem
1/31/2024	Price change	$99,900-6.5%$73/sqft
Source: MAAR #10155694 Report a problem
1/22/2024	Price change	$106,900-3.6%$78/sqft
Source: MAAR #10155694 Report a problem
1/12/2024	Price change	$110,900-4.3%$81/sqft
Source: MAAR #10155694 Report a problem
1/3/2024	Price change	$115,900-4.1%$85/sqft
Source: MAAR #10155694 Report a problem
12/12/2023	Listed for sale	$120,900$89/sqft
Source: MAAR #10155694 Report a problem
11/15/2023	Listing removed	--
Source: MAAR #10155694 Report a problem
11/15/2023	Price change	$120,900-4%$89/sqft
Source: MAAR #10155694 Report a problem
11/2/2023	Price change	$126,000-4.5%$92/sqft
Source: MAAR #10155694 Report a problem
10/24/2023	Price change	$132,000-4.3%$97/sqft
Source: MAAR #10155694 Report a problem
10/13/2023	Price change	$138,000-3.5%$101/sqft
Source: MAAR #10155694 Report a problem
10/4/2023	Price change	$143,000-4%$105/sqft
Source: MAAR #10155694 Report a problem
9/26/2023	Price change	$149,000-3.9%$109/sqft
Source: MAAR #10155694 Report a problem
9/11/2023	Price change	$155,000-6.1%$114/sqft
Source: MAAR #10155694 Report a problem
8/31/2023	Listed for sale	$165,000+13.8%$121/sqft
Source: MAAR #10155694 Report a problem
9/15/2022	Sold	$145,000+3.6%$106/sqft
Source: RealTracs MLS as distributed by MLS GRID #3022281 Report a problem
8/22/2022	Contingent	$140,000$103/sqft
Source: MAAR #10131462 Report a problem
8/18/2022	Listed for sale	$140,000+268.4%$103/sqft
Source: MAAR #10131462 Report a problem
3/14/2011	Sold	$38,000-32%$28/sqft
Source: Public Record Report a problem
2/2/2011	Listed for sale	$55,900$41/sqft
Source: Crye-Leike #3202018 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,256 +21.3%	$42,800 +51.5%
2024	$1,860 +8.1%	$28,250
2023	$1,721	$28,250
2022	--	$28,250
2021	--	$28,250 +14.4%
2020	$789	$24,700
2019	$789 -21.1%	$24,700
2018	$1,000 -45.1%	$24,700
2017	$1,823 +211.8%	$24,700 +43.6%
2016	$585 -29.1%	$17,200 -22.7%
2014	$825	$22,250
2013	--	$22,250 -14%
2012	--	$25,875
2011	--	$25,875
2010	--	$25,875
2009	--	$25,875 +7.9%
2008	--	$23,975
2007	--	$23,975
2006	--	$23,975
2005	--	$23,975 +5.8%
2004	--	$22,650
2003	--	$22,650
2002	--	$22,650
2001	--	$22,650 +23.4%
2000	--	$18,350