RENTED FOR $1150 PERMONTH -EXCEEDS the 1% Rule- Really great 3 bedroom, 2 bath property. Long Term Tenant in soaring rental market. Current Market value $132,000, sold as is. Excellent addition to your portfolio, listing based on 1% investment rule. Home was beautifully remodeled and well maintained by long term tenant. Large ½ Acre lot, formal living and dining, fully remodeled kitchen and baths, hardwood floors and tile. Do not miss out on this cash-flowing opportunity!
Sold for $110,000
$110,000
2562 Saint Elmo Ave, Memphis, TN 38127
3beds
1,492sqft
Single Family Residence
Built in 1968
0.53 Acres Lot
$-- Zestimate®
$74/sqft
$1,135 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,135/mo
Zestimate® history
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List your homeWhat's special
Fully remodeled kitchenFormal living and diningHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Brett A Bernard,
The Stamps Real Estate Company
Bought with:
Kimberly Simmons
Tally Real Estate Group, LLC
Source: MAAR,MLS#: 10187602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Features: Hardwood Floor
- Level: First
Bedroom 3
- Features: Hardwood Floor
- Level: First
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Eat-in Kitchen, Breakfast Bar
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
- Flooring: Part Hardwood, Wood Laminate Floors, Tile
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,492 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway/Pad
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
- Fencing: Wood,Wood Fence
Lot
- Size: 0.53 Acres
- Dimensions: 156 x 151
- Features: Some Trees, Level
Details
- Parcel number: 071049 00005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
Condition
- New construction: No
- Year built: 1968
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Brookmeade Gardens
Other
Other facts
- Price range: $110K - $110K
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $110,000+4.8%$74/sqft |
Source:  MAAR #10187602 Report a problem | ||
| 6/18/2025 | Pending sale | $105,000$70/sqft |
Source: MAAR #10187602 Report a problem | ||
| 6/10/2025 | Price change | $105,000-7.8%$70/sqft |
Source: MAAR #10187602 Report a problem | ||
| 5/20/2025 | Price change | $113,900-1%$76/sqft |
Source: MAAR #10187602 Report a problem | ||
| 4/7/2025 | Listed for sale | $115,000$77/sqft |
Source: MAAR #10187602 Report a problem | ||
| 4/4/2025 | Pending sale | $115,000$77/sqft |
Source: MAAR #10187602 Report a problem | ||
| 3/30/2025 | Listed for sale | $115,000$77/sqft |
Source: MAAR #10187602 Report a problem | ||
| 1/8/2025 | Pending sale | $115,000$77/sqft |
Source: MAAR #10187602 Report a problem | ||
| 1/6/2025 | Listed for sale | $115,000+150%$77/sqft |
Source: MAAR #10187602 Report a problem | ||
| 10/3/2006 | Sold | $46,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,531 +30.1% | $29,050 +62.5% |
| 2024 | $1,177 +8.1% | $17,875 |
| 2023 | $1,089 | $17,875 |
| 2022 | -- | $17,875 |
| 2021 | -- | $17,875 +17.6% |
| 2020 | $486 | $15,200 |
| 2019 | $486 -21.1% | $15,200 |
| 2018 | $616 -45.1% | $15,200 |
| 2017 | $1,122 +133.2% | $15,200 +7.4% |
| 2016 | $481 -23.7% | $14,150 |
| 2014 | $631 | $14,150 |
| 2013 | -- | $14,150 -28.4% |
| 2012 | -- | $19,775 |
| 2011 | -- | $19,775 |
| 2010 | -- | $19,775 |
| 2009 | -- | $19,775 -0.8% |
| 2008 | -- | $19,925 |
| 2007 | -- | $19,925 |
| 2006 | -- | $19,925 |
| 2005 | -- | $19,925 +9.2% |
| 2004 | -- | $18,250 |
| 2003 | -- | $18,250 |
| 2002 | -- | $18,250 |
| 2001 | -- | $18,250 +13.2% |
| 2000 | -- | $16,125 |
Find assessor info on the county website
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 5/10Hawkins Mill Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Georgian Hills Junior High SchoolGrades: 6-8Distance: 1 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 1.1 mi
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- Tennessee
- Shelby County
- Memphis
- 38127
- Shelby Forest-Frayser
- 2562 Saint Elmo Ave
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