Sold for $40,000

$40,000

2741 Lola Ave, Memphis, TN 38114

3beds

1,100sqft

Single Family Residence

Built in 1953

8,712 Square Feet Lot

$95,300 Zestimate^®

$36/sqft

$1,254 Estimated rent

Home value

$95,300

$74,000 - $115,000

$1,254/mo

Zestimate^® history

Owner options

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$1,254/mo

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$1,254/mo

Rent Zestimate^®

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$201/mo

Est. payment

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$201/mo

Est. payment

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What's special

Tenant occupied currently on a month to month lease. Great affordable Investment Property to add to you Portfolio. Recently Renovated. Cash offers only will not go FHA. Roof replacement within the last year.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Area: 132
Dimensions: 11 x 12

Bedroom 2

Area: 110
Dimensions: 10 x 11

Bedroom 3

Area: 100
Dimensions: 10 x 10

Dining room

Area: 144
Dimensions: 12 x 12

Kitchen

Features: Washer/Dryer Connections
Area: 110
Dimensions: 10 x 11

Living room

Area: 168
Dimensions: 12 x 14

Den

Dimensions: 0 x 0

Heating

Wall Furnace

Cooling

Window Unit(s)

Features

All Bedrooms Down
Flooring: Wood Laminate Floors, Part Carpet
Has fireplace: No

Interior area

Total interior livable area: 1,100 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 8,712 Square Feet
Dimensions: 60 x 136
Features: Level

Details

Parcel number: 059034 00003

Construction

Type & style

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

Materials

Wood/Composition

Condition

New construction: No
Year built: 1953

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Fairhill Sec A

Location

Region: Memphis

Financial & listing details

Price per square foot: $36/sqft
Tax assessed value: $52,600
Annual tax amount: $634
Price range: $40K - $40K
Date on market: 4/8/2024
Cumulative days on market: 16 days
Listing terms: Other (See REMARKS)

Price history

Date	Event	Price
1/25/2025	Listing removed	$995$1/sqft
Source: Zillow Rentals Report a problem
1/10/2025	Listed for rent	$995-9.1%$1/sqft
Source: Zillow Rentals Report a problem
11/16/2024	Listing removed	$1,095-8.4%$1/sqft
Source: Zillow Rentals Report a problem
8/30/2024	Listed for rent	$1,195$1/sqft
Source: Zillow Rentals Report a problem
7/3/2024	Listing removed	--
Source: Zillow Rentals Report a problem
6/19/2024	Listed for rent	$1,195$1/sqft
Source: Zillow Rentals Report a problem
5/20/2024	Sold	$40,000-42.9%$36/sqft
Source: MAAR #10169635 Report a problem
4/30/2024	Pending sale	$70,000$64/sqft
Source: MAAR #10169635 Report a problem
4/23/2024	Listed for sale	$70,000$64/sqft
Source: MAAR #10169635 Report a problem
4/11/2024	Pending sale	$70,000$64/sqft
Source: MAAR #10169635 Report a problem
4/8/2024	Listed for sale	$70,000+1650%$64/sqft
Source: MAAR #10169635 Report a problem
3/8/2010	Sold	$4,000-63.3%$4/sqft
Source: Public Record Report a problem
7/25/2009	Listing removed	$10,900$10/sqft
Source: The Carter Group Realtors, LLC #3172598 Report a problem
6/6/2009	Listed for sale	$10,900+45.3%$10/sqft
Source: The Carter Group Realtors, LLC #3172598 Report a problem
8/5/2008	Sold	$7,500-31.2%$7/sqft
Source: Public Record Report a problem
6/24/2008	Listed for sale	$10,900$10/sqft
Source: Listhub #3129810 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$693 +1.2%	$13,150 +26.4%
2024	$685 +8.1%	$10,400
2023	$634	$10,400
2022	--	$10,400
2021	--	$10,400 +73.3%
2020	$192	$6,000
2019	$192 -21.1%	$6,000
2018	$243 -45.1%	$6,000
2017	$443 +101.2%	$6,000 -7.3%
2016	$220 -10.9%	$6,475
2014	$247	$6,475
2013	--	$6,475 -16.5%
2012	--	$7,750
2011	--	$7,750
2010	--	$7,750
2009	--	$7,750 -2.8%
2008	--	$7,975
2007	--	$7,975
2006	--	$7,975
2005	--	$7,975 -22.2%
2004	--	$10,250
2003	--	$10,250
2002	--	$10,250
2001	--	$10,250 +16.8%
2000	--	$8,775