Sold for $40,000

Zestimate^®

$40,000

2825 Semmes St, Memphis, TN 38114

2beds

845sqft

Single Family Residence

Built in 1951

7,405 Square Feet Lot

$40,000 Zestimate^®

$47/sqft

$970 Estimated rent

Home value

$40,000

$38,000 - $42,000

$970/mo

Zestimate^® history

Owner options

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$970/mo

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$970/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

Currently tenant-occupied at $650/month with a lease term extending through September 30, 2026. This property is being sold as-is and is primed for a value-add investor looking to execute renovations after the lease expires. With its manageable 832 sq. ft. footprint, this is a prime candidate for a strategic renovation. No wholesalers, or contract assignment. Please do not disturb the tenant.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full 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

Window Unit(s)

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Has fireplace: No

Interior area

Total interior livable area: 845 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

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

Lot

Size: 7,405 Square Feet
Dimensions: 62 x 133
Features: Level

Details

Parcel number: 059027 00003

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1951

Community & HOA

Community

Subdivision: Fairlawn

Location

Region: Memphis

Financial & listing details

Price per square foot: $47/sqft
Tax assessed value: $50,200
Annual tax amount: $662
Price range: $40K - $40K
Date on market: 7/8/2026
Cumulative days on market: 9 days

Price history

Date	Event	Price
8/11/2026	Sold	$40,000-38.5%$47/sqft
Source: MAAR #10225634 Report a problem
7/18/2026	Pending sale	$65,000$77/sqft
Source: MAAR #10225634 Report a problem
7/8/2026	Listed for sale	$65,000+41.3%$77/sqft
Source: MAAR #10225634 Report a problem
5/10/2021	Sold	$46,000+162.9%$54/sqft
Source: Public Record Report a problem
5/16/2014	Sold	$17,500-12.1%$21/sqft
Source: Public Record Report a problem
12/21/2013	Price change	$19,900-11.6%$24/sqft
Source: Assured Real Estate Services #3275137 Report a problem
8/12/2013	Price change	$22,500-10%$27/sqft
Source: Assured Real Estate Services #3275137 Report a problem
7/2/2013	Listed for sale	$25,000-30.6%$30/sqft
Source: Assured Real Estate Services #3275137 Report a problem
2/21/2012	Listing removed	$500$1/sqft
Source: Assured Real Estate Services #3225422 Report a problem
6/9/2011	Listed for rent	$500$1/sqft
Source: Assured Real Estate Services #3225422 Report a problem
12/12/2005	Sold	$36,000+19.2%$43/sqft
Source: Public Record Report a problem
11/9/2005	Sold	$30,200-31.4%$36/sqft
Source: Public Record Report a problem
2/25/1998	Sold	$44,000-20.7%$52/sqft
Source: Public Record Report a problem
7/18/1997	Sold	$55,484+126.5%$66/sqft
Source: Public Record Report a problem
3/3/1997	Sold	$24,500$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$661 -0.8%	$12,550 +24%
2024	$667 +8.1%	$10,125
2023	$617	$10,125
2022	--	$10,125
2021	--	$10,125 +80%
2020	$180	$5,625
2019	$180 -21.1%	$5,625
2018	$228 -45.1%	$5,625
2017	$415 +100.2%	$5,625 -7.8%
2016	$207 -11.5%	$6,100
2014	$234	$6,100
2013	--	$6,100 -17%
2012	--	$7,350
2011	--	$7,350
2010	--	$7,350
2009	--	$7,350 -2.6%
2008	--	$7,550
2007	--	$7,550
2006	--	$7,550
2005	--	$7,550 -14.7%
2004	--	$8,850
2003	--	$8,850
2002	--	$8,850
2001	--	$8,850 +7.6%
2000	--	$8,225