Sold for $131,000

$131,000

2984 Egan Dr, Memphis, TN 38115

5beds

2,492sqft

Single Family Residence

Built in 1963

10,018 Square Feet Lot

$135,200 Zestimate^®

$53/sqft

$1,737 Estimated rent

Home value

$135,200

$126,000 - $145,000

$1,737/mo

Zestimate^® history

Owner options

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$1,737/mo

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$1,737/mo

Rent Zestimate^®

Refinance and save

$866/mo

Est. payment

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$866/mo

Est. payment

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What's special

Calling all investors! This spacious 5-bedroom, 2-bathroom property is a prime investment opportunity. Currently tenant-occupied on a MTM lease at $1,400 pm, this home has great bones but needs a full renovation to reach it's maximum potential. With the right upgrades, this property could generate strong rental income or be a great fix and flip project. This property is being sold AS IS and is priced to accommodate the condition while still offering incredible value. No showings without an accepted offer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Second
Dimensions: 0 x 0

Bedroom 2

Level: First
Dimensions: 0 x 0

Bedroom 3

Level: Second
Dimensions: 0 x 0

Bedroom 4

Level: Second
Dimensions: 0 x 0

Bedroom 5

Level: Second
Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Kitchen

Dimensions: 0 x 0

Living room

Features: Separate Den
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

1 or More BR Down, Textured Ceiling
Number of fireplaces: 1

Interior area

Total interior livable area: 2,492 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Door Opener
Has garage: Yes
Covered spaces: 2

Features

Stories: 2
Pool features: None

Lot

Size: 10,018 Square Feet
Dimensions: 76 x 125
Features: Level

Details

Parcel number: 074084 00001

Construction

Type & style

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

Materials

Aluminum/Steel Siding
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Fox Meadows Blk A-1

Location

Region: Memphis

Financial & listing details

Price per square foot: $53/sqft
Tax assessed value: $177,700
Annual tax amount: $2,459
Price range: $131K - $131K
Date on market: 3/19/2025
Cumulative days on market: 2 days
Listing terms: Conventional

Price history

Date	Event	Price
5/8/2025	Sold	$131,000+4.8%$53/sqft
Source: MAAR #10192372 Report a problem
3/22/2025	Pending sale	$125,000$50/sqft
Source: MAAR #10192372 Report a problem
3/19/2025	Listed for sale	$125,000+30.2%$50/sqft
Source: MAAR #10192372 Report a problem
10/10/2013	Sold	$96,000+20%$39/sqft
Source: Public Record Report a problem
8/20/2013	Sold	$80,000-11%$32/sqft
Source: Public Record Report a problem
9/27/2012	Sold	$89,900+45.9%$36/sqft
Source: Public Record Report a problem
8/3/2012	Sold	$61,610+10%$25/sqft
Source: MAAR #3249112 Report a problem
6/3/2012	Listed for sale	$56,000-64%$22/sqft
Source: foreclosure.com Report a problem
5/23/2012	Sold	$155,479+29.6%$62/sqft
Source: Public Record Report a problem
9/14/2000	Sold	$120,000+140%$48/sqft
Source: Public Record Report a problem
1/7/2000	Sold	$50,000$20/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,342 -4.8%	$44,425 +18.9%
2024	$2,460 +8.1%	$37,350
2023	$2,275	$37,350
2022	--	$37,350
2021	--	$37,350 +54.5%
2020	$773	$24,175
2019	$773 -21.1%	$24,175
2018	$979 -45.1%	$24,175
2017	$1,784 +115.5%	$24,175 -0.7%
2016	$828 -5.6%	$24,350
2014	$877	$24,350
2013	--	$24,350 -11.5%
2012	--	$27,500
2011	--	$27,500
2010	--	$27,500
2009	--	$27,500 -9.8%
2008	--	$30,500
2007	--	$30,500
2006	--	$30,500
2005	--	$30,500 +11.6%
2004	--	$27,325
2003	--	$27,325
2002	--	$27,325
2001	--	$27,325 +11.4%
2000	--	$24,525