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Sold for $28,000
  • $28,000

    41 W Desoto Ave, Memphis, TN 38106

    3beds
    1,500sqft
    SingleFamily
    Built in 1930
    4,356 Square Feet Lot
    $132,400 Zestimate®
    $19/sqft
    $1,325 Estimated rent

    Home value

    $132,400

    $103,000 - $160,000

    $1,325/mo

    Zestimate® history
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    $1,325/mo

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    Rent Zestimate®

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    $141/mo

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    $141/mo

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    What's special

    1500 sq ft historic building with commercial appeal! Near downtown, South Main Arts District, around the corner from Ghost River brewery, 5 min from the riverfront, Loflin Yard, and 1 block away from Mommas Roadhouse (previously The Dirty Crow). Updated electric and water, Utilities are on and up to most recent codes. Electric panel was completely replaced, new wiring added for fully grounded circuits, also has 220 V circuit for AC/Heat Unit or power tools. Tall ceilings. Solid foundation, no leaks in the roof. Tons of space for cheap! Was most recently used as an artists studio/work space. Can be renovated as a large single family home (as it was used by previous owner) or convert back into duplex with separate entrances in front and back. Property was originally built as a shotgun duplex with three large rooms on each side. It was opened up between the two sides and could easily be made back into a duplex for two rental units. Great front porch, shaded backyard. Feels like you’re in the country and only 5 min from downtown. Kitchen and bathroom added on for a total of 8 rooms and 1 bathroom with working shower, bathtub and sink. For sale by owner Contact 615-618-1630, serious inquiries only No assignable contracts

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Features
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 01205600003

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $19/sqft
    • Tax assessed value: $10,000
    • Annual tax amount: $211

    Price history

    DateEventPrice
    6/20/2024Sold$28,000-15.2%$19/sqft
    Source: Public Record Report a problem
    5/12/2021Sold$33,000-13.2%$22/sqft
    Source: Public Record Report a problem
    4/6/2021Pending sale$38,000$25/sqft
    Source: Owner Report a problem
    2/18/2021Listed for sale$38,000-13.6%$25/sqft
    Source: Owner Report a problem
    12/23/2020Listing removed--
    Source: Owner Report a problem
    12/13/2020Price change$44,000-4.3%$29/sqft
    Source: Owner Report a problem
    9/3/2020Listed for sale$46,000+384.2%$31/sqft
    Source: Owner Report a problem
    7/25/2016Sold$9,500-36.7%$6/sqft
    Source: Public Record Report a problem
    6/18/2016Pending sale$14,999$10/sqft
    Source: Owner Report a problem
    11/5/2015Price change$14,999-21.1%$10/sqft
    Source: Crestcore Realty, LLC #9957959 Report a problem
    11/3/2015Price change$19,000-5%$13/sqft
    Source: Crestcore Realty, LLC #9957959 Report a problem
    9/10/2015Listed for sale$20,000+38.4%$13/sqft
    Source: Propertyware Inc Report a problem
    9/2/2014Sold$14,450$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$211 -58%$4,000 -47.5%
    2024$502 +8.1%$7,625
    2023$464 $7,625
    2022-- $7,625
    2021-- $7,625 +23%
    2020$198 $6,200
    2019$198 -21.1%$6,200
    2018$251 -45.1%$6,200
    2017$458 +121.6%$6,200 +2.1%
    2016$207 -45.3%$6,075 -37.5%
    2014$378 $9,720
    2013-- $9,720 -17.9%
    2012-- $11,840
    2011-- $11,840
    2010-- $11,840
    2009-- $11,840 +86.5%
    2008-- $6,350
    2007-- $6,350
    2006-- $6,350
    2005-- $6,350 +24.5%
    2004-- $5,100
    2003-- $5,100
    2002-- $5,100
    2001-- $5,100 +21.4%
    2000-- $4,200
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating