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For sale
    • $117,900

    449 Fernwood Ave, Memphis, TN 38106

    5beds
    2,235sqft
    : 
    $835/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    6,098 Square Feet Lot
    $111,300 Zestimate®
    $53/sqft
    $-- HOA

    What's special

    INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1520/mo with a $1395 deposit on file. Lease ends 3/31/27. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers, no assignment, no seller finance or creative finance. Seller is also has 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually).
    92 days
    203
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Tapley,

    Crye-Leike, Inc., REALTORS 901-756-8900

    Source: MAAR,MLS#: 10223134MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Area: 132
      • Dimensions: 11 x 12
      Dining room
      • Area: 121
      • Dimensions: 11 x 11
      Kitchen
      • Features: Pantry
      Living room
      • Area: 176
      • Dimensions: 11 x 16
      Den
      • Area: 270
      • Dimensions: 15 x 18
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Part Carpet
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,235 sqft

      Property

      Parking
      • Parking features: Other (See REMARKS)
      Features
      • Stories: 1.5
      • Exterior features: Other (See REMARKS)
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 50 x 130
      • Features: Level
      Details
      • Parcel number: 049015 00004

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer
      Condition
      • New construction: No
      • Year built: 1950

      Community & HOA

      Community
      • Subdivision: Philsar Blk E
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $53/sqft
      • Tax assessed value: $76,900
      • Annual tax amount: $765
      • Price range: $117.9K - $117.9K
      • Date on market: 6/4/2026

        Estimated market value

        $111,300

        $106,000 - $117,000

        $1,787/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$117,900+0.3%$53/sqft
        Source: MAAR #10223134 Report a problem
        4/23/2026Listing removed$117,500$53/sqft
        Source: MAAR #10219041 Report a problem
        4/11/2026Listed for sale$117,500$53/sqft
        Source: MAAR #10219041 Report a problem
        3/6/2026Listing removed$117,500$53/sqft
        Source: MAAR #10194334 Report a problem
        2/19/2026Price change$117,500-2.9%$53/sqft
        Source: MAAR #10194334 Report a problem
        1/7/2026Listed for sale$121,000$54/sqft
        Source: MAAR #10194334 Report a problem
        1/2/2026Pending sale$121,000$54/sqft
        Source: MAAR #10194334 Report a problem
        9/23/2025Price change$121,000-1.1%$54/sqft
        Source: MAAR #10194334 Report a problem
        6/27/2025Price change$122,400-2%$55/sqft
        Source: MAAR #10194334 Report a problem
        5/30/2025Price change$124,900-0.8%$56/sqft
        Source: MAAR #10194334 Report a problem
        5/13/2025Price change$125,900-10%$56/sqft
        Source: MAAR #10194334 Report a problem
        4/15/2025Listed for sale$139,900+258.7%$63/sqft
        Source: MAAR #10194334 Report a problem
        4/10/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/27/2024Price change$1,395+7.7%$1/sqft
        Source: Zillow Rentals Report a problem
        2/29/2024Price change$1,295-13.4%$1/sqft
        Source: Zillow Rentals Report a problem
        1/17/2024Listed for rent$1,495$1/sqft
        Source: Zillow Rentals Report a problem
        9/20/2023Sold$39,000$17/sqft
        Source: Public Record Report a problem
        7/15/2015Sold$39,000$17/sqft
        Source: Public Record Report a problem
        6/10/2015Price change$39,000-23.4%$17/sqft
        Source: RE/MAX REAL ESTATE EXPERTS #9947322 Report a problem
        5/5/2015Price change$50,900-7.3%$23/sqft
        Source: RE/MAX REAL ESTATE EXPERTS #9947322 Report a problem
        4/12/2015Price change$54,900-20.4%$25/sqft
        Source: RE/MAX REAL ESTATE EXPERTS #9947322 Report a problem
        3/19/2015Listed for sale$69,000$31/sqft
        Source: RE/MAX REAL ESTATE EXPERTS #9947322 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,013 +32.4%$19,225 +65.4%
        2024$766 +8.1%$11,625
        2023$708 $11,625
        2022-- $11,625
        2021-- $11,625 +19.2%
        2020$312 $9,750
        2019$312 -21.1%$9,750
        2018$395 -45.1%$9,750
        2017$720 +107.5%$9,750 -4.4%
        2016$347 -31.1%$10,200
        2014$503 $10,200
        2013-- $10,200 -35.3%
        2012-- $15,775
        2011-- $15,775
        2010-- $15,775
        2009-- $15,775 -2.8%
        2008-- $16,225
        2007-- $16,225
        2006-- $16,225
        2005-- $16,225 +14.7%
        2004-- $14,150
        2003-- $14,150
        2002-- $14,150
        2001-- $14,150 +20.2%
        2000-- $11,775
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        30 / 100
        Car-Dependent
        28 / 100
        Some Transit

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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