Sold for $120,000

$120,000

5075 Flanders Ave, Memphis, TN 38118

3beds

1,128sqft

Single Family Residence

Built in 1968

0.27 Acres Lot

$116,500 Zestimate^®

$106/sqft

$1,197 Estimated rent

Home value

$116,500

$98,000 - $134,000

$1,197/mo

Zestimate^® history

Owner options

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$1,197/mo

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$1,197/mo

Rent Zestimate^®

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$603/mo

Est. payment

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$603/mo

Est. payment

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What's special

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 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

Other (See REMARKS)

Features

Other (See Remarks)
Has fireplace: No

Interior area

Total interior livable area: 1,128 sqft

Property

Parking

Total spaces: 2
Parking features: Other (See REMARKS)
Covered spaces: 2

Features

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

Lot

Size: 0.27 Acres
Dimensions: 89 x 135
Features: Other (See Remarks)

Details

Parcel number: 074034 00123

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1968

Community & HOA

Community

Subdivision: Cromwell Park 3rd Addn Rev

Location

Region: Memphis

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $93,700
Annual tax amount: $1,049
Price range: $105K - $120K
Date on market: 8/31/2023
Cumulative days on market: 19 days

Price history

Date	Event	Price
2/2/2024	Sold	$120,000+14.3%$106/sqft
Source: Public Record Report a problem
9/19/2023	Sold	$105,000+5%$93/sqft
Source: MAAR #10155651 Report a problem
9/13/2023	Pending sale	$100,000$89/sqft
Source: MAAR #10155651 Report a problem
9/12/2023	Contingent	$100,000$89/sqft
Source: MAAR #10155651 Report a problem
8/31/2023	Listed for sale	$100,000+122.2%$89/sqft
Source: MAAR #10155651 Report a problem
6/28/2018	Listing removed	$845$1/sqft
Source: Main Street Renewal Corporate Report a problem
6/11/2018	Price change	$845-5.6%$1/sqft
Source: Main Street Renewal Corporate Report a problem
5/16/2018	Listed for rent	$895$1/sqft
Source: Main Street Renewal, LLC Report a problem
4/13/2018	Listing removed	$895$1/sqft
Source: Main Street Renewal Memphis - Property # 463103 Report a problem
4/6/2018	Price change	$895-5.3%$1/sqft
Source: Main Street Renewal Memphis - Property # 463103 Report a problem
3/20/2018	Price change	$945-5%$1/sqft
Source: Main Street Renewal Memphis - Property # 463103 Report a problem
1/27/2018	Listed for rent	$995$1/sqft
Source: Main Street Renewal Memphis - Property # 463103 Report a problem
11/8/2017	Sold	$45,000$40/sqft
Source: Public Record Report a problem
6/1/2017	Listed for sale	--
Source: Auction.com Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,235 +8.8%	$23,425 +36%
2024	$1,134 +8.1%	$17,225
2023	$1,049	$17,225
2022	--	$17,225
2021	--	$17,225 +35.4%
2020	$407	$12,725
2019	$407 -21.1%	$12,725
2018	$515 -45.1%	$12,725
2017	$939 +95.2%	$12,725 -10.1%
2016	$481 -24.9%	$14,150
2014	$641	$14,150
2013	--	$14,150 -29.6%
2012	--	$20,100
2011	--	$20,100
2010	--	$20,100
2009	--	$20,100 +6.9%
2008	--	$18,800
2007	--	$18,800
2006	--	$18,800
2005	--	$18,800 +6.8%
2004	--	$17,600
2003	--	$17,600
2002	--	$17,600
2001	--	$17,600 +9.1%
2000	--	$16,125