Closed

$166,500

5723 Heartwood Dr, Memphis, TN 38135

3beds

1,678sqft

Single Family Residence, Residential

Built in 1984

0.25 Acres Lot

$215,800 Zestimate^®

$99/sqft

$1,729 Estimated rent

Home value

$215,800

$199,000 - $231,000

$1,729/mo

Zestimate^® history

Owner options

List your home for rent

$1,729/mo

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$1,729/mo

Rent Zestimate^®

Refinance and save

$1,082/mo

Est. payment

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$1,082/mo

Est. payment

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What's special

NO CITY TAX! Investor's dream or handyman's delight! This 3-bedroom, 2-bath home offers incredible potential with newer flooring and a cozy fireplace. Features include a bonus room accessible through another room, perfect for an office or extra living space, one bedroom down, and newer water heater. Enjoy the outdoors with a wood deck, fenced backyard, and two sheds for extra storage. With some TLC, this property could truly shine—don't miss the opportunity to create something special!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air, Wall/Window Unit(s)

Features

Flooring: Laminate
Number of fireplaces: 1

Interior area

Total structure area: 1,678
Total interior livable area: 1,678 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Front, Parking Pad
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 2

Lot

Size: 0.25 Acres
Dimensions: 80 x 137

Details

Parcel number: D0147 I00032
Special conditions: Standard

Construction

Type & style

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

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: Other
Water: Public
Utilities for property: Water Available

Community & HOA

Community

Subdivision: Springwood Villa

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $99/sqft
Tax assessed value: $193,000
Annual tax amount: $1,086
Date on market: 10/18/2025

Price history

Date	Event	Price
3/20/2025	Listing removed	$1,775$1/sqft
Source: Zillow Rentals Report a problem
2/4/2025	Listed for rent	$1,775$1/sqft
Source: Zillow Rentals Report a problem
10/15/2024	Sold	$166,500-16.8%$99/sqft
Source: RealTracs MLS as distributed by MLS GRID #3020306 Report a problem
10/8/2024	Pending sale	$200,000$119/sqft
Source: MAAR #10179113 Report a problem
8/14/2024	Listed for sale	$200,000$119/sqft
Source: MAAR #10179113 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,298 +19.6%	$48,250 +50.7%
2024	$1,086	$32,025
2023	$1,086	$32,025
2022	--	$32,025
2021	--	$32,025 +21.7%
2020	$1,906	$26,325
2019	$1,906 +78.8%	$26,325
2018	$1,066 -1.5%	$26,325
2017	$1,082 +11.4%	$26,325 +18.4%
2016	$971	$22,225
2014	--	$22,225
2013	--	$22,225 -15.7%
2012	--	$26,350
2011	--	$26,350
2010	--	$26,350
2009	--	$26,350 -2%
2008	--	$26,900
2007	--	$26,900
2006	--	$26,900
2005	--	$26,900 +5.7%
2004	--	$25,450
2003	--	$25,450
2002	--	$25,450
2001	--	$25,450 +10.3%
2000	--	$23,075