Sold for $169,000

$169,000

5806 Grassy Valley Dr, Memphis, TN 38141

2beds

1,265sqft

Single Family Residence

Built in 1987

3,484 Square Feet Lot

$167,500 Zestimate^®

$134/sqft

$1,236 Estimated rent

Home value

$167,500

$157,000 - $178,000

$1,236/mo

Zestimate^® history

Owner options

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$1,236/mo

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$1,236/mo

Rent Zestimate^®

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$1,121/mo

Est. payment

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$1,121/mo

Est. payment

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What's special

Fully renovated, tenant-occupied turnkey property offering strong rental performance. Recent upgrades include exterior repairs, fresh paint, updated deck and fencing, smart locks, and maintained roof. Inside features full interior paint, repaired drywall, updated LED lighting, new wall plates, smoke/CO2 detectors, new vinyl plank flooring, new carpet upstairs, and preserved hardwoods. The kitchen has painted cabinets, new counters, sink, faucet, disposal, dishwasher, and vent hood. Bathrooms were refreshed with new vanities, fixtures, lighting, and tub updates. HVAC (2022) and water heater maintained. Home also includes new blinds, updated shelving, and inspection-related repairs. A clean, well-maintained property with stable tenancy—perfect for investors seeking immediate cash flow. DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet
Number of fireplaces: 1

Interior area

Total interior livable area: 1,265 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1.5
Patio & porch: Porch
Pool features: None

Lot

Size: 3,484 Square Feet
Dimensions: 32 x 120
Features: Level

Details

Parcel number: 093407 M00041

Construction

Type & style

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

Materials

Wood/Composition

Condition

New construction: No
Year built: 1987

Community & HOA

Community

Subdivision: Ridgetop Estates Sec A 1st Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $134/sqft
Tax assessed value: $136,000
Annual tax amount: $1,338
Price range: $169K - $169K
Date on market: 11/18/2025

Price history

Date	Event	Price
11/12/2025	Sold	$169,000+40.8%$134/sqft
Source: MAAR #10196701 Report a problem
11/6/2025	Listing removed	$1,350$1/sqft
Source: Zillow Rentals Report a problem
10/14/2025	Price change	$1,350-6.9%$1/sqft
Source: Zillow Rentals Report a problem
9/22/2025	Listed for rent	$1,450$1/sqft
Source: Zillow Rentals Report a problem
8/8/2025	Listing removed	$1,450$1/sqft
Source: Zillow Rentals Report a problem
5/13/2025	Sold	$120,000+81.8%$95/sqft
Source: Public Record Report a problem
4/29/2025	Listed for rent	$1,450$1/sqft
Source: Zillow Rentals Report a problem
10/25/2006	Sold	$66,000-2.9%$52/sqft
Source: Public Record Report a problem
11/27/2002	Sold	$68,000+9.9%$54/sqft
Source: Public Record Report a problem
7/3/1996	Sold	$61,900$49/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,792 +33.9%	$34,000 +67.3%
2024	$1,338 +8.1%	$20,325
2023	$1,238	$20,325
2022	--	$20,325
2021	--	$20,325 +45.2%
2020	$447	$14,000
2019	$447 -21.1%	$14,000
2018	$567 -45.1%	$14,000
2017	$1,033 +137.9%	$14,000 +9.6%
2016	$434 -24.5%	$12,775
2014	$576	$12,775
2013	--	$12,775 -29.2%
2012	--	$18,050
2011	--	$18,050
2010	--	$18,050
2009	--	$18,050 +6%
2008	--	$17,025
2007	--	$17,025
2006	--	$17,025
2005	--	$17,025 +0.6%
2004	--	$16,925
2003	--	$16,925
2002	--	$16,925
2001	--	$16,925 +7.1%
2000	--	$15,800