Sold for $85,000

$85,000

715 Lester St, Memphis, TN 38112

5beds

1,534sqft

Single Family Residence

Built in 1950

7,405 Square Feet Lot

$97,800 Zestimate^®

$55/sqft

$1,748 Estimated rent

Home value

$97,800

$74,000 - $121,000

$1,748/mo

Zestimate^® history

Owner options

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$1,748/mo

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$1,748/mo

Rent Zestimate^®

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$427/mo

Est. payment

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$427/mo

Est. payment

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What's special

Welcome to your investment opportunity in the heart of Binghamton, an up-and-coming area. 5 spacious-bedroom, 2-bath. with 2 reliable tenants already in place, paying a total of $1100 mo. Seller rent by the room weekly. Seller collects cash, no property management Co. and can make up to $3100 with all 5 rooms rented. Needs a little TLC. The property is being sold in As-Is conditions. Can be sold with or with the tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Radiant Floor

Cooling

Other (See REMARKS)

Features

All Bedrooms Down
Flooring: Wood Laminate Floors
Has fireplace: No

Interior area

Total interior livable area: 1,534 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

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

Lot

Size: 7,405 Square Feet
Dimensions: 68 x 115
Features: Level

Details

Parcel number: 052064 00029

Construction

Type & style

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

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Subdivision: Johnsons Re S&d Lot 44&59 & 86 87&88

Location

Region: Memphis

Financial & listing details

Price per square foot: $55/sqft
Tax assessed value: $84,400
Annual tax amount: $320
Price range: $85K - $85K
Date on market: 2/6/2024
Cumulative days on market: 86 days

Price history

Date	Event	Price
6/3/2024	Sold	$85,000-10.5%$55/sqft
Source: MAAR #10165312 Report a problem
5/13/2024	Pending sale	$95,000$62/sqft
Source: MAAR #10165312 Report a problem
4/19/2024	Price change	$95,000-13.6%$62/sqft
Source: MAAR #10165312 Report a problem
2/6/2024	Listed for sale	$110,000$72/sqft
Source: MAAR #10165312 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,112 +221.7%	$21,100 +301.9%
2024	$346 +8.1%	$5,250
2023	$320	$5,250
2022	--	$5,250
2021	--	$5,250 +19.3%
2020	$141	$4,400
2019	$141 -21.1%	$4,400
2018	$178 -45.1%	$4,400
2017	$325 +94%	$4,400 -10.7%
2016	$167 -41.7%	$4,925
2014	$287	--
2013	--	$7,375 -18.1%
2012	--	$9,000
2011	--	$9,000
2010	--	$9,000
2009	--	$9,000 -11.3%
2008	--	$10,150
2007	--	$10,150
2006	--	$10,150
2005	--	$10,150 -6.2%
2004	--	$10,825
2003	--	$10,825
2002	--	$10,825
2001	--	$10,825 -3.1%
2000	--	$11,175