Sold for $130,000

$130,000

81 E Fernwood Ave, Memphis, TN 38109

4beds

1,600sqft

Single Family Residence

Built in 1947

7,840 Square Feet Lot

$139,500 Zestimate^®

$81/sqft

$1,308 Estimated rent

Home value

$139,500

$121,000 - $158,000

$1,308/mo

Zestimate^® history

Owner options

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$1,308/mo

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$1,308/mo

Rent Zestimate^®

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$862/mo

Est. payment

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$862/mo

Est. payment

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What's special

Wood fencePorch post and railingsNew roofExterior paintNew kitchenStair treadsInterior doors

Currently rented $1350 per month. Fully remodeled Top to Bottom, Inside and Out- New Roof, Windows, exterior paint, HVAC, Furnace, Wood fence, Porch post & railings and doors. Interior- New interior Doors, New Kitchen and bathrooms, flooring, Paint, stair treads and carpet. Great Investment and addition to your portfolio, growing market! Contact Brett Bernard for more information. Do NOT disturb tenant. Appraised for $158K 12-30-2024.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Kitchen

Features: Updated/Renovated Kitchen

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

Renovated Bathroom, Full Bath Down
Flooring: Part Hardwood, Part Carpet, Tile
Has fireplace: No

Interior area

Total interior livable area: 1,600 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Porch
Pool features: None
Fencing: Wood,Wood Fence

Lot

Size: 7,840 Square Feet
Dimensions: 59 x 135
Features: Professionally Landscaped, Other (See Remarks)

Details

Parcel number: 050058 00002

Construction

Type & style

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

Condition

New construction: No
Year built: 1947

Community & HOA

Community

Subdivision: Mcgehee & Pilley Re Blk 35

Location

Region: Memphis

Financial & listing details

Price per square foot: $81/sqft
Tax assessed value: $58,400
Annual tax amount: $556
Price range: $130K - $130K
Date on market: 12/27/2024
Cumulative days on market: 101 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
5/14/2025	Sold	$130,000+0.8%$81/sqft
Source: MAAR #10187160 Report a problem
4/7/2025	Pending sale	$129,000$81/sqft
Source: MAAR #10187160 Report a problem
2/13/2025	Price change	$129,000-0.8%$81/sqft
Source: MAAR #10187160 Report a problem
12/27/2024	Listed for sale	$130,000+356.1%$81/sqft
Source: MAAR #10187160 Report a problem
3/17/2023	Sold	$28,500+185%$18/sqft
Source: Public Record Report a problem
3/5/2015	Sold	$10,000$6/sqft
Source: MAAR #9944528 Report a problem
2/4/2015	Listed for sale	$10,000-41.2%$6/sqft
Source: BrokerNetwork GMAC Real Estate #9944528 Report a problem
11/3/2014	Sold	$17,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$770 +28.1%	$14,600 +60%
2024	$601 +8.1%	$9,125
2023	$556	$9,125
2022	--	$9,125
2021	--	$9,125 +4%
2020	$280	$8,775
2019	$280 -21.1%	$8,775
2018	$355 -45.1%	$8,775
2017	$648 +107.6%	$8,775 -4.4%
2016	$312 -22.2%	$9,175
2014	$401	$9,175
2013	--	$9,175 -27%
2012	--	$12,575
2011	--	$12,575
2010	--	$12,575
2009	--	$12,575 -4.2%
2008	--	$13,125
2007	--	$13,125
2006	--	$13,125
2005	--	$13,125 -2.2%
2004	--	$13,425
2003	--	$13,425
2002	--	$13,425
2001	--	$13,425 +29.1%
2000	--	$10,400