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Sold for $80,000
  • $80,000

    988 Michael Cv, Memphis, TN 38116

    3beds
    1,366sqft
    Single Family Residence
    Built in 1951
    0.57 Acres Lot
    $80,000 Zestimate®
    $59/sqft
    $1,413 Estimated rent

    Home value

    $80,000

    $76,000 - $84,000

    $1,413/mo

    Zestimate® history
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    What's special

    Opportunity knocks with this income-producing property priced well below market value due to the repairs and updates needed. Being sold AS IS this 3-bedroom, 1.5-bath home already has a long-term tenant in place, offering immediate cash flow from day one. Currently rented at $950/month, the tenant has occupied the property since March 2015 and is currently on a month-to-month lease with a strong rental payment history. With some improvements and vision, this property could be a solid investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah D Williams,

    4 Success Realty, LLC

    Bought with:

    Caleb Hall

    Keller Williams

    Source: MAAR,MLS#: 10217921MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Area: 120
    • Dimensions: 10 x 12
    Bedroom 2
    • Area: 143
    • Dimensions: 11 x 13
    Bedroom 3
    • Area: 121
    • Dimensions: 11 x 11
    Dining room
    • Features: Separate Dining Room
    • Area: 96
    • Dimensions: 8 x 12
    Living room
    • Features: Separate Living Room
    • Area: 180
    • Dimensions: 12 x 15
    Den
    • Area: 220
    • Dimensions: 11 x 20
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
    • Flooring: Part Hardwood
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 1,366 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Faces Front
    • Has garage: Yes
    • Covered spaces: 1
    Features
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.57 Acres
    • Dimensions: 52 x 193
    • Features: Some Trees, Level
    Details
    • Parcel number: 077030 00020

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood/Composition
    • Roof: Composition Shingles
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Wrought Iron Security Drs
    Location
    • Region: Memphis
    • Subdivision: Lacey Mosbys Whitehaven Park 1st Addn

    Other

    Other facts
    • Price range: $80K - $80K
    • Listing terms: Conventional

    Price history

    DateEventPrice
    6/9/2026Sold$80,000+1.3%$59/sqft
    Source: MAAR #10217921 Report a problem
    5/22/2026Pending sale$79,000$58/sqft
    Source: MAAR #10217921 Report a problem
    5/6/2026Price change$79,000-12.2%$58/sqft
    Source: MAAR #10217921 Report a problem
    4/25/2026Pending sale$90,000$66/sqft
    Source: MAAR #10217921 Report a problem
    3/28/2026Listed for sale$90,000-9.1%$66/sqft
    Source: MAAR #10217921 Report a problem
    10/1/2024Listing removed$99,000$72/sqft
    Source: MAAR #10172880 Report a problem
    7/19/2024Price change$99,000-7.5%$72/sqft
    Source: MAAR #10172880 Report a problem
    5/22/2024Listed for sale$107,000+214.7%$78/sqft
    Source: MAAR #10172880 Report a problem
    8/19/2015Sold$34,000-15%$25/sqft
    Source: MAAR #9945907 Report a problem
    8/12/2015Listed for sale$40,000$29/sqft
    Source: 4 Success Realty, LLC #9945907 Report a problem
    4/9/2015Listing removed$40,000$29/sqft
    Source: 4 SUCCESS REALTY LLC #9945907 Report a problem
    4/2/2015Listing removed$725-3.3%$1/sqft
    Source: 4 Success Realty, LLC #9947344 Report a problem
    3/20/2015Listed for rent$750$1/sqft
    Source: 4 Success Realty, LLC #9947344 Report a problem
    2/26/2015Listed for sale$40,000+158.1%$29/sqft
    Source: 4 SUCCESS REALTY LLC #9945907 Report a problem
    10/28/2014Sold$15,500-6.1%$11/sqft
    Source: MAAR #9933253 Report a problem
    10/7/2014Price change$16,500-17.1%$12/sqft
    Source: Homepath #9933253 Report a problem
    9/6/2014Price change$19,900-24.9%$15/sqft
    Source: Homepath #9933253 Report a problem
    8/8/2014Listed for sale$26,500-26.5%$19/sqft
    Source: Fast Track Realty, LLC #9933253 Report a problem
    7/31/2014Sold$36,040$26/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,539 +28.4%$29,200 +60.4%
    2024$1,199 +8.1%$18,200
    2023$1,109 $18,200
    2022-- $18,200
    2021-- $18,200 +26.6%
    2020$459 $14,375
    2019$459 -21.1%$14,375
    2018$582 -45.1%$14,375
    2017$1,061 +101%$14,375 -7.4%
    2016$528 -16.4%$15,525
    2014$631 $15,525
    2013-- $15,525 -21.6%
    2012-- $19,800
    2011-- $19,800
    2010-- $19,800
    2009-- $19,800 +16.5%
    2008-- $17,000
    2007-- $17,000
    2006-- $17,000
    2005-- $17,000 +4%
    2004-- $16,350
    2003-- $16,350
    2002-- $16,350
    2001-- $16,350 +14.5%
    2000-- $14,275

    Find assessor info on the county website

    Neighborhood: White Haven-Coro Lake

    Nearby schools

    GreatSchools rating
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