
1225 Merchant St Memphis, TN 38108
Vollintine Evergreen NeighborhoodEstimated payment $139/month
About This Home
BACK ON MARKET - Seller recently made several updates to make the property structurally sound again. This property still in need of a full cosmetic rehab and could be a great flip opportunity as well as a profitable rental investment. Walking distance to parks as well as close interstate access. Please do all due diligence and inspections before presenting an offer. Seller recently put on a brand new roof. Call Broker Bay for showing appointments and listing agent with any questions.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $192
Year Built
- Built in 1946
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x98
Home Design
- Traditional Architecture
Interior Spaces
- 600-799 Sq Ft Home
- 696 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Community Details
- Union Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 040044 00006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $192 | $5,650 | $1,000 | $4,650 |
2023 | $344 | $5,650 | $1,000 | $4,650 |
2022 | $344 | $5,650 | $1,000 | $4,650 |
2021 | $409 | $5,650 | $1,000 | $4,650 |
2020 | $341 | $4,700 | $1,000 | $3,700 |
2019 | $150 | $4,700 | $1,000 | $3,700 |
2018 | $150 | $4,700 | $1,000 | $3,700 |
2017 | $154 | $4,700 | $1,000 | $3,700 |
2016 | $206 | $4,725 | $0 | $0 |
2014 | $206 | $4,725 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/05/2025 04/05/25 | Price Changed | $22,000 | -4.3% | $37 / Sq Ft |
02/05/2025 02/05/25 | Price Changed | $23,000 | -11.5% | $38 / Sq Ft |
01/08/2025 01/08/25 | Price Changed | $26,000 | -13.0% | $43 / Sq Ft |
12/03/2024 12/03/24 | For Sale | $29,900 | 0.0% | $50 / Sq Ft |
12/03/2024 12/03/24 | Price Changed | $29,900 | +30.0% | $50 / Sq Ft |
11/08/2024 11/08/24 | Off Market | $23,000 | -- | -- |
10/08/2024 10/08/24 | For Sale | $23,000 | 0.0% | $38 / Sq Ft |
08/07/2024 08/07/24 | Pending | -- | -- | -- |
05/30/2024 05/30/24 | Price Changed | $23,000 | -11.5% | $38 / Sq Ft |
03/28/2024 03/28/24 | For Sale | $26,000 | -- | $43 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | $40,000 | Equity Title & Escrow Co | |
Quit Claim Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $30,000 | No Value Available | |
Closed | $10,000 | No Value Available |
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Source: Memphis Area Association of REALTORS®
MLS Number: 10168859

APN: 04-0044-0-0006
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