$60,000
$10K PRICE DROP

1928 Cedarhurst Ave Memphis, TN 38127

Frayser Neighborhood

Estimated payment $360/month

Total Views 4,312
2 Beds
1 Bath
800-999 Sq Ft
$60 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating
  • 1-Story Property

About This Home

This 2-bedroom, 1-bath home offers a fantastic opportunity for investors. With previous rents at $788/month, it’s already proven to generate income, making it a solid investment option. The home features a practical layout, spacious yard, and close access to local amenities. This property is ideal for those who want to renovate and add value or move in and make it their own at an affordable price. Owner financing is not an option for this property. If you’re looking for your next investment, this property has plenty of potential! Property will not go the way of traditional financing, cash only. Other property available is 1940 Pinedale.

Listing Agent

Erik VanLonkhuysen

Fast Track Realty, LLC License #378497

Co-Listing Agent

Lauren Vinson

Fast Track Realty, LLC License #343119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $299

Year Built

  • Built in 1931

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 53x179

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 800-999 Sq Ft Home
  • 864 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating

Community Details

  • Rugby 3Rd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070095 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$299

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727C
  • MAAR Subdivision Name: RUGBY 3RD ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 864
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 800-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Number: W PT 560
  • Acreage: 0.19
  • Lot Size: 53X179
  • Price Per Acre: 315789
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 070095 00011

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $299 $8,825 $1,250 $7,575
2023 $538 $8,825 $1,250 $7,575
2022 $538 $8,825 $1,250 $7,575
2021 $544 $8,825 $1,250 $7,575
2020 $422 $5,825 $1,250 $4,575
2019 $186 $5,825 $1,250 $4,575
2018 $186 $5,825 $1,250 $4,575
2017 $191 $5,825 $1,250 $4,575
2016 $255 $5,825 $0 $0
2014 $255 $5,825 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Price Changed $60,000 -7.7% $75 / Sq Ft
03/11/2025 03/11/25 Price Changed $65,000 -7.1% $81 / Sq Ft
01/29/2025 01/29/25 For Sale $70,000 +79.5% $88 / Sq Ft
11/10/2022 11/10/22 Sold $39,000 -22.0% $390 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $50,000 -- $500 / Sq Ft
Source: Memphis Area Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $39,000 Southern Trust Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $77,250 New Conventional
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Previous Owner $8,664 Unknown
Previous Owner $8,000 Unknown
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10188994

Memphis Area Association of REALTORS®

APN: 07-0095-0-0011