$58,000
$22K PRICE DROP

573 Stephens Place Memphis, TN 38126

South Memphis Neighborhood

Estimated payment $340/month

Total Views 2,585
3 Beds
1 Bath
1,200-1,399 Sq Ft
$41 Price per Sq Ft

About This Home

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Listing Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $206

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x137

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,280 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Divine Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025021 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$206

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 745E
  • MAAR Subdivision Name: DIVINE HILL
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1280
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 16
  • Acreage: 0.15
  • Lot Size: 50X137
  • Price Per Acre: 386667
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 025021 00006

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $206 $6,075 $875 $5,200
2023 $370 $6,075 $875 $5,200
2022 $370 $6,075 $875 $5,200
2021 $440 $6,075 $875 $5,200
2020 $371 $5,125 $875 $4,250
2019 $164 $5,125 $875 $4,250
2018 $164 $5,125 $875 $4,250
2017 $168 $5,125 $875 $4,250
2016 $224 $5,125 $0 $0
2014 $224 $5,125 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $58,000 -10.8% $48 / Sq Ft
03/04/2025 03/04/25 Price Changed $65,000 -9.7% $54 / Sq Ft
01/06/2025 01/06/25 Price Changed $72,000 -10.0% $60 / Sq Ft
11/14/2024 11/14/24 For Sale $80,000 +4.2% $67 / Sq Ft
12/15/2022 12/15/22 Sold $76,785 0.0% $64 / Sq Ft
10/27/2022 10/27/22 For Sale $76,785 -- $64 / Sq Ft
Source: Memphis Area Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $75,892 Foundation Title & Escrow
Quit Claim Deed -- None Available
Warranty Deed $1,530,000 None Available
Warranty Deed -- None Available
Warranty Deed $1,404,800 None Available
Special Warranty Deed $34,000 Resource Title Agency Of Tn
Trustee Deed $22,400 None Available
Warranty Deed $72,000 Equity Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,330,000 Purchase Money Mortgage
Previous Owner $32,250 Purchase Money Mortgage
Previous Owner $64,800 Purchase Money Mortgage
Source: Public Records

Similar Homes in Memphis, TN

  • 1479 Estill St, Memphis, TN 38109

    $62,500

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 1479 Estill St
    • Memphis, TN

    PRICE IMPROVEMENT!! Property being sold AS-IS! This home is a 3BD/1BA on a huge lot! There is a room addition that could be a 4th bedroom! Just needs a little TLC! Call for an appointment!

    Renee Rucker KAIZEN Realty, LLC

    Section Image
  • 358 Fields Ave, Memphis, TN 38109

    $74,900

    • 4 Beds
    • 1.5 Baths
    • 2,200+ Sq Ft
    • 358 Fields Ave
    • Memphis, TN

    Investor Special!!! Unlock the potential of this spacious two-story home in the Riverside neighborhood of South Memphis. Featuring 4 bedrooms and 2 baths with over 2,000 sq ft of living space and a very large backyard. The perfect location for your next project comes with many rehab updates waiting to be completed in the kitchen, bathrooms, and living space such as tile flooring, new shower

    Keino Spring Harris & Harris Realty Group

    Section Image
  • 79 E Davant Ave, Memphis, TN 38109

    $50,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 79 E Davant Ave
    • Memphis, TN

    "Investor’s Dream or DIY Enthusiast’s Opportunity! This charming 2-bedroom, 1-bath home offers endless potential for those looking for a project. With some TLC and elbow grease, this property can be transformed into a stunning home or a great investment. Featuring a functional layout, spacious rooms, and a prime location, it’s perfect for buyers ready to put their personal touch on every detail.

    Tina Andrade Fast Track Realty, LLC

    Section Image
  • 2403 Golden Ave, Memphis, TN 38108

    $45,000

    • 3 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 2403 Golden Ave
    • Memphis, TN

    Income producing investment property . Long term tenant wants to stay.

    Tina Andrade Fast Track Realty, LLC

    Section Image
  • 3223 Guernsey Ave, Memphis, TN 38112

    $50,000

    • 2 Beds
    • 1 Bath
    • 1,640 Sq Ft
    • 3223 Guernsey Ave
    • Memphis, TN

    Looking for a DIY project? Look no further. FULL RENOVATION NEEDED! Duplex sitting on a corner lot.

    Christopher Lucas Regency Realty, LLC

    Section Image
  • 2540 Calvert Ave, Memphis, TN 38108

    $60,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 2540 Calvert Ave
    • Memphis, TN

    Property Investment Opportunity: 2 Bed, 1 Bath Home This charming 2-bedroom, 1-bathroom home is a fantastic addition to your real estate portfolio! Tenant-occupied and currently income-producing, it offers steady cash flow. With a reliable tenant in place, this property provides a hassle-free investment opportunity.

    Tina Andrade Fast Track Realty, LLC

    Section Image
  • 3177 Madeline Cir, Memphis, TN 38127

    $49,500

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 3177 Madeline Cir
    • Memphis, TN

    3-bedroom, 1-bath ranch-style home with endless potential! Featuring an open floor plan, this home is perfect for creating the space of your dreams. The large backyard offers plenty of room for entertaining and relaxing. This property does need some TLC but is full of possibilities for the right buyer. Don't miss out on this great opportunity to make it your own! SOLD AS-IS!! Insured Escrow.

    Michael Tally Tally Real Estate Group, LLC

    Section Image
  • 1693 Wells Station Rd, Memphis, TN 38108

    $74,999

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 1693 Wells Station Rd
    • Memphis, TN

    HUGE PRICE REDUCTION !!! 2/1 Rental In Great Condition. Currently has month to month tenant paying $720 a month. Would like to stay. Furnace approx. 2 years old. Property being sold as-is all appliances are tenants. Occupied no entry without accepted offer.

    Andrea Moore Groome & Co.

    Section Image
See All Homes in Memphis

Source: Memphis Area Association of REALTORS®

MLS Number: 10185242

Memphis Area Association of REALTORS®

APN: 02-5021-0-0006

Tennessee Shelby County Memphis 38126 South Memphis

573 Stephens Place, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 573 Stephens Place, Memphis, TN 38126 and is currently priced at $58,000, approximately $41 per square foot. This property was built in 1922. 573 Stephens Place is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Soulsville Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Dean Harris
Listing Agent
Dean Harris
Section Image
CrestCore Realty MphsBrokerage
(901) 673-5482