This two-bedroom, one-bathroom house is a prime investment opportunity. It needs cosmetic repairs but is sold as-is, making it a convenient project for investors. Located in a desirable neighborhood, with solid bones and potential for a great return on investment.
Sold for $23,000 on 07/12/24
$23,000
3054 Lotus Rd, Memphis, TN 38109
2beds
1,152sqft
Single Family Residence
Built in 1939
0.61 Acres Lot
$22,100 Zestimate®
$20/sqft
$867 Estimated rent
Home value
$22,100
$20,000 - $24,000
$867/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 15, 2024 at 07:16am
Listed by:
Audrey M Davis,
REMAX Experts
Bought with:
Patricia Padial
KAIZEN Realty, LLC
Source: MAAR,MLS#: 10171038
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Width: 0
Dining room
- Features: Separate Dining Room
- Width: 0
Kitchen
- Features: Eat-in Kitchen
Living room
- Features: Separate Living Room
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Other (See REMARKS)
Features
- All Bedrooms Down, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
- Flooring: Part Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,152 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
- Fencing: Wood
Lot
- Size: 0.61 Acres
- Dimensions: 82 x 328
- Features: Some Trees
Details
- Parcel number: 075005 00030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Wrought Iron Security Drs
Location
- Region: Memphis
- Subdivision: Belmont
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $23,000-20.7%$20/sqft |
Source:  MAAR #10171038 | ||
| 7/2/2024 | Pending sale | $29,000$25/sqft |
Source: MAAR #10171038 | ||
| 6/23/2024 | Price change | $29,000-23.7%$25/sqft |
Source: MAAR #10171038 | ||
| 5/15/2024 | Pending sale | $38,000$33/sqft |
Source: MAAR #10171038 | ||
| 4/26/2024 | Listed for sale | $38,000+12.1%$33/sqft |
Source: MAAR #10171038 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $364 +8.1% | $5,525 |
| 2023 | $337 | $5,525 |
| 2022 | -- | $5,525 |
Find assessor info on the county website
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 3/10Ford Road Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Chickasaw Junior High SchoolGrades: 6-8Distance: 2.4 mi
- 3/10Mitchell High SchoolGrades: 9-12Distance: 1.3 mi