Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1,095 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Memphis Area Association of Realtors(R) MLS #10118293
Apr 27, 2022
Sold
$145,900
$91/sq ft
Feb 23, 2022
Listed
$145,900
$91/sq ft
Public Records
Jul 18, 1973
Sold
$23,677
$15/sq ft
Public Records
Jan 24, 1971
Sold
$22,599
$14/sq ft
Public Records
Mar 28, 1969
Sold
$20,400
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,353 (+27.6%)
$4,300 + $40,350
$44,650
2024
$1,844 (+8.1%)
$4,300 + $40,350
$44,650
2023
$1,706 (+37.3%)
$3,475 + $24,525
$28,000
2022
$1,243 (−1.2%)
$3,475 + $24,525
$28,000
2021
$1,257 (+9.0%)
$3,475 + $16,925
$20,400
2020
$1,154
$3,475 + $16,925
$20,400
2019
$1,154
$3,475 + $12,450
$15,925
2018
$1,154 (+76.3%)
$3,475 + $12,450
$15,925
2017
$655 (+3.4%)
$3,475 + $12,450
$15,925
2016
$633
$3,475 + $12,450
$15,925
2014
$633
$3,475 + $11,025
$14,500
Tax history for 124 Ivan Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,353 (+27.6%)
$4,300 + $40,350
$44,650
2024
$1,844 (+8.1%)
$4,300 + $40,350
$44,650
2023
$1,706 (+37.3%)
$3,475 + $24,525
$28,000
2022
$1,243 (−1.2%)
$3,475 + $24,525
$28,000
2021
$1,257 (+9.0%)
$3,475 + $16,925
$20,400
2020
$1,154
$3,475 + $16,925
$20,400
2019
$1,154
$3,475 + $12,450
$15,925
2018
$1,154 (+76.3%)
$3,475 + $12,450
$15,925
2017
$655 (+3.4%)
$3,475 + $12,450
$15,925
2016
$633
$3,475 + $12,450
$15,925
2014
$633
$3,475 + $11,025
$14,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1
Lot width
116 ft.
Lot depth
170 ft.
Lot size
0.44 Acres
Year renovated
2009
Sq. Ft.
1,647
Year built
1959
Style
Single Family Residential
County
Shelby County
APN
076034 00035
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-10
Residential Single-Family-10 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 ft from a CMU-1, CMU-2, CMU-3 or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Primary Bedroom: Level 1
Bedroom 2 Description: Level 1
Bedroom 3 Description: Level 1
Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bathrooms (Full): 1
# of Bathrooms (1/2): 1
Interior Features
# of Fireplaces: 1
# of Rooms: 7
# of Stories: 1
1st Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bathroom
Floors/Ceilings: Wood Laminate Floors, Tile
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Updated/Renovated Kitchen
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Brick Veneer, Wood/Composition
Foundation: Slab
Roof: Composition Shingles
Land Information
Acreage: 0.43
Lot Information
Parcel ID: 076034 00035
Lot #: 1
Lot Size: 116X170
Lot Description: Some Trees
Area: 763E
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1600-1799
Year Built: 1959
Financial
Tax Information
Annual City Tax: $509
Annual County Tax: $645
Financing
Buyer Contributions: 0
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Get on I-240 W from N Mendenhall Rd 5 min (2.2 mi) Continue on I-240 W to US-61 S/S 3rd St. Take exit 7 from I-55 N 15 min (15.6 mi) Continue on US-61 S/S 3rd St. Take Neely Rd to Ivan Rd
MAAR Subdivision Name: REDWOOD VILLAGE
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,647
Stories: 1.0
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 2009
County: Shelby County
APN: 076034 00035
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Westhaven Elementary School
Public PreK-5 • Assigned • 1.2mi
6/10
A. Maceo Walker Middle School
Public 6-8 • Assigned • 3.3mi
6/10
Fairley High School
Charter 9-12 • Assigned • 1.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
87
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$153,000 – $185,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2022. This data may not match public records. Learn more.