INVESTOR SPECIAL!! Cute 1BR/1BA home located in Southwest Memphis area off of Lotus Rd near U. S. 61 South. This quaint home has Primary Bedroom, shared Bathroom, Kitchen, Living Room and a small Sunroom off of the rear of the home with it's own small storage area as well. Lot is 0.6 Acres with a larger front yard and a smaller back yard. It is close to shopping and restaurants off of U. S. 61 as well. Home would be a great investment for those looking to buy more properties or 1st time homebuyer.
Single-familyProperty Type
1933Year Built
0.6 acresLot Size
Listed by Edwin Scruggs• BHHS Taliesyn Realty
Listed by Donna Scruggs• BHHS Taliesyn Realty
Bought with Raychel Day• C21 Patterson & Assoc. Real Es
Memphis Area Association of Realtors(R) MLS #10170839
Sep 5, 2025
Sold
$35,000
Apr 18, 2025
Price Changed
$42,000
Sep 6, 2024
Price Changed
$52,000
Apr 24, 2024
Listed
$55,800
Memphis Area Association of Realtors(R) MLS #1
Nov 23, 2023
Price Changed
$55,800
Memphis Area Association of Realtors(R) MLS #10127408
Jul 15, 2022
Sold
$53,000
Jun 26, 2022
Listed
$53,580
GREAT QUIET STREET, AS-IS, HUGE LOT, INVESTORS CALL. * * Tenant Occupied * * Please do not disturb the tenant. Back room off kitchen can be a bedroom. Huge Lot! Lot is over an 1/2(half) acre. LET'S MAKE A DEAL!!! OWNER READY TO SELL1 CALL NOW. Make offers contingent upon showing.
Memphis Area Association of Realtors(R) MLS #3165991
May 18, 2009
Sold
$8,000
Mar 10, 2009
Listed
$22,000
Public Records
May 23, 1991
Sold
$7,500
Year
Property tax
Land + Additions
Assessment*
2025
$482 (+80.8%)
$2,425 + $6,725
$9,150
2024
$267 (+8.1%)
$2,425 + $6,725
$9,150
2023
$247
$1,525 + $2,525
$4,050
2022
$247 (−1.2%)
$1,525 + $2,525
$4,050
2021
$250 (−45.3%)
$1,525 + $2,525
$4,050
2020
$457
$1,525 + $2,525
$4,050
2019
$457
$1,525 + $4,775
$6,300
2018
$457 (+76.3%)
$1,525 + $4,775
$6,300
2017
$259 (−5.8%)
$1,525 + $4,775
$6,300
2016
$275
$1,525 + $4,775
$6,300
2014
$275
$1,525 + $4,775
$6,300
Tax history for 2965 Lotus Rd
Year
Property tax
Land + Additions
Assessment*
2025
$482 (+80.8%)
$2,425 + $6,725
$9,150
2024
$267 (+8.1%)
$2,425 + $6,725
$9,150
2023
$247
$1,525 + $2,525
$4,050
2022
$247 (−1.2%)
$1,525 + $2,525
$4,050
2021
$250 (−45.3%)
$1,525 + $2,525
$4,050
2020
$457
$1,525 + $2,525
$4,050
2019
$457
$1,525 + $4,775
$6,300
2018
$457 (+76.3%)
$1,525 + $4,775
$6,300
2017
$259 (−5.8%)
$1,525 + $4,775
$6,300
2016
$275
$1,525 + $4,775
$6,300
2014
$275
$1,525 + $4,775
$6,300
*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
Permits
Beds
2
Baths
1
Stories
1
Lot width
80 ft.
Lot depth
324 ft.
Lot size
0.6 Acres
Year renovated
—
Sq. Ft.
806
Year built
1933
Style
Single Family Residential
County
Shelby County
APN
075002 00090
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-6
Residential Single Family-6 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. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 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
Oct 7, 2020 • Final
Residential electrical
Repair the ground wire as required by a safety inspection.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Directions: Take I-240 or I-55 towards U. S. 61 South. Exit U. S. 61 South towards Wall, MS. Turn right onto E. Peebles Rd and head west until you reach Lotus Road. Turn right onto Lotus Road. House is on the left side of the road.
MAAR Subdivision Name: BELMONT
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 806
Stories: 1.0
Lot Size: 0.6 acres
Style: Single Family Residential
Year Built: 1933
Year Renovated: —
County: Shelby County
APN: 075002 00090
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Ford Road Elementary School
Public PreK-5 • Assigned • 1.1mi
3/10
Chickasaw Junior High School
Public 6-8 • Assigned • 2.6mi
4/10
Mitchell High School
Public 9-12 • Assigned • 1.3mi
3/10
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, 19 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
85
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
$55,000 – $67,000
Sell confidently with a local market expert in Memphis. 3 minutes to get started.
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2024. This data may not match public records. Learn more.