Corporate owned home selling as-is. Great opportunity for 3 bedroom under $100K in fantastic area. Must have commitment letter with alll offers for a loan or proof of funds for cash offers.
Single-familyProperty Type
1954Year Built
7,500 sq ftLot Size
$127Est. Price/Sq.Ft.
1 spaceParking
Listed by Jimmie Tapley• Crye-Leike, Inc., REALTORS
Bought with Lila Mehdian• Crye-Leike, Inc., REALTORS
Source:Memphis Area Association of Realtors(R) MLS #3153121
Redfin Estimate
$130,549
$4,818 since sold in October 2022$8,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 24.6% lower than the average sale price ($173K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #3153121
Dec 5, 2008
Sold
$88,500
$86/sq ft
Sep 15, 2008
Listed
$89,900
$88/sq ft
Corporate owned home selling as-is. Great opportunity for 3 bedroom under $100K in fantastic area. Must have commitment letter with alll offers for a loan or proof of funds for cash offers.
Memphis Area Association of Realtors(R) MLS #3118140
Oct 31, 2007
Sold
$113,000
$110/sq ft
Sep 19, 2007
Listed
$109,900
$107/sq ft
+4
Another beautiful home by Chris Miller! New roof, new central heat & a/c, new kitchen tile, newly refinished hardwood floors through out home!! Great School district. Walking distance to Whitestation schools! Great starter home!
Public Records
Sep 14, 2006
Sold
$84,000
$82/sq ft
Memphis Area Association of Realtors(R) MLS #1419455
Sep 21, 2001
Sold
$59,000
$58/sq ft
Sep 13, 2001
Listed
$69,900
$68/sq ft
Public Records
Aug 21, 1970
Sold
$13,900
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,962 (−8.3%)
$10,000 + $27,225
$37,225
2024
$2,140 (+8.1%)
$10,000 + $27,225
$37,225
2023
$1,980
$5,900 + $26,600
$32,500
2022
$1,980 (−1.2%)
$5,900 + $26,600
$32,500
2021
$2,003 (+30.2%)
$5,900 + $26,600
$32,500
2020
$1,538
$5,900 + $26,600
$32,500
2019
$1,538
$4,800 + $16,425
$21,225
2018
$1,538 (+76.3%)
$4,800 + $16,425
$21,225
2017
$872 (−0.9%)
$4,800 + $16,425
$21,225
2016
$880
$4,800 + $16,425
$21,225
2014
$880
$5,550 + $14,600
$20,150
Tax history for 418 Malboro Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,962 (−8.3%)
$10,000 + $27,225
$37,225
2024
$2,140 (+8.1%)
$10,000 + $27,225
$37,225
2023
$1,980
$5,900 + $26,600
$32,500
2022
$1,980 (−1.2%)
$5,900 + $26,600
$32,500
2021
$2,003 (+30.2%)
$5,900 + $26,600
$32,500
2020
$1,538
$5,900 + $26,600
$32,500
2019
$1,538
$4,800 + $16,425
$21,225
2018
$1,538 (+76.3%)
$4,800 + $16,425
$21,225
2017
$872 (−0.9%)
$4,800 + $16,425
$21,225
2016
$880
$4,800 + $16,425
$21,225
2014
$880
$5,550 + $14,600
$20,150
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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 mechanical
Install a new furnace in a residential building.
HVAC
Oct 7, 2020 • Final
Residential mechanical
Remove and replace a water heater.
Plumbing
Water heater
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.
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: MARY LOU HEIGHTS
Living Sq. Ft: 1,025
Ground Floor Sq. Ft: 1,025
Building Sq. Ft: 1,025
# of Stories: 1
Stories Type: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,500
Legal Lot Number: 92
Municipality Name: MEMPHIS
Acres: 0.1722
Depth Footage: 125
Front Footage: 60
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Utility Information
Utility Type: Gas Available
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,025
Stories: 1.0
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Shelby County
APN: 068063 00010
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Richland Elementary School
Public PreK-5 • Assigned • 0.4mi
9/10
White Station Middle School
Public 6-8 • Assigned • 0.2mi
8/10
White Station High School
Public 9-12 • Assigned • 2.3mi
8/10
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 110° expected this year, 21 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38120
Average low and high temperatures (°F)
47
30
58
38
72
50
78
58
79
63
89
72
93
77
90
71
88
67
78
56
66
49
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$125,000 – $151,000
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