Corporate owned home selling as is. Great opportunity for a 3 bedroom 1 bath home that needs work but can be a super investment or family home. Seller will not turn on any utilities. Priced far below market to sell now. Must have proof of funds with all offers. NO OFFERS BY INVESTORS CAN BE CONSIDERED FOR THE FIRST 20 DAYS OF LISTING THIS PROPERTY.
Memphis Area Association of Realtors(R) MLS #10085093
Nov 13, 2020
Sold
$52,575
$53/sq ft
Oct 14, 2020
Price Changed
$49,900
$51/sq ft
Sep 17, 2020
Listed
$54,900
$56/sq ft
+4
Corporate owned home selling as is. Great opportunity for a 3 bedroom 1 bath home that needs work but can be a super investment or family home. Seller will not turn on any utilities. Priced far below market to sell now. Must have proof of funds with all offers. NO OFFERS BY INVESTORS CAN BE CONSIDERED FOR THE FIRST 20 DAYS OF LISTING THIS PROPERTY.
Memphis Area Association of Realtors(R) MLS #1
Aug 17, 2020
Price Changed
$59,900
$61/sq ft
Jul 18, 2020
Price Changed
$64,900
$66/sq ft
Memphis Area Association of Realtors(R) MLS #2500474
Jun 14, 2002
Sold
$61,800
$63/sq ft
Jan 5, 2002
Listed
$59,500
$60/sq ft
Public Records
Oct 30, 1967
Sold
$12,400
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,273 (+21.6%)
$4,075 + $20,075
$24,150
2024
$1,047 (+8.1%)
$4,075 + $20,075
$24,150
2023
$969
$3,000 + $12,900
$15,900
2022
$969 (−1.2%)
$3,000 + $12,900
$15,900
2021
$980 (+12.5%)
$3,000 + $12,900
$15,900
2020
$871
$3,000 + $12,900
$15,900
2019
$871
$3,000 + $9,025
$12,025
2018
$871 (+76.3%)
$3,000 + $9,025
$12,025
2017
$494 (−8.6%)
$3,000 + $9,025
$12,025
2016
$541
$3,000 + $9,025
$12,025
2014
$541
$3,000 + $9,400
$12,400
Tax history for 4231 Arrowhead Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,273 (+21.6%)
$4,075 + $20,075
$24,150
2024
$1,047 (+8.1%)
$4,075 + $20,075
$24,150
2023
$969
$3,000 + $12,900
$15,900
2022
$969 (−1.2%)
$3,000 + $12,900
$15,900
2021
$980 (+12.5%)
$3,000 + $12,900
$15,900
2020
$871
$3,000 + $12,900
$15,900
2019
$871
$3,000 + $9,025
$12,025
2018
$871 (+76.3%)
$3,000 + $9,025
$12,025
2017
$494 (−8.6%)
$3,000 + $9,025
$12,025
2016
$541
$3,000 + $9,025
$12,025
2014
$541
$3,000 + $9,400
$12,400
*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
3
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
120 ft.
Lot size
7,200 Sq. Ft.
Year renovated
—
Sq. Ft.
985
Year built
1967
Style
Single Family Residential
County
Shelby County
APN
073022 C00024
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
Mar 12, 2021 • Final
Residential electrical
Install electrical wiring for a house with a 150 amp service.
Electrical
Jan 29, 2021 • Final
Residential mechanical
Perform a gas line air pressure test.
Gas
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
Parking
Parking Information
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Central, Natural Gas
Has Cooling
Cooling Information: Central Air
Interior Features
Flooring: Wood
Exterior
Exterior Features
Patio And Porch Features: Porch
Fencing: Chain Link
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Dimensions: 60X120
Financial
Tax Information
Tax Annual Amount: $871
Utilities
Utility Information
Utilities: Natural Gas Available
Location
Location Information
Directions: Take Perkins to Knight Arnold turn west to Cherry turn north to Arrowhead turn west to house
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 985
Stories: 1.0
Lot Size: 7,200 square feet
Style: Single Family Residential
Year Built: 1967
Year Renovated: —
County: Shelby County
APN: 073022 C00024
Home facts updated by county records on Jul 13, 2026
Other
Home Information
Living Area: 985
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 985
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Parkway Village Elementary
Public PreK-5 • Assigned • 0.3mi
5/10
American Way Middle School
Public 6-8 • Assigned • 0.8mi
6/10
Sheffield High School
Public 9-12 • Assigned • 0.7mi
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
20% 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 • 38118
Average low and high temperatures (°F)
48
30
58
38
72
50
78
58
79
63
89
72
93
77
90
72
86
68
78
57
66
49
55
40
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
$103,000 – $124,000
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