What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.
Single-familyProperty Type
1972Year Built
7,320 sq ftLot Size
$66Est. Price/Sq.Ft.
1 spaceParking
Listed by Dean Harris• CrestCore Realty MphsBrokerage
Bought with Melissa Wilbanks• Crye-Leike, Inc., REALTORS
Source:Memphis Area Association of Realtors(R) MLS #10150931
Redfin Estimate
$82,605
$41K since sold in July 2024$4,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16.7% lower than the average sale price ($99K) of 6 comparable homes.
TENANT OCCUPIED. TENANT IS PAYING $595 PER MONTH. HE HAS 4 MONTHS LEFT ON LEASE. NEIGHBORHOOD RENTS FOR $850 TO $1000 PER MONTH EASY.PLEASE DO NOT DISTURB THE TENANT.
Public Records
Jul 2, 2024
Sold
$124,000
$99/sq ft
Memphis Area Association of Realtors(R) MLS #10150931
Aug 21, 2023
Sold
$57,500
$46/sq ft
Jul 24, 2023
Price Changed
$60,000
$48/sq ft
Jul 13, 2023
Price Changed
$65,000
$52/sq ft
Jun 26, 2023
Listed
$70,000
$56/sq ft
What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.
Public Records
Mar 21, 2022
Sold
$64,500
$51/sq ft
Memphis Area Association of Realtors(R) MLS #10115820
Mar 20, 2022
Sold
$71,000
$57/sq ft
Jan 21, 2022
Price Changed
$79,000
$63/sq ft
Jan 16, 2022
Listed
$85,000
$68/sq ft
Memphis Area Association of Realtors(R) MLS #3200781
Jul 23, 2010
Sold
$9,900
$8/sq ft
Jun 7, 2010
Listed
$9,900
$8/sq ft
Public Records
Mar 21, 2000
Sold
$34,500
$28/sq ft
Public Records
May 22, 1998
Sold
$37,853
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$602 (+36.1%)
$2,000 + $20,375
$22,375
2024
$442
$2,000 + $20,375
$22,375
2023
$442
$1,475 + $11,575
$13,050
2022
$442 (−1.7%)
$1,475 + $11,575
$13,050
2021
$450 (+26.3%)
$1,475 + $11,575
$13,050
2020
$356
$1,475 + $11,575
$13,050
2019
$356
$1,475 + $7,325
$8,800
2018
$356 (−1.5%)
$1,475 + $7,325
$8,800
2017
$362 (+4.5%)
$1,475 + $7,325
$8,800
2016
$346
$1,475 + $7,325
$8,800
Tax history for 5140 N Circle Rd
Year
Property tax
Land + Additions
Assessment*
2025
$602 (+36.1%)
$2,000 + $20,375
$22,375
2024
$442
$2,000 + $20,375
$22,375
2023
$442
$1,475 + $11,575
$13,050
2022
$442 (−1.7%)
$1,475 + $11,575
$13,050
2021
$450 (+26.3%)
$1,475 + $11,575
$13,050
2020
$356
$1,475 + $11,575
$13,050
2019
$356
$1,475 + $7,325
$8,800
2018
$356 (−1.5%)
$1,475 + $7,325
$8,800
2017
$362 (+4.5%)
$1,475 + $7,325
$8,800
2016
$346
$1,475 + $7,325
$8,800
*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
Jan 21, 2025 • Final
Residential plumbing
Work on an installation.
Plumbing
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
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 6
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: BRECKENWOOD
Living Sq. Ft: 1,254
Ground Floor Sq. Ft: 1,254
Building Sq. Ft: 1,254
# of Stories: 1
Stories Type: 1
Legal Description: NES CIRCLE RD 81.025FT SE OF BRADEN DR
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 200
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,320
Legal Lot Number: 98&97
Municipality Name: SHELBY COUNTY
Acres: 0.168
Depth Footage: 120
Front Footage: 61
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,254
Stories: 1.0
Lot Size: 7,320 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: —
County: Shelby County
APN: D0134 H00048C
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Northaven Elementary School
Public PreK-8 • Assigned • 0.1mi
5/10
Trezevant High School
Public 9-12 • Assigned • 4.9mi
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, 21 days in 30 years
4/10 Wind Factor
13% 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 • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
90
69
85
66
77
55
65
48
53
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 10% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$79,000 – $95,000
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