Sold
Last Sold Price
2 beds776 sqft
1640 Russwood Rd, Memphis, TN 38108
Single FamilyProperty Type
0.18 acresLot Size
1952Year Built
$116/sq ftPrice per sq ft

Description

Price Improvement! Updated home with tenant on two-year lease paying $795 a month in year 1 and $850 in year 2. New roof, sewer inspected, updated kitchen, bathroom and Vinyl plank flooring. Our repairs and updates make this a great investment property to maximize cash flow. Can be bought individually or part of a package of fully renovated homes. Need a Quick Sell? Will take them "as is". Call listing agent for details. Do not disturb tenants. All showings granted upon accepted offer.Price Improvement! Updated home with tenant on two-year lease paying $795 a month in year 1 and $850 in year 2. New roof, sewer inspected, updated kitchen, bathroom and Vinyl plank flooring. Our repairs and updates make this a great investment property to maximize cash flow. Can be bought individually or part of a package of fully renovated homes. Need a Quick Sell? Will take them "as is". Call listing agent for details. Do not disturb tenants. All showings granted upon accepted offer.
  • Listed by: Andrew Akins • CB Properties of Memphis, LLC
Listing closed: 02/25/2025 12:00 AM • Source: MAARMLS, MLS#: 10187495

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Recent comparable sales

Median sold price

$80,000

Avg days on market

45

Sale-to-list ratio

93.7%

Memphis, TN

9 comparable properties found

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Location

Listing Courtesy of CB Properties of Memphis, LLC

Sold By CB Properties of Memphis, LLC

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Payment Calculator

$525 per month

30 year fixed, 7.03% Interest

Principal and Interest

$480

Property Taxes

$45

HOA Dues

$0

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Property Information for 1640 Russwood Road

Property Details
  • Taxes: $539 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 753A
  • Style: Traditional
  • MAAR Subdivision Name: THRIFTHAVEN
  • Legal Subdivision Name: THRIFTHAVEN
Building Information
  • Stories: 1
  • Year Built: 1952
  • Lot Size: 0.18 AC / 7,840 SF
Summary
Location and General Information
  • Address: 1640 RUSSWOOD RD
  • Address Search Number: 1640
  • Directions: North Wells Station. Right to Russwood.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 01-03-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: Berclair
  • Neighborhood Association: None
Parking
  • Parking Display: 0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 01-03-2025
Property
Lot Information
  • Lot Size: 55X150
  • Acreage: .18
  • Lot Num: 94
  • Lot Description: Level
  • Parcel ID: 053087 00027
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer
  • Misc Exterior: Porch
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 600-799
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Part Hardwood
  • Heating: Central
  • Living Room Dimensions: 12x11
  • Living/Dining/Kitchen: Other (See Remarks)
  • Total Baths: 1

Property History for 1640 Russwood Road

DateEvent & SourcePriceAppreciation
Feb 25, 2025

Sold

MAARMLS #10187495

$89,900—
Feb 21, 2025

Sold (Public Record)

Public Record #1552677536

$89,900—
Feb 17, 2025

Contract Signed

MAARMLS #10187495

—
DateEvent & SourcePrice
02/25/2025

Sold

MAARMLS #10187495

$89,900
02/21/2025

Sold (Public Record)

Public Record #1552677536

$89,900
02/17/2025

Contract Signed

MAARMLS #10187495

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1640 Russwood Road

Taxable ValueLand$4,000Additions$13,925Total$17,925
Tax Record2025$482 ($40 / month)
Home Facts
Beds2Baths1Total Finished SqFt748 SqFtAbove Grade Finished SqFt748 SqFtStories1Lot Size8,571 SqFtStyleSingle Family ResidenceYear Built1953Year Renovated1953ZoningR-6CountySHELBYAPN05-3087-0-0027

Schools near 1640 Russwood Road

This home is within Memphis-Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Wells Station Elementary School
PublicPK to 5

Kingsbury Middle School
Public6 to 8

Kingsbury High School
Public9 to 12

Westside Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1640 Russwood Road, Memphis, TN 38108
$89,900
2
776
7,840
$706,000
3
1
999
8,250
$40,000
3
915
7,840
–
2
1
1,172
8,233
$116,900
3
981
9,583
–
3
1
930
10,062

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Properties of Memphis, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.