3054 Lotus Road

Memphis, TN 38109

$38,000
Price
2
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

This two-bedroom, one-bathroom house is a prime investment opportunity. It needs cosmetic repairs but is sold as-is, making it a convenient project for investors. Located in a desirable neighborhood, with solid bones and potential for a great return on investment.This two-bedroom, one-bathroom house is a prime investment opportunity. It needs cosmetic repairs but is sold as-is, making it a convenient project for investors. Located in a desirable neighborhood, with solid bones and potential for a great return on investment.
  1. Listed by Audrey Davis • REMAX Experts

Property Details for 3054 Lotus Road

Area
762A
Style
Traditional
MAAR Subdivision Name
BELMONT
Legal Subdivision Name
BELMONT

Location

Listing Courtesy of REMAX Experts
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LISTING UPDATED: 04/26/2024 02:23 PM

Property Details for 3054 Lotus Road

StatusActive
MLS #10171038
Days on Market10
Taxes$336 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1939
Lot Size0.61 AC / 26,571 SF
CountyShelby County

Location

Listing Courtesy of REMAX Experts
Add your commute

Building Information for 3054 Lotus Road

Stories1Year Built1939Building Size-Lot Size0.61 AC / 26,571 SF

Payment Calculator

$235 per month

30 year fixed, 7.25% Interest

Principal and Interest

$207

Property Taxes

$28

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3054 Lotus Road

Summary
Location and General Information
  • Address: 3054 LOTUS RD
  • Address Search Number: 3054
  • Directions: South on Hwy 61; Right on Peebles; Left on Lotus
  • Map Coordinate: A
  • MLS Map Num: Mitchell/Westwood
  • Neighborhood Association: None
Parking
  • Parking Display: 0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 04-26-2024
Property
Lot Information
  • Lot Size: 82X328
  • Acreage: .61
  • Lot Num: 60
  • Lot Description: Some Trees, Wood Fenced
  • Parcel ID: 075005 00030
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Other (See REMARKS)
  • Water & Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Vinyl Siding
  • Misc Exterior: Wrought Iron Security Drs
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • 1st Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1000-1199
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0
  • Dining Room Dimensions: 0
  • Floors/Ceilings: Part Carpet
  • Heating: Central
  • Living Room Dimensions: 0
  • Living/Dining/Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Total Baths: 1

Property History for 3054 Lotus Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3054 Lotus Road

Taxable ValueLand$1,525Additions$4,000Total$5,525
Tax Record2022$337 ($28 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,164 SqFtAbove Grade Finished SqFt1,164 SqFtStories1Lot Size26,877 SqFtStyleSingle Family ResidenceYear Built1938ZoningR-6CountySHELBYAPN075-005- - -00030Fireplace TypeHas Fireplace

Schools near 3054 Lotus Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Ford Road Elementary School
PublicPK to 5

Chickasaw Junior High School
Public6 to 8

Mitchell High School
Public9 to 12

Southwest Career And Technical School
Public10 to 12

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.

Similar Homes

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Similar Sold Homes

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3054 Lotus Road is a single family home for sale in Memphis, TN 38109. This property was listed for sale on April 26, 2024 by REMAX Experts, it's currently listed at $38,000. It has been on the market for a total of 10 days and was last sold on March 31, 2023. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Ford Road Elementary School, Chickasaw Junior High School and Mitchell High School. 3054 Lotus Road is a 2-bed, 1-bath, single family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REMAX Experts