81 E Fernwood Ave, Memphis, TN, 38109

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81 E Fernwood Ave, Memphis$130,000

Buyer Closing Credits

$1,544^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1947

HeatingCentral

CoolingCentral Air

WaterfrontOther

MLS #10187160

Lot Size0.18 Acres

StatusActive

About 81 E Fernwood Ave

Currently rented $1350 per month. Fully remodeled Top to Bottom, Inside and Out- New Roof, Windows, exterior paint, HVAC, Furnace, Wood fence, Porch post & railings and doors. Interior- New interior Doors, New Kitchen and bathrooms, flooring, Paint, stair treads and carpet. Great Investment and addition to your portfolio, growing market! Contact Brett Bernard for more information. Do NOT disturb tenant. Appraised for $158K 12-30-2024.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1947
• Stories: 2

Listing Office:

• Office Name: The Stamps Real Estate Company

Interior Features

Interior Information:

• Flooring Type: Part Hardwood, Part Carpet, Tile

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Waterfront: Other
• Exterior: Porch, Wood Fence

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Landscaped, Fencing, Other
• Lot Size: 0.18 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: Going east on E Mallory, take a right onto Shelby Street. Take a right onto E. Fernwood. Property is on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $130,000

Tax Information:

• Annual Amount: $661
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

81 E Fernwood Ave vs Memphis

8 DAYS ON ROCKET

-59 Days

$130,000

-$60.5K Less

KEY TAKEAWAY

This property is $60.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

• MLS Number: #10187160

Listing Office:

• Office Name: The Stamps Real Estate Company

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 10, 2015	Mar 10, 2015Home Sold	$12,000
Nov 03, 2014	Nov 03, 2014Home Sold	$17,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$661	$9,125
2020	$635	$8,775
2019	$635	$8,775
2018	$361	$8,775
2017	$401	$8,775

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38109›81 E Fernwood Ave

This home is located at 81 E Fernwood Ave in Memphis, TN and zip code 38109 in the Mallory Heights neighborhood. This home, which was built in 1947, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $130,000.

In December 2024 more than 61 listings in Memphis, TN were sold above the asking price. During the same period more than 97 listings were sold at asking price, while more than 237 were sold below. Between November 2024 and December 2024, Memphis, TN real estate market has seen increase in the number of listings by 1.5%. The median list price of listings available in December 2024 was $190,593, while the average time on the real estate market was 67 days.

From Rocket Homes Real Estate and based on county public records data.