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$19,000   Price Analysis
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60 E Fernwood Ave
Memphis, TN 38109
2 bed 1 bath unknown SqFt ($0/SqFt)
6,534SqFt lot. Built 1941
Listed 2024-05-16, Taxes $516		Ⓧ USDA Ineligible
due to location
near Memphis

Rehab Opportunity!

AS IS Court Ordered Receiver's Sale. Sale price will be determined by high bid at auction June 14, 2024, noon, at the SW corner steps of Shelby County Courthouse. Buyer must be approved by court prior to sale as a Qualified Buyer in order to bid.

Application to be certified as a Qualified Buyer must be submitted to Court no later than June 12, 2024 at noon. 10% du at conclusion of auction. Bond or repair funds escrowed at closing. Extra room could be 3rd BR.


Presented by Jerry G. Couloubaritsis at
Mid-South Realty, Inc.


Property MLS #10172466 from Memphis

Bedrooms: 2
Primary Bedroom Description: Level 1
Bedroom 2 Description: Level 1

Total Rooms: 5

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Interior Amenities: All Bedrooms Down, Full Bath Down, Primary Down, Heated SqFt Range: 1000-1199

Number of Fireplaces: 1

Lot Size Acres: 0.15
Lot Size Dimensions: 50X135
Lot Size Square Feet: 6534

Annual Tax Amount: 287
Source Listing Status: Active
County: Shelby
Directions: Ferndale is west of Third Street (Hwy 61) between Mallroy & Belz; home backs up to Belz Park.
Source Property Type: Residential
Area: South Memphis/61 Hwy
Source Neighborhood: NEW SOUTH MEMPHIS BLK 39
Subdivision: NEW SOUTH MEMPHIS BLK 39
Property Subtype: Detached Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$7,475 + $1,000
$8,475		$516
2021$7,475 + $1,000
$8,475		$522
2020$7,150 + $1,000
$8,150		$590
2019$7,150 + $1,000
$8,150		$590
2018$7,150 + $1,000
$8,150		$590
2017$7,150 + $1,000
$8,150		$334
2016$7,525 + $1,000
$8,525		$372
2015$7,525 + $1,000
$8,525		$372
2014$7,525 + $1,000
$8,525		$372
2013$7,525 + $1,000
$8,525		$373
2012$9,150 + $1,250
$10,400		$418
2010$9,150 + $1,250
$10,400		$418
2007$9,300 + $1,250
$10,550		$788
2006$9,300 + $1,250
$10,550		$788

Listed 2024-05-16
$19,000
Memphis

Year Built: 1941
Property Age: 83
Roof: Composition Shingles
Levels or Stories: 1
Structure Type: General Residential
House Style: Traditional
Year Built Details: Existing Property
SqFt Maximum: 1199
SqFt Minimum: 1000

Riverview Middle School is a public elementary and middle school located approximately 0.6 miles away.
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Hamilton High School is a public high school located approximately 2.6 miles away.
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Creative Life Preparatory School is a private elementary, middle and high school located approximately 1.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.