$299,000

504 Philwood Cv Memphis, TN 38122

$3,551
Closing credit¹
2 beds
1 full
0.2 acres
House

Property details

About 504 Philwood Cv

**Charming Dual-Home Investment Opportunity!** Welcome to this fantastic investment opportunity featuring not one, but two charming residences on a single lot! Perfect for first-time buyers or seasoned investors looking to expand their portfolio. Main House: This delightful two-bedroom, one-bath home has been thoughtfully updated to offer modern comforts while retaining its character. The recently renovated kitchen boasts stylish finishes and ample storage, making it a joy to cook and entertain. The updated bathroom combines functionality with contemporary design, ensuring relaxation and comfort. With spacious living areas bathed in natural light, this home is perfect for cozy gatherings or enjoying quiet evenings. Secondary Property: The additional one-bedroom, one-bath cottage offers an open-concept layout that includes a cozy kitchen, living room, and laundry facilities. Ideal for guests, family members, or as a rental unit

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Lot size0.19 Acres
Year built1950
ParkingDriveway/Pad
MLS #10193681

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Flooring Type: Part Hardwood, Tile
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad
  • Exterior: Other (See REMARKS)
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $299,000
  • Annual Tax Amount: $2,068
  • Tax Year: 2024
  • Lot: Few Trees, Level
  • Directions: From N Graham St go east on Allison Ave, turn left on Philwood Ave, turn left on Philwood Cv, house is on the right
  • Year Built: 1950
  • Stories: 1
  • Lot Size: 0.19 Acres
  • MLS Number: 10193681
  • Office Name: Coldwell Banker Collins-Maury

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: 6/5/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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504 Philwood Cv, Memphis, TN 38122 - bungalow-style house featuring a front yard, fence, brick siding, a chimney, and concrete driveway

$299,000

504 Philwood Cv

$3,551

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 19, 2024
Home Sold
$240,000
Jan 24, 2024
Home Sold
$100,000

Tax history

YearAssessmentProperty Tax
2024$33,950$2,068
2023$33,950$2,068
2022$33,950$2,092
2021$33,950$2,092
2020$19,100$1,383
2019$19,100$1,383
2018$19,100$785
2017$19,100$785

History based on county public records data.

Nearby schools

6

Grahamwood Elementary School

Public Magnet PK-5

0.4 mi

3950 Summer Ave

4

Berclair Elementary School

Public District PK-5

1.1 mi

810 N Perkins Rd

5

Treadwell Elementary School

Public Magnet PK-5

1.3 mi

3538 Given Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,319. The majority of Memphis, TN residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

52%
<35k
34%
35k-100k
12%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
13%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Symphony or OperaSymphony or Opera
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • DillardsDillards
  • Chico'sChico's
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • HyundaiHyundai
  • VolvoVolvo
  • ChevroletChevrolet

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

About 504 Philwood Cv

The listing price of 504 Philwood Cv property is $299,000.

The property 504 Philwood Cv is a house located in Memphis, Tennessee, 38122.

Active Listing: 504 Philwood Cv is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 504 Philwood Cv are: Grahamwood Elementary School (GreatSchools Rating 6/10), Berclair Elementary School (GreatSchools Rating 4/10), Treadwell Elementary School (GreatSchools Rating 5/10), Compass Community School Berclair Campus (GreatSchools Rating 4/10), Treadwell Middle School (GreatSchools Rating 4/10), Kingsbury Middle School (GreatSchools Rating 2/10), Kingsbury High School (GreatSchools Rating 2/10), East High School (GreatSchools Rating 8/10), White Station High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $2,068 (source: MLS/based on county public records data).

The last sale was on March 19, 2024 for $240,000 (source: MLS/tax record).

The property at 504 Philwood Cv has 2 bedrooms and 1 bathroom.

The year of construction for 504 Philwood Cv is 1950.

This home is located at 504 Philwood Cv in Memphis, TN and zip code 38122. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $299,000.

Over 70 listings were sold over their listed price in May 2025 in Memphis, TN. In the same period over 263 listings were sold below the listed price and 110 listings were sold for the listed price. The number of listings in Memphis, TN increased by 11.3% between April and May 2025. In May 2025 median list price was $220,000 and the average listing age was 10 days.

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

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