You found a renovated Memphis house. New floors, fresh paint, a clean listing, and an asking price built on someone else's renovation. Your money now rides on four answers. What it is worth: what the seller paid and what finished houses like it actually resold for. What it rents for and how fast: signed leases and the days they took to fill. What it could earn as an Airbnb: revenue read off live booking calendars. And what a refi appraisal has to work with: those recorded resales are the same comps an appraiser reads. All four answers sit in the public record and in listings we follow nightly. This page shows the Memphis-wide numbers; the free read builds them for your exact address.
A flip is a recorded buy and a recorded resale of the same parcel, classified from the Shelby County deed record with quick re-trades excluded. Permit figures come from permits on file, which cover Memphis and unincorporated Shelby County. Rent timing comes from leases that actually signed on listings we follow nightly; short-term revenue reads off live booking calendars. Every number on this page is queried from the live database at bake time, and where the record runs thin the section says so instead of guessing.
Priors makes your search more powerful. It does not replace a home inspection, an appraisal, or professional advice.
Every figure on this page is computed from public records and tracked public listings. Public records contain errors, omissions, and recording lags, and coverage windows are stated where each figure appears. Nothing here is an appraisal, a broker price opinion, or lending, investment, tax, or legal advice. This is not a consumer report: never use it to screen tenants or to make any decision about an individual person.
A flip is not a mystery category. It is two recorded deeds on the same parcel: the seller's buy, then the resale to the end buyer. Pair the deeds and the Memphis flip market keeps its own score. 1,912 flips finished in the past 24 months. The median markup from the seller's buy to the end buyer's price ran $82,500, and the median hold between the two deeds was 169 days. The markup is not good or bad on its own: the renovation, the financing, and the carry all come out of it. What it gives you is a market-wide prior to hold next to the asking price on your house, and the seller's own buy deed is public.
The permit file is the part most buyers never pull. 1,457 of those 1,912 flips have no permits on record, and in Memphis that is often ordinary: cosmetic work (paint, flooring, fixtures, cabinets) needs no permit here, while systems work (electrical, plumbing, HVAC, structural) does. So the file is not a verdict; it is a map for your inspector. Permits on file document the systems work in writing. A file that reads none simply means your inspection carries more of the load: roof, panel, plumbing, HVAC. Permit records here cover Memphis and unincorporated Shelby County.
The free read shows this pair of deeds and the permit file on any Memphis address, before you make the offer.
If you are buying the house to rent it, the clock matters as much as the rate: a month of vacancy costs more than a small miss on the ask. We watch 2,405 Memphis rentals from list to lease, every night. The median one filled in 31 days at the asking rent. What one house rents for depends on the house, and asking is not achieved: the per-address read shows what comparable houses actually leased at and how many days each took, so your first rent check lands on a date you can defend.
Some renovated houses earn more a night at a time; many do not. Across 2,220 Memphis short-term rentals we read at the calendar level, the median nightly rate ran $159 and median occupancy 55 percent over the past 12 months. Whether your house beats its rent that way depends on the block, the bedrooms, and the rules: Memphis Ordinance 5631 sets the permit rules for short-term rentals, so check a house's status before you underwrite around it. The full read prices both paths on your address. Numbers only; you decide.
Every finished flip names its operator on two recorded deeds, so a seller's track record is not a mystery. How many houses they have finished, how long they typically hold, what their houses resold for: it is all on the record, the way a box score carries a player's numbers. The full read on any address puts the seller's recorded history next to the asking price. It is context for your offer, not a judgment on anyone; the record simply shows what happened.
The same record works in the other direction on the day it is your turn to sell: the buyers active in a pocket, and what they paid, are recorded by name too.
Priors is an information tool. It makes your search more powerful: you walk into the negotiation knowing what the seller paid, what sits in the permit file, and what houses like this one actually resold and rented for. It does not replace a home inspection, an appraisal, or professional advice, and nothing on this page is a verdict on any house.
Use the read to brief your inspector. Where the permit file is empty, ask for extra attention on the systems: roof, electrical panel, plumbing, HVAC. Where permits are on file, verify the finished work matches what was filed. Then let the inspection, the appraisal, and your own numbers make the call.
Pull the deed record. A flip leaves two recorded deeds on the same parcel: the seller's recent buy and the resale to you, and 1,912 Memphis flips finished that way in the past 24 months. A recent buy deed at a much lower price, a short hold, and a renovated listing is the usual signature. The free Priors read shows the deed pair on any Memphis address.
The seller's buy deed is public, and most buyers never pull it. Across 1,912 finished Memphis flips in the past 24 months, the median markup from the seller's recorded buy to the end buyer's recorded price was $82,500. That gap is not good or bad on its own: the renovation, financing, and carry all come out of it. The read puts the seller's buy price next to the asking price on your house.
Cosmetic work (paint, flooring, fixtures, cabinets) needs no permit in Memphis; systems work (electrical, plumbing, HVAC, structural) does. 1,457 of 1,912 recent Memphis flips have no permits on record, which is often ordinary cosmetic-only work. Either way the permit file tells your inspector where to look: permits on file document the systems work, and a file that reads none means the inspection carries more of the load. Permit records cover Memphis and unincorporated Shelby County.
It depends on the house, so distrust any single citywide number. What the record does show: across 2,405 Memphis rentals we watch nightly from list to signed lease, the median fill took 31 days at the asking rent. The per-address read shows what comparable houses actually leased at and how fast, which is the number your underwriting needs.
Across 2,220 Memphis short-term rentals we read at the calendar level, the median nightly rate was $159 with 55 percent median occupancy over the past 12 months. Whether one house clears its rent that way depends on the block, the bedrooms, and the rules: Memphis Ordinance 5631 sets the short-term rental permit rules. The full read prices both paths on your address, numbers only.
Plenty of renovated Memphis houses sell to families, and the same record answers the same questions: what the seller paid, what the permit file shows, and what finished houses like it resold for. The first read is free and that use is welcome. Whatever the record shows, get a full home inspection: the record informs it, it does not replace it.