OFF MARKET

Off market nov 2024 for $96K

$115,886

Est. refi paymentEst. refi $727/mo

•

1,150

sq ft

1040 MT Vernon Rd, Memphis, TN 38111

About this home

Single-familyProperty Type

1948Year Built

9,147 sq ftLot Size

$101Est. Price/Sq.Ft.

Listed by • Fast Track Realty

Contact: 9015503633

Bought with • Fast Track Realty

Redfin checked: 4 minutes ago

•Source:REALTRACS #3055147

Redfin Estimate

$115,886

$19K since sold in November 2024$4,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.1% higher than the average sale price ($108K) of 6 comparable homes.

SOLD AUG 3, 2026
$65,000
A
2 beds1 bath— sq ft
1148 Mt Vernon Rd, Memphis, TN 38111
SOLD AUG 26, 2026
$71,000
B
2 beds1 bath— sq ft
3391 Hadley Rd, Memphis, TN 38111
SOLD DEC 22, 2025
$32,500
C
2 beds1 bath— sq ft
1039 Mt Vernon Rd, Memphis, TN 38111
SOLD MAR 19, 2026
$146,000
D
3 beds1 bath1,168 sq ft
3392 Radford Rd, Memphis, TN 38111
Listing provided by realtracs
SOLD SEP 24, 2026
$140,000
E
3 beds1.5 baths— sq ft
1156 Brower St, Memphis, TN 38111
SOLD JUL 22, 2026
$195,000
F
3 beds2 baths— sq ft
3220 Seminole Rd, Memphis, TN 38111

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

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Rent

$1,239/mo

Redfin rental estimate

List your home for rent

Market trends in 38111, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.9%

0.5% MoM

Median sale price

$169K

$9K MoM

Avg. days on market

45d

6 days MoM

Recently sold homes

122

3 MoM

New listings for sale

NEW 7 HRS AGO
$838,000
5 beds4.5 baths— sq ft
3553 Walnut Grove Rd, Memphis, TN 38111
NEW 9 HRS AGO
$156,000
2 beds1 bath— sq ft
3704 Park Ave, Memphis, TN 38111
NEW 16 HRS AGO
$399,000
3 beds2.5 baths— sq ft
3736 S Woodland Dr, Memphis, TN 38111
$134,900
2 beds1 bath— sq ft
3529 Marion Ave, Memphis, TN 38111
$370,000
3 beds2 baths— sq ft
3249 Overland Pl, Memphis, TN 38111
$889,000
4 beds3.5 baths— sq ft
94 St Albans Fwy, Memphis, TN 38111
$495,000
3 beds2.5 baths— sq ft
3902 Poplar Ave, Memphis, TN 38111
$132,900
3 beds1 bath— sq ft
1320 Semmes St, Memphis, TN 38111
$124,900
3 beds1 bath— sq ft
1297 S Greer St, Memphis, TN 38111
$132,900
3 beds1 bath— sq ft
1155 S Greer Rd, Memphis, TN 38111
See all

Provided by Redfin

Sale history for 1040 MT Vernon Rd

Date

Event

Price

REALTRACS #3055147

Dec 2, 2025

Listed

$99,900

$87/sq ft

Nov 13, 2024

Sold

$96,500

$84/sq ft

REALTRACS #3056372

Dec 2, 2025

Listed

$25,000

$22/sq ft

Jan 6, 2017

Sold

$22,301

$19/sq ft

+16

Great opportunity to own a home located just South of the University of Memphis. This home is much larger than it looks from the street. Covered parking in the driveway and a detached single garage in the rear. Backyard is a nice sized area and has a chain link fence. Interior has hardwood floors in the living room, dining room and both bedrooms. The den was an addition to the home and has vinyl flooring. Buyers will love the space and the affordable listing price of this home.

Memphis Area Association of Realtors(R) MLS #10181102

Nov 13, 2024

Sold

$96,500

$84/sq ft

Oct 23, 2024

Price Changed

$99,900

$87/sq ft

Sep 18, 2024

Price Changed

$109,900

$96/sq ft

Sep 12, 2024

Listed

$125,000

$109/sq ft

+11

Memphis Area Association of Realtors(R) MLS #9991345

Jan 6, 2017

Sold

$22,301

$19/sq ft

Nov 29, 2016

Listed

$25,000

$22/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,272 (+39.9%)

$2,450 + $21,675

$24,125

2024

$909 (+8.1%)

$2,450 + $21,675

$24,125

2023

$841

$1,000 + $12,800

$13,800

2022

$841 (−1.2%)

$1,000 + $12,800

$13,800

2021

$850 (+2.5%)

$1,000 + $12,800

$13,800

2020

$830

$1,000 + $12,800

$13,800

2019

$830

$1,000 + $10,450

$11,450

2018

$830 (+76.3%)

$1,000 + $10,450

$11,450

2017

$471 (−5.3%)

$1,000 + $10,450

$11,450

2016

$497

$1,000 + $10,450

$11,450

2014

$497

$1,000 + $10,375

$11,375

Tax history for 1040 MT Vernon Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,272 (+39.9%)

$2,450 + $21,675

$24,125

2024

$909 (+8.1%)

$2,450 + $21,675

$24,125

2023

$841

$1,000 + $12,800

$13,800

2022

$841 (−1.2%)

$1,000 + $12,800

$13,800

2021

$850 (+2.5%)

$1,000 + $12,800

$13,800

2020

$830

$1,000 + $12,800

$13,800

2019

$830

$1,000 + $10,450

$11,450

2018

$830 (+76.3%)

$1,000 + $10,450

$11,450

2017

$471 (−5.3%)

$1,000 + $10,450

$11,450

2016

$497

$1,000 + $10,450

$11,450

2014

$497

$1,000 + $10,375

$11,375

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

60 ft.

Lot depth

158 ft.

Lot size

9,480 Sq. Ft.

Year renovated

1985

Sq. Ft.

1,150

Year built

1948

Style

Single Family Residential

County

Shelby County

APN

059080 00019

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 16, 2026.

R-6

Residential Single Family-6 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space

Jul 15, 2025 • Final

Residential electrical

Perform a safety inspection.

Electrical

Jul 2, 2025 • Final

Residential mechanical

Replace a water heater with a new unit and perform an air test on the gas line.

Plumbing

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Total: 0
Parking Features: Parking Pad

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 1

Room 1 Information
Room Type: Bedroom 1
Room Dimensions: 11x11

Room 2 Information
Room Type: Bedroom 2
Room Dimensions: 11x11

Room 3 Information
Room Type: Den
Room Dimensions: 16x14

Room 4 Information
Room Type: Dining Room
Room Dimensions: 12x8

Room 5 Information
Room Type: Kitchen
Room Dimensions: 11x8

Room 6 Information
Room Type: Living Room
Room Dimensions: 16x12

Basement Information
Basement Features: Other

Heating & Cooling
Has Heating
Heating Information: Central, Natural Gas
Has Cooling
Cooling Information: Central Air

Interior Features
Flooring: Wood

Exterior

Building Information
Roof: Shingle

Exterior Features
Fencing: Chain Link

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor

Lot Information
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Dimensions: 60X158

Financial

Tax Information
Tax Annual Amount: $841

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Available, Water Available

Location

Location Information
Directions: West on Park Avenue from Highland. Left on Mt. Vernon. Home will be on the Left.

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,150
Stories: 1.0
Lot Size: 9,480 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1985
County: Shelby County
APN: 059080 00019

Home facts updated by county records on Jun 16, 2026

Other

Home Information
Living Area: 1150
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1150
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More

Around this home

Schools

K - 12
Preschool & daycare

Cherokee Elementary School

Public PreK-5 • Assigned • 0.8mi

6/10

Sherwood Middle School

Public 6-8 • Assigned • 0.3mi

5/10

Melrose High School

Public 9-12 • Assigned • 0.9mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

4/10 Wind Factor

18% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38111

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$111,000 – $134,000

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Listing provided by REALTRACS

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Home values near 1040 MT Vernon Rd

Data from public records.

Address	Redfin Estimate
1052 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$102,399
1022 Mount Vernon Rd, Memphis, TN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$107,400
1028 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$97,418
1039 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$86,465
1046 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 914 Sq. Ft.	$85,690
1057 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 1220 Sq. Ft.	$85,367
1009 Mount Vernon Rd, Memphis, TN 3 Beds \| 2 Baths \| 1660 Sq. Ft.	$118,062

Address	Redfin Estimate
1051 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 921 Sq. Ft.	$81,482
1033 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 1000 Sq. Ft.	$102,497
1045 Mount Vernon Rd, Memphis, TN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$106,058
1068 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$113,072
1010 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 1000 Sq. Ft.	$119,558
1015 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 918 Sq. Ft.	$82,469
1053 Railton Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$85,428

Address	Redfin Estimate
1016 Mount Vernon Rd, Memphis, TN 4 Beds \| 2 Baths \| 2400 Sq. Ft.	$131,177
1034 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$87,335
1058 Mount Vernon Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$108,264
1067 Mount Vernon Rd, Memphis, TN 2 Beds \| 1.5 Baths \| 1285 Sq. Ft.	$114,444
1027 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 1123 Sq. Ft.	$130,497
1021 Mount Vernon Rd, Memphis, TN 2 Beds \| 1 Baths \| 1118 Sq. Ft.	$81,947
1013 Railton Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$110,004

Property information provided by REALTRACS when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38111, TN

Sale history for 1040 MT Vernon Rd

Tax history for 1040 MT Vernon Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38111

Home values near 1040 MT Vernon Rd

More real estate resources