2985 Mount Olive Rd is a 988 square foot house on a 4,800 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Memphis data, we estimate the home's value is $27,916.
Single-familyProperty Type
1920Year Built
4,800 sq ftLot Size
$28Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$27,916
$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 29.7% lower than the average sale price ($40K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$269 (+30.6%)
$1,625 + $3,475
$5,100
2024
$206 (+8.1%)
$1,625 + $3,475
$5,100
2023
$190
$875 + $2,250
$3,125
2022
$190 (−1.2%)
$875 + $2,250
$3,125
2021
$193 (+5.3%)
$875 + $2,250
$3,125
2020
$183
$875 + $2,250
$3,125
2019
$183
$875 + $1,650
$2,525
2018
$183 (+76.3%)
$875 + $1,650
$2,525
2017
$104 (−26.9%)
$875 + $1,650
$2,525
2016
$142
$875 + $1,650
$2,525
2014
$142
$875 + $2,375
$3,250
Tax history for 2985 Mount Olive Rd
Year
Property tax
Land + Additions
Assessment*
2025
$269 (+30.6%)
$1,625 + $3,475
$5,100
2024
$206 (+8.1%)
$1,625 + $3,475
$5,100
2023
$190
$875 + $2,250
$3,125
2022
$190 (−1.2%)
$875 + $2,250
$3,125
2021
$193 (+5.3%)
$875 + $2,250
$3,125
2020
$183
$875 + $2,250
$3,125
2019
$183
$875 + $1,650
$2,525
2018
$183 (+76.3%)
$875 + $1,650
$2,525
2017
$104 (−26.9%)
$875 + $1,650
$2,525
2016
$142
$875 + $1,650
$2,525
2014
$142
$875 + $2,375
$3,250
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RU-1
Residential Urban-1 District
Residential development in the RU-1 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage) and single-family attached (semi-attached, two-family). New RU-1 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU2, CMU-3, or CBD district or at are least 500 to 1,000 ft from an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Property details
Interior
Basement Information
Basement Type: Partial
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Poor
Building Style Type: Bungalow
Exterior Wall: Frame
Roof Covering Type: Composition Shingle
Roof Shape Type: Composition Shingle
Property Information
Subdivision Name: BUNGALOW PARK
Living Sq. Ft: 988
Ground Floor Sq. Ft: 988
Building Sq. Ft: 988
# of Stories: 1
Stories Type: 1
Legal Description: SS MT OLIVE
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,800
Legal Lot Number: 388
Municipality Name: MEMPHIS
Acres: 0.1102
Depth Footage: 120
Front Footage: 40
Zoning Code: RU-1
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 988
Stories: 1.0
Lot Size: 4,800 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1940
County: Shelby County
APN: 043018 00009
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Douglass Elementary School
Public PreK-8 • Assigned • 0.5mi
3/10
Douglass High School
Public 9-12 • Assigned • 0.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% chance 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
7/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38108
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
79
63
88
72
93
77
90
71
85
67
78
56
65
49
54
39
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 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$27,000 – $33,000
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