Property is Under High End Renovation with Numerous Upgrades. Perfect for Home Buyer or Investor looking for maintenance and vacancy reducing upgrades. Multiple Properties Rehabbed to a High Standard Available. Please call Listing Agent to Schedule Showing.
Single-familyProperty Type
1958Year Built
0.49 acresLot Size
$134Est. Price/Sq.Ft.
2 spacesParking
Listed by Jeremy Veldman• KAIZEN Realty, LLC
Bought with Jeremy Veldman• KAIZEN Realty, LLC
Source:Memphis Area Association of Realtors(R) MLS #9950378
Redfin Estimate
$206,828
$65K since sold in November 2025$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.4% higher than the average sale price ($168K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #9950378
Aug 12, 2015
Sold
$93,900
$61/sq ft
Apr 24, 2015
Listed
$92,000
$60/sq ft
Property is Under High End Renovation with Numerous Upgrades. Perfect for Home Buyer or Investor looking for maintenance and vacancy reducing upgrades. Multiple Properties Rehabbed to a High Standard Available. Please call Listing Agent to Schedule Showing.
Memphis Area Association of Realtors(R) MLS #9948473
Apr 20, 2015
Sold
$49,900
$32/sq ft
Apr 1, 2015
Listed
$59,900
$39/sq ft
+19
Looking to downsize or an investment property, this corner lot has a ton of potential. This property has hardwood & tile floor throughout. A little TLC needed, but it is worth every penny at this price!!!
Memphis Area Association of Realtors(R) MLS #1
Feb 12, 2015
Price Changed
$65,900
$43/sq ft
Public Records
Jul 1, 2013
Sold
$69,900
$45/sq ft
Memphis Area Association of Realtors(R) MLS #3124254
Jul 11, 2008
Sold
$53,500
$35/sq ft
Nov 21, 2007
Listed
$52,900
$34/sq ft
Public Records
Dec 30, 1994
Sold
$72,900
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,330 (+19.5%)
$6,075 + $38,125
$44,200
2024
$1,949 (+8.1%)
$6,075 + $38,125
$44,200
2023
$1,803
$4,875 + $24,725
$29,600
2022
$1,803 (−1.2%)
$4,875 + $24,725
$29,600
2021
$1,824 (+27.5%)
$4,875 + $24,725
$29,600
2020
$1,431
$4,875 + $24,725
$29,600
2019
$1,431
$4,875 + $14,875
$19,750
2018
$1,431 (+76.3%)
$4,875 + $14,875
$19,750
2017
$812 (+1.0%)
$4,875 + $14,875
$19,750
2016
$804
$4,875 + $14,875
$19,750
2014
$804
$4,875 + $13,525
$18,400
Tax history for 2992 Bannockburn Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,330 (+19.5%)
$6,075 + $38,125
$44,200
2024
$1,949 (+8.1%)
$6,075 + $38,125
$44,200
2023
$1,803
$4,875 + $24,725
$29,600
2022
$1,803 (−1.2%)
$4,875 + $24,725
$29,600
2021
$1,824 (+27.5%)
$4,875 + $24,725
$29,600
2020
$1,431
$4,875 + $24,725
$29,600
2019
$1,431
$4,875 + $14,875
$19,750
2018
$1,431 (+76.3%)
$4,875 + $14,875
$19,750
2017
$812 (+1.0%)
$4,875 + $14,875
$19,750
2016
$804
$4,875 + $14,875
$19,750
2014
$804
$4,875 + $13,525
$18,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-10
Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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
Oct 7, 2020 • Final
Residential electrical
Install an electrical riser for a utility connection.
Electrical
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
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: SCENIC HILLS SUB
Living Sq. Ft: 1,540
Ground Floor Sq. Ft: 1,540
Building Sq. Ft: 1,540
# of Stories: 1
Stories Type: 1
Legal Description: ES BANNOCKBURN RD COR BALMORAL RD NE
Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 21,420
Legal Lot Number: 69
Municipality Name: MEMPHIS
Acres: 0.4917
Depth Footage: 170
Front Footage: 126
Zoning Code: R-10
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,540
Stories: 1.0
Lot Size: 0.49 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: —
County: Shelby County
APN: 083009 00013
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Scenic Hills Elementary School
Public PreK-5 • Assigned • 0.6mi
3/10
Raleigh Egypt High School
Public 6-12 • Assigned • 2.7mi
4/10
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 110° expected this year, 21 days in 30 years
4/10 Wind Factor
18% 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 • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
89
70
85
66
77
55
65
48
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
$197,000 – $238,000
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