Solid investment property cash flowing at $650/mo. Drive by only, offers to be made contingent upon inspection. Can be packaged with 1454 Sunset, 1315 Claybrook, and 3250 Mckell.
Memphis Area Association of Realtors(R) MLS #10056096
Aug 6, 2019
Sold
$30,000
$21/sq ft
Jun 27, 2019
Listed
$33,000
$24/sq ft
Public Records
Apr 23, 2013
Sold
$53,000
$38/sq ft
Memphis Area Association of Realtors(R) MLS #3189038
Feb 17, 2010
Sold
$11,600
$8/sq ft
Dec 24, 2009
Listed
$10,000
$7/sq ft
Fannie Mae property being sold As Is. $1000 earnest money in form of Cashier's Check or Money Order or whatever seller requires. Seller to generate addendums upon offer review. Contact list agent for more info.
Public Records
Feb 1, 2006
Sold
$52,000
$37/sq ft
Memphis Area Association of Realtors(R) MLS #320406
Dec 29, 2000
Sold
$30,000
$21/sq ft
Oct 5, 2000
Listed
$34,900
$25/sq ft
BANK OWNED PROPERTY BEING SOLD AS-IS! LARGE HOME ONLY 2 YEARS OLD NEEDS WORK BUT COULD BE REPAIRED AND RESOLD FOR A LARGE PROFIT! 2 LIVING AREAS CALL YOUR INVESTORS NOW!!! MUST HAVE COMMITMENT LETTER! KEYBOX CODE HFN!!!
Public Records
Jul 21, 1998
Sold
$63,000
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$814 (+3.5%)
$1,625 + $13,825
$15,450
2024
$787 (+8.1%)
$1,625 + $13,825
$15,450
2023
$728
$875 + $11,075
$11,950
2022
$728 (−1.2%)
$875 + $11,075
$11,950
2021
$736 (+8.1%)
$875 + $11,075
$11,950
2020
$681
$875 + $11,075
$11,950
2019
$681
$875 + $8,525
$9,400
2018
$681 (+76.3%)
$875 + $8,525
$9,400
2017
$386 (+7.9%)
$875 + $8,525
$9,400
2016
$358
$875 + $8,525
$9,400
2014
$358
$875 + $7,325
$8,200
Tax history for 3041 Mt Olive Rd
Year
Property tax
Land + Additions
Assessment*
2025
$814 (+3.5%)
$1,625 + $13,825
$15,450
2024
$787 (+8.1%)
$1,625 + $13,825
$15,450
2023
$728
$875 + $11,075
$11,950
2022
$728 (−1.2%)
$875 + $11,075
$11,950
2021
$736 (+8.1%)
$875 + $11,075
$11,950
2020
$681
$875 + $11,075
$11,950
2019
$681
$875 + $8,525
$9,400
2018
$681 (+76.3%)
$875 + $8,525
$9,400
2017
$386 (+7.9%)
$875 + $8,525
$9,400
2016
$358
$875 + $8,525
$9,400
2014
$358
$875 + $7,325
$8,200
*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
Beds
3
Baths
2
Stories
1
Lot width
40 ft.
Lot depth
120 ft.
Lot size
4,800 Sq. Ft.
Year renovated
—
Sq. Ft.
1,409
Year built
1998
Style
Single Family Residential
County
Shelby County
APN
043017 00020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
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
Parking
Parking Information
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Master Bedroom Description: Level 1
Bedroom 2 Description: Level 1
Bedroom 3 Description: Level 1
Bathroom Information
# of Baths (Full): 2
# of Bathrooms (Full): 2
Master Bathroom Description: Tile Floor
Interior Features
# of Rooms: 6
# of Stories: 1
1st Story Floor Plan: Other (See Remarks)
Miscellaneous Interior: Other (See Remarks)
Interior Equipment: Other (See Remarks)
Floors/Ceilings: Other (See Remarks)
Fireplace: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Other (See Remarks)
Den/Great Room Dimensions: 0x0
Other Rooms: Other (See Remarks)
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Brick Veneer
Foundation: Slab
Roof: Composition Shingles
Land Information
Acreage: 0.11
Lot Information
Parcel ID: 043017 00020
Lot #: 403
Lot Size: 40 X 120
Lot Description: Some Trees
Area: 743A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1400-1599
Year Built: 1998
Financial
Tax Information
Annual City Tax: $279
Annual County Tax: $358
Financing
New Financing: Conventional, Other (See Remarks)
Utilities
Utility Information
Water & Sewer: Gas Water Heater, Public Water
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Neighborhood Information
Neighborhood Amenities: Other (See Remarks)
Location Details
Directions: From Chelsea Ave, travel North on Warford St to Mt. Olive.
MAAR Subdivision Name: BUNGALOW PARK
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,409
Stories: 1.0
Lot Size: 4,800 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: —
County: Shelby County
APN: 043017 00020
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Douglass Elementary School
Public PreK-8 • Assigned • 0.4mi
3/10
Douglass High School
Public 9-12 • Assigned • 0.3mi
2/10
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
7/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
4/10 Wind Factor
15% 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
$69,000 – $83,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2019. This data may not match public records. Learn more.