Investor special! Great opportunity to add a cash-flowing asset to your portfolio. Conveniently located near major roadways, shopping, and employment centers, this property offers strong rental demand and excellent upside potential. Ideal for buy-and-hold investors or those seeking value-add opportunities. Sold as-is. Schedule your showing today!
Scenic Hills, located between Bartlett and Raleigh, is a residential and suburban Memphis neighborhood with curving, tree-lined streets and mid-century ranch homes. The neighborhood’s energy concentrates around the Summer Avenue corridor near Sycamore View Road, where international groceries, casual eateries, and auto shops set a busy, practical tone. Nearby, the Summer Avenue drive-in sign at Summer Drive-In anchors local nostalgia. Broad Avenue Arts District adds galleries and studios to the area’s cultural orbit. Greenline access and neighborhood parks shape an outdoors-forward routine. Daily life reads as low-key, car-friendly, and locally rooted.
Provided by Walk Score and Local Logic
Offer insights
3062 James Rd · $115,000
$115K and above
75% chance or better to win
Why $115K+ is a strong offer
DAYS ON MARKET
14 days
The average home goes pending in 48 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Interior features
Separate living room
Bedrooms
3 bedrooms, all on the main level
Bathrooms
1 full bathroom
Flooring
Tile
Heating & cooling
Central heating
Central cooling
Exterior features
Level terrain
Home design
Detached single-family home
Traditional style
Single story
Parking
Driveway/pad
2 covered parking spaces
Construction
Built in 1950
Vinyl siding
Wood/composition exterior
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10232692
Oct 29, 2026
Price Changed
$115,000
Oct 19, 2026
Listed
$125,000
Public Records
Apr 11, 2024
Sold
$57,750
Public Records
May 28, 1992
Sold
$34,000
Public Records
Nov 15, 1991
Sold
$53,312
Public Records
Apr 30, 1990
Sold
$48,450
Year
Property tax
Land + Additions
Assessment*
2025
$916 (+8.0%)
$4,450 + $12,925
$17,375
2024
$848 (+8.1%)
$4,450 + $12,925
$17,375
2023
$784
$3,975 + $8,900
$12,875
2022
$784 (−1.2%)
$3,975 + $8,900
$12,875
2021
$794 (+78.8%)
$3,975 + $8,900
$12,875
2020
$444
$3,975 + $8,900
$12,875
2019
$444
$3,975 + $2,150
$6,125
2018
$444 (+76.3%)
$3,975 + $2,150
$6,125
2017
$252 (−47.0%)
$3,975 + $2,150
$6,125
2016
$475
$3,975 + $2,150
$6,125
2014
$475
$3,975 + $6,900
$10,875
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
135 ft.
Lot depth
431 ft.
Lot size
1.24 Acres
Year renovated
—
Finished Sq. Ft.
837
Unfinished Sq. Ft.
—
Total Sq. Ft.
837
Year built
1950
Style
Single Family Residential
County
Shelby County
APN
083016 00018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 2026.
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
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
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 • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
89
70
87
66
75
56
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3062 James Rd
$122,562
$7,562 over list price of $115K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $84K to $160K.