Back on market. Contract failed, out of town Cash Buyer got cold feet. Excellent investment opportunity. Quiet neighborhood. Corner lot. All offers welcome. Property being offered in AS-IS condition. Please contact the listing agent for anymore information.
Single-familyProperty Type
1948Year Built
Listed by Cordarius Ector• Crye-Leike, Inc., REALTORS
Bought with Cordarius Ector• Crye-Leike, Inc., REALTORS
Excellent investment opportunity. Quiet neighborhood. Corner lot. All offers welcome. Property being offered in AS-IS condition. The property is being trashed out this week at first availability. Please contact the listing agent for anymore information.
Avail #1
Oct 28, 2024
Rental Removed
$925
Oct 7, 2024
Listed for Rent
$925
Memphis Area Association of Realtors(R) MLS #10120476
Jun 30, 2022
Sold
$45,000
Jun 9, 2022
Price Changed
$55,000
May 25, 2022
Price Changed
$60,000
Mar 28, 2022
Listed
$29,000
Memphis Area Association of Realtors(R) MLS #10103889
Mar 18, 2022
Sold
$18,000
Dec 1, 2021
Price Changed
$28,900
Jul 13, 2021
Listed
$32,000
Excellent investment opportunity. Quiet neighborhood. Corner lot. All offers welcome. Property being offered in AS-IS condition. The property is being trashed out this week at first availability. Please contact the listing agent for anymore information.
Public Records
Mar 1, 1994
Sold
$12,500
Public Records
Apr 27, 1989
Sold
$15,822
Public Records
Sep 17, 1987
Sold
$17,133
Year
Property tax
Land + Additions
Assessment*
2025
$651 (+0.9%)
$1,625 + $10,725
$12,350
2024
$645 (+8.1%)
$1,625 + $10,725
$12,350
2023
$597 (+152.9%)
$875 + $8,925
$9,800
2022
$236 (−1.2%)
$875 + $8,925
$9,800
2021
$239 (+7.2%)
$875 + $3,000
$3,875
2020
$223
$875 + $3,000
$3,875
2019
$223
$875 + $2,200
$3,075
2018
$223 (+76.3%)
$875 + $2,200
$3,075
2017
$126 (−7.1%)
$875 + $2,200
$3,075
2016
$136
$875 + $2,200
$3,075
2014
$136
$875 + $2,250
$3,125
Tax history for 3083 Mt. Olive Rd Rd
Year
Property tax
Land + Additions
Assessment*
2025
$651 (+0.9%)
$1,625 + $10,725
$12,350
2024
$645 (+8.1%)
$1,625 + $10,725
$12,350
2023
$597 (+152.9%)
$875 + $8,925
$9,800
2022
$236 (−1.2%)
$875 + $8,925
$9,800
2021
$239 (+7.2%)
$875 + $3,000
$3,875
2020
$223
$875 + $3,000
$3,875
2019
$223
$875 + $2,200
$3,075
2018
$223 (+76.3%)
$875 + $2,200
$3,075
2017
$126 (−7.1%)
$875 + $2,200
$3,075
2016
$136
$875 + $2,200
$3,075
2014
$136
$875 + $2,250
$3,125
*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
3
Baths
2
Stories
1
Lot width
34 ft.
Lot depth
120 ft.
Lot size
4,020 Sq. Ft.
Year renovated
2007
Sq. Ft.
952
Year built
1948
Style
Single Family Residential
County
Shelby County
APN
043016 00007
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
Oct 7, 2020 • Final
Residential mechanical
Perform a gas pressure test.
Gas
Oct 7, 2020 • Final
Residential mechanical
Install a new vented wall heater.
HVAC
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/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:
Bathroom Information
# of Baths (Full): 2
# of Bathrooms (Full): 2
Interior Features
# of Rooms: 6
# of Stories: 1
Floors/Ceilings: Part Carpet, Tile
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Separate Living Room, Eat-In Kitchen
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down, 1 or More BR Down, Master Bedroom Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Vinyl Siding
Lot Information
Parcel ID: 043016 00007
Lot #: 412
Lot Size: 34x120
Lot Description: Corner, Landscaped
Area: 743A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 0-999
Year Built: 1948
Financial
Tax Information
Annual City Tax: $98
Annual County Tax: $125
Financing
Buyer Contributions: 45000
Utilities
Utility Information
Heating: Central
Cooling: No Cooling
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: From Jackson Avenue turn onto Locust street. Follow for 1.2 miles and turn left onto Mt. Olive Rd. Home is on the left. Parking in the rear off Locust St.
MAAR Subdivision Name: BUNGALOW PARK
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 952
Stories: 1.0
Lot Size: 4,020 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: 2007
County: Shelby County
APN: 043016 00007
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Douglass Elementary School
Public PreK-8 • Assigned • 0.3mi
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, 21 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
$70,000 – $85,000
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