2br/ 1ba- Investment-Property to be sold "AS IS". Cash offers only! Property is currently professionally managed. Do not disturb tenants. Drive by only! Tenant in place since March 2022 paying $625/mo. Good cash flow property! New water heater and Central heat 2020. Roof approximately 5yrs. old. See attached rent roll. Make any offer subject to inspection and tenants rights. Use attached docs. when submitting offers. Contact listing agent for more details.
Corporate owned home selling as is. Can be a wonderful family home or income property. Close to schools and shopping
Memphis Area Association of Realtors(R) MLS #10142274
Mar 31, 2023
Sold
$35,000
Feb 18, 2023
Listed
$44,900
Memphis Area Association of Realtors(R) MLS #10061799
Dec 30, 2019
Sold
$19,000
Nov 22, 2019
Price Changed
$19,900
Oct 15, 2019
Price Changed
$24,900
Sep 9, 2019
Listed
$29,900
+2
Corporate owned home selling as is. Can be a wonderful family home or income property. Close to schools and shopping
Public Records
May 16, 1990
Sold
$22,000
Year
Property tax
Land + Additions
Assessment*
2025
$495 (+39.3%)
$1,625 + $7,775
$9,400
2024
$356 (+8.1%)
$1,625 + $7,775
$9,400
2023
$329
$875 + $4,525
$5,400
2022
$329 (−1.2%)
$875 + $4,525
$5,400
2021
$333 (+3.2%)
$875 + $4,525
$5,400
2020
$322
$875 + $4,525
$5,400
2019
$322
$875 + $3,575
$4,450
2018
$322 (+76.3%)
$875 + $3,575
$4,450
2017
$183 (−12.5%)
$875 + $3,575
$4,450
2016
$209
$875 + $3,575
$4,450
2014
$209
$875 + $3,925
$4,800
Tax history for 3092 Mt Olive Dr
Year
Property tax
Land + Additions
Assessment*
2025
$495 (+39.3%)
$1,625 + $7,775
$9,400
2024
$356 (+8.1%)
$1,625 + $7,775
$9,400
2023
$329
$875 + $4,525
$5,400
2022
$329 (−1.2%)
$875 + $4,525
$5,400
2021
$333 (+3.2%)
$875 + $4,525
$5,400
2020
$322
$875 + $4,525
$5,400
2019
$322
$875 + $3,575
$4,450
2018
$322 (+76.3%)
$875 + $3,575
$4,450
2017
$183 (−12.5%)
$875 + $3,575
$4,450
2016
$209
$875 + $3,575
$4,450
2014
$209
$875 + $3,925
$4,800
*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
2
Baths
1
Stories
1
Lot width
45 ft.
Lot depth
120 ft.
Lot size
5,400 Sq. Ft.
Year renovated
—
Sq. Ft.
891
Year built
1979
Style
Single Family Residential
County
Shelby County
APN
043023 00141
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 electrical
Repair damage caused by vandalism.
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
Parking
Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Primary Bedroom: Level 1
Bedroom 2 Description: Level 1
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 4
# of Stories: 1
Floors/Ceilings: 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
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Brick Veneer
Roof: Composition Shingles
Land Information
Acreage: 0.12
Lot Information
Parcel ID: 043023 00141
Lot #: 339
Lot Size: 45X120
Lot Description: Level
Area: 743A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1979
Financial
Tax Information
Annual City Tax: $146
Annual County Tax: $183
Financing
Buyer Contributions: 0
Utilities
Utility Information
Water & Sewer: Other (See Remarks)
Heating: Gas
Cooling: Other (See Remarks)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: West on Chelsea from Bayliss; Right on N. Holmes; Left on Mt. Olive; Property located on the right.
MAAR Subdivision Name: BUNGALOW PARK
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 891
Stories: 1.0
Lot Size: 5,400 square feet
Style: Single Family Residential
Year Built: 1979
Year Renovated: —
County: Shelby County
APN: 043023 00141
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 • 0.2mi
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
14% 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
$41,000 – $50,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2023. This data may not match public records. Learn more.