$85,950
$26K since sold in April 2020$4,000 since August
This home's estimate is 20.5% lower than the average sale price ($108K) of 6 comparable homes.
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OFF MARKET
Off Market Apr 2020 for $60K
$85,950
Est. refi paymentEst. refi $408/mo
3
bd•
1 ba
•
1,182
sq ft
3307 Formosa Rd, Memphis, TN 38109
About this home
Single-familyProperty Type
1957Year Built
9,062 sq ftLot Size
$73Est. Price/Sq.Ft.
Listed by Jason Hunter • Hunter Management, LLC
Bought with Beth Glosson • Fast Track Realty, LLC
Source:Memphis Area Association of Realtors(R) MLS #10046409
Redfin Estimate
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Refinance
$0
Est. cash available
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Rent
$1,028/mo
Redfin rental estimate
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Market trends in 38109, TN
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
95.4%
+2.0% MoM
Median sale price
$114K
$16K MoM
Avg. days on market
36d
11 days MoM
Recently sold homes
81
3 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 10.6 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
Estimated sale price
$82,000 – $99,000
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