Nice 3 bedroom home on a quiet street. This house has a great floor plan and wood floors. Excellent neighbors and home is priced to sell. Could be a great primary residence or investment property. Home being sold as-is. Cash offers strongly preferred. Seller will not turn on utilities or make any repairs.
Memphis Area Association of Realtors(R) MLS #10043801
Oct 2, 2019
Sold
$27,500
Jan 12, 2019
Listed
$38,900
+8
Nice 3 bedroom home on a quiet street. This house has a great floor plan and wood floors. Excellent neighbors and home is priced to sell. Could be a great primary residence or investment property. Home being sold as-is. Cash offers strongly preferred. Seller will not turn on utilities or make any repairs.
Memphis Area Association of Realtors(R) MLS #3272712
Nov 5, 2013
Sold
$21,900
May 29, 2013
Listed
$21,900
PERFECT FOR 1ST TIME BUYER. BRING ALL OFFERS
Year
Property tax
Land + Additions
Assessment*
2025
$1,131 (+10.1%)
$1,775 + $19,675
$21,450
2024
$1,027 (+8.1%)
$1,775 + $19,675
$21,450
2023
$950
$1,275 + $14,325
$15,600
2022
$950 (−1.2%)
$1,275 + $14,325
$15,600
2021
$961 (+42.3%)
$1,275 + $14,325
$15,600
2020
$676
$1,275 + $14,325
$15,600
2019
$676
$1,275 + $8,050
$9,325
2018
$676 (+76.3%)
$1,275 + $8,050
$9,325
2017
$383 (−11.5%)
$1,275 + $8,050
$9,325
2016
$433
$1,275 + $8,050
$9,325
2014
$433
$1,275 + $8,650
$9,925
Tax history for 3323 Formosa Dr
Year
Property tax
Land + Additions
Assessment*
2025
$1,131 (+10.1%)
$1,775 + $19,675
$21,450
2024
$1,027 (+8.1%)
$1,775 + $19,675
$21,450
2023
$950
$1,275 + $14,325
$15,600
2022
$950 (−1.2%)
$1,275 + $14,325
$15,600
2021
$961 (+42.3%)
$1,275 + $14,325
$15,600
2020
$676
$1,275 + $14,325
$15,600
2019
$676
$1,275 + $8,050
$9,325
2018
$676 (+76.3%)
$1,275 + $8,050
$9,325
2017
$383 (−11.5%)
$1,275 + $8,050
$9,325
2016
$433
$1,275 + $8,050
$9,325
2014
$433
$1,275 + $8,650
$9,925
*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
1
Stories
1
Lot width
60 ft.
Lot depth
125 ft.
Lot size
7,500 Sq. Ft.
Year renovated
1989
Sq. Ft.
1,200
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
075041 00005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-6
Residential Single Family-6 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. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 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
Oct 7, 2020 • Final
Residential electrical
Reinstall an electrical meter.
Electrical
Electric meter
Oct 7, 2020 • Final
Residential mechanical
Perform a gas pipe air test.
Gas
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 Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Other
Has Cooling
Cooling Information: Other
Interior Features
Interior Features: Pantry
Flooring: Wood
Exterior
Exterior Features
Patio And Porch Features: Patio, Porch
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Lot Information
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Dimensions: 0.17
Financial
Tax Information
Tax Annual Amount: $771
Location
Location Information
Directions: MITCHELL RD WEST OF 3RD ST, TO NORTH (RIGHT) ON FORD TO WEST (LEFT) ON MOLINE TO NORTH (RIGHT) ON FORMOSA.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,200
Stories: 1.0
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1989
County: Shelby County
APN: 075041 00005
Home facts updated by county records on Jul 14, 2026
Other
Home Information
Living Area Units: Square Feet
Building Area Units: Square Feet
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Ford Road Elementary School
Public PreK-5 • Assigned • 0.1mi
3/10
Chickasaw Junior High School
Public 6-8 • Assigned • 1.5mi
4/10
Mitchell High School
Public 9-12 • Assigned • 0.2mi
3/10
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
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$84,000 – $102,000
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