OFF MARKET

Off market oct 2024 for $43K

$79,097

Est. refi paymentEst. refi $415/mo

•

1,144

sq ft

3427 Margaretta Rd, Memphis, TN 38128

About this home

Attention investors. Where else in the 38128 can you find an over 1100 sq. ft. brick home at this price point? Features 2 Beds and one Bath with a large den/flex room in the back that could be used as a 3rd bed. Potential to value add a second en suite bathroom and convert this to a full 3/2. Back den has a fireplace. With over .75 acres it's possible to add a side yard house for added income or build to your specifications on this flat and sizable lot. So many potential possibilities await.

Single-familyProperty Type

1952Year Built

0.79 acresLot Size

$69Est. Price/Sq.Ft.

1 car garageParking

Listed by • eXp Realty

Contact: 9013357878

Bought with • eXp Realty

Redfin checked: 2 minutes ago

•Source:REALTRACS #3094347

Redfin Estimate

$79,097

$35K since sold in October 2024$11K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.8% lower than the average sale price ($93K) of 6 comparable homes.

SOLD SEP 15, 2026
$109,900
A
3 beds1 bath1,293 sq ft
2919 Bede St, Memphis, TN 38128
Listing provided by realtracs
SOLD SEP 24, 2026
$65,500
B
3 beds1 bath— sq ft
3564 England St, Memphis, TN 38127
SOLD JUL 17, 2026
$69,000
C
3 beds1.5 baths— sq ft
3445 Justine St, Memphis, TN 38127
SOLD JUN 23, 2026
$145,000
D
3 beds1.5 baths1,103 sq ft
3669 Brookmeade St, Memphis, TN 38127
Listing provided by realtracs
SOLD AUG 24, 2026
$73,000
E
3 beds1 bath— sq ft
3613 Debby Dr, Memphis, TN 38127
SOLD OCT 5, 2026
$94,900
F
3 beds1 bath— sq ft
2840 Allen Rd, Memphis, TN 38128

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,179/mo

Redfin rental estimate

List your home for rent

Market trends in 38128, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

95.9%

0.0% MoM

Median sale price

$149K

$5K MoM

Avg. days on market

41d

6 days MoM

Recently sold homes

100

1 MoM

New listings for sale

NEW 2 HRS AGO
$199,000
4 beds2.5 baths— sq ft
3094 E Glengarry Rd, Memphis, TN 38128
NEW 22 HRS AGO
$150,000
3 beds1.5 baths— sq ft
4057 Hobson Rd, Memphis, TN 38128
NEW 23 HRS AGO
$170,000
3 beds2 baths— sq ft
3236 Ancroft Cv, Memphis, TN 38128
NEW 28 HRS AGO
$149,000
3 beds2 baths— sq ft
3914 Winwood Dr, Memphis, TN 38128
NEW 31 HRS AGO
$135,000
3 beds1 bath— sq ft
3949 Old Allen Rd, Memphis, TN 38128
NEW 1 DAY AGO
$169,900
3 beds2 baths— sq ft
2992 Scheibler Rd, Memphis, TN 38128
$150,000
3 beds2 baths— sq ft
3010 Scotland Rd, Memphis, TN 38128
$129,900
4 beds1.5 baths— sq ft
3692 Socorro Cv, Memphis, TN 38128
$139,900
3 beds2 baths— sq ft
3522 Panbrook Cv, Memphis, TN 38128
$190,000
3 beds2 baths— sq ft
4264 Elysian Dr, Memphis, TN 38128-1428
See all

Provided by Redfin

Sale history for 3427 Margaretta Rd

Date

Event

Price

REALTRACS #3092901

Jan 15, 2026

Listing Removed

—

Jan 14, 2026

Listed

$15,000

$13/sq ft

REALTRACS #3094347

Jan 15, 2026

Listed

$58,000

$51/sq ft

Oct 25, 2024

Sold

$43,750

$38/sq ft

Memphis Area Association of Realtors(R) MLS #10182012

Oct 25, 2024

Sold

$43,750

$38/sq ft

Sep 25, 2024

Listed

$58,000

$51/sq ft

+20

Attention investors. Where else in the 38128 can you find an over 1100 sq. ft. brick home at this price point? Features 2 Beds and one Bath with a large den/flex room in the back that could be used as a 3rd bed. Potential to value add a second en suite bathroom and convert this to a full 3/2. Back den has a fireplace. With over . 75 acres it's possible to add a side yard house for added income or build to your specifications on this flat and sizable lot. So many potential possibilities await.

Memphis Area Association of Realtors(R) MLS #3169039

Jul 1, 2009

Sold

$12,900

$11/sq ft

Apr 17, 2009

Listed

$12,900

$11/sq ft

Public Records

Nov 21, 2006

Sold

$50,400

$44/sq ft

Memphis Area Association of Realtors(R) MLS #2643596

Sep 28, 2006

Sold

$14,200

$12/sq ft

Jul 17, 2006

Listed

$20,900

$18/sq ft

Public Records

Jun 1, 2005

Sold

$60,000

$52/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$941 (−11.8%)

$2,325 + $15,525

$17,850

2024

$1,067 (+8.1%)

$2,325 + $15,525

$17,850

2023

$987

$2,050 + $14,150

$16,200

2022

$987 (−1.2%)

$2,050 + $14,150

$16,200

2021

$998 (+47.8%)

$2,050 + $14,150

$16,200

2020

$676

$2,050 + $14,150

$16,200

2019

$676

$2,050 + $7,275

$9,325

2018

$676 (+76.3%)

$2,050 + $7,275

$9,325

2017

$383 (−3.0%)

$2,050 + $7,275

$9,325

2016

$395

$2,050 + $7,275

$9,325

2014

$395

$2,050 + $7,000

$9,050

Tax history for 3427 Margaretta Rd

Year

Property tax

Land + Additions

Assessment*

2025

$941 (−11.8%)

$2,325 + $15,525

$17,850

2024

$1,067 (+8.1%)

$2,325 + $15,525

$17,850

2023

$987

$2,050 + $14,150

$16,200

2022

$987 (−1.2%)

$2,050 + $14,150

$16,200

2021

$998 (+47.8%)

$2,050 + $14,150

$16,200

2020

$676

$2,050 + $14,150

$16,200

2019

$676

$2,050 + $7,275

$9,325

2018

$676 (+76.3%)

$2,050 + $7,275

$9,325

2017

$383 (−3.0%)

$2,050 + $7,275

$9,325

2016

$395

$2,050 + $7,275

$9,325

2014

$395

$2,050 + $7,000

$9,050

*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

Baths

Stories

Lot width

100 ft.

Lot depth

347 ft.

Lot size

0.8 Acres

Year renovated

—

Sq. Ft.

1,144

Year built

1952

Style

Single Family Residential

County

Shelby County

APN

084001 00008

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 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

Feb 2, 2021 • Final

Residential mechanical

Perform an air test on a residential building.

HVAC

Oct 7, 2020 • Final

Residential electrical

Reinstall an electrical meter.

Electrical

Electric meter

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
Covered Spaces: 1
Parking Total: 1
Parking Features: Detached, Parking Pad
Garage Spaces: 1
Has Garage

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 1

Laundry Room Information
Laundry Features: Washer Hookup

Basement Information
Basement Features: Other

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Den

Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air

Interior Features
Flooring: Other

Exterior

Building Information
Roof: Shingle

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Storage
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor

Lot Information
Lot Size Area: 0.79
Lot Size Units: Acres
Lot Size Acres: 0.79
Lot Size Dimensions: 100X347

Financial

Tax Information
Tax Annual Amount: $987

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Water Available

Location

Location Information
Directions: New Allen Road to Frayser Blvd West. Left on Warford Street. Right on Gothard Rd. Right on Margaretta Rd. to property on left.

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,144
Stories: 1.0
Lot Size: 0.8 acres
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Shelby County
APN: 084001 00008

Home facts updated by county records on Oct 22, 2026

Other

Home Information
Living Area: 1144
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1144
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More

Around this home

Schools

Scenic Hills Elementary School

Public PreK-5 • Assigned • 1.4mi

3/10

Raleigh Egypt High School

Public 6-12 • Assigned • 2.4mi

4/10

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 110° expected this year, 21 days in 30 years

4/10 Wind Factor

17% 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)

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

$76,000 – $91,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

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New listings for sale in 38128

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NEW 31 HRS AGO

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NEW 1 DAY AGO

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Home values near 3427 Margaretta Rd

Data from public records.

Address	Redfin Estimate
3436 Margaretta Road, Memphis, TN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$108,745
3399 Margaretta Road, Memphis, TN 4 Beds \| 3 Baths \| - Sq. Ft.	$226,321

Address	Redfin Estimate
3468 Margaretta Road, Memphis, TN 2 Beds \| 1 Baths \| 688 Sq. Ft.	$45,852
3447 Margaretta Road, Memphis, TN 1 Beds \| 2 Baths \| 1528 Sq. Ft.	$81,911

Address	Redfin Estimate
3417 Margaretta Road, Memphis, TN 3 Beds \| 1 Baths \| 1014 Sq. Ft.	$60,113
3445 Margaretta Road, Memphis, TN 3 Beds \| 1 Baths \| 675 Sq. Ft.	$57,128

Property information provided by REALTRACS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38128, TN

Sale history for 3427 Margaretta Rd

Tax history for 3427 Margaretta Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38128

Home values near 3427 Margaretta Rd

More real estate resources