This property has professional property management in place with Reedy and Company. This property is being sold in its current condition, with no repairs or renovations provided by the seller. No wholesale or creative financing offers.
Single-familyProperty Type
1950Year Built
8,276 sq ftLot Size
Listed by Mark Hart• Reedy & Company, REALTORS
Bought with Jonathan Nunez• Fast Track Realty, LLC
Memphis Area Association of Realtors(R) MLS #10201824
Aug 15, 2025
Sold
$60,000
Jul 22, 2025
Listed
$60,000
Memphis Area Association of Realtors(R) MLS #2
Jul 12, 2024
Price Changed
$74,900
Public Records
Oct 14, 2022
Sold
$57,000
Public Records
Apr 18, 2022
Sold
$330,000
Memphis Area Association of Realtors(R) MLS #1
Nov 16, 2015
Price Changed
$35,000
Public Records
Apr 18, 1972
Sold
$5,500
Public Records
Jan 29, 1969
Sold
$8,300
Year
Property tax
Land + Additions
Assessment*
2025
$828 (+16.1%)
$4,475 + $11,225
$15,700
2024
$713 (+8.1%)
$4,475 + $11,225
$15,700
2023
$659
$3,125 + $7,700
$10,825
2022
$659 (−1.2%)
$3,125 + $7,700
$10,825
2021
$667 (+15.1%)
$3,125 + $7,700
$10,825
2020
$580
$3,125 + $7,700
$10,825
2019
$580
$2,225 + $5,775
$8,000
2018
$580 (+76.3%)
$2,225 + $5,775
$8,000
2017
$329 (+10.0%)
$2,225 + $5,775
$8,000
2016
$299
$2,225 + $5,775
$8,000
2014
$299
$2,125 + $4,725
$6,850
Tax history for 3540 Wilshire Rd
Year
Property tax
Land + Additions
Assessment*
2025
$828 (+16.1%)
$4,475 + $11,225
$15,700
2024
$713 (+8.1%)
$4,475 + $11,225
$15,700
2023
$659
$3,125 + $7,700
$10,825
2022
$659 (−1.2%)
$3,125 + $7,700
$10,825
2021
$667 (+15.1%)
$3,125 + $7,700
$10,825
2020
$580
$3,125 + $7,700
$10,825
2019
$580
$2,225 + $5,775
$8,000
2018
$580 (+76.3%)
$2,225 + $5,775
$8,000
2017
$329 (+10.0%)
$2,225 + $5,775
$8,000
2016
$299
$2,225 + $5,775
$8,000
2014
$299
$2,125 + $4,725
$6,850
*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
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
168 ft.
Lot size
8,400 Sq. Ft.
Year renovated
—
Sq. Ft.
720
Year built
1950
Style
Single Family Residential
County
Shelby County
APN
058045 00049
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 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
Property details
Parking
Parking Information
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:
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 4
# of Stories: 1
Floors/Ceilings: Sprayed Ceiling
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Eat-In Kitchen, Living Room/Dining Room Combination, Washer/Dryer Connections
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors, Patio
Exterior/Windows: Wood/Composition
Land Information
Acreage: 0.19
Lot Information
Parcel ID: 058045 00049
Lot #: 3
Lot Size: 50X168
Lot Description: Level, Some Trees
Area: 758B
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1950
Financial
Tax Information
Annual City Tax: $292
Annual County Tax: $367
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: From S Prescott Rd go east on Wilshire Rd, house is on the left
MAAR Subdivision Name: SHERWOOD FOREST
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 720
Stories: 1.0
Lot Size: 8,400 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Shelby County
APN: 058045 00049
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
K - 12
Preschool & daycare
Sherwood Elementary School
Public PreK-5 • Assigned • 0.4mi
4/10
Sherwood Middle School
Public 6-8 • Assigned • 0.2mi
5/10
Melrose High School
Public 9-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 80%+ chance 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, 20 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
90
72
87
68
75
58
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 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$75,000 – $91,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2025. This data may not match public records. Learn more.