Great investment in Raleigh with solid 4 year tenant, pays on time and takes exceptional care of the home. Interior remodel in 2020, new roof and exterior repairs in 2021.
Single-familyProperty Type
1972Year Built
8,276 sq ftLot Size
1 spaceParking
Listed by Brett Bernard• The Stamps Real Estate Company
CONTRACT FAILED!! INVESTORS ONLY. Tenant occupied. DO NOT APPROACH OR DISTURB TENANT. Professionally managed. Rents for $700. Part of a large portfolio. Seller strongly prefers bulk offers, may or may not entertain individual offers.
Memphis Area Association of Realtors(R) MLS #10147692
Jun 28, 2023
Sold
$100,000
May 10, 2023
Listed
$109,000
Memphis Area Association of Realtors(R) MLS #10115665
Feb 25, 2022
Sold
$102,000
Jan 13, 2022
Listed
$105,000
Great investment! 3 year tenant- pays on time and takes good care of the property. Rent Ready was done in December of 2020 including a new roof. Current rent $745- Market rent $1025. Cash flowing asset with good future ROI in hot Raleigh neighborhood. DO NOT DISTURB TENANT- Showings with accepted contract.
Memphis Area Association of Realtors(R) MLS #10082911
Dec 22, 2020
Sold
$58,250
Aug 12, 2020
Listed
$65,000
Public Records
Apr 10, 2017
Sold
$432,936
Public Records
Apr 17, 2012
Sold
$500,000
Public Records
Mar 27, 2012
Sold
$48,000
Memphis Area Association of Realtors(R) MLS #3240937
Mar 20, 2012
Sold
$24,000
Feb 10, 2012
Listed
$29,900
Memphis Area Association of Realtors(R) MLS #3106535
Jul 30, 2007
Sold
$33,450
Jun 11, 2007
Listed
$39,900
Memphis Area Association of Realtors(R) MLS #310140
Aug 17, 2000
Sold
$55,900
May 18, 2000
Listed
$55,900
Year
Property tax
Land + Additions
Assessment*
2025
$1,318 (+27.0%)
$2,875 + $22,125
$25,000
2024
$1,037 (+8.1%)
$2,875 + $22,125
$25,000
2023
$959
$2,250 + $13,500
$15,750
2022
$959 (−1.2%)
$2,250 + $13,500
$15,750
2021
$971 (+5.7%)
$2,250 + $13,500
$15,750
2020
$918
$2,250 + $13,500
$15,750
2019
$918
$2,250 + $10,425
$12,675
2018
$918 (+76.3%)
$2,250 + $10,425
$12,675
2017
$521 (+13.7%)
$2,250 + $10,425
$12,675
2016
$458
$2,250 + $10,425
$12,675
2014
$458
$2,250 + $9,575
$11,825
Tax history for 3780 Tessland Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,318 (+27.0%)
$2,875 + $22,125
$25,000
2024
$1,037 (+8.1%)
$2,875 + $22,125
$25,000
2023
$959
$2,250 + $13,500
$15,750
2022
$959 (−1.2%)
$2,250 + $13,500
$15,750
2021
$971 (+5.7%)
$2,250 + $13,500
$15,750
2020
$918
$2,250 + $13,500
$15,750
2019
$918
$2,250 + $10,425
$12,675
2018
$918 (+76.3%)
$2,250 + $10,425
$12,675
2017
$521 (+13.7%)
$2,250 + $10,425
$12,675
2016
$458
$2,250 + $10,425
$12,675
2014
$458
$2,250 + $9,575
$11,825
*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
68 ft.
Lot depth
125 ft.
Lot size
8,500 Sq. Ft.
Year renovated
—
Sq. Ft.
1,013
Year built
1972
Style
Single Family Residential
County
Shelby County
APN
090051 00018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 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 mechanical
Replace a furnace in a residential building.
HVAC
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
Carport/Garage: Carport
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Primary Bedroom: Level 1
Bedroom 2 Description: Level 1
Bedroom 3 Description: Level 1
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 6
# 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, Full Bathroom Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Brick Veneer
Foundation: Slab
Roof: Composition Shingles
Land Information
Acreage: 0.19
Lot Information
Parcel ID: 090051 00018
Lot #: 32
Lot Size: 68X125
Lot Description: Some Trees, Other (See Remarks)
Area: 731B
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1972
Financial
Tax Information
Annual City Tax: $426
Annual County Tax: $534
Financing
New Financing: Conventional, FHA, Va
Buyer Contributions: 0
Utilities
Utility Information
Heating: Other (See Remarks)
Cooling: Other (See Remarks)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Going north on New Allen Rd. , take a right onto Ridgemont Ave. Take a right onto Trudy Rd. and a right onto Tessland Rd. Property will be on the right.
MAAR Subdivision Name: NAM NI ESTATES BLK A-1
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,013
Stories: 1.0
Lot Size: 8,500 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: —
County: Shelby County
APN: 090051 00018
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Egypt Elementary School
Public PreK-5 • Assigned • 0.4mi
4/10
Raleigh Egypt High School
Public 6-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 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, 21 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
89
70
87
66
77
55
65
48
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
$101,000 – $123,000
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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.