OFF MARKET
Google street view image for 3871 Homewood Rd, Memphis, TN 38118
Off market nov 2000 for $58K
$354,996
Est. refi paymentEst. refi $403/mo
4
bd
•
2 ba
•
1,506
sq ft

3871 Homewood Rd, Memphis, TN 38118

map-entry

About this home

3871 Homewood Rd is a 1,506 square foot house on a 2.93 acre lot with 4 bedrooms and 2 bathrooms. - it last sold on November 15, 2000 for $58,000. Based on Redfin's Memphis data, we estimate the home's value is $354,996.
Single-familyProperty Type
1953Year Built
2.93 acresLot Size
$236Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$354,996
$297K since sold in November 2000$18K since October

This home's estimate is 204.1% higher than the average sale price ($117K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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$1,475/mo
Redfin rental estimate

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Market trends in 38118, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price
94.9%

1.0% MoM

Median sale price
$135K

$7K MoM

Avg. days on market
43d

7 days MoM

Recently sold homes
55

4 MoM

New listings for sale

Provided by Redfin

Sale history for 3871 Homewood Rd

Tax history for 3871 Homewood Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

IH

Heavy Industrial District

The IH district is intended to accommodate high-impact manufacturing, industrial or other uses, including extractive and waste-related uses, that by their nature create some nuisance, and which are not properly associated with or are compatible with nearby residential districts or other less intense mixed use or industrial districts.
Permitted uses

Include but are not limited to:

  • Gas station
  • General retail
  • Restaurant
  • Industrial
  • Manufacturing
  • Infrastructure
  • Office
  • Medical office
  • Fire house
  • Police station

Property details

Around this home

Schools

Sheffield Elementary School

Public PreK-5 • Assigned • 1.1mi

3/10
American Way Middle School

Public 6-8 • Assigned • 2.3mi

6/10
Sheffield High School

Public 9-12 • Assigned • 1.3mi

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 109° expected this year, 19 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 • 38118
Average low and high temperatures (°F)
48°
30°
58°
38°
72°
50°
78°
58°
79°
63°
89°
72°
92°
77°
90°
72°
88°
68°
76°
58°
66°
49°
55°
40°
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
$338,000 – $409,000

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Nearby similar homes

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New listings for sale in 38118

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$140,000
4 beds1.5 baths— sq ft
4226 Cottonwood Rd, Memphis, TN 38118
Fenced backyard • Large kitchen • 8,276 sq ft lot
$164,900
3 beds2 baths— sq ft
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Renovated in 2022 • New roof • New windows
$129,900
3 beds1.5 baths— sq ft
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Updated kitchen • Gas range • Updated bathroom
$114,900
3 beds1 bath— sq ft
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$99,900
3 beds1 bath— sq ft
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$99,900
2 beds2 baths— sq ft
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3,049 sq ft lot • Built 1985 • Listed 8 days

Home values near 3871 Homewood Rd

Data from public records.
AddressRedfin Estimate
2 Beds | 1 Baths | 1130 Sq. Ft.
$118,972
- Beds | - Baths | 3500 Sq. Ft.
—
AddressRedfin Estimate
2 Beds | 1 Baths | 990 Sq. Ft.
$204,123
AddressRedfin Estimate
- Beds | - Baths | 9000 Sq. Ft.
—

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