Google street view image for 3985 New Willow Rd, Memphis, TN 38111

Off market aug 2020 for $2.7M

—

Est. refi paymentEst. refi $16,209/mo

•

1 ba

•

30,780

sq ft

3985 New Willow Rd, Memphis, TN 38111

About this home

3985 New Willow Rd is a 30,780 square foot multi-family home on a 2.65 acre lot with 2 bedrooms and 1 bathroom. - it last sold on August 04, 2020 for $2,775,000.

Multi-familyProperty Type

1972Year Built

2.65 acresLot Size

$90Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 38111, TN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.5%

0.1% MoM

Median sale price

$190K

$2K MoM

Avg. days on market

26d

3 days MoM

Recently sold homes

129

0 MoM

New listings for sale

$245,000
3 beds2.5 baths— sq ft
3365 Central Ave, Memphis, TN 38111
$180,000
5 beds3 baths— sq ft
1508 Joanne St, Memphis, TN 38111
$79,900
3 beds1 bath— sq ft
580 Marianna St, Memphis, TN 38111
$170,000
4 beds2 baths— sq ft
1529 Pinecrest Dr, Memphis, TN 38111
$838,284
20 beds— baths— sq ft
3917 Dunn Ave, Memphis, TN 38111
$489,900
3 beds3 baths— sq ft
106 Red Acres Cir, Memphis, TN 38111
$214,900
4 beds2 baths— sq ft
557 Lundee St, Memphis, TN 38111
$889,000
5 beds4 baths— sq ft
3679 Waynoka Ave, Memphis, TN 38111
$149,900
3 beds1 bath— sq ft
1697 Merrycrest Dr, Memphis, TN 38111
$218,000
3 beds2 baths— sq ft
573 Marianna St, Memphis, TN 38111
See all

Provided by Redfin

Sale history for 3985 New Willow Rd

Year

Property tax

Land + Additions

Assessment*

2025

$46,685 (−2.2%)

$140,400 + $745,320

$885,720

2024

$47,720 (+8.1%)

$140,400 + $745,320

$885,720

2023

$44,142

$114,000 + $610,640

$724,640

2022

$44,142 (−1.2%)

$114,000 + $610,640

$724,640

2021

$44,660 (+190.6%)

$114,000 + $610,640

$724,640

2020

$15,370

$114,000 + $610,640

$724,640

2019

$15,370

$114,000 + $98,120

$212,120

2018

$15,370 (+61.0%)

$114,000 + $98,120

$212,120

2017

$9,545 (+9.2%)

$114,000 + $98,120

$212,120

2016

$8,740

$114,000 + $118,240

$232,240

2014

$8,740

$115,360 + $84,640

$200,000

Tax history for 3985 New Willow Rd

Year

Property tax

Land + Additions

Assessment*

2025

$46,685 (−2.2%)

$140,400 + $745,320

$885,720

2024

$47,720 (+8.1%)

$140,400 + $745,320

$885,720

2023

$44,142

$114,000 + $610,640

$724,640

2022

$44,142 (−1.2%)

$114,000 + $610,640

$724,640

2021

$44,660 (+190.6%)

$114,000 + $610,640

$724,640

2020

$15,370

$114,000 + $610,640

$724,640

2019

$15,370

$114,000 + $98,120

$212,120

2018

$15,370 (+61.0%)

$114,000 + $98,120

$212,120

2017

$9,545 (+9.2%)

$114,000 + $98,120

$212,120

2016

$8,740

$114,000 + $118,240

$232,240

2014

$8,740

$115,360 + $84,640

$200,000

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

Zoning and permits

Zoning
Permits

RU-3

Residential Urban-3 District

Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of 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

Interior

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Fuel Type: Gas

Exterior

Exterior Information
Exterior Wall: Brick Veneer
Building Type: Apartment

Property Information
Subdivision Name: EAST MENPHIS PARK SUB SEC B
Building Sq. Ft: 30,780

Lot Information
# of Buildings: 3
Land Sq. Ft: 115,346
Legal Lot Number: 11&12
Municipality Name: MEMPHIS
Acres: 2.648
Zoning Code: RU-3
County Use Description: APARTMENT COMPLEX

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 30,780
Stories: —
Lot Size: 2.65 acres
Style: Multi-Family (5+ Unit)
Year Built: 1972
Year Renovated: —
County: Shelby County
APN: 058101 00002C

Home facts updated by county records on Jun 16, 2026

Around this home

Schools

South Park Elementary School

Public PreK-5 • Assigned • 0.1mi

4/10

Colonial Middle School

Public 6-8 • Assigned • 1.7mi

6/10

Overton High School

Public 9-12 • Assigned • 1.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 67-75% 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

7/10 Heat Factor

7 days above 109° expected this year, 21 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)

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

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$457,000

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20 beds— baths— sq ft

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New listings for sale in 38111

$245,000

3 beds2.5 baths— sq ft

3365 Central Ave, Memphis, TN 38111

$180,000

5 beds3 baths— sq ft

1508 Joanne St, Memphis, TN 38111

$79,900

3 beds1 bath— sq ft

580 Marianna St, Memphis, TN 38111

$170,000

4 beds2 baths— sq ft

1529 Pinecrest Dr, Memphis, TN 38111

$838,284

20 beds— baths— sq ft

3917 Dunn Ave, Memphis, TN 38111

$489,900

3 beds3 baths— sq ft

106 Red Acres Cir, Memphis, TN 38111

$214,900

4 beds2 baths— sq ft

557 Lundee St, Memphis, TN 38111

$889,000

5 beds4 baths— sq ft

3679 Waynoka Ave, Memphis, TN 38111

$149,900

3 beds1 bath— sq ft

1697 Merrycrest Dr, Memphis, TN 38111

Home values near 3985 New Willow Rd

Data from public records.

Address	Redfin Estimate
4007 New Willow Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$57,416
3999 New Willow Rd, Memphis, TN 3 Beds \| 2 Baths \| 1792 Sq. Ft.	$117,289

Address	Redfin Estimate
4017 New Willow Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$60,904
4011 New Willow Rd, Memphis, TN 3 Beds \| 1 Baths \| 1019 Sq. Ft.	$92,290

Address	Redfin Estimate
3972 New Willow Rd, Memphis, TN 30 Beds \| - Baths \| - Sq. Ft.	—
4021 New Willow Rd, Memphis, TN 4 Beds \| 2 Baths \| 1141 Sq. Ft.	$84,905

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 38111, TN

Sale history for 3985 New Willow Rd

Tax history for 3985 New Willow Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 38111

Home values near 3985 New Willow Rd

More real estate resources