MULTIPLE OFFERS! H & B DUE BY 4/18 @11:59PM. Property to be sold AS-IS. TENANT OCCUPIED, DO NOT DISTURB TENANT. The property is rented for $895/month on a lease that ends in May 2025 & continues month-to-month at $1,095/month. Lease can be provided upon request. No showings without an accepted contract. Seller prefers to sell as package with 4607 Buffer Dr 38128, 3754 Sturgeon Ave 38111, & 1550 Hope St 38111 (Package of 4 properties for a total of $314,000). They can be sold individually as well.
Single-familyProperty Type
1968Year Built
9,800 sq ftLot Size
$128Est. Price/Sq.Ft.
1 spaceParking
Listed by Jordan Ray• eXp Realty, LLC
Bought with Jordan Ray• eXp Realty, LLC
Source:Memphis Area Association of Realtors(R) MLS #10170031
Redfin Estimate
$118,892
$20K since sold in November 2024$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.5% higher than the average sale price ($110K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #10170031
May 21, 2024
Sold
$85,000
$92/sq ft
Apr 13, 2024
Listed
$90,000
$97/sq ft
MULTIPLE OFFERS! H & B DUE BY 4/18 @11:59PM. Property to be sold AS-IS. TENANT OCCUPIED, DO NOT DISTURB TENANT. The property is rented for $895/month on a lease that ends in May 2025 & continues month-to-month at $1,095/month. Lease can be provided upon request. No showings without an accepted contract. Seller prefers to sell as package with 4607 Buffer Dr 38128, 3754 Sturgeon Ave 38111, & 1550 Hope St 38111 (Package of 4 properties for a total of $314,000). They can be sold individually as well.
RENTLY #1
Dec 29, 2023
Rental Removed
$895
$1/sq ft
Dec 20, 2023
Price Changed
$895
$1/sq ft
Nov 7, 2023
Price Changed
$995
$1/sq ft
Oct 17, 2023
Price Changed
$1,395
$2/sq ft
Sep 26, 2023
Price Changed
$995
$1/sq ft
Sep 9, 2023
Listed for Rent
$1,195
$1/sq ft
Public Records
Apr 2, 2015
Sold
$369,600
$398/sq ft
Memphis Area Association of Realtors(R) MLS #9941201
Mar 31, 2015
Sold
$43,500
$47/sq ft
Dec 11, 2014
Listed
$45,000
$48/sq ft
+5
LANDLORD IS RETIRING. LONG TERM TENANT, LEASED FOR $695 PER MONTH. MAKE OFFER CONTINGENT ON INTERIOR INSPECTION. EXTERIOR CONDITION IS INDICATIVE OF INTERIOR CONDITION. POSSESSION GIVEN SUBJECT TO TENANT'S RIGHTS. SELLER HAS 8 ADDITIONAL INCOME GENERATING PROPERTIES FOR SALE. 1550 HOPE, 1551 HOPE, 4607 BUFFER, 3140 DANVILLE, 3882 LOWIN CV, 3833 RAINFORD, 3815 RAINFORD AND 3754 STURGEON. DO NOT DISTURB TENANTS. SELLER MAY CONSIDER SOME OWNER FINANCING FOR AN EXPERIENCED LANDLORD.
Public Records
Jul 18, 1994
Sold
$39,010
$42/sq ft
Public Records
Mar 3, 1994
Sold
$34,379
$37/sq ft
Public Records
Aug 28, 1990
Sold
$38,500
$41/sq ft
Public Records
Aug 16, 1967
Sold
$11,700
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,410 (+63.4%)
$2,875 + $23,875
$26,750
2024
$863 (+8.1%)
$2,875 + $23,875
$26,750
2023
$798
$2,250 + $10,850
$13,100
2022
$798 (−1.2%)
$2,250 + $10,850
$13,100
2021
$807 (+7.9%)
$2,250 + $10,850
$13,100
2020
$748
$2,250 + $10,850
$13,100
2019
$748
$2,250 + $8,075
$10,325
2018
$748 (+76.3%)
$2,250 + $8,075
$10,325
2017
$424 (−10.5%)
$2,250 + $8,075
$10,325
2016
$474
$2,250 + $8,075
$10,325
2014
$474
$2,250 + $8,600
$10,850
Tax history for 4228 Hobson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,410 (+63.4%)
$2,875 + $23,875
$26,750
2024
$863 (+8.1%)
$2,875 + $23,875
$26,750
2023
$798
$2,250 + $10,850
$13,100
2022
$798 (−1.2%)
$2,250 + $10,850
$13,100
2021
$807 (+7.9%)
$2,250 + $10,850
$13,100
2020
$748
$2,250 + $10,850
$13,100
2019
$748
$2,250 + $8,075
$10,325
2018
$748 (+76.3%)
$2,250 + $8,075
$10,325
2017
$424 (−10.5%)
$2,250 + $8,075
$10,325
2016
$474
$2,250 + $8,075
$10,325
2014
$474
$2,250 + $8,600
$10,850
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Frame
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: NAM NI ESTATES RE
Living Sq. Ft: 928
Ground Floor Sq. Ft: 928
Building Sq. Ft: 928
# of Stories: 1
Stories Type: 1
Legal Description: ES HOBSON RD
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 198
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,800
Legal Lot Number: 308
Municipality Name: MEMPHIS
Acres: 0.225
Depth Footage: 140
Front Footage: 70
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 928
Stories: 1.0
Lot Size: 9,800 square feet
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1996
County: Shelby County
APN: 090052 00030
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Egypt Elementary School
Public PreK-5 • Assigned • 0.6mi
4/10
Raleigh Egypt High School
Public 6-12 • Assigned • 0.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% 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
16% 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
85
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
$113,000 – $137,000
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