Your house note will be cheaper than rent! Great investment for your family in this spacious 1446 sq ft home with a living room, dining room, 3 bedrooms, kitchen, 1 bath, large back yard that is ideal for family fun. Use the FHA 203K to customize this home to fit your family's first home with a low monthly payment. Ask about possible 3% closing cost concessions from the seller for help with closing cost. Neighborhood is close to churches, schools, stores, parks and public transportation.
Single-familyProperty Type
1960Year Built
8,712 sq ftLot Size
$51Est. Price/Sq.Ft.
Listed by Carol Tate• Tate Realty and Construction
Bought with Carol Tate• Tate Realty and Construction
Memphis Area Association of Realtors(R) MLS #10077763
Jun 19, 2020
Sold
$25,000
$18/sq ft
Jun 2, 2020
Listed
$25,000
$18/sq ft
Public Records
Nov 18, 1969
Sold
$9,850
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,397 (+15.3%)
$2,525 + $23,975
$26,500
2024
$1,212 (+8.1%)
$2,525 + $23,975
$26,500
2023
$1,121
$1,775 + $16,625
$18,400
2022
$1,121 (−1.2%)
$1,775 + $16,625
$18,400
2021
$1,134 (+46.6%)
$1,775 + $16,625
$18,400
2020
$774
$1,775 + $16,625
$18,400
2019
$774
$1,775 + $8,900
$10,675
2018
$774 (+76.3%)
$1,775 + $8,900
$10,675
2017
$439 (−8.2%)
$1,775 + $8,900
$10,675
2016
$478
$1,775 + $8,900
$10,675
2014
$478
$1,775 + $9,175
$10,950
Tax history for 5040 Eighth Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,397 (+15.3%)
$2,525 + $23,975
$26,500
2024
$1,212 (+8.1%)
$2,525 + $23,975
$26,500
2023
$1,121
$1,775 + $16,625
$18,400
2022
$1,121 (−1.2%)
$1,775 + $16,625
$18,400
2021
$1,134 (+46.6%)
$1,775 + $16,625
$18,400
2020
$774
$1,775 + $16,625
$18,400
2019
$774
$1,775 + $8,900
$10,675
2018
$774 (+76.3%)
$1,775 + $8,900
$10,675
2017
$439 (−8.2%)
$1,775 + $8,900
$10,675
2016
$478
$1,775 + $8,900
$10,675
2014
$478
$1,775 + $9,175
$10,950
*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
3
Baths
1
Stories
1
Lot width
75 ft.
Lot depth
120 ft.
Lot size
9,000 Sq. Ft.
Year renovated
1990
Sq. Ft.
1,446
Year built
1960
Style
Single Family Residential
County
Shelby County
APN
075248 00022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
Property details
Parking
Parking Information
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:
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 7
# of Stories: 1
Miscellaneous Interior: Other (See Remarks)
Interior Equipment: Other (See Remarks)
Floors/Ceilings: Part Hardwood, Part Carpet
Fireplace: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0
Living Room Dimensions: 0
Living/Dining/Kitchen: Separate Living Room, Separate Dining Room
Den/Great Room Dimensions: 0
Other Rooms: Other (See Remarks)
Additional Bedroom/Bathroom Info: All Bedrooms Down, Other (See Remarks)
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Porch
Exterior/Windows: Wood/Composition
Foundation: Conventional
Roof: Other (See Remarks)
Land Information
Acreage: 0.2
Lot Information
Parcel ID: 075248 00022
Lot #: 23
Lot Size: 0.20
Lot Description: Other (See Remarks)
Area: 766A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1400-1599
Year Built: 1960
Financial
Tax Information
Annual City Tax: $372
Annual County Tax: $479
Financing
New Financing: Other (See Remarks)
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Take Maggie Rd to 8th Rd.
MAAR Subdivision Name: LAKEVIEW GARDENS SECTION D
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,446
Stories: 1.0
Lot Size: 9,000 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1990
County: Shelby County
APN: 075248 00022
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Geeter School
Public PreK-8 • Assigned • 0.9mi
4/10
Fairley High School
Charter 9-12 • Assigned • 1.6mi
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
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
19% 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 • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$69,000 – $83,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2020. This data may not match public records. Learn more.