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$40,000

2965 Mount Olive Rd, Memphis, TN 38108

3beds

1,168sqft

Single Family Residence, Residential

Built in 1992

9,583 Square Feet Lot

$84,400 Zestimate^®

$34/sqft

$1,207 Estimated rent

Home value

$84,400

$62,000 - $108,000

$1,207/mo

Zestimate^® history

Owner options

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$1,207/mo

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$1,207/mo

Rent Zestimate^®

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$201/mo

Est. payment

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$201/mo

Est. payment

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What's special

INVESTOR SPECIAL or Handyman Owner that wants a clean slate! Home will need a total rehab, built in 1992, 3 Bedrooms 2 Baths will be a great rebuild. This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors next buy and hold. Will make a great investment property. Property is priced below market to reflect needed repairs. No utilities. Per seller roof appears to be about 7 yrs old. Sold AS IS, Buyers to perform their own due diligence.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Features

Flooring: Other

Interior area

Total structure area: 1,168
Total interior livable area: 1,168 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Fencing: Chain Link

Lot

Size: 9,583 Square Feet
Dimensions: 80 x 120

Details

Parcel number: 043018 00006
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1992

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Available

Community & HOA

Community

Subdivision: Bunglaow Pasrk

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $34/sqft
Tax assessed value: $14,900
Annual tax amount: $615
Date on market: 10/18/2025

Price history

Date	Event	Price
7/20/2025	Listing removed	$1,100$1/sqft
Source: Zillow Rentals Report a problem
7/19/2025	Listed for rent	$1,100$1/sqft
Source: Zillow Rentals Report a problem
5/1/2024	Sold	$40,000-18.4%$34/sqft
Source: RealTracs MLS as distributed by MLS GRID #3020708 Report a problem
4/22/2024	Pending sale	$49,000$42/sqft
Source: MAAR #10169360 Report a problem
4/4/2024	Listed for sale	$49,000+113%$42/sqft
Source: MAAR #10169360 Report a problem
1/31/2024	Sold	$23,000+607.7%$20/sqft
Source: Public Record Report a problem
8/9/2011	Sold	$3,250-45.8%$3/sqft
Source: Public Record Report a problem
10/19/2009	Sold	$6,000+42.9%$5/sqft
Source: Public Record Report a problem
10/2/2008	Sold	$4,200-47.5%$4/sqft
Source: Public Record Report a problem
8/20/2008	Listed for sale	$8,000-50%$7/sqft
Source: foreclosure.com Report a problem
5/28/2008	Sold	$16,000-36%$14/sqft
Source: Public Record Report a problem
4/26/2005	Sold	$25,000+56.3%$21/sqft
Source: Public Record Report a problem
2/18/2005	Sold	$16,000-51.2%$14/sqft
Source: Public Record Report a problem
10/11/2004	Sold	$32,763$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$196 -70.5%	$3,725 -63.1%
2024	$665 +8.1%	$10,100
2023	$615	$10,100
2022	--	$10,100 +292.2%
2021	--	$2,575 +21.2%
2020	$68	$2,125
2019	$68 -21.1%	$2,125
2018	$86 -45.1%	$2,125
2017	$157 -49.2%	$2,125 -76.6%
2016	$309 -15.5%	$9,075
2014	$365	$9,075
2013	--	$9,075 -20.7%
2012	--	$11,450
2011	--	$11,450
2010	--	$11,450
2009	--	$11,450 -14.1%
2008	--	$13,325
2007	--	$13,325
2006	--	$13,325
2005	--	$13,325 +1.7%
2004	--	$13,100
2003	--	$13,100
2002	--	$13,100
2001	--	$13,100 -13.7%
2000	--	$15,175