Rented for $1150/mo, this cash-flowing investment property is ready for a new owner. With 3 beds, 2 full baths and a large corner lot, this home has it all. Conveniently located in Raleigh near the Nike and Amazon shipping fulfillment facilities, there will be a large tenant pool to choose for the foreseeable future.
For sale
Price cut: $4K (7/2)
$121,000
3878 Windermere Rd, Memphis, TN 38128
3beds
1,089sqft
Single Family Residence
Built in 1981
0.25 Acres Lot
$114,100 Zestimate®
$111/sqft
$-- HOA
What's special
Large corner lot
- 6 days |
- 152 |
- 8 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Joshua P Cooper,
Sowell, Realtors 901-278-4380
Source: MAAR,MLS#: 10225203
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Living room
- Features: Separate Living Room
Heating
- Central, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors
- Has fireplace: No
Interior area
- Total interior livable area: 1,089 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 0.25 Acres
- Dimensions: 101 x 112
- Features: Corner Lot
Details
- Parcel number: 090071 00001
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood/Composition, Stone
Condition
- New construction: No
- Year built: 1981
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Timberlake Sec B
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $84,700
- Annual tax amount: $1,116
- Price range: $121K - $121K
- Date on market: 7/2/2026
Estimated market value
$114,100
$98,000 - $128,000
$1,199/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $121,000-3.2%$111/sqft |
Source:  MAAR #10225203 Report a problem | ||
| 6/10/2025 | Listing removed | $1,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/13/2025 | Price change | $1,150-4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Price change | $1,200+4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2025 | Listed for rent | $1,150+9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Listing removed | $1,050$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/25/2024 | Listed for rent | $1,050$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/18/2023 | Price change | $1,050-4.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2023 | Price change | $1,100+10.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/26/2023 | Price change | $995-11.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2023 | Price change | $1,125-4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/28/2023 | Price change | $1,175-4.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2023 | Listed for rent | $1,225$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2022 | Listed for sale | $125,000+8.7%$115/sqft |
Source: MAAR #10119723 Report a problem | ||
| 12/30/2021 | Sold | $115,000+43.8%$106/sqft |
Source: MAAR #10119723 Report a problem | ||
| 10/13/2021 | Sold | $80,000$73/sqft |
Source: MAAR #10109096 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,116 +31.1% | $21,175 +63.8% |
| 2024 | $851 +8.1% | $12,925 |
| 2023 | $787 | $12,925 |
| 2022 | -- | $12,925 |
| 2021 | -- | $12,925 +10.2% |
| 2020 | $375 | $11,725 |
| 2019 | $375 -21.1% | $11,725 |
| 2018 | $475 -45.1% | $11,725 |
| 2017 | $865 +124.8% | $11,725 +3.5% |
| 2016 | $385 -2.6% | $11,325 |
| 2014 | $395 | $11,325 |
| 2013 | -- | $11,325 -8.7% |
| 2012 | -- | $12,400 |
| 2011 | -- | $12,400 |
| 2010 | -- | $12,400 |
| 2009 | -- | $12,400 -12.7% |
| 2008 | -- | $14,200 |
| 2007 | -- | $14,200 |
| 2006 | -- | $14,200 |
| 2005 | -- | $14,200 +14.7% |
| 2004 | -- | $12,375 |
| 2003 | -- | $12,375 |
| 2002 | -- | $12,375 |
| 2001 | -- | $12,375 -10.2% |
| 2000 | -- | $13,775 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Raleigh
Nearby schools
GreatSchools rating
- 3/10Scenic Hills Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Raleigh Egypt High SchoolGrades: 6-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38128
- Raleigh
- 3878 Windermere Rd
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
- Hickory Ridge-South Riverdale Real estate
- Midtown Real estate
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- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
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Nearby zip codes
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