For sale

$129,900

4848 Neely Rd, Memphis, TN 38109

3beds

1,142sqft

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Single Family Residence

Built in 1966

7,405 Square Feet Lot

$129,500 Zestimate^®

$114/sqft

$-- HOA

What's special

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1,275 per month and is on a lease from 12/01/2020 - 06/30/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

5 days

105

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Kitchen

Features: Updated/Renovated Kitchen

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

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: 1,142 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 65 x 120
Features: Level

Details

Parcel number: 076095 00034

Construction

Type & style

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

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1966

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Smith Turley

Location

Region: Memphis

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $131,700
Annual tax amount: $1,736
Price range: $129.9K - $129.9K
Date on market: 7/9/2026

Estimated market value

$129,500

$123,000 - $136,000

$1,111/mo

Price history

Date	Event	Price
7/9/2026	Listed for sale	$129,900+44.5%$114/sqft
Source: MAAR #10225687 Report a problem
11/17/2020	Sold	$89,900$79/sqft
Source: MAAR #10085629 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,735 +19.1%	$32,925 +48.8%
2024	$1,457 +8.1%	$22,125
2023	$1,348	$22,125
2022	--	$22,125
2021	--	$22,125 +67.3%
2020	$423	$13,225
2019	$423 -21.1%	$13,225
2018	$536 -45.1%	$13,225
2017	$976 +123.9%	$13,225 +3.1%
2016	$436 -24.1%	$12,825
2014	$575	$12,825
2013	--	$12,825 -28.8%
2012	--	$18,025
2011	--	$18,025
2010	--	$18,025
2009	--	$18,025 +15.9%
2008	--	$15,550
2007	--	$15,550
2006	--	$15,550
2005	--	$15,550 +10.1%
2004	--	$14,125
2003	--	$14,125
2002	--	$14,125
2001	--	$14,125 +8.2%
2000	--	$13,050

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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