4040 Rhodes Ave Memphis, TN 38111
Single Family Residence2 Beds, 1 Baths, 1,157 sqft
$48,000
(Estimated Value)
Estimated value provides a reasonable estimate of the property’s market value based on comparable properties and other factors.
It is not an actual appraisal, but it is a good starting point to determine the property’s actual value.
- Est. Refinance:
- $218/mo
4040 Rhodes Ave is a single family residence located in Memphis, TN 38111. Built in 1954, this property features 2 bedrooms, 1 bathroom, 8,400 sq ft lot, and 1,157 sq ft of living space. The estimated market value for 4040 Rhodes Ave is $48,000.
For the surrounding community of Memphis, TN 38111, the average sale price for similar homes to 4040 Rhodes Ave is $46,342. The nearby schools include Sherwood Elementary, Sherwood Elementary School and St Georges Independent School Memphis. The overall crime risk for this area is high with 35 criminal and sex offenders residing within 1 mile. The natural disaster risk for this area includes very low earthquake risk, high tornado risk, and minimal flood risk.
Equity & Loan-to-value
$48,000
estimated value
Get Access
Outstanding Loan Amount
Get Access
Equity
Get Access
Loan-To-Value
Ownership Information
|
The primary owner (or borrower) is the person in charge of the mortgage and ultimately responsible for making payments on the loan.
|
Free with Trial |
|
Indicates the ownership vesting type. Generally this describes the legal relationship between multiple owners or married persons.
|
Free with Trial |
|
The address where the owner receives his/her tax bill. You may use this address to get in touch with the property owner.
|
Free with Trial |
|
The date when the current owner purchased the property.
|
03/21/1988 |
Property Details: 4040 Rhodes Ave
- Single Family Residence
- 2 beds, 1 bath
- Home Size: 1,157 sqft
- Lot Size: 8,400 sqft
- Built in: 1954
- Parcel Number: 058122 00075
- County: Shelby
- Subdivision: PARK MEADOWS
- Census: 4
- Tract: 11800
- Lot: 8
- Zoning: R-6
- Legal: Free With Trial
Home Expenses
Tax History
| Year | Taxes | Land | Improvements | Assessment |
| 2017 | $528 (+4.11%) | $2,350 | $10,500 | $12,850 |
| 2016 | $580 (+4.37%) | $2,625 | $10,650 | $13,275 |
| 2015 | $580 (+4.37%) | $2,625 | $10,650 | $13,275 |
| 2014 | $581 (+4.38%) | $2,625 | $10,650 | $13,275 |
| 2013 | $581 (+4.38%) | $2,625 | $10,650 | $13,275 |
| 2012 | $598 | $3,800 | $11,100 | $14,900 |
Transaction History
Market Comparison
This home $48,000
Estimated Value
vs
Comparable Sales$46,342
AVG SALES Price
Comparable Listings $19,500
AVG LIST Price
Comparable Sales
The average sales price of homes similar to 4040 Rhodes Ave is $46,342 ($42/sq.ft.)| Address | Sold Price | Sold Date | Price/sq ft | Sq.Ft. | Beds, Baths | Distance |
| 4034 Rhodes Ave | $30,000 | 04/11/2018 | $30 | 998 sq.ft. | 2 Bed, 1 Bath | 0 mi away |
| 4342 E Mallory Ave | $64,000 | 04/11/2018 | $58 | 1,113 sq.ft. | 3 Bed, 1 Bath | 1.3 mi away |
| 1008 Parkland Rd | $24,500 | 04/11/2018 | $23 | 1,067 sq.ft. | 3 Bed, 1 Bath | 1.5 mi away |
| 3785 Carrington Rd | $65,500 | 04/09/2018 | $54 | 1,213 sq.ft. | 2 Bed, 1 Bath | 0.7 mi away |
| 3454 Kimball Ave | $27,500 | 04/09/2018 | $24 | 1,130 sq.ft. | 2 Bed, 1 Bath | 1.2 mi away |
| 3611 Deerwood Ave | $43,500 | 04/09/2018 | $41 | 1,071 sq.ft. | 2 Bed, 1 Bath | 0.8 mi away |
| 587 Buck St | $116,400 | 04/09/2018 | $102 | 1,139 sq.ft. | 3 Bed, 1 Bath | 1.1 mi away |
| 4125 Willowview Ave | $17,000 | 04/09/2018 | $16 | 1,056 sq.ft. | 3 Bed, 1 Bath | 0.8 mi away |
| 3401 S Prescott Cir | $31,000 | 04/06/2018 | $28 | 1,118 sq.ft. | 2 Bed, 1 Bath | 1.4 mi away |
| 1403 Oak Ridge Dr | $50,000 | 04/05/2018 | $48 | 1,040 sq.ft. | 2 Bed, 1 Bath | 0.5 mi away |
Comparable Listings
Comparable listings for this property are currently not available
either due to lack of characteristics on this property or lack
of comparable listing activity in the area. To assist you with
your own valuation of the property, we can provide you with the
following listing averages for 38111.
Average Listings summary for 38111
Price/SqFt
$76
Living Area
1,265 sqft
Lot Size
--
