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Sold for $45,000
    • $45,000

    2986 Lounette St, Memphis, TN 38114

    3beds
    872sqft
    Single Family Residence
    Built in 1953
    0.46 Acres Lot
    $44,900 Zestimate®
    $52/sqft
    $1,045 Estimated rent

    Home value

    $44,900

    $42,000 - $48,000

    $1,045/mo

    Zestimate® history
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    What's special

    Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dean Harris,

    CrestCore Realty MphsBrokerage

    Bought with:

    Kimberly Simmons

    Tally Real Estate Group, LLC

    Source: MAAR,MLS#: 10185297MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Dimensions: 0 x 0
    Dining room
    • Dimensions: 0 x 0
    Living room
    • Dimensions: 0 x 0
    Den
    • Dimensions: 0 x 0
    Heating
    • Other (See REMARKS)
    Cooling
    • Other (See REMARKS)
    Features
    • Other (See Remarks)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 872 sqft

    Property

    Parking
    • Parking features: Other (See REMARKS)
    Features
    • Stories: 1
    • Exterior features: Other (See REMARKS)
    • Pool features: None
    Lot
    • Size: 0.46 Acres
    • Dimensions: 88 x 109
    • Features: Other (See Remarks)
    Details
    • Parcel number: 059036 00001

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other (See Remarks)
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1953

    Community & HOA

    Community
    • Subdivision: Fairlawn
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $52/sqft
    • Tax assessed value: $55,800
    • Annual tax amount: $631
    • Price range: $45K - $45K
    • Date on market: 11/15/2024
    • Cumulative days on market: 230 days

    Price history

    DateEventPrice
    12/4/2025Listing removed$1,000$1/sqft
    Source: Zillow Rentals Report a problem
    10/27/2025Listed for rent$1,000-4.8%$1/sqft
    Source: Zillow Rentals Report a problem
    7/3/2025Sold$45,000-2%$52/sqft
    Source: MAAR #10185297 Report a problem
    6/24/2025Pending sale$45,900$53/sqft
    Source: MAAR #10185297 Report a problem
    6/18/2025Price change$45,900-30.5%$53/sqft
    Source: MAAR #10185297 Report a problem
    4/8/2025Price change$66,000-9.6%$76/sqft
    Source: MAAR #10185297 Report a problem
    3/4/2025Price change$73,000-9.9%$84/sqft
    Source: MAAR #10185297 Report a problem
    1/6/2025Price change$81,000-10%$93/sqft
    Source: MAAR #10185297 Report a problem
    11/15/2024Listed for sale$90,000+36.4%$103/sqft
    Source: MAAR #10185297 Report a problem
    9/30/2024Listing removed$1,050$1/sqft
    Source: Zillow Rentals Report a problem
    9/20/2024Price change$1,050-4.1%$1/sqft
    Source: Zillow Rentals Report a problem
    9/17/2024Listed for rent$1,095+25.1%$1/sqft
    Source: Zillow Rentals Report a problem
    2/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/19/2022Price change$875-5.4%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    9/13/2022Price change$925-5.1%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/9/2022Listed for rent$975$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    2/16/2022Sold$66,000+4.8%$76/sqft
    Source: MAAR #10114808 Report a problem
    12/30/2021Pending sale$63,000$72/sqft
    Source: RE/MAX International #10114808 Report a problem
    12/30/2021Contingent$63,000$72/sqft
    Source: MAAR #10114808 Report a problem
    12/28/2021Listed for sale$63,000+125%$72/sqft
    Source: MAAR #10114808 Report a problem
    9/19/2017Sold$28,000-3.4%$32/sqft
    Source: MAAR #10002169 Report a problem
    6/29/2017Listed for sale$29,000+93.3%$33/sqft
    Source: Memphis Central #10002169 Report a problem
    12/13/2004Sold$15,000$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$735 +7.9%$13,950 +34.8%
    2024$682 +8.1%$10,350
    2023$630 $10,350
    2022-- $10,350
    2021-- $10,350 +80.8%
    2020$183 $5,725
    2019$183 -21.1%$5,725
    2018$232 -45.1%$5,725
    2017$423 +99.7%$5,725 -8%
    2016$212 -14.9%$6,225
    2014$249 $6,225
    2013-- $6,225 -20.2%
    2012-- $7,800
    2011-- $7,800
    2010-- $7,800
    2009-- $7,800 -2.5%
    2008-- $8,000
    2007-- $8,000
    2006-- $8,000
    2005-- $8,000 -14.4%
    2004-- $9,350
    2003-- $9,350
    2002-- $9,350
    2001-- $9,350 -10.5%
    2000-- $10,450
    Find assessor info on the county website

    Neighborhood: East Memphis-Colonial-Yorkshire

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