Sold for $525,000

$525,000

2998 Gardens Way, Memphis, TN 38111

3beds

2,448sqft

Single Family Residence

Built in 1986

5,662 Square Feet Lot

$524,100 Zestimate^®

$214/sqft

$2,186 Estimated rent

Home value

$524,100

$498,000 - $550,000

$2,186/mo

Zestimate^® history

Owner options

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$2,186/mo

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$2,186/mo

Rent Zestimate^®

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$3,283/mo

Est. payment

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$3,283/mo

Est. payment

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What's special

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

1 or More BR Down, Smooth Ceiling, Square Feet Source: Appraisal
Flooring: Part Hardwood
Number of fireplaces: 1

Interior area

Total interior livable area: 2,448 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Rear
Has garage: Yes
Covered spaces: 2

Features

Stories: 1.2
Pool features: None

Lot

Size: 5,662 Square Feet
Dimensions: 43 x 115
Features: Some Trees

Details

Parcel number: 045062 B00024

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Brick Veneer

Condition

New construction: No
Year built: 1986

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Gardens Phases 1a-1b & 2b The

Location

Region: Memphis

Financial & listing details

Price per square foot: $214/sqft
Tax assessed value: $466,000
Annual tax amount: $6,688
Price range: $525K - $525K
Date on market: 4/6/2026
Cumulative days on market: 17 days

Price history

Date	Event	Price
3/31/2026	Sold	$525,000+40%$214/sqft
Source: MAAR #10218529 Report a problem
1/8/2007	Sold	$375,000$153/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,140 -8.2%	$116,500 +14.7%
2024	$6,687 +8.1%	$101,550
2023	$6,186	$101,550
2022	--	$101,550
2021	--	$101,550 -5.6%
2020	$3,440	$107,625
2019	$3,440 -21.1%	$107,625
2018	$4,359 -45.1%	$107,625
2017	$7,944 +170.2%	$107,625 +24.5%
2016	$2,940 -2.3%	$86,475
2014	$3,008	$86,475
2013	--	$86,475 -8.3%
2012	--	$94,325
2011	--	$94,325
2010	--	$94,325
2009	--	$94,325 -3.2%
2008	--	$97,450
2007	--	$97,450
2006	--	$97,450
2005	--	$97,450 +32%
2004	--	$73,800
2003	--	$73,800
2002	--	$73,800
2001	--	$73,800 +7.3%
2000	--	$68,800