Private oasis in Lakewood Hills! This property features a main house and a detached unit with its own entrance. The main home is move-in ready, offering 2 bedrooms, a spacious living room, 1 bathroom, and a closed-in back patio. The detached unit includes a bedroom, full bath, living room, and kitchen—perfect for renovation, income potential, or use as a guest house. Nestled on a 1-acre wooded corner lot with plenty of parking and a large driveway, this one-of-a-kind property offers endless opportunities to customize to your liking!
Closed
$138,000
3042 Homewood Dr, Memphis, TN 38128
2beds
1,379sqft
Single Family Residence, Residential
Built in 1949
1.04 Acres Lot
$136,000 Zestimate®
$100/sqft
$1,107 Estimated rent
Home value
$136,000
$126,000 - $147,000
$1,107/mo
Zestimate® history
Owner options
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$1,107/mo
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$1,107/mo
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$902/mo
Est. payment
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$902/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Juan Torres 901-620-1010,
Fast Track Realty
Bought with:
Jonathan Nunez
Fast Track Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3055089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Cooktop, Range, Oven
- Laundry: Washer Hookup
Features
- Pantry
- Flooring: Carpet, Tile
- Number of fireplaces: 1
Interior area
- Total structure area: 1,379
- Total interior livable area: 1,379 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 1
Lot
- Size: 1.04 Acres
- Dimensions: 179 x 249
Details
- Additional structures: Guest House
- Parcel number: 084023 00068
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Other
- Water: Other
Community & HOA
Community
- Subdivision: Lakewood Hills
HOA
- Has HOA: No
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $160,400
- Annual tax amount: $1,583
- Date on market: 2/4/2025
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2025 | Sold | $138,000-8%$100/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3055089 Report a problem | ||
| 12/11/2024 | Pending sale | $150,000$109/sqft |
Source:  MAAR #10186048 Report a problem | ||
| 12/2/2024 | Listed for sale | $150,000+154.2%$109/sqft |
Source: MAAR #10186048 Report a problem | ||
| 9/2/2014 | Sold | $59,000+57.3%$43/sqft |
Source: MAAR #9926545 Report a problem | ||
| 11/24/2009 | Sold | $37,508-16.6%$27/sqft |
Source: Public Record Report a problem | ||
| 3/22/2009 | Listing removed | $45,000$33/sqft |
Source: foreclosure.com Report a problem | ||
| 3/13/2009 | Listed for sale | $45,000-49.9%$33/sqft |
Source: foreclosure.com Report a problem | ||
| 5/27/1997 | Sold | $89,900$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,114 +23.6% | $40,100 +54.4% |
| 2024 | $1,711 +8.1% | $25,975 |
| 2023 | $1,582 | $25,975 |
| 2022 | -- | $25,975 |
| 2021 | -- | $25,975 +27% |
| 2020 | $654 | $20,450 |
| 2019 | $654 -21.1% | $20,450 |
| 2018 | $828 -45.1% | $20,450 |
| 2017 | $1,510 +108.9% | $20,450 -3.8% |
| 2016 | $723 -17.8% | $21,250 |
| 2014 | $879 | $21,250 |
| 2013 | -- | $21,250 -22.9% |
| 2012 | -- | $27,575 |
| 2011 | -- | $27,575 |
| 2010 | -- | $27,575 |
| 2009 | -- | $27,575 +11.8% |
| 2008 | -- | $24,675 |
| 2007 | -- | $24,675 |
| 2006 | -- | $24,675 |
| 2005 | -- | $24,675 +3.2% |
| 2004 | -- | $23,900 |
| 2003 | -- | $23,900 |
| 2002 | -- | $23,900 |
| 2001 | -- | $23,900 +7.5% |
| 2000 | -- | $22,225 |
Find assessor info on the county website
Neighborhood: Raleigh
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Scenic Hills Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Raleigh Egypt High SchoolGrades: 6-12Distance: 2.1 mi
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- Tennessee
- Shelby County
- Memphis
- 38128
- Raleigh
- 3042 Homewood Dr
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