TENANT'S RIGHTS - DO NOT DISTURB TENANT Turnkey income property with built-in upside and a 5% cap rate! This well-maintained 3 bed/2 bath home is leased through April 2027 at $1,645/mo to a reliable, long-term, on-time tenant and is professionally managed for hands-off ownership. Market rent is $1,850, offering about $2,460/yr in added income at renewal. Durable tile floors in the dining room, great room, and kitchen. Primary suite with walk-in closet and double vanity. Standout detached 25x30 two-car garage with tall ceilings, workshop with built-in workbench, twenty built-in cabinets, and attic storage above. Enjoy the 22' screened, covered patio and large vinyl-fenced backyard with double gate, ideal for pets, trailers, or boats. Stable income today, rent growth tomorrow. Please do not disturb tenant. No showings without an accepted offer. Contact listing agent for lease details and more information.
For sale
$229,900
3049 Santa Valley St, Memphis, TN 38133
3beds
1,340sqft
Single Family Residence
Built in 1987
0.3 Acres Lot
$226,200 Zestimate®
$172/sqft
$-- HOA
What's special
Workshop with built-in workbenchAttic storage aboveTwenty built-in cabinets
- 7 days
- 477
- 32
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Aaron Ivey,
eXp Realty 901-671-1015,
Alyssa Ivey,
eXp Realty
Source: MAAR,MLS#: 10231741
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 154
- Dimensions: 11 x 14
Bedroom 2
- Features: Shared Bath
- Level: First
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Features: Shared Bath
- Level: First
- Area: 110
- Dimensions: 10 x 11
Primary bathroom
- Features: Double Vanity, Full Bath
Dining room
- Features: Separate Dining Room
- Area: 90
- Dimensions: 9 x 10
Kitchen
- Features: Pantry, Washer/Dryer Connections
- Area: 100
- Dimensions: 10 x 10
Living room
- Features: Great Room
- Dimensions: 0 x 0
Den
- Area: 247
- Dimensions: 13 x 19
Heating
- Central, Natural Gas
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet, Tile
- Number of fireplaces: 1
- Fireplace features: In Den/Great Room
Interior area
- Total interior livable area: 1,340 sqft
Property
Parking
- Total spaces: 2
- Parking features: Storage, Workshop in Garage, Garage Door Opener, Garage Faces Front
- Has garage: Yes
- Covered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered Patio
- Pool features: None
Lot
- Size: 0.3 Acres
- Dimensions: 93 x 125
- Features: Some Trees, Level, Landscaped
Details
- Additional structures: Storage, Workshop
- Parcel number: B0157F E00022
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Wood/Composition
Condition
- New construction: No
- Year built: 1987
Community & HOA
Community
- Subdivision: Cherry Valley Sec C-1
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $215,900
- Annual tax amount: $2,348
- Price range: $229.9K - $229.9K
- Date on market: 10/3/2026
Estimated market value
$226,200
$215,000 - $238,000
$1,812/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Listed for sale | $229,900+58.1%$172/sqft |
Source:  MAAR #10231741 Report a problem | ||
| 1/22/2019 | Listing removed | $1,295$1/sqft |
Source: Enterprise Property Management, Inc. Report a problem | ||
| 12/4/2018 | Listed for rent | $1,295$1/sqft |
Source: Enterprise Property Management, Inc. Report a problem | ||
| 9/27/2018 | Sold | $145,400-3%$109/sqft |
Source: MAAR #10031334 Report a problem | ||
| 7/9/2018 | Listed for sale | $149,900$112/sqft |
Source: Bill Lowry Realty Co. #10031334 Report a problem | ||
| 6/4/2018 | Listing removed | $149,900$112/sqft |
Source: Owner Report a problem | ||
| 3/6/2018 | Listed for sale | $149,900+26.5%$112/sqft |
Source: Owner Report a problem | ||
| 2/7/2006 | Sold | $118,500+20.6%$88/sqft |
Source: Public Record Report a problem | ||
| 6/12/1998 | Sold | $98,295$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,348 +14.4% | $53,975 +34.6% |
| 2024 | $2,053 | $40,100 |
| 2023 | $2,053 | $40,100 |
| 2022 | -- | $40,100 |
| 2021 | -- | $40,100 +23.3% |
| 2020 | $595 | $32,525 |
| 2019 | $595 -54.8% | $32,525 |
| 2018 | $1,317 -31.8% | $32,525 |
| 2017 | $1,932 +286% | $32,525 +5.3% |
| 2016 | $501 +2.7% | $30,900 |
| 2014 | $487 | $30,900 |
| 2013 | -- | $30,900 -5.5% |
| 2012 | -- | $32,700 |
| 2011 | -- | $32,700 |
| 2010 | -- | $32,700 |
| 2009 | -- | $32,700 +16.1% |
| 2008 | -- | $28,175 |
| 2007 | -- | $28,175 |
| 2006 | -- | $28,175 |
| 2005 | -- | $28,175 +7.3% |
| 2004 | -- | $26,250 |
| 2003 | -- | $26,250 |
| 2002 | -- | $26,250 |
| 2001 | -- | $26,250 +12.5% |
| 2000 | -- | $23,325 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Cherry Valley
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