Closed

$197,000

3261 Gatewood Dr, Memphis, TN 38134

3beds

1,491sqft

Single Family Residence, Residential

Built in 1961

10,018 Square Feet Lot

$196,700 Zestimate^®

$132/sqft

$1,498 Estimated rent

Home value

$196,700

$185,000 - $209,000

$1,498/mo

Zestimate^® history

Owner options

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$1,498/mo

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$1,498/mo

Rent Zestimate^®

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$1,302/mo

Est. payment

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$1,302/mo

Est. payment

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What's special

Updated 3-bedroom, 1.5-bath home featuring a separate living room and den. The large backyard includes a 20x14 wired workshop, storage building, and covered deck that's perfect for entertaining or hobbies. Recent updates include a New Roof (2022), New Windows (2023), a New AC unit (2025), a New Fence (2025), and a New Furnace (2023). This well-maintained home offers space, comfort, functionality, and plenty of outdoor space to enjoy year-round. The seller is willing to give concessions for cosmetic upgrades. Hardwood flooring is beneath the carpet!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Den

Area: 230 Square Feet
Dimensions: 23x10

Heating

Central

Cooling

Central Air

Features

Flooring: Carpet, Wood, Laminate, Tile
Number of fireplaces: 1

Interior area

Total structure area: 1,491
Total interior livable area: 1,491 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Patio & porch: Deck

Lot

Size: 10,018 Square Feet
Dimensions: 75 x 135

Details

Parcel number: 087050 00003
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Condition

New construction: No
Year built: 1961

Community & HOA

Community

Subdivision: Craigmont Blk A

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $132/sqft
Tax assessed value: $164,800
Annual tax amount: $2,181
Date on market: 10/19/2025

Price history

Date	Event	Price
1/6/2026	Sold	$197,000-1.5%$132/sqft
Source: RealTracs MLS as distributed by MLS GRID #3073566 Report a problem
11/20/2025	Pending sale	$199,900$134/sqft
Source: MAAR #10208063 Report a problem
10/29/2025	Price change	$199,900-5.9%$134/sqft
Source: MAAR #10208063 Report a problem
10/19/2025	Listed for sale	$212,500+136.4%$143/sqft
Source: MAAR #10208063 Report a problem
6/2/2005	Sold	$89,900$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,172 -0.5%	$41,200 +24.4%
2024	$2,181 +8.1%	$33,125
2023	$2,018	$33,125
2022	--	$33,125
2021	--	$33,125 +69%
2020	$626	$19,600
2019	$626 -21.1%	$19,600
2018	$794 -45.1%	$19,600
2017	$1,447 +129.1%	$19,600 +5.5%
2016	$632 -12.3%	$18,575
2014	$720	$18,575
2013	--	$18,575 -17.7%
2012	--	$22,575
2011	--	$22,575
2010	--	$22,575
2009	--	$22,575 +3.3%
2008	--	$21,850
2007	--	$21,850
2006	--	$21,850
2005	--	$21,850 +8.6%
2004	--	$20,125
2003	--	$20,125
2002	--	$20,125
2001	--	$20,125 +17.5%
2000	--	$17,125