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For sale
    • $125,000

    3832 Lake Park Cv, Memphis, TN 38127

    4beds
    1,298sqft
    : 
    $861/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    8,712 Square Feet Lot
    $122,500 Zestimate®
    $96/sqft
    $-- HOA

    What's special

    Open floor plan
    Your Perfect 4-Bedroom Investment Property Awaits. This spacious, 4-bedroom, 2-bathroom home, built in 2021, is a must-see for investors. Boasting an open floor plan, this home is ready for immediate move-in and easy to lease. Situated in a rapidly growing area, Frayser is undergoing nearly $60 million in new developments, including a brand-new high school that will elevate the neighborhood’s appeal. If you’re looking for a quality rental home and an excellent investment opportunity, this property is a smart choice. With a home only 4 years old, you can rest assured it’s low-maintenance and in high demand. Don’t miss your chance to capitalize on this community's exciting growth. New HVAC, new windows.
    136 days
    |
    114
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anna E Bishop,

    Crye-Leike, Inc., REALTORS 901-260-4780

    Source: MAAR,MLS#: 10217188MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Width: 0
      Dining room
      • Width: 0
      Living room
      • Features: Separate Living Room
      • Width: 0
      Den
      • Width: 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Concrete
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,298 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 55 x 142
      • Features: Level
      Details
      • Parcel number: 072121 A00040

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 2021

      Community & HOA

      Community
      • Security: Wrought Iron Security Drs
      • Subdivision: Schoolfield-st Elmo
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $96/sqft
      • Tax assessed value: $179,300
      • Annual tax amount: $1,867
      • Price range: $125K - $125K
      • Date on market: 3/19/2026
      • Cumulative days on market: 137 days

        Estimated market value

        $122,500

        $116,000 - $129,000

        $1,313/mo

        Price history

        DateEventPrice
        4/12/2026Price change$125,000-10.7%$96/sqft
        Source: MAAR #10217188 Report a problem
        3/19/2026Listed for sale$140,000+7.9%$108/sqft
        Source: MAAR #10217188 Report a problem
        5/9/2025Listing removed$129,800$100/sqft
        Source: MAAR #10191257 Report a problem
        3/14/2025Listed for sale$129,800$100/sqft
        Source: MAAR #10191257 Report a problem
        3/10/2025Pending sale$129,800$100/sqft
        Source: MAAR #10191257 Report a problem
        3/5/2025Listed for sale$129,800+3.8%$100/sqft
        Source: MAAR #10191257 Report a problem
        10/18/2024Listing removed$1,095$1/sqft
        Source: Zillow Rentals Report a problem
        5/14/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/1/2024Listed for rent$1,095-0.9%$1/sqft
        Source: Zillow Rentals Report a problem
        3/13/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/3/2023Listed for rent$1,105$1/sqft
        Source: Zillow Rentals Report a problem
        8/24/2021Sold$125,000$96/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,363 +17.1%$44,825 +46.2%
        2024$2,018 +8.1%$30,650
        2023$1,867 $30,650
        2022-- $30,650 +492.3%
        2021-- $5,175 +168.8%
        2020-- $1,925
        2019-- --
        2018-- --
        2017-- --
        2016$84 +21.3%--
        2014$69 $1,925 -35.3%
        2004-- $2,975
        2003-- $2,975
        2002-- $2,975
        2001-- $2,975
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Raleigh

        Getting around

        11 / 100
        Car-Dependent
        26 / 100
        Some Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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