For sale

$139,900

3850 Ajanders Dr, Memphis, TN 38127

4beds

1,267sqft

$1,021/mo

Get pre-qualified

Single Family Residence

Built in 2022

7,405 Square Feet Lot

$138,000 Zestimate^®

$110/sqft

$-- HOA

What's special

Center islandComposite sidingOpen layoutBright kitchenSeparate dining areaWhite shaker cabinetsDedicated laundry room

TENANT'S RIGHTS-Do Not Disturb Tenant. Turnkey investment! Built in 2022, this 4 bed, 2 full bath home offers approx. 1,267 sq ft and is currently leased at $1,295/mo. Stained concrete floors throughout make for durable, easy tenant turns. Open layout with a bright kitchen featuring white shaker cabinets, marble-look counters, center island, dishwasher, and separate dining area. Ceiling fans in all bedrooms, tile-look tub/shower surrounds with built-in niches, and a dedicated laundry room. 0.17-acre lot with composite siding. Newer construction means fewer near-term capital expenses, a strong addition to any rental portfolio. Tenant occupied, please do not disturb. Showings by appointment only with advance notice. Buyer to confirm all information. Available as a package with 2963 Lake Park Rd., Memphis, TN 38127.

11 hours
32
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Smooth Ceiling, Walk-In Closet(s)
Level: First
Dimensions: 0 x 0

Bedroom 2

Features: Shared Bath, Smooth Ceiling
Level: First

Bedroom 3

Features: Shared Bath, Smooth Ceiling
Level: First

Bedroom 4

Features: Shared Bath, Smooth Ceiling
Level: First

Dining room

Dimensions: 0 x 0

Kitchen

Features: Updated/Renovated Kitchen, Washer/Dryer Connections

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Primary Down, Smooth Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Concrete
Has fireplace: No

Interior area

Total interior livable area: 1,267 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 59 x 125
Features: Level

Details

Parcel number: 072121 A00030

Construction

Type & style

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

Materials

Wood/Composition
Roof: Composition Shingles

Condition

New construction: No
Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Schoolfield-st Elmo

Location

Region: Memphis

Financial & listing details

Price per square foot: $110/sqft
Tax assessed value: $172,000
Annual tax amount: $2,267
Price range: $139.9K - $139.9K
Date on market: 10/14/2026

Estimated market value

$138,000

$131,000 - $145,000

$1,287/mo

Price history

Date	Event	Price
10/14/2026	Listed for sale	$139,900-8.6%$110/sqft
Source: MAAR #10232421 Report a problem
10/30/2025	Listing removed	$1,295$1/sqft
Source: Zillow Rentals Report a problem
10/22/2025	Price change	$1,295-4.1%$1/sqft
Source: Zillow Rentals Report a problem
9/15/2025	Price change	$1,350-1.8%$1/sqft
Source: Zillow Rentals Report a problem
8/27/2025	Price change	$1,375-2.8%$1/sqft
Source: Zillow Rentals Report a problem
7/3/2025	Listed for rent	$1,415$1/sqft
Source: Zillow Rentals Report a problem
5/16/2022	Sold	$153,000$121/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,266 +13.6%	$43,000 +41.9%
2024	$1,995 +8.1%	$30,300
2023	$1,846	$30,300 +155.7%
2022	--	$11,850 +515.6%
2021	--	$1,925
2020	--	$1,925
2019	--	--
2018	--	--
2017	--	--
2016	$84 +24.1%	--
2014	$68	$1,925