NOT LISTED FOR SALE

4040 Windermere Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $119,219 - $125,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$88/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2026

Last sale price $124,900 $89 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $722 / mo

131 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Brick Veneer
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of March 2026

Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

Last Agent to Sell the Property

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 08/29/2025

Last Buyer's Agent

Betty Hunter

Good Shepherds Realty & Invest License #287018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x134
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,225 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Nam Ni Estates Blk A 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090048 00029

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-6
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1225
  • Year Built: 1969
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 633
  • Acreage: 0.2
  • Lot Size: 65X134
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 090048 00029

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2025
Closed on
Mar 5, 2026
Sold by
Bought by
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Betty Hunter
Good Shepherds Realty & Invest
List Price
$129,900
Sold Price
$124,900
Premium/Discount to List
-$5,000
-3.85%
Views
83
Current Estimated Value
$123,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,845
Avg. Annual Appreciation
-5.00%
Original Mortgage
$122,637
Outstanding Balance
$122,637
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$418

Purchase Details

Closed on
Jul 18, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,425
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2012
Closed on
Apr 27, 2012
Sold by
Bought by
Seller's Agent
Whit Simmons
Enterprise, REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$14,850
Sold Price
$21,000
Premium/Discount to List
$6,150
41.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$40,500
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 15, 2012
Closed on
Mar 14, 2012
Sold by
Bought by
Seller's Agent
Whit Simmons
Enterprise, REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$14,850
Sold Price
$21,000
Premium/Discount to List
$6,150
41.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,595
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$124,900 Southern States Title
$61,900 None Available
$21,000 None Available
$67,243 None Available
$58,968 --
$56,000 Security Title Company Inc
$56,000 Security Title Company Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $122,637
Previous Owner $46,425
Previous Owner $40,500
Previous Owner $56,595
Closed $3,031
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2026 03/05/26 Sold $124,900 0.0% $104 / Sq Ft
01/07/2026 01/07/26 Pending -- -- --
12/01/2025 12/01/25 Price Changed $124,900 -3.8% $104 / Sq Ft
11/05/2025 11/05/25 Price Changed $129,900 +4.0% $108 / Sq Ft
11/05/2025 11/05/25 Price Changed $124,900 -3.8% $104 / Sq Ft
10/23/2025 10/23/25 For Sale $129,900 0.0% $108 / Sq Ft
09/30/2025 09/30/25 Pending -- -- --
08/29/2025 08/29/25 For Sale $129,900 +518.6% $108 / Sq Ft
05/08/2012 05/08/12 Sold $21,000 +41.4% $17 / Sq Ft View Prior Sale
03/19/2012 03/19/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $14,850 -- $12 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $713 $26,500 $2,875 $23,625
2024 $575 $16,975 $2,250 $14,725
2023 $1,034 $16,975 $2,250 $14,725
2022 $1,034 $16,975 $2,250 $14,725
2021 $1,046 $16,975 $2,250 $14,725
2020 $971 $13,400 $2,250 $11,150
2019 $971 $13,400 $2,250 $11,150
2018 $971 $13,400 $2,250 $11,150
2017 $551 $13,400 $2,250 $11,150
2016 $571 $13,075 $0 $0
2014 $571 $13,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2026

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    12 in this area

    122 Total Sales

    Mark Hart
    Section Image

  • B

    Buyer's Agent in 2026

    Betty Hunter

    Good Shepherds Realty & Invest

    (901) 767-9102

    2 in this area

    8 Total Sales

    Betty Hunter
    Section Image

  • W

    Seller's Agent in 2012

    Whit Simmons

    Enterprise, REALTORS

    (901) 867-1000

    1 Total Sale

    Whit Simmons
    Section Image
  • Scott Housewirth

    Buyer's Agent in 2012

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    10 in this area

    202 Total Sales

    Scott Housewirth
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10204645

Memphis Area Association of REALTORS®

APN: 09-0048-0-0029

Tennessee Shelby County Memphis 38128 Raleigh

4040 Windermere Rd, Memphis, TN

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