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Single Family ResidenceResidential
$102,703$54 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 84How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $35,000 on Mar 31, 2017

3540 THOMAS ST

MEMPHIS, TN 38127
2
Beds
2
Baths
1,912 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.89 ac
Lot SizeThe size of the land the home sits on, from county records.
1949
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$103K
$86K low$119K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$35,000 · Mar 31, 2017

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$876 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$32,575 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,750
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$30,825
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$24,050
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$130,300

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.16
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
40
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
39
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Traditional/Old
CountySHELBY
Lot (acres)The size of the land the home sits on, from county records.0.89
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 35 ft²Porch · 299 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Westside Elementary SchoolD-
Elementary · Grades PK–5 · 0.8 mi
M
Grandview Heights Middle SchoolF
Middle · Grades 6–8 · 2.5 mi
H
Trezevant High SchoolD+
High · Grades 9–12 · 2.7 mi

District: Memphis-Shelby County Schools

Neighborhood · ZIP 38127These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.135
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.124
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.330

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.6%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.34%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.39,798
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,026 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$40,692
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$52,630
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3540 Thomas St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 80% of homes in Shelby County
  • Costs less per square foot than 94% of homes in Shelby County
  • Bigger than 91% of homes in Frayser
  • Has a bigger lot than 96% of homes in Frayser
  • Older than 92% of homes in Memphis 38127

What homes are worth in Memphis 38127

Each bar is how many homes fall in that price range. The marker is this home.

This home
$50K$183K

This home is worth more than 66% of homes in Memphis 38127.

How it measures up in Memphis 38127

The dot is this home. The mark in the middle is the typical home in Memphis 38127.

Estimated value$102,703
CheaperTypical $94,340Pricier

Pricier than 66% of homes nearby

Price per ft²$54
CheaperTypical $77Pricier

Pricier than 10% of homes nearby

Living area1,912 ft²
SmallerTypical 1,212 ft²Bigger

Bigger than 91% of homes nearby

Lot size0.89 ac
SmallerTypical 0.24 acBigger

Bigger than 95% of homes nearby

Year built1949
OlderTypical 1960Newer

Newer than 8% of homes nearby

How 3540 Thomas St ranks against every home in each area.
MeasureThis homeFrayserMemphis 38127Shelby County
Estimated valuepricier than$102,70371% of homes66% of homes20% of homes
Price per ft²pricier than$5411% of homes10% of homes6% of homes
Living areabigger than1,912 ft²91% of homes91% of homes58% of homes
Lot sizebigger than0.89 ac96% of homes95% of homes94% of homes
Year builtnewer than194912% of homes8% of homes15% of homes

About 3540 Thomas St

How much is 3540 Thomas St, Memphis, TN worth?

The TopHap Estimate for 3540 Thomas St, Memphis, TN is $102,703 as of Sep 24, 2026. The likely range is $86,493 to $118,913. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3540 Thomas St, Memphis, TN last sell?

3540 Thomas St, Memphis, TN last sold on Mar 31, 2017 for $35,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 3540 Thomas St, Memphis, TN?

3540 Thomas St, Memphis, TN has 2 bedrooms, 2 bathrooms, 1,912 square feet of living space and a 0.89-acre lot.

When was 3540 Thomas St, Memphis, TN built?

3540 Thomas St, Memphis, TN was built in 1949, making it 77 years old. It is a traditional/old home. The building has 1 story.

What schools serve 3540 Thomas St, Memphis, TN?

3540 Thomas St, Memphis, TN is assigned to Westside Elementary School (elementary), rated D-; Grandview Heights Middle School (middle), rated F; Trezevant High School (high), rated D+. All sit in Memphis-Shelby County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3540 Thomas St, Memphis, TN compare to other homes in Memphis 38127?

Among the 13,882 homes in Memphis 38127, it is worth more than 66% of them ($102,703 against a typical $94,340), its price per square foot is higher than 10% of them ($54 against a typical $77), it is bigger than 91% of them (1,912 ft² against a typical 1,212 ft²), its lot is bigger than 95% of them (0.89 ac against a typical 0.24 ac) and it is newer than 8% of them (1949 against a typical 1960). Measured against all of Shelby County, it is worth more than 20% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3540 Thomas St, Memphis, TN?

The 2025 property tax bill for 3540 Thomas St, Memphis, TN was $876. The county assessed it at $32,575.

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