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Single Family ResidenceResidential
$100,431$86 / 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 $99,000 on May 2, 2024

3740 RHEA AVE

MEMPHIS, TN 38122
2
Beds
1.5
Baths
1,164 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.
0.29 ac
Lot SizeThe size of the land the home sits on, from county records.
1947
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
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

$100K
$84K low$117K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$99,000 · May 2, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$656 (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.$24,375 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$19,375
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$15,825
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$97,500

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.13
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
32
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
33
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.Cottage
CountySHELBY
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1985
Lot (acres)The size of the land the home sits on, from county records.0.28
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
FireplaceWhether the home has a fireplace, and what kind.Yes
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 · 20 ft²Porch · 105 ft²

Transaction History(11)

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

Foreclosure Filings(1)

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

E
Treadwell Elementary SchoolD+
Elementary · Grades PK–5 · 0.4 mi
M
Treadwell Middle SchoolC
Middle · Grades 6–8 · 0.5 mi
H
Kingsbury High SchoolD+
High · Grades 9–12 · 0.7 mi

District: Memphis-Shelby County Schools

Neighborhood · ZIP 38122These 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.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.123
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.265

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.23%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.27,174
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,741 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$46,860
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,788
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.54 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

3740 Rhea Ave 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 73% of homes in Shelby County
  • Smaller than 82% of homes in Shelby County
  • Has a bigger lot than 85% of homes in Grahamwood
  • Older than 87% of homes in Shelby County

What homes are worth in Memphis 38122

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

This home
$52K$301K

This home is worth more than 36% of homes in Memphis 38122.

How it measures up in Memphis 38122

The dot is this home. The mark in the middle is the typical home in Memphis 38122.

Estimated value$100,431
CheaperTypical $112,254Pricier

Pricier than 36% of homes nearby

Price per ft²$86
CheaperTypical $93Pricier

Pricier than 40% of homes nearby

Living area1,164 ft²
SmallerTypical 1,222 ft²Bigger

Bigger than 44% of homes nearby

Lot size0.29 ac
SmallerTypical 0.2 acBigger

Bigger than 85% of homes nearby

Year built1947
OlderTypical 1950Newer

Newer than 34% of homes nearby

How 3740 Rhea Ave ranks against every home in each area.
MeasureThis homeGrahamwoodMemphis 38122Shelby County
Estimated valuepricier than$100,43137% of homes36% of homes20% of homes
Price per ft²pricier than$8638% of homes40% of homes27% of homes
Living areabigger than1,164 ft²44% of homes44% of homes18% of homes
Lot sizebigger than0.29 ac85% of homes85% of homes67% of homes
Year builtnewer than194762% of homes34% of homes13% of homes

About 3740 Rhea Ave

How much is 3740 Rhea Ave, Memphis, TN worth?

The TopHap Estimate for 3740 Rhea Ave, Memphis, TN is $100,431 as of Sep 24, 2026. The likely range is $84,321 to $116,541. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3740 Rhea Ave, Memphis, TN last sell?

3740 Rhea Ave, Memphis, TN last sold on May 2, 2024 for $99,000, according to the county's recorded deed. TopHap holds 9 recorded sales for this parcel.

How big is 3740 Rhea Ave, Memphis, TN?

3740 Rhea Ave, Memphis, TN has 2 bedrooms, 1.5 bathrooms, 1,164 square feet of living space and a 0.28-acre lot.

When was 3740 Rhea Ave, Memphis, TN built?

3740 Rhea Ave, Memphis, TN was built in 1947, making it 79 years old. It is a cottage home. The building has 1 story.

What schools serve 3740 Rhea Ave, Memphis, TN?

3740 Rhea Ave, Memphis, TN is assigned to Treadwell Elementary School (elementary), rated D+; Treadwell Middle School (middle), rated C; Kingsbury 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 3740 Rhea Ave, Memphis, TN compare to other homes in Memphis 38122?

Among the 9,257 homes in Memphis 38122, it is worth more than 36% of them ($100,431 against a typical $112,254), its price per square foot is higher than 40% of them ($86 against a typical $93), it is bigger than 44% of them (1,164 ft² against a typical 1,222 ft²), its lot is bigger than 85% of them (0.29 ac against a typical 0.2 ac) and it is newer than 34% of them (1947 against a typical 1950). 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 3740 Rhea Ave, Memphis, TN?

The 2025 property tax bill for 3740 Rhea Ave, Memphis, TN was $656. The county assessed it at $24,375.

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