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3906 Lakemont Dr

Memphis, TN 38128

3 bd 2 ba 2,288 sqft Built 1961 Lot 20,909 sqft single_family
Most recent sale
$219,900
Sep 5, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 8, 2024 Listing removed TenantTurner
Feb 1, 2024 Price changed (rent) $1,550 TenantTurner
Dec 7, 2023 Price changed (rent) $1,625 TenantTurner
Nov 20, 2023 Price changed (rent) $1,695 TenantTurner
Nov 9, 2023 Price changed (rent) $1,750 TenantTurner
Sep 5, 2023 Sold $219,900 Public Record
Aug 29, 2023 Listed for rent $1,795 TenantTurner
Jul 12, 2023 Sold $144,500 Public Record
Dec 16, 2022 Listing removed Memphis
Nov 17, 2022 Price changed $179,900 Memphis
Oct 13, 2022 Listed $198,000 Memphis

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,675 $6,625 $49,300 $2,598
2024 $42,675 $6,625 $49,300 $2,502
2023 $31,800 $6,200 $38,000 $2,314
2022 $31,800 $6,200 $38,000 $2,314
2021 $31,800 $6,200 $38,000 $2,341
2020 $19,575 $6,200 $25,775 $1,867
2019 $19,575 $6,200 $25,775 $1,867
2018 $19,575 $6,200 $25,775 $1,867
2017 $19,575 $6,200 $25,775 $1,059
2016 $19,500 $6,200 $25,700 $1,123
2015 $19,500 $6,200 $25,700 $1,123
2014 $19,500 $6,200 $25,700 $1,123
2013 $19,500 $6,200 $25,700 $1,125
2012 $24,250 $6,200 $30,450 $1,224
2010 $24,250 $6,200 $30,450 $1,224
2007 $25,500 $5,750 $31,250 $2,335
2006 $25,500 $5,750 $31,250 $2,335

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,288 sqft
Lot size
20,909 sqft
ZIP code
38128
City
Memphis
Street
Lakemont Dr
Coordinates
35.23239, -89.90425

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,319
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3906 Lakemont Dr last sell?
3906 Lakemont Dr most recently sold on Sep 5, 2023 for $219,900.
What is the current tax assessment for 3906 Lakemont Dr?
The most recent total assessment for 3906 Lakemont Dr (year 2025) is $49,300 with $2,598 in property tax.
How does 3906 Lakemont Dr's assessment compare to its last sale price?
The current assessment is 77.6% below the last sale price of $219,900.
When was 3906 Lakemont Dr built?
3906 Lakemont Dr was built in 1961.
How does 3906 Lakemont Dr compare to others on Lakemont Dr?
We track 5 other properties on Lakemont Dr. Browse the list under "Other properties on Lakemont Dr" to compare beds, baths, and sale history.
What are the property facts for 3906 Lakemont Dr?
3906 Lakemont Dr is a 3 bed, 2 bath, 2,288 sqft, 20,909 sqft lot single_family.
Is 3906 Lakemont Dr a flip candidate?
Yes — 3906 Lakemont Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3906 Lakemont Dr a tax-appeal candidate?
No — 3906 Lakemont Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$411.2K
2026 Q4
$406.9K
ZIP 38128 — Median Price History + Forecast

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