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3623 Neely Rd

Memphis, TN 38109

3 bd 2 ba 1,390 sqft Built 1967 Lot 8,750 sqft single_family
Most recent sale
$117,000
Jan 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 14, 2024 Sold $125,004 Public Record
Jan 27, 2023 Sold $117,000 Memphis
Dec 8, 2022 Price changed $125,000 Memphis
Dec 1, 2022 Price changed $133,000 Memphis
Sep 23, 2022 Listed $135,000 Memphis

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $26,125 $3,675 $29,800 $1,570
2024 $26,125 $3,675 $29,800 $1,101
2023 $13,700 $3,025 $16,725 $1,018
2022 $13,700 $3,025 $16,725 $1,018
2021 $13,700 $3,025 $16,725 $1,030
2020 $12,350 $3,025 $15,375 $1,114
2019 $12,350 $3,025 $15,375 $1,114
2018 $12,350 $3,025 $15,375 $1,114
2017 $12,350 $3,025 $15,375 $631
2016 $11,150 $3,025 $14,175 $619
2015 $11,150 $3,025 $14,175 $619
2014 $11,150 $3,025 $14,175 $619
2013 $11,150 $3,025 $14,175 $620
2012 $15,700 $3,025 $18,725 $752
2010 $15,700 $3,025 $18,725 $752
2007 $15,900 $2,700 $18,600 $1,390
2006 $15,900 $2,700 $18,600 $1,390

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,390 sqft
Lot size
8,750 sqft
ZIP code
38109
City
Memphis
Street
Neely Rd
Coordinates
35.04980, -90.05661

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$702
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3623 Neely Rd last sell?
3623 Neely Rd most recently sold on Jan 27, 2023 for $117,000.
What is the current tax assessment for 3623 Neely Rd?
The most recent total assessment for 3623 Neely Rd (year 2025) is $29,800 with $1,570 in property tax.
How does 3623 Neely Rd's assessment compare to its last sale price?
The current assessment is 74.5% below the last sale price of $117,000.
When was 3623 Neely Rd built?
3623 Neely Rd was built in 1967.
How does 3623 Neely Rd compare to others on Neely Rd?
We track 8 other properties on Neely Rd. Browse the list under "Other properties on Neely Rd" to compare beds, baths, and sale history.
What are the property facts for 3623 Neely Rd?
3623 Neely Rd is a 3 bed, 2 bath, 1,390 sqft, 8,750 sqft lot single_family.
Is 3623 Neely Rd a flip candidate?
No — 3623 Neely Rd does not appear in our flips dataset.
Is 3623 Neely Rd a tax-appeal candidate?
No — 3623 Neely Rd 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
-5.4%
Implied 1-yr
-21.4%
2026 Q3
$79.1K
2026 Q4
$72.6K
ZIP 38109 — Median Price History + Forecast

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