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Shelby 38135
4588 TULIP RUN DR
Photo of 4588 TULIP RUN DR
Sold on Sep 2, 2026

32

Map

Photo of 4588 TULIP RUN DR
Photo of 4588 TULIP RUN DR
$292,900
● House - Off Market

4588 TULIP RUN DR

Memphis, TN 38135
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,710 Ft²
$1,571
Est. Monthly

About This Property

Come home to this stunning well-maintained home tucked away in the Tulip Creek Subdivision Bartlett Area. Open concept floor-plan offers 3 spacious bedrooms with walk-in closets, 2 bathrooms, a living room with vaulted ceilings throughout, new laminate flooring through out, kitchen and dining area with a breakfast bar with plentiful natural sunlight, and a fireplace. Owners suite includes a jetted tub, separate shower, his & hers sinks, and a large walk-in closet. Freshly painted interior and a large Unfinished 26x19 Attic space that offers room for expansion. Separate laundry room Hot water tank replaced 2024 County taxes only and qualifies for multiple down payment assistance programs and grants to qualified buyers. Call today to schedule your private tour!
Unit Size
1,710 Ft²
Days on Market
49 days
Land Size
0.13 acres
Price per sqft
$170
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (Realtracs #RTC3281325)

Price History

Date / Event Date Event Price
Sep 2, 2026 Sold
Premium
Sold
Jul 18, 2026 In contract -
In contract
Jul 15, 2026 Listed by Renshaw Company Realtors $289,900
Listed by Renshaw Company Realtors
Jul 9, 2023 No longer available -
No longer available
May 26, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 125
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,466
  • Gross Building Area: 2,466
  • Building Area: 1,962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,962
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TULIP CREEK SUBDIVISION SECTION B
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: ES TULIP RUN DR SEE MAP D1-47

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020657

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 208-005
  • District: S
  • Parcel: D0-147P-B0-0046
  • Lot: 103
  • Municipality: SHELBY COUNTY
  • Latitude: 35.2511
  • Longitude: -89.874

    Address

  • Full Address: 4588 Tulip Run Dr
  • Address - House Number: 4588
  • Address - Street Name: Tulip Run
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: R018
  • 4-Digit Zip Code: 0740
  • Zip Code: 38135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $143,651

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 270,830
  • High Value: 329,808
  • Low Value: 211,851

    Market Valuation

  • Market Total Value: $169,500
  • Market Land Value: $35,000
  • Market Improvement Value: $134,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,375
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $33,625

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 53249
  • Previous Sale Recording Date: Nov 08, 2005
  • Previous Sale Contract Date: Oct 25, 2005
  • Previous Sale Amount: $159,250
  • Previous Sale Document Type: 20
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Shelby

Stats & Trends

Median Asking:

$218,875

Sale Price/ft²

$124

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2123 ft²

Average Home Age

54 years

Currently For Sale

139 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Raychel Day, Renshaw Company Realtors
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3281325
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 4588 Tulip Run Drive built and last sold?
The property at 4588 Tulip Run Drive was built in 2005 and last sold on Jun 22, 2023 for $273,000.
How much is this home worth?
The estimated value of the home located at 4588 Tulip Run Drive is $288,965.
What are some comparable homes to 4588 Tulip Run Drive?
There are currently no comparable homes to 4588 Tulip Run Drive.
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