2498 Labonte Dr
Memphis, TN 38127
Shelby Forest-Frayser- 3 Beds
- 2 Baths
- 1,097 sqft
3 Beds
2 Baths
1,097 sqft
Home Value
Trulia Estimate
$98.5KSince last month
Decreased$2K (-1.8%)Since last year
Decreased$7K (-6.7%)Since last sale
Increased$29K (+41.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +128% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $99K |
| July 2026 | $101K |
| June 2026 | $99K |
| May 2026 | $103K |
| April 2026 | $101K |
| March 2026 | $98K |
| February 2026 | $100K |
| January 2026 | $100K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $90,000 | 04/28/26 | 3 | 2 | 1,248 | |
0.17 | Single-Family Home | $67,000 | 05/07/26 | 3 | 2 | 1,400 | |
0.21 | Single-Family Home | $73,000 | 10/17/25 | 3 | 1.5 | 1,368 | |
0.27 | Single-Family Home | $90,900 | 09/05/25 | 3 | 1.5 | 1,077 | |
0.19 | Single-Family Home | $112,000 | 07/16/26 | 3 | 2 | 1,176 | |
0.24 | Single-Family Home | $72,000 | 08/12/26 | 4 | 1.5 | 1,251 | |
0.13 | Single-Family Home | $149,300 | 06/11/26 | 3 | 2 | 1,263 | |
0.17 | Single-Family Home | $32,540 | 02/19/26 | 3 | 2 | 1,038 | |
0.26 | Single-Family Home | $50,000 | 11/25/25 | 3 | 2 | 1,206 | |
0.23 | Single-Family Home | $50,000 | 10/23/25 | 3 | 2 | 1,186 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $124,300 | 3 | 2 | 1,188 | Off Market | |
0.06 | $137,700 | 4 | 2 | 1,451 | Off Market | |
0.08 | $129,700 | 3 | 2 | 1,074 | Off Market | |
0.08 | $117,900 | 3 | 2 | 1,054 | Off Market | |
0.08 | $100,500 | 3 | 2 | 1,212 | Off Market | |
0.08 | $90,000 | 3 | 2 | 1,248 | Recently Sold | |
0.08 | $136,400 | 3 | 2 | 1,198 | Off Market | |
0.08 | $102,800 | 3 | 2 | - | Off Market | |
0.05 | $107,900 | 3 | 2 | 984 | Off Market | |
0.08 | $128,300 | 3 | 2 | 2,005 | Off Market | |
0.07 | $125,000 | 3 | 2 | 1,110 | For Sale | |
0.10 | $116,400 | 3 | 2 | 1,197 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1998
Living Area
1,097 sqft
Price/Sqft
$90
About this House
Great starter home or investment property that is move in ready. Well maintained and ready to call home.
2498 Labonte Dr, Memphis, TN 38127 is a 3 bedroom, 2 bathroom, 1,097 sqft single-family home in Shelby Forest-Frayser, built in 1998. It last sold for $70,000 on May 31, 2019. It is currently off market. The Trulia Estimate is $98,500, with a rent estimate of $1,213/month.
Home Details for 2498 Labonte Dr
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Interior Details Number of Rooms: 5 |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Carpet |
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Exterior Home Features Roof: CompositionExterior: Other |
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Year Built Year Built: 1998 |
Property Type / Style Property Type: Single Family HomeArchitecture: traditional |
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Units in Building: 1 |
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Lot Area: 7840 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 31, 2019 Source: MAAR #10050422 | Sold | $70,000 |
Apr 16, 2019 Source: Agent Provided | Listed For Sale | $70,000 |
Feb 16, 2006 Source: N/A | Sold | $65,000 |
Jan 13, 2000 Source: N/A | Sold | $5,700 |
Dec 30, 1998 Source: N/A | Sold | $5,700 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,322 | $100,300 |
Home facts updated by county records
Market trends in Shelby Forest-Frayser
Last updated July 2026
Avg. sale price
$89.75K
$833MoM
Sale-to-List Price
95.7%
Price per sq ft
$74
$2MoM
Available listings
254
5MoM
Around this home
What Locals Say about Shelby Forest-Frayser
At least 128 Trulia users voted on each feature.
92 % Say car is needed
89 % Say yards are well-kept
80 % Say there are sidewalks
77 % Say parking is easy
69 % Say kids play outside
65 % Say there's holiday spirit
62 % Say streets are well-lit
46 % Say it's walkable to grocery stores
45 % Say they plan to stay for at least 5 years
45 % Say it's dog friendly
43 % Say neighbors are friendly
42 % Say it's quiet
38 % Say there's wildlife
36 % Say it's walkable to restaurants
30 % Say there are community events
17 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2498 Labonte Dr
- What is 2498 Labonte Dr estimated to be worth?Trulia's estimated value for 2498 Labonte Dr in Memphis, TN is $98,500.
- What is the price history for 2498 Labonte Dr?2498 Labonte Dr in Memphis, TN last sold for $70,000 in May 2019.
- Is Memphis a buyer's or seller's market?Memphis is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Memphis?The median sale price in Memphis is $89.75K. That is up $833 from the prior month.
- Does 2498 Labonte Dr have air conditioning?Yes, 2498 Labonte Dr in Memphis, TN has air conditioning.
- How big is the lot at 2498 Labonte Dr?The lot at 2498 Labonte Dr in Memphis, TN is about 0.18 acres (7,841 sq ft).

