$87,600
- 3 Beds
- 2 Baths
- 1,077 sqft
2508 Labonte Dr, Memphis, TN 38127
Est. Refi. Payment $597/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 24, 2010 for $15,550
Home Value
Trulia Estimate
$87.6KSince last month
Decreased$800 (-0.9%)Since last year
Decreased$8K (-8.2%)Since last sale
Increased$72K (+463.3%)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 +136% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $88K |
| July 2026 | $88K |
| June 2026 | $87K |
| May 2026 | $89K |
| April 2026 | $90K |
| March 2026 | $88K |
| February 2026 | $89K |
| January 2026 | $91K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $32,540 | 02/19/26 | 3 | 2 | 1,038 | |
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 | |
0.27 | 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 | |
0.22 | Single-Family Home | $73,000 | 10/17/25 | 3 | 1.5 | 1,368 | |
0.16 | Single-Family Home | $112,000 | 07/16/26 | 3 | 2 | 1,176 | |
0.27 | Single-Family Home | $90,900 | 09/05/25 | 3 | 1.5 | 1,077 | |
0.14 | Single-Family Home | $149,300 | 06/11/26 | 3 | 2 | 1,263 | |
0.22 | Single-Family Home | $72,000 | 08/12/26 | 4 | 1.5 | 1,251 |
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 | $123,400 | 3 | 2 | 1,188 | Off Market | |
0.08 | $137,200 | 4 | 2 | 1,451 | Off Market | |
0.08 | $129,700 | 3 | 2 | 1,074 | Off Market | |
0.08 | $116,600 | 3 | 2 | 1,054 | Off Market | |
0.08 | $99,500 | 3 | 2 | 1,212 | Off Market | |
0.08 | $90,000 | 3 | 2 | 1,248 | Recently Sold | |
0.09 | $134,300 | 3 | 2 | 1,198 | Off Market | |
0.09 | $104,800 | 3 | 2 | - | Off Market | |
0.07 | $107,900 | 3 | 2 | 984 | Off Market | |
0.09 | $126,800 | 3 | 2 | 2,005 | Off Market | |
0.08 | $125,000 | 3 | 2 | 1,110 | For Sale | |
0.09 | $115,200 | 3 | 2 | 1,197 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1995
Living Area
1,077 sqft
Price/Sqft
$81
About this House
There is a $30 application fee. We ask that you have 3x the amount of the rent in verifiable income. If you have bankruptcies or evictions, your deposit will be $1000-$1200, which is fully refundable at the end of your lease.
2508 Labonte Dr, Memphis, TN 38127 is a 3 bedroom, 2 bathroom, 1,077 sqft single-family home in Shelby Forest-Frayser, built in 1995. It last sold for $15,550 on Aug 24, 2010. More recently, it was listed as a rental in January 2020 with an asking price of $650 per month. That rental listing was removed on February 25, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $87,600, with a rent estimate of $1,172/month.
Home Details for 2508 Labonte Dr
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 5 |
Heating & Cooling Air ConditioningCooling System: Central |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionExterior: Other |
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Year Built Year Built: 1995 |
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 |
|---|---|---|
Feb 25, 2021 Source: N/A | ListingRemoved | |
Feb 16, 2020 Source: N/A | ListingRemoved | $650 |
Jan 16, 2020 Source: N/A | Listed For Rent | $650 |
Mar 10, 2017 Source: N/A | ListingRemoved | $650 |
Feb 8, 2017 Source: N/A | Listed For Rent | $650 |
Mar 21, 2016 Source: N/A | ListingRemoved | $650 |
Jan 5, 2016 Source: N/A | Listed For Rent | $650 |
Nov 23, 2015 Source: N/A | ListingRemoved | $650 |
Oct 23, 2015 Source: N/A | Listed For Rent | $650 |
Aug 24, 2010 Source: N/A | Sold | $15,550 |
May 22, 2010 Source: Agent Provided | PriceChange | $25,000 Price decreased by 14% |
Apr 24, 2010 Source: Agent Provided | PriceChange | $29,000 Price decreased by 21% |
Apr 9, 2010 Source: Agent Provided | PriceChange | $36,900 Price decreased by 4% |
Mar 25, 2010 Source: Agent Provided | PriceChange | $38,500 Price decreased by 23% |
Feb 28, 2010 Source: Agent Provided | Listed For Sale | $50,000 |
Sep 17, 2007 Source: N/A | Sold | $65,000 |
Jan 25, 2006 Source: N/A | Sold | $28,125 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,112 | $84,400 |
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 2508 Labonte Dr
- What is 2508 Labonte Dr estimated to be worth?Trulia's estimated value for 2508 Labonte Dr in Memphis, TN is $87,600.
- What is the price history for 2508 Labonte Dr?2508 Labonte Dr in Memphis, TN last sold for $15,550 in August 2010.
- 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 2508 Labonte Dr have air conditioning?Yes, 2508 Labonte Dr in Memphis, TN has air conditioning.
- How big is the lot at 2508 Labonte Dr?The lot at 2508 Labonte Dr in Memphis, TN is about 0.18 acres (7,840 sq ft).

