256 Elder Rd, Memphis, TN 38109
OFF MARKET

$63,700

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 808 sqft

256 Elder Rd, Memphis, TN 38109

Coro Lake
Est. Refi. Payment $466/mo*
Refinance Your Home
Currently Off Market - Sold Jun 7, 2023 for $53,000

Home Value

Trulia Estimate
$63.7K
Since last month
Decreased$7K (-9.5%)
Since last year
Decreased$10K (-13.3%)
Since last sale
Increased$9K (+17.2%)
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 +364% in the last 10 years
MonthEstimated value
2026
November 2026$62K
October 2026$62K
September 2026$69K
August 2026$67K
July 2026$67K
June 2026$67K
May 2026$71K
April 2026$63K
March 2026$59K
February 2026$64K
January 2026$62K
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
250 Elder Rd, Memphis, TN
0.01
Single-Family Home
$50,000
07/14/26
3
1
808
321 Elder Rd, Memphis, TN
0.13
Single-Family Home
$58,000
12/29/25
2
1
840
364 Elder Rd, Memphis, TN
0.21
Single-Family Home
$69,000
04/21/26
3
1
812
397 Carbon Rd, Memphis, TN
0.29
Single-Family Home
$44,500
09/24/26
3
1
850
287 Carbon Rd, Memphis, TN
0.12
Single-Family Home
$132,000
05/06/26
3
1
816
3437 Rochester Rd, Memphis, TN
0.20
Single-Family Home
$97,500
09/21/26
3
1
830
185 Vernelle Ave, Memphis, TN
0.34
Single-Family Home
$39,900
03/31/26
3
1
868
3452 W Horn Lake Rd, Memphis, TN
0.16
Single-Family Home
$124,600
07/31/26
3
1
908
3568 W Horn Lake Rd, Memphis, TN
0.29
Single-Family Home
$135,800
04/23/26
3
1
936
511 Jenson Rd, Memphis, TN
0.55
Single-Family Home
$62,000
12/02/25
3
1
922

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
250 Elder Rd, Memphis, TN 38109
0.01
$50,000
3
1
808
Recently Sold
264 Elder Rd, Memphis, TN 38109
0.02
$95,400
4
2
1,330
Off Market
3432 Daggett Rd, Memphis, TN 38109
0.02
$61,300
3
1
1,310
Off Market
246 Elder Rd, Memphis, TN 38109
0.02
-
3
1
1,273
Off Market
246 Elder Rd #53, Memphis, TN 38109
0.02
-
-
-
-
Off Market
240 Elder Rd, Memphis, TN 38109
0.03
$89,300
3
1
869
Off Market
255 Elder Rd, Memphis, TN 38109
0.03
$62,700
3
1
900
Off Market
249 W Mitchell Rd, Memphis, TN 38109
0.03
-
3
1
1,208
Off Market
3454 Daggett Rd, Memphis, TN 38109
0.03
$78,700
2
1
808
Off Market
245 W Mitchell Rd, Memphis, TN 38109
0.04
$99,400
3
2
1,318
Off Market
247 Elder Rd, Memphis, TN 38109
0.04
$82,100
2
1
880
Off Market
236 Elder Rd, Memphis, TN 38109
0.04
$98,100
5
2
2,032
Off Market
3453 Daggett Rd, Memphis, TN 38109
0.04
$237,400
5
2
1,800
Off Market
239 W Mitchell Rd, Memphis, TN 38109
0.04
$98,200
3
2
1,444
Off Market
230 Elder Rd, Memphis, TN 38109
0.05
$95,000
3
1
-
Off Market
3437 Daggett Rd, Memphis, TN 38109
0.05
$88,100
3
1
1,374
Off Market
235 W Mitchell Rd, Memphis, TN 38109
0.05
$77,600
4
2
1,348
Off Market
3461 Elder Cv, Memphis, TN 38109
0.05
$59,100
2
1
816
Off Market
3464 Daggett Rd, Memphis, TN 38109
0.05
$74,000
2
1
960
Off Market
251 W Mitchell Rd #45, Memphis, TN 38109
0.05
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 256 Elder Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1954
808 sqft
$79/sqft

About this House

Newly Rehabbed Home in Whitehaven - This is a three bedroom one full bathroom that has been freshly painted throughout the home. There is carpet throughout most of the home as well. It has a good sized kitchen with a good amount of storage space.

Please visit our website: www.advantagepropertymgmt.com to view photos or to apply for this home online.

If you have any questions please feel free to contact our office at (901) 347-3148

(RLNE2497025)
256 Elder Rd, Memphis, TN 38109 is a 3 bedroom, 1 bathroom, 808 sqft single-family home in Coro Lake, built in 1954. It last sold for $53,000 on Jun 7, 2023. More recently, it was listed as a rental in February 2015 with an asking price of $550 per month. That rental listing was removed on August 4, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $63,700, with a rent estimate of $961/month.

Home Details for 256 Elder Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Other

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 7013 sqft

Price and Tax history

DateEventPrice
Jun 7, 2023
Source: MAAR #10144316
Sold
$53,000
May 22, 2023
Source: MAAR #10144316
Pending
$62,000
Apr 30, 2023
Source: MAAR #10144316
PriceChange
$62,000
Price decreased by 10%
Apr 18, 2023
Source: MAAR #10144316
PriceChange
$69,000
Price decreased by 8%
Mar 23, 2023
Source: MAAR #10144316
Listed For Sale
$75,000

Market trends in Coro Lake

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$107K
$7.92KMoM
Sale-to-List Price
97.1%
1.6%MoM
Price per sq ft
$82
$3MoM
Available listings
237
55MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

Coro Lake
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Coro Lake

At least 339 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 85 % Say yards are well-kept

  • 77 % Say parking is easy

  • 64 % Say there are sidewalks

  • 63 % Say kids play outside

  • 61 % Say there's holiday spirit

  • 57 % Say streets are well-lit

  • 56 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 45 % Say it's dog friendly

  • 38 % Say it's walkable to grocery stores

  • 31 % Say there's wildlife

  • 30 % Say people would walk alone at night

  • 25 % Say it's walkable to restaurants

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Crystal wallace
    "It’s a great peaceful place to live the area is beautiful and houses are just as well look like everyone looks out for one another in the community haven’t heard to much crime in the neighborhood "
    1
    Flag
  • Dazarries Wilkerson
    "My commute is great soo far I have zero complaints about the neighboring areas. This property is only about 18 minutes away from my job and I think it would be a great fit."
    1
    Flag
  • Bridget Harris
    "I live in the area .. and have for over 30 years. It’s retired educators, physicians, and attorneys who live in the area. "
    4
    Flag
  • Bridget Harris
    "The area is rebuilding with restaurants and great neighborhood parks safe for daily exercise. There are a variety of great schools in the area from private, charter and public schools!"
    1
    Flag
  • Trulia User
    "Good I have doctors appointment and so do my sons. My sons are disable and we need piece and quite. It look like a good commute."
    4
    Flag
  • Trulia User
    "some areas in the neighbor are great, but they are hidden. whitehaven has more to offer than many of the low income neighborhoods in memphis. "
    2
    Flag
  • Trulia User
    "very safe each time I have lived in this area. I also go through this neighborhood several times a day and never seen anything that would bother me or surprise me . "
    9
    Flag
  • Trulia User
    "Needs some improvement! More police patrol night & day. Need sidewalks so the people & children can walk. Need more lighting. Need playground for children and a basketball court for boys & men."
    4
    Flag
  • Trulia User
    "I talked to my neighbor from time to time. Any other no other no just wave at my neighbors when passing by. Everyone is to themselves. "
    1
    Flag
  • Trulia User
    "right in the heart of Graceland, a city mall, numerous restaurant, grocery stores, and well lit streets. Very safe neighborhood with low crime, and nearby police and fire stations "
    7
    Flag
  • Trulia User
    "Tenured neighbors are friendly and watch out for each other. Great neighborhood to live in and everyone takes care of their property. "
    2
    Flag
  • Trulia User
    "The Elvis Presley Mansion/Museum is minutes away. This neighborhood is also 10 minutes away from downtown Memphis. "
    0
    Flag
  • Mwangirajoun
    "It’s ok over here. I like the elderly people who are truly amazing. The neighborhood is decent for the most part, I actually feel safe even though it’s lower income in some areas. My kids like to go outside and it’s lots of space to play for them. I still wanna move though. I just want to have more room and a quieter environment. I honestly need a safe place to own a pet. I worry about his safety. "
    52
    Flag
  • Willdogood64
    "I have live in the area for over four year..So when I start looking to buy a home I wanted to stay in this area..I like how you can get around from end of town to the next one in 15 to 20 minute."
    18
    Flag
  • Positive E.
    "I have lived in the Diamond Estates Community for 20 years now and I have never had any problems. Everyone focuses on the upkeep of their home and maintaining their property value. You will not make a bad choice when choosing this community. "
    26
    Flag
  • Markesha M.
    "Our neighborhood is gated and code locked. The Day Estates subdivision is predominantly African American. No crime whatsoever happens behind our gates. We know each neighbor by name. It’s a small community, maybe 20 homes. The owner of the land lives in the neighborhood. The Day Estates should have a much higher property value than its given. "
    21
    Flag
  • Lisalou1227
    "I lived here for most of my life. I moved to Atlanta for 10 years and moved back here. All of the neighbors are connected and know each other very well. We look out for each other to help maintain a safe environment "
    27
    Flag
  • Markesha M.
    "Lived here in and off my whole life. I’ve never had any disruptions myself, but I know of many bad eggs that live in the area. There are also many retirees that cause no trouble at all."
    15
    Flag
  • Sherry W.
    "There isnt enough thing for the children to do around here need more affordable camps for summer time"
    4
    Flag
  • Kimberly
    "People enjoy walking their dog and enjoy the peaceful area and they have dog parks near by. a few of people walk their dog daily."
    0
    Flag
  • Trulia User
    "The community that I live in is a community of mostly older people, no parks, and no sidewalks which is very important. The Elementary school in the neighborhood has been closed."
    3
    Flag
  • Schanaquejohnson
    "I've been living in the same place for the last 24 yrs. We've raised 4 kids and grandkids here. The schools are close by in walking distance as well as shopping centers and local restaurants ."
    2
    Flag
  • Belinda B.
    "There are friendly families that lives around, parks, grocery stores, schools, community centers,gas stations and workshops "
    1
    Flag
  • Mrsknutso
    "Indian hills annual festival for kids and adults. There is food, games, m music and lots of fun and fellowship. "
    2
    Flag
  • Briharris52003
    "My neighbors are mixed in age , settled and millennials! Friendly area Historic sights.20min from everywhere! "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 256 Elder Rd

  • What is 256 Elder Rd estimated to be worth?
    Trulia's estimated value for 256 Elder Rd in Memphis, TN is $63,700.
  • What is the price history for 256 Elder Rd?
    256 Elder Rd in Memphis, TN last sold for $53,000 in June 2023.
  • 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 $107K. That is down $7.92K from the prior month.
  • How big is the lot at 256 Elder Rd?
    The lot at 256 Elder Rd in Memphis, TN is about 0.16 acres (6,970 sq ft).

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