261 Tate Rd, Drummonds, TN 38023
OFF MARKET

$549,900

Trulia Estimate
  • Studio
  • 3 Baths
  • 3,410 sqft (on 31 acres)

261 Tate Rd, Drummonds, TN 38023

Est. Refi. Payment $3,177/mo*
Refinance Your Home
Currently Off Market - Sold Mar 1, 2002 for $10,125

Home Value

Trulia Estimate
$550K
Since last month
Increased$1K (+0.2%)
Since last year
Increased$73K (+15.2%)
Since last sale
Increased$540K (+5,331.1%)
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 decreased by -4% in the last 10 years
MonthEstimated value
2026
August 2026$550K
August 2026$546K
July 2026$549K
June 2026$501K
May 2026$475K
April 2026$468K
March 2026$495K
February 2026$470K
January 2026$469K
2025
2024
2023

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
0.34
Single-Family Home
$500,000
07/21/26
5
3.5
2,882
0.49
Single-Family Home
$615,000
06/02/26
4
3
2,973
0.41
Single-Family Home
$359,999
03/23/26
3
2
2,032
0.42
Single-Family Home
$171,000
11/07/25
3
2
1,344
0.25
Single-Family Home
$219,000
07/02/26
1
955
0.69
Single-Family Home
$289,000
12/30/25
6
3.5
3,295
0.61
Single-Family Home
$325,000
06/25/26
3
2
1,367
1.20
Single-Family Home
$394,000
11/25/25
4
3
3,503
1.18
Single-Family Home
$410,000
06/18/26
4
3
2,619
1.05
Single-Family Home
$270,000
11/10/25
4
2
1,752

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
0.21
$364,800
5
3
2,625
Off Market
0.32
$505,600
4
3
3,170
Off Market
0.34
$500,000
5
3.5
2,882
Recently Sold
0.41
$359,999
3
2
2,032
Recently Sold
0.42
$171,000
3
2
1,344
Recently Sold
0.48
$531,000
3
3.5
2,922
Off Market
0.49
$615,000
4
3
2,973
Recently Sold
0.49
$515,400
4
3
2,745
Off Market
0.44
$459,700
4
2.5
2,876
Off Market
0.52
$475,000
5
3.5
3,713
Off Market
0.57
$372,100
4
3
2,354
Off Market
0.55
$427,800
3
3.5
3,069
Off Market

Local Information

  • Map ViewExplore the area around 261 Tate Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2004
31 acre lot
3,410 sqft
$161/sqft
Garage

About this House

This single-family home is located at 261 Tate Rd, Drummonds, TN. 261 Tate Rd is in Drummonds, TN and in ZIP code 38023. This property has 3 bathrooms and approximately 3,410 sqft of floor space. This property has a lot size of 31.00 acres and was built in 2004.
261 Tate Rd, Drummonds, TN 38023 is a studio, 3 bathroom, 3,410 sqft single-family home built in 2004. It last sold for $10,125 on Mar 1, 2002. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $549,900, with a rent estimate of $2,529/month.

Home Details for 261 Tate Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Concrete
Interior Details
Types of Rooms: Office
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: MetalExterior: MetalFoundation Type: FootingPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2004Year Updated: 2004
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 31.00 acres

Price and Tax history

DateEventPrice
Mar 1, 2002
Source: N/A
Sold
$10,125
Oct 26, 1998
Source: N/A
Sold
$1,566

Market trends in Drummonds

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
21

What Locals Say about Drummonds

At least 6 Trulia users voted on each feature.
  • 90 % Say car is needed

  • 90 % Say yards are well-kept

  • 80 % Say there's holiday spirit

  • 78 % Say neighbors are friendly

  • 73 % Say kids play outside

  • 67 % Say it's dog friendly

  • 67 % Say there's wildlife

  • 58 % Say parking is easy

  • 50 % Say it's quiet

  • 50 % Say people would walk alone at night

  • 38 % Say there are community events

  • 33 % Say they plan to stay for at least 5 years

  • 22 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Rrgraham
    "I commute by car on mostly rural highways. It is about 30 minutes to the nearest city and 10 minutes to a town"
  • Pams105
    "I live in this area & love it! More country so you have to drive 10-15 miles for entertainment & dining. But worth it to be in a quite peaceful part of the area. Takes me about 35-45 minutes to get to mid-town Memphis for work everyday."

LGBTQ Local Legal Protections

Frequently asked questions about 261 Tate Rd

  • What is 261 Tate Rd estimated to be worth?
    Trulia's estimated value for 261 Tate Rd in Drummonds, TN is $549,900.
  • What is the price history for 261 Tate Rd?
    261 Tate Rd in Drummonds, TN last sold for $10,125 in March 2002.
  • Is Drummonds a buyer's or seller's market?
    Drummonds is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Drummonds?
    Residents describe Drummonds, TN as well-kept, neighborly, and dog-friendly. Most residents say you need a car. See recently sold homes in Drummonds, TN.
  • How big is the lot at 261 Tate Rd?
    The lot at 261 Tate Rd in Drummonds, TN is about 31 acres.
  • Does 261 Tate Rd have a garage?
    Yes, 261 Tate Rd in Drummonds, TN has a garage.

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Off Market Homes Near 261 Tate Rd

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