$114,800
- 2 Beds
- 1 Bath
- 1,040 sqft (on 0.32 acres)
2860 Walnut Rd, Memphis, TN 38128
Est. Refi. Payment $764/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 29, 2022 for $118,000
Home Value
Trulia Estimate
$115KSince last month
Increased$2K (+1.9%)Since last year
Decreased$4K (-3.4%)Since last sale
Decreased$3K (-2.5%)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 +219% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $115K |
| August 2026 | $115K |
| July 2026 | $113K |
| June 2026 | $115K |
| May 2026 | $118K |
| April 2026 | $117K |
| March 2026 | $115K |
| February 2026 | $114K |
| January 2026 | $114K |
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 |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | $78,000 | 05/29/26 | 4 | 2 | - | |
0.35 | Single-Family Home | $111,700 | 03/03/26 | 3 | 2 | 2,052 | |
0.53 | Single-Family Home | $110,000 | 10/20/25 | 3 | 2 | 2,026 | |
0.45 | Single-Family Home | $65,000 | 06/18/26 | 3 | 2 | 1,332 | |
0.68 | Single-Family Home | $148,000 | 07/21/26 | 3 | 2 | 1,639 | |
0.62 | Single-Family Home | $232,000 | 05/12/26 | 3 | 2 | 1,643 | |
0.49 | Single-Family Home | $127,000 | 01/09/26 | 4 | 3 | 2,616 | |
0.61 | Single-Family Home | $250,000 | 02/13/26 | 3 | 2 | 2,300 | |
0.24 | Single-Family Home | $95,000 | 05/15/26 | 5 | 3 | 2,754 | |
0.54 | Single-Family Home | $103,927 | 08/12/26 | 3 | 2.5 | 1,308 |
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 |
|---|---|---|---|---|---|---|
0.08 | $167,000 | 3 | 1.5 | 1,755 | Off Market | |
0.18 | $174,100 | 4 | 1.5 | 2,107 | Off Market | |
0.22 | $119,700 | 3 | 1 | 1,169 | Off Market | |
0.23 | $94,900 | 3 | 1 | 1,107 | For Sale | |
0.18 | $96,400 | 3 | 1 | 1,192 | For Sale | |
0.24 | $95,000 | 5 | 3 | 2,754 | Recently Sold | |
0.24 | $249,500 | 5 | 3 | - | Off Market | |
0.27 | $84,200 | 3 | 1 | 1,364 | Off Market | |
0.28 | $206,200 | 4 | 2 | 1,944 | Off Market | |
0.31 | $98,100 | 3 | 1 | 1,317 | Off Market | |
0.27 | $359,900 | 4 | 3 | 1,900 | For Sale | |
0.28 | $349,000 | 4 | 2.5 | - | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1956
0.32 acre lot
1,040 sqft
$110/sqft
About this House
This is a sweet 2 bedroom 1 bath home in Raleigh. You are going to love living here. Great location. Perfect for entertaining friends and family.
This home won't last! You can apply for FREE at midsouthbestrentals.com and we will process your application within one day. Please direct ALL inquiries to our fantastic leasing team at 901-274-5237.
Thank you so much for your interest. To view one of our homes you can sign out the keys from the rental office at 2238 Central Avenue with a $40 key deposit. Just return the keys the same day and we refund that deposit. The rental office is open Monday - Friday from 9:00 AM until 5:30 PM.
Mid South Best Rentals
2238 Central Ave.
Memphis, TN 38104
midsouthbestrentals.com
This home won't last! You can apply for FREE at midsouthbestrentals.com and we will process your application within one day. Please direct ALL inquiries to our fantastic leasing team at 901-274-5237.
Thank you so much for your interest. To view one of our homes you can sign out the keys from the rental office at 2238 Central Avenue with a $40 key deposit. Just return the keys the same day and we refund that deposit. The rental office is open Monday - Friday from 9:00 AM until 5:30 PM.
Mid South Best Rentals
2238 Central Ave.
Memphis, TN 38104
midsouthbestrentals.com
2860 Walnut Rd, Memphis, TN 38128 is a 2 bedroom, 1 bathroom, 1,040 sqft single-family home in Raleigh, built in 1956. It last sold for $118,000 on Aug 29, 2022. More recently, it was listed as a rental in September 2018 with an asking price of $760 per month. That rental listing was removed on October 31, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $114,800, with a rent estimate of $1,084/month.
Home Details for 2860 Walnut Rd
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Interior Details BasementNumber of Rooms: 5 |
Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionDeckExterior: BrickFoundation Type: Crawl Raised |
Parking & Garage Parking: Carport |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Single Family HomeArchitecture: traditional |
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Units in Building: 1 |
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Lot Area: 0.32 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 29, 2022 Source: N/A | Sold | $118,000 |
Oct 28, 2021 Source: N/A | Sold | $70,000 |
Oct 31, 2018 Source: Agent Provided | ListingRemoved | $760 |
Sep 30, 2018 Source: Agent Provided | Listed For Rent | $760 |
May 11, 2018 Source: Agent Provided | ListingRemoved | $725 |
Apr 27, 2018 Source: Agent Provided | PriceChange | $725 Price decreased by 3% |
Apr 4, 2018 Source: Agent Provided | PriceChange | $750 Price decreased by 3% |
Mar 7, 2018 Source: Agent Provided | PriceChange | $775 Price decreased by 3% |
Nov 12, 2017 Source: Agent Provided | Listed For Rent | $800 |
Sep 12, 2017 Source: MAAR #9998995 | Sold | $36,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,096 | $83,200 |
Home facts updated by county records
Market trends in Raleigh
Last updated July 2026
Avg. sale price
$141K
$7.97KMoM
Sale-to-List Price
97.3%
1.2%MoM
Price per sq ft
$91
$7MoM
Available listings
219
6MoM
Around this home
What Locals Say about Raleigh
At least 301 Trulia users voted on each feature.
86 % Say car is needed
83 % Say yards are well-kept
74 % Say parking is easy
66 % Say there are sidewalks
65 % Say there's holiday spirit
62 % Say kids play outside
57 % Say streets are well-lit
52 % Say it's dog friendly
48 % Say it's quiet
44 % Say there's wildlife
43 % Say neighbors are friendly
36 % Say they plan to stay for at least 5 years
26 % Say it's walkable to restaurants
23 % Say it's walkable to grocery stores
20 % Say people would walk alone at night
16 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2860 Walnut Rd
- What is 2860 Walnut Rd estimated to be worth?Trulia's estimated value for 2860 Walnut Rd in Memphis, TN is $114,800.
- What is the price history for 2860 Walnut Rd?2860 Walnut Rd in Memphis, TN last sold for $118,000 in August 2022.
- Is Memphis a buyer's or seller's market?Memphis is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Memphis?The median sale price in Memphis is $141K. That is down $7.97K from the prior month.
- How big is the lot at 2860 Walnut Rd?The lot at 2860 Walnut Rd in Memphis, TN is about 0.32 acres (13,895 sq ft).
- Does 2860 Walnut Rd have parking?Yes, 2860 Walnut Rd in Memphis, TN has on-site parking.

