$185,000
Tax assessed value
2985 Thomas St, Memphis, TN 38127
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.00 | Lot/Land | $80,000 | 11/05/25 | - | - | ||
0.37 | Lot/Land | $10,000 | 10/27/25 | 3 | 1 | 1,306 | |
0.55 | Lot/Land | $9,500 | 09/22/25 | 2 | 1 | 864 | |
0.55 | Lot/Land | $9,500 | 09/17/25 | - | - | ||
0.34 | Lot/Land | $3,100 | 11/12/25 | 2 | 1 | 950 | |
0.64 | Lot/Land | $9,500 | 09/15/25 | 3 | 1 | 1,542 | |
0.64 | Lot/Land | $9,500 | 09/17/25 | 3 | 1 | 1,204 | |
0.57 | Lot/Land | $5,000 | 03/17/26 | - | - | ||
0.57 | Lot/Land | $5,000 | 03/06/26 | - | - | ||
0.54 | Lot/Land | $11,751 | 12/11/25 | 1 | 1,020 |
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 |
|---|---|---|---|---|---|---|
0.06 | - | - | - | - | Off Market | |
0.07 | $4,000 | - | - | - | For Sale | |
0.11 | $19,000 | - | - | - | For Sale | |
0.11 | $24,000 | - | - | - | For Sale | |
0.14 | $74,500 | 2 | 1 | 875 | For Sale | |
0.15 | $119,800 | 3 | 1 | 960 | Recently Sold | |
0.17 | $107,400 | 3 | 1 | 1,225 | Off Market | |
0.23 | - | - | - | - | Off Market | |
0.24 | - | - | - | - | Off Market | |
0.26 | $99,000 | 2 | 1 | 768 | Recently Sold | |
0.24 | $108,700 | 3 | 2 | 986 | Off Market | |
0.27 | $134,800 | 3 | 2 | 1,176 | Off Market |
Homes for rent near 2985 Thomas St
Local Information
-- mins to
Home Highlights
Lot/Land
0.45 acre lot
About this House
Owner/Agent. Prime investment opportunity. 29,479 ADT (2018). Vacant land ready to build on. Cell tower's perpetual lease does not convey.
2985 Thomas St, Memphis, TN 38127 is a lot/land in Shelby Forest-Frayser. This property is not currently displayed as for sale or rent on Trulia.
Home Details for 2985 Thomas St
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Property Type / Style Property Type: Lot Land |
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Lot Area: 0.45 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 1, 2024 Source: MAAR #10102389 | ListingRemoved | |
Jun 29, 2023 Source: MAAR #10102389 | ListingRemoved | $119,000 |
Nov 15, 2022 Source: MAAR #10102389 | PriceChange | $119,000 Price decreased by 8% |
May 2, 2022 Source: MAAR #10102389 | PriceChange | $129,000 Price decreased by 7% |
Apr 4, 2022 Source: MAAR #10102389 | PriceChange | $139,000 Price decreased by 7% |
Jun 24, 2021 Source: MAAR #10102389 | Listed For Sale | $149,000 |
May 6, 2021 Source: Keller Williams | ListingRemoved | |
Jun 13, 2020 Source: Agent Provided | Listed For Sale | $149,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,900 | $185,000 |
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 2985 Thomas St
- 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.
- What do residents say about the Shelby Forest-Frayser neighborhood?Residents describe the Shelby Forest-Frayser neighborhood in Memphis, TN as well-kept, pedestrian-friendly, and easy to park in. See recently sold homes in Shelby Forest-Frayser, Memphis.
- What are the closest schools to 2985 Thomas St?The closest schools to 2985 Thomas St in Memphis, TN are Grandview Heights Middle (rated 4/10), Trezevant High School (rated 3/10), Westside Elementary School (Pre-K, rated 4/10).