2986 Elbert Dr, Memphis, TN 38127
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OFF MARKET

2986 Elbert Dr
Memphis, TN 38127

Raleigh
  • 2 Beds
  • 1 Bath
  • 817 sqft

$73,900

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $511/mo*
Refinance Your Home

$73,900

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $511/mo*
Refinance Your Home
2 Beds
1 Bath
817 sqft

Home Value

Trulia Estimate
$73.9K
Since last month
Decreased$3K (-3.5%)
Since last year
Decreased$10K (-11.5%)
Since last sale
Increased$15K (+24.7%)
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 +165% in the last 10 years
MonthEstimated value
2026
August 2026$74K
July 2026$76K
June 2026$78K
May 2026$80K
April 2026$80K
March 2026$80K
February 2026$80K
January 2026$78K
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
3927 Ajanders Dr, Memphis, TN
0.26
Single-Family Home
$70,000
08/07/26
3
1
1,318
3936 Ajanders Dr, Memphis, TN
0.29
Single-Family Home
$97,310
10/14/25
3
1
1,038
2955 Lake Park Rd, Memphis, TN
0.10
Single-Family Home
$120,000
09/29/25
3
1.5
903
2955 Lake Park Rd #38, Memphis, TN
0.10
Unknown
$120,000
09/29/25
-
-
2938 Conti Cv, Memphis, TN
0.45
Single-Family Home
$50,000
08/14/26
3
1
1,070
2776 Northmeade Ave, Memphis, TN
0.39
Single-Family Home
$84,000
07/22/26
3
1
1,026
3816 Lake Park Cv, Memphis, TN
0.07
Single-Family Home
$135,900
07/16/26
3
2
1,090
2939 Conti Cv, Memphis, TN
0.40
Single-Family Home
$118,800
05/18/26
3
1
1,100
2783 Ridgeview Rd E, Memphis, TN
0.36
Single-Family Home
$64,000
09/12/25
3
1.5
1,146
3836 Schoolfield Rd, Memphis, TN
0.22
Single-Family Home
$65,000
06/17/26
3
2
1,590

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
2998 Elbert Cv, Memphis, TN 38127
0.05
$100,400
4
2
1,710
Off Market
3815 Ajanders Dr, Memphis, TN 38127
0.02
$138,800
5
2
1,634
Off Market
3815 Ajanders Dr #1, Memphis, TN 38127
0.02
$130,200
5
2
1,523
Off Market
3002 Elbert Cv, Memphis, TN 38127
0.06
$100,400
4
2
1,710
Off Market
2946 Grenadier Cv, Memphis, TN 38127
0.05
$103,500
4
2
1,634
Off Market
3816 Lake Park Cv, Memphis, TN 38127
0.07
$135,900
3
2
1,090
Recently Sold
3844 Ajanders Dr, Memphis, TN 38127
0.09
$144,900
4
2
1,296
For Sale
3820 Lake Park Cv, Memphis, TN 38127
0.08
$159,600
4
2
1,298
Off Market
3832 Lake Park Cv, Memphis, TN 38127
0.09
$125,000
4
2
1,298
For Sale
2955 Lake Park Rd, Memphis, TN 38127
0.10
$124,900
3
1.5
903
Off Market
2986 Lake Park Rd, Memphis, TN 38127
0.11
$135,900
3
1.5
1,026
For Sale
2968 Lake Park Rd, Memphis, TN 38127
0.11
$90,100
2
1.5
1,026
Off Market

Local Information

  • Map ViewExplore the area around 2986 Elbert Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1973
Living Area
817 sqft
Price/Sqft
$90

About this House

This single-family home is located at 2986 Elbert Dr, Memphis, TN. 2986 Elbert Dr is in the Raleigh neighborhood in Memphis, TN and in ZIP code 38127. This property has 2 bedrooms, 1 bathroom and approximately 817 sqft of floor space. This property has a lot size of 2064 sqft and was built in 1973.
2986 Elbert Dr, Memphis, TN 38127 is a 2 bedroom, 1 bathroom, 817 sqft single-family home in Raleigh, built in 1973. It last sold for $59,000 on May 26, 2020. More recently, it was listed as a rental in June 2019 with an asking price of $625 per month. That rental listing was removed on December 7, 2019. It is currently off market. The Trulia Estimate is $73,900, with a rent estimate of $859/month.

Home Details for 2986 Elbert Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 10
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Brick

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Single Family HomeArchitecture: traditional

Community

Units in Building: 2

Lot Information

Lot Area: 9365 sqft

Price and Tax history

DateEventPrice
May 26, 2020
Source: MAAR #10071433
Sold
$59,000
Mar 23, 2020
Source: N/A
Sold
$47,812
Dec 7, 2019
Source: Agent Provided
ListingRemoved
$525
Aug 22, 2019
Source: Agent Provided
PriceChange
$525
Price decreased by 9%
Jul 16, 2019
Source: Agent Provided
PriceChange
$575
Price decreased by 3%

Market trends in Raleigh

Last updated July 2026
Buyer'sMarketSeller'sMarket
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
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Around this home

Neighborhood Overview

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

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.
  • Celita Allen
    "Theres a lot of stray dogs in the area that likes to run around and chase the kids, but it is a quiet peaceful area which why i love living here "
    3
    Flag
  • Trulia User
    "neighborhood has nice older homes that are on a larger scale. however the school district. is not the best at all. but for the most part the community is friendly in this area "
    7
    Flag
  • Trulia User
    "People watch out for each other here and mostly everyone is friendly in public. Lots of families live here and if you’re worried about crime, that’s everywhere it’s Memphis. "
    3
    Flag
  • Trulia User
    "Raleigh is a step above Frayser when it comes to crime. it has a bad reputation but in all honesty it's not that bad. the schools are not great. my biggest complaint about Raleigh is that there is trash all over the place. I don't know if residents of Raleigh are just more prone to litter, or if they just don't have the city cleaning up as much as they do other areas. either way the trash is really appalling. if you turn down Coleman Road coming off of Egypt Central, that road is a prime example of how junky it really is. and that area could be really beautiful."
    31
    Flag
  • Nicole N
    "Lots of potholes and bad drivers. The roads are so bad beds they Are almost as dangerous as the dumb butte riding around with guns shooting at signs and other cars. "
    5
    Flag
  • Trulia User
    "It has a beautiful skate park with a water fountain. The neighborhood is friendly. There’s lots of attractions, stores and different things to do."
    4
    Flag
  • Trulia User
    "yup. it's nice and quiet and peaceful community. neighbors are Respectful of space and crime activity is not common "
    6
    Flag
  • Toriell.finch
    "There are pockets ... various neighborhoods on the area that are lovely and a few that are not. In neighborhoods like ours kids play and families know one another and look out for each other. It’s truly a great family neighborhood. "
    15
    Flag
  • Toriell.finch
    "Side walks and the new lake offer nice places to walk dogs but I’ve yet to see a dog park. The biggest problem may be that there is a large poppy of stray cats in the area and that could prove troublesome for dog owners "
    4
    Flag
  • Dimitriusjames
    "You don't have to drive far to a store to get groceries or household items. The schools are nearby as well. It's decent."
    5
    Flag
  • Price.stacy
    "Nice neighborhood for dogs owners. Dogs are great for security here. Dogs greatly reduce home invasion, I know from experience."
    2
    Flag
  • Rochelle F.
    "It’s ok I wish it was cleaner people throw they trash every. Wish the neighbors would do a little better with the trash"
    3
    Flag
  • Jonah.bragg
    "Good neighborhood I feel completely safe . My kids and family have a wonderful time in this neighborhood "
    1
    Flag
  • Corwenharper
    "Raleigh-Millington area is not bad but not good! It’s good enough for people who are just starting up a family without kids. People do not drive safely and it’s just not the “best area”! Crime is not to bad just too many reckless and careless people!"
    34
    Flag
  • Stevo B.
    "Just normal Memphis neighborhood not best, but not the worst either has good and bad like every where else we use to have Raleigh springs mall but no longer here so it's just a cheap place to live if u don't mind hearing gun shots hear n there as well as idiot drivers who can't seem to stop and stop signs and run right through there are lots of good people here though "
    12
    Flag
  • Rljacksonbanker
    "I’ve lived in the neighborhood all my life and watched it change for the worse over time. It’s still some good neighborly people left but just a few "
    16
    Flag
  • Gina G.
    "I take my dog on walks along sidewalks with streetlights. Other neighbors walk their dogs and most pick up after their dogs. People are nice and friendly."
    2
    Flag
  • AnjelB
    "Downtown commute is 15 minutes and I love it. There are now major restaurants in our area which is sad. "
    0
    Flag
  • Kenneshia D. B.
    "this neighborhood has good schools. It has a lot of traffic doing the 5-Hour. it has a selection of grocery stores in a selection of shopping stores"
    0
    Flag
  • Lindalizbeth05
    "Someone probably gone steal yo dog .. this area is bad .. not safe .. people break into your house .. "
    3
    Flag
  • Tramayne1110
    "It’s ok. I’ve been in Raleigh for about 9 years now. Very convenient far as driving. I feel at home in Raleigh to be honest. "
    18
    Flag
  • Thompson
    "We have neighborhood watch meets, meet and greet potlucks, most neighbors watch each other’s property when needed. "
    6
    Flag
  • Shnika S.
    "Everybody stand's up for each other if need be nice neighborhood . The kids school bus comes in the front of the house.But to many dog get out"
    8
    Flag
  • Daisywilson22
    "My neighborhood is decent and safe enough to live or raise a family. You can’t be scared to live or you never will... "
    6
    Flag
  • Perezj057
    "No very unsafe at night and at the day time. People let there dogs go any time of day. Have not seen a dog bite anyone in the neighborhood."
    2
    Flag
  • Jeannine O.
    "there's too much killings and violence. neighbors don't speak just look at uyou crazy. very very few children come out to play. it's changed tremendously."
    0
    Flag
  • Price.stacy
    "Need better trash clean up on streets. People passing through Raleigh throw there trash out their car window. You never find police when you need them. Commercial businesses are allowed to blast loud music Thursday to Sunday night and the police and there superiors don’t care. First home investment worst home investment living in Raleigh."
    26
    Flag
  • Derek B.
    "well this July 4th there will be lots of smoke in the air. from grills to fireworks, gun barrels, and marijuana. I might rent a hotel that night. On new year's Eve, we had all of those activities along with a dead body shot in our neighbors yard right across the street. stay away from this place. go to school or a trade school and get a good job and stay out of the hood. "
    1
    Flag
  • Ty S.
    "There isn't a real dog park out here, so the closest would be Overton or Shelby farms. There are often strays in the area, so always be aware of your own pets. "
    0
    Flag
  • Derek B.
    "dogs and people would not enjoy the gunshots, murder, many drug dealers, crime, foul mouthed children, children getting high, children walking the streets instead of being in school. dog owners might like there's many loose dogs in the neighborhood that maybe they can pet. but usually they are starving so you have to call animal control to pick them up. do not move here. stay in school, get a good job, and stay away from the hood. there's trash everywhere! pot hole city. dogs and humans stay away!"
    1
    Flag
  • Vampires.muse
    "Nothing really easily accessible without a vehicle or plenty of time to walk. There are bus lines that are relatively close, but like most of Memphis public transportation is not a strong point "
    0
    Flag
  • Paulette B. .
    "It's busy around Austin Peay HWY and when school gets out around 3-4p. But my area is close to the freeway off I-240 East and West. "
    0
    Flag
  • Harleighbell
    "no community events. nothing special. there is a lot of it unnecessary trash everywhere. not an ideal place to live"
    1
    Flag
  • Paulette B. .
    "Raleigh community meetings every Thursday at 7pm. Annual carnivals. Library reading and crafts events. Shops everywhere. "
    2
    Flag
  • Trulia User
    "within two weeks of living here there were notices posted about a shooting, a robbery, & a guy got all four of his tires jacked. "
    0
    Flag
  • Tonya S.
    "Too congested most days...area is rather busy a lot of the time. Would definitely reconsider before choosing. I hear gunshots on a regular."
    0
    Flag

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Homes for sale near 2986 Elbert Dr

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Off Market Homes Near 2986 Elbert Dr

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Frequently asked questions about 2986 Elbert Dr

  • What is 2986 Elbert Dr estimated to be worth?
    Trulia's estimated value for 2986 Elbert Dr in Memphis, TN is $73,900.
  • What is the price history for 2986 Elbert Dr?
    2986 Elbert Dr in Memphis, TN last sold for $59,000 in May 2020.
  • 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.
  • Does 2986 Elbert Dr have air conditioning?
    Yes, 2986 Elbert Dr in Memphis, TN has air conditioning.
  • How big is the lot at 2986 Elbert Dr?
    The lot at 2986 Elbert Dr in Memphis, TN is about 0.05 acres (2,064 sq ft).