321 Elder Rd, Memphis, TN 38109
SOLD
DEC 29, 2025

$82,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 840 sqft

321 Elder Rd, Memphis, TN 38109

Coro Lake
Refinance Your Home
Currently Off Market - Sold Dec 29, 2025 for $58,000 (32% below list price)

Home Value

Trulia Estimate
$82.9K
Since last month
Decreased$4K (-4.4%)
Since last year
Decreased$20K (-19.2%)
Since last sale
Increased$25K (+43.3%)
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 +469% in the last 10 years
MonthEstimated value
2026
October 2026$83K
September 2026$87K
August 2026$87K
July 2026$87K
June 2026$88K
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
364 Elder Rd, Memphis, TN
0.09
Single-Family Home
$69,000
04/21/26
3
1
812
3437 Rochester Rd, Memphis, TN
0.07
Single-Family Home
$97,500
09/21/26
3
1
830
3207 Gilmore Rd, Memphis, TN
0.48
Single-Family Home
$78,500
11/07/25
2
1
790
3186 Alta Rd, Memphis, TN
0.51
Single-Family Home
$45,000
12/09/25
2
1
768
511 Jenson Rd, Memphis, TN
0.45
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
325 Elder Rd, Memphis, TN 38109
0.01
$64,200
4
1
1,312
Off Market
315 Elder Rd, Memphis, TN 38109
0.01
$66,400
3
1
1,060
Off Market
311 Elder Rd, Memphis, TN 38109
0.02
$203,000
5
2.5
1,800
Off Market
305 Elder Rd, Memphis, TN 38109
0.03
$88,300
5
2
1,600
Off Market
320 Elder Rd, Memphis, TN 38109
0.03
$63,900
3
1
856
Off Market
324 Elder Rd, Memphis, TN 38109
0.03
-
3
1
1,636
Off Market
314 Elder Rd, Memphis, TN 38109
0.03
$65,200
3
1
951
Off Market
324 Carbon Rd, Memphis, TN 38109
0.03
$57,100
3
1
816
Off Market
3450 Rochester Rd, Memphis, TN 38109
0.03
$48,800
3
1
808
Off Market
318 Carbon Rd, Memphis, TN 38109
0.03
$69,600
3
1
816
Off Market
330 Elder Rd, Memphis, TN 38109
0.04
$50,800
3
1
788
Off Market
3458 Rochester Rd, Memphis, TN 38109
0.04
$118,770
3
1
888
Recently Sold
3466 Rochester Rd, Memphis, TN 38109
0.04
$48,900
3
1
816
Off Market
312 Carbon Rd, Memphis, TN 38109
0.04
$62,300
3
1
888
Off Market
310 Elder Rd, Memphis, TN 38109
0.04
-
-
-
1,514
Off Market
301 Elder Rd, Memphis, TN 38109
0.04
$56,900
2
1
808
Off Market
328 Carbon Rd, Memphis, TN 38109
0.04
$67,400
4
2
1,251
Off Market
308 Carbon Rd, Memphis, TN 38109
0.04
$61,900
3
1
1,219
Off Market
3470 Rochester Rd, Memphis, TN 38109
0.04
$48,100
3
1
816
Off Market
304 Elder Rd, Memphis, TN 38109
0.04
$61,200
2
1
788
Off Market

Local Information

  • Map ViewExplore the area around 321 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
840 sqft
$69/sqft
Open Parking

About this House

What's unique:Ample cabinet spaceSpacious backyardBright eat-in kitchenCentral air and heating
Great house for a investor. Priced right. Good condition.
321 Elder Rd, Memphis, TN 38109 is a 2 bedroom, 1 bathroom, 840 sqft single-family home in Coro Lake, built in 1954. It last sold for $58,000 on Dec 29, 2025 (32% below the $84,900 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $935 per month. That rental listing was removed on June 12, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $82,900, with a rent estimate of $936/month.
Last check for updates: about 14 hours ago
Listed by Joe King
Marathon REALTORS, LLC
Bought with: Joe King, Marathon REALTORS, LLC
Source: MAAR, MLS#10209529

Home Details for 321 Elder Rd

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Dining Room, Living Room, Den
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 840 Square Feet
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: Composition ShinglesExterior: Other (See REMARKS)Foundation: SlabNo Private Pool
Parking & Garage
No GarageHas Open ParkingParking: Driveway/Pad
Pool
Pool: None

Days on Market

Cumulative Days on Market: 24

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional
Building
Construction Materials: Wood/CompositionNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 075079 00004

Price & Status

Price
List Price: $84,900Price Per Sqft: $69/sqftPrice Range: $58,000 - $84,900
Status Change & Dates
Off Market Date: Fri Dec 05 2025Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Closed

Location

Direction & Address
City: MemphisCommunity: J E Walker Homes

Lot Information

Lot Area: 7405.2 sqft

Offer

Listing Terms: Conventional

Miscellaneous

Mls Number: 10209529Living Area Range Units: Square Feet

Price and Tax history

DateEventPrice
Jun 12, 2026
Source: Zillow Rentals
ListingRemoved
$935
May 22, 2026
Source: Zillow Rentals
Listed For Rent
$935
Apr 21, 2026
Source: Zillow Rentals
ListingRemoved
$935
Apr 9, 2026
Source: Zillow Rentals
Listed For Rent
$935
Dec 29, 2025
Source: MAAR #10209529
Sold
$58,000

Market trends in Coro Lake

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$115K
$2.8KMoM
Sale-to-List Price
98.7%
0.2%MoM
Price per sq ft
$85
$0MoM
Available listings
290
64MoM
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

This October

Trick-or-Treat Score

Built from what locals say about Coro Lake.
  • 64% say there are sidewalks
  • 61% say there's holiday spirit
  • 46% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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

Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Frequently asked questions about 321 Elder Rd

  • What is 321 Elder Rd estimated to be worth?
    Trulia's estimated value for 321 Elder Rd in Memphis, TN is $82,900.
  • What is the price history for 321 Elder Rd?
    321 Elder Rd in Memphis, TN last sold for $58,000 in December 2025.
  • 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 $115K. That is up $2.8K from the prior month.
  • Does 321 Elder Rd have air conditioning?
    Yes, 321 Elder Rd in Memphis, TN has air conditioning.
  • How big is the lot at 321 Elder Rd?
    The lot at 321 Elder Rd in Memphis, TN is about 0.17 acres (7,405 sq ft).

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