331 Colonial Rd, Memphis, TN 38117
OFF MARKET

$1,582,900

Trulia Estimate
  • 5 Beds
  • 5 Baths
  • 6,400 sqft (on 0.73 acres)

331 Colonial Rd, Memphis, TN 38117

East Memphis-Colonial-Yorkshire
Est. Refi. Payment $9,571/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.58M
Since last month
Increased$26K (+1.7%)
Since last year
Increased$113K (+7.7%)
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 +338% in the last 10 years
MonthEstimated value
2026
August 2026$1.58M
August 2026$1.58M
July 2026$1.56M
June 2026$1.51M
May 2026$1.52M
April 2026$1.54M
March 2026$1.57M
February 2026$1.54M
January 2026$1.55M
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
4749 Shady Grove Rd, Memphis, TN
0.13
Single-Family Home
$1,285,000
07/16/26
5
4.5
5,421
353 Colonial Rd, Memphis, TN
0.04
Single-Family Home
$400,000
08/31/26
5
3.5
3,878
4926 Greenway Ave, Memphis, TN
0.33
Single-Family Home
$1,130,000
11/07/25
5
5
5,365
4779 Gwynne Rd, Memphis, TN
0.29
Single-Family Home
$1,145,000
06/30/26
4
3.5
4,450
364 Clawson Cv, Memphis, TN
0.10
Single-Family Home
$350,000
06/09/26
4
3
3,300
4903 Greenway Ave, Memphis, TN
0.31
Single-Family Home
$1,229,000
10/30/25
4
4.5
4,316
319 Saint Nick Dr, Memphis, TN
0.22
Single-Family Home
$700,000
07/09/26
4
3
3,238
4947 Warwick Ave, Memphis, TN
0.35
Single-Family Home
$1,000,000
09/18/25
5
4.5
4,282
335 Clawson Cv, Memphis, TN
0.12
Single-Family Home
$607,000
06/30/26
4
3.5
3,384
4841 Fleetgrove Ave, Memphis, TN
0.55
Single-Family Home
$960,331
03/17/26
5
4.5
5,670

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
353 Colonial Rd, Memphis, TN 38117
0.04
$400,000
5
3.5
3,878
Recently Sold
344 Clove Dr #344, Memphis, TN 38117
0.04
$472,400
3
2.5
2,285
Off Market
354 Clove Dr #354, Memphis, TN 38117
0.04
$291,600
2
2.5
2,012
Off Market
356 Clove Dr, Memphis, TN 38117
0.05
$395,000
3
2.5
2,258
Recently Sold
352 Colonial Rd, Memphis, TN 38117
0.07
$832,400
4
4
5,307
Off Market
4736 All Spice Dr #4736, Memphis, TN 38117
0.07
$385,000
2
2.5
1,820
Recently Sold
364 Clawson Cv, Memphis, TN 38117
0.10
$350,000
4
3
3,300
Recently Sold
4741 Mint Dr #4741, Memphis, TN 38117
0.10
$433,200
3
3.5
-
Off Market
335 Clawson Cv, Memphis, TN 38117
0.12
$607,000
4
3.5
3,384
Recently Sold
4726 Cinnamon Cv #4726, Memphis, TN 38117
0.10
$319,400
2
2.5
1,884
Off Market
4735 Mint Dr, Memphis, TN 38117
0.11
$351,400
3
2.5
2,345
Off Market
4735 Mint Dr #4735, Memphis, TN 38117
0.11
$349,000
3
2.5
2,345
For Sale

Local Information

  • Map ViewExplore the area around 331 Colonial Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2022
0.73 acre lot
6,400 sqft
$247/sqft
Garage

About this House

This single-family home is located at 331 Colonial Rd, Memphis, TN. 331 Colonial Rd is in the East Memphis-Colonial-Yorkshire neighborhood in Memphis, TN and in ZIP code 38117. This property has 5 bedrooms, 5 bathrooms and approximately 6,400 sqft of floor space. This property has a lot size of 0.73 acres and was built in 2022.
331 Colonial Rd, Memphis, TN 38117 is a 5 bedroom, 5 bathroom, 6,400 sqft single-family home in East Memphis-Colonial-Yorkshire, built in 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,582,900, with a rent estimate of $5,395/month.

Home Details for 331 Colonial Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 10Types of Rooms: Family Room
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: BrickFoundation Type: Masonry
Pool
Pool
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: Single Family HomeArchitecture: traditional

Community

Units in Building: 1

Lot Information

Lot Area: 0.73 acres

Price and Tax history

YearProperty taxTax assessment
2025
$19,397
$1,472,000
Home facts updated by county records

Market trends in East Memphis-Colonial-Yorkshire

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$221K
$5.67KMoM
Sale-to-List Price
97.8%
Price per sq ft
$146
$1MoM
Available listings
739
12MoM

Around this home

Neighborhood Overview

East Memphis-Colonial-Yorkshire
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Memphis-Colonial-Yorkshire

At least 530 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 89 % Say car is needed

  • 86 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 81 % Say parking is easy

  • 70 % Say there's holiday spirit

  • 64 % Say streets are well-lit

  • 61 % Say kids play outside

  • 55 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 51 % Say it's quiet

  • 45 % Say it's walkable to restaurants

  • 43 % Say people would walk alone at night

  • 39 % Say it's walkable to grocery stores

  • 28 % Say there are community events

  • 25 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Brinley Honshell
    "I see people walking their dogs daily. Also, anytime my dog has ever got out. My neighbors are always looking out and keeping each other’s pups safe."
    0
    Flag
  • Raul
    "A great place to live in summer season. I traveled to that zone the last year and it was awesome walking into the green areas"
    0
    Flag
  • Raul
    "The price is excelente for all the amenities and the green areas looks awesome I have plans tho visit that area in my next vacations"
    0
    Flag
  • Designerchick84
    "Nice friendly neighborhood. Clean kept yards. People are polite and most keep to themselves without being rude "
    2
    Flag
  • Amdstrtt
    "There are a lot of dog owners in my neighborhood. It is a good pace for walks and there is a dog park very close. "
    2
    Flag
  • Giana Ballard
    "Sometimes there are stray dogs walking around, which might make it difficult to let your dog outside unattended. "
    2
    Flag
  • Mr.exxxtra
    "Greatest place in Memphis to live . Great public open areas. Very dog friendly place and close to everything in Memphis "
    3
    Flag
  • Trulia User
    "its a good area there some cheap gardeners there people are friendly quiet and it's good for Halloween my kids go trick or treating there other kids go to and so much candy"
    4
    Flag
  • Trulia User
    "its family oriented and I love the murals and the culture in this particular community I love everything about the community the easy if finding stores and restaurants in the area. the community has come a lo g way and I'm have been living here since 2013."
    9
    Flag
  • Trulia User
    "Pro is Dog park at Sea isle park. Lots of people walking in the neighborhood. Con is Lots of petty thrift "
    1
    Flag
  • Trulia User
    "condo living and safety, diverse neighborhood, many churches and Greenspance walking trail, convenient to all medical facilities, grocery shopping, thrift stores, garden centers and large fitness centers with8n 10 minutes, "
    7
    Flag
  • Trulia User
    "It’s beautiful and your neighbors are from all backgrounds young and old and we all watch out for each other"
    20
    Flag
  • Trulia User
    "Safety is always important. So it’s important to keep that in mind when moving to a new neighborhood "
    3
    Flag
  • Trulia User
    "YWCA, Liberty Bowl and it's a very nice library on poplar. it's nice restaurants and other ammunities that you can use totally to your advantage. It's a very underrated area and it's good to build your knowledge of Memphis. Coming from Atlanta it was easy to love this area. Forcefully this security is important throughout this new journey. Daily traffic is undoubtedly an issue throughout this new city. Memphis has outstanding food. I mean the food is outstanding all over the city."
    0
    Flag
  • Trulia User
    "Amazing place people walk dogs all the time on leash and pick up after them so it is a great place to live here "
    0
    Flag
  • Trulia User
    "Everyone is always very willing to help out their neighbors. My dogs have gotten out but I’ve always found them fast and in safe homes because of the wonderful people who live around me."
    0
    Flag
  • Trulia User
    "How polite the dogs and their owners treat one another, how well we all try to get lost pets back to their owners and how well we clean up after our pets. "
    1
    Flag
  • Trulia User
    "It’s cute. Good schools nearby. Quiet, neighborly. Safe feeling. Nice houses too. Also close to many shops"
    9
    Flag
  • Trulia User Portia J
    "There are a lot of families in the area, but it's best to scope out the neighborhood you're interested in if you want to be sure. It's pretty walk friendly, so take a walk around and see what you think."
    0
    Flag
  • Trulia User
    "Green line great for walks close to midtown and commercials. Common streets with medium traffic. The view are gorgeous with. Different kind of trees and bits singing."
    0
    Flag
  • Kimberly K.
    "It’s super clean and safe for families with children and or animals. I would highly recommend this area "
    27
    Flag
  • Ashley L.
    "You see people walking their dogs everyday. Dogs are welcome in our neighborhood. A great place to have dogs & cats. "
    8
    Flag
  • Samucl
    "It’s a great neighborhood with lots of shopping and restaurants close by. Great public and private schools are within walking distance as well. The green line is close by and perfect for walks and bike riding. "
    12
    Flag
  • Yvonne C.
    "My neighborhood has great access to commenting systems great school and close by shopping to all access. Great parks nearby for dogs, hiking, and biking"
    9
    Flag
  • Derricka L. R.
    "Christmas my neighbors really get into holiday spirit with lights & decorations on doors etc. Not too many disturbances & thts what I value most."
    14
    Flag
  • Cody H.
    "My commute differs as I drive a lot for work. Poplar Avenue gives me trouble coming to and from home. There are other streets I can use to get home that do not cause as much traffic. 6/10 would recommend to a friend"
    3
    Flag
  • Gymtanbaseball
    "the traffic isnt bad, although there is ONE guy that drives a silver dodge ram and a maroon suburban that speeds up and down the streets every day like a wild man. The commute to places is very simple. seems to be rather centrally located "
    18
    Flag
  • Jerry E.
    "It’s my favorite location in Memphis. People of all ethnicities live in my neighborhood. It’s filled with young and old owners"
    32
    Flag
  • Chloe S.
    "Very easy! Light traffic into midtown and no heavy traffic lights either. It only takes me 5 minutes to get to Overton area for work most days!"
    4
    Flag
  • J.renee49
    "It’s a quiet neighborhood and kid friendly. There are a lot of shops close in this area. I love it here"
    2
    Flag
  • Johnell A.
    "Great neighborhood to raise young children in. The Pink Palace, The Children's Museum, and the Botanic Gardens are all within short distances. "
    3
    Flag
  • Elisa B.
    "Friendly, safe neighborhood with not a lot of traffic once you're off the main thru ways. Houses and yards are will kept and houses are close to grocery, post office, and shopping."
    5
    Flag
  • Ashley L.
    "There are many families in our neighborhood. People walk their dogs, go for runs and we have a great park two blocks from our house. Great neighborhood!"
    3
    Flag
  • Marilyn M.
    "That their Children or GrandChildren can play outside without drive bye or violent in area This is a nice neighborhood that why I’m looking for something in this area"
    6
    Flag
  • Brandy G.
    "I was driving through the are to find a friend's house and noticed how lovely and we'll maintained the area was. When I stopped to ask for directions, I didn't feel afraid. "
    4
    Flag
  • Gypsyskye010
    "I use Uber and it usually is quick never more then a 5 min wait. always friendly, respectable drivers and never a problem"
    3
    Flag
  • Webcandoit5
    "Cool place to live right near summer avenue and walnut grove and highland so there’s lots to do all the time"
    34
    Flag
  • Diamondt958
    "Well my neighbor is friendly and It’s just to many shooting out here so I just need quite place to relax "
    3
    Flag
  • Courtney S.
    "The people looking out for each other homes and taking care of one other. Walking dogs running makes the neighborhood seem safe "
    0
    Flag
  • Marebare11856
    "Great place to live! Close to schools, parks, stores and restaurants. Within 6 miles of the interstate."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 331 Colonial Rd

  • What is 331 Colonial Rd estimated to be worth?
    Trulia's estimated value for 331 Colonial Rd in Memphis, TN is $1,582,900.
  • 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 $221K. That is up $5.67K from the prior month.
  • What do residents say about the East Memphis-Colonial-Yorkshire neighborhood?
    Residents describe the East Memphis-Colonial-Yorkshire neighborhood in Memphis, TN as pedestrian-friendly, well-kept, and dog-friendly. See recently sold homes in East Memphis-Colonial-Yorkshire, Memphis.
  • Does 331 Colonial Rd have air conditioning?
    Yes, 331 Colonial Rd in Memphis, TN has air conditioning.
  • Does 331 Colonial Rd have a pool?
    Yes, 331 Colonial Rd in Memphis, TN has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

645 rentals with an outdoor space in Memphis, TN

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