4038 Drowsy Ln, Memphis, TN 38127
OFF MARKET

$93,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,449 sqft

4038 Drowsy Ln, Memphis, TN 38127

Shelby Forest-Frayser
Est. Refi. Payment $631/mo*
Refinance Your Home
Currently Off Market - Sold Nov 6, 1979 for $43,900

Home Value

Trulia Estimate
$93.2K
Since last month
Decreased$4K (-3.7%)
Since last year
Decreased$11K (-10.1%)
Since last sale
Increased$49K (+112.3%)
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 +69% in the last 10 years
MonthEstimated value
2026
August 2026$93K
July 2026$97K
June 2026$93K
May 2026$97K
April 2026$95K
March 2026$99K
February 2026$103K
January 2026$103K
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
2170 Hillside Ave, Memphis, TN
0.09
Single-Family Home
$55,000
08/07/26
3
2
1,296
2243 Wellons Ave, Memphis, TN
0.10
Single-Family Home
$85,000
03/19/26
3
2
1,400
2367 Kingsley Ave, Memphis, TN
0.32
Single-Family Home
$73,000
02/25/26
3
2
1,337
4164 Slumber Ln, Memphis, TN
0.22
Single-Family Home
$77,500
09/08/25
3
2
1,967
2230 Wellons Ave, Memphis, TN
0.12
Single-Family Home
$160,000
09/30/25
3
1.5
1,364
2224 Wellons Ave, Memphis, TN
0.10
Single-Family Home
$95,500
06/29/26
3
1
1,481
3947 Ridgedale St, Memphis, TN
0.25
Single-Family Home
$101,500
11/03/25
3
1.5
1,480
2278 Sharon Ln, Memphis, TN
0.22
Single-Family Home
$109,000
11/05/25
3
1.5
1,213
4236 Argonne St, Memphis, TN
0.52
Single-Family Home
$55,000
04/20/26
3
1.5
1,319
2303 Saint Elmo Ave, Memphis, TN
0.37
Single-Family Home
$73,000
07/07/26
3
1.5
1,817

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
4031 Drowsy Ln, Memphis, TN 38127
0.05
-
3
2
1,794
Off Market
4074 Slumber Ln, Memphis, TN 38127
0.11
$118,300
3
2
1,580
Off Market
2170 Hillside Ave, Memphis, TN 38127
0.09
$55,000
3
2
1,296
Recently Sold
4075 Slumber Ln, Memphis, TN 38127
0.12
$133,300
3
2
1,876
Off Market
2224 Wellons Ave, Memphis, TN 38127
0.10
$95,500
3
1
1,481
Recently Sold
2220 Hillside Ave, Memphis, TN 38127
0.08
$85,000
3
1
921
For Sale
2230 Wellons Ave, Memphis, TN 38127
0.12
$159,900
3
1.5
1,364
Off Market
4010 Overton Crossing St, Memphis, TN 38127
0.16
$70,000
2
1
792
Recently Sold
4088 Overton Crossing St, Memphis, TN 38127
0.17
$150,400
4
3
-
Off Market
2190 Aberdeen Ave, Memphis, TN 38127
0.13
$158,100
4
2
1,255
Off Market
2258 Hillside Ave, Memphis, TN 38127
0.13
$77,900
3
1
1,288
Off Market
2107 Wellons Ave, Memphis, TN 38127
0.19
$153,400
3
2
1,988
Off Market

Local Information

  • Map ViewExplore the area around 4038 Drowsy Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1969
Living Area
1,449 sqft
Price/Sqft
$64

About this House

This single-family home is located at 4038 Drowsy Ln, Memphis, TN. 4038 Drowsy Ln is in the Shelby Forest-Frayser neighborhood in Memphis, TN and in ZIP code 38127. This property has 3 bedrooms, 2 bathrooms and approximately 1,449 sqft of floor space. This property has a lot size of 10367 sqft and was built in 1969.
4038 Drowsy Ln, Memphis, TN 38127 is a 3 bedroom, 2 bathroom, 1,449 sqft single-family home in Shelby Forest-Frayser, built in 1969. It last sold for $43,900 on Nov 6, 1979. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $93,200, with a rent estimate of $1,180/month.

Home Details for 4038 Drowsy Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 7
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Brick
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: Single Family HomeArchitecture: traditional

Community

Units in Building: 1

Lot Information

Lot Area: 10367 sqft

Price and Tax history

DateEventPrice
Nov 6, 1979
Source: N/A
Sold
$43,900

Market trends in Shelby Forest-Frayser

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Shelby Forest-Frayser
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • DeAnna Carter
    "Stray dogs everywhere some friendly some not so much. Keep your dogs tight and gates locked and closed. "
    7
    Flag
  • Trulia User
    "we have neighborhood watch block parties community gardens and friendly neighbors local stores and churches great food and restaurants playgrounds"
    10
    Flag
  • Trulia User
    "alot of stray dogs. my dog was attacked twice she almost died. if you love ur pets keep a close eye on them."
    2
    Flag
  • Jessica L.
    "They would like the idea if their pets having the privilege of safe and clean grounds to walk about."
    6
    Flag
  • Cassandrabailey0614
    "That they children should be watched at all times because it ain’t safe like it use to be. But overall it’s a nice neighborhood to live in. Affordable rent and nice public and private schools to choose from."
    12
    Flag
  • Swinfreysbw2
    "We have neighborhood Block Parties, that really strengthen the neighborhood , and also , we had the Frayser Christmas Parade , that was for the Community, it was enjoyable, and the people really had a good time."
    9
    Flag
  • Tonya B.
    "My Neighborhood is quiet. I have lived here for three years. I rent my home. Children play outside. Sometimes I hear a lot of gunshots. I am very careful in my neighborhood."
    5
    Flag
  • William P. R.
    "I love the neighborhood just wish it was more to do In the area. There is not a lot of places for kids to go around here. Need more parks and safe zones for the kids "
    5
    Flag
  • Kyomoto3
    "Checked out this home and it's actually really nice. The neighborhood is quiet as well. Really convenient area for a high school as well."
    40
    Flag
  • Michael C.
    "Free safe fun wild people friendly lots of families plenty of shopping areas schools gym's restaurants Barber shops"
    1
    Flag
  • Tonya B.
    "Ive lived in this neighborhood for three years.I live on a quiet street.My neighbors look out for one another."
    25
    Flag
  • Denishalewis85
    "I drive no need for commute although there are bus lines for those who need it as well as other methods of transportation commutes"
    1
    Flag
  • drea T.
    "Great Area that is ver popular for parents and kids and also ive lived here all my life its just any other place it has its up and downs its what you make out of it"
    2
    Flag
  • Ladredasm1974
    "my neighborhood has a bunch of abandoned homes and overgrown grass,many people outside loitering around the corner ssf store "
    1
    Flag
  • Qveennpeachess
    "It’s a nice neighborhood if people would raise their kids to not steal and harm people and encourage them to stay in school "
    1
    Flag
  • Tequalaisom
    "It’s a bit peaceful and I love it! I can finally take my kids trick or treating in a safe commmunity."
    0
    Flag
  • Lpobgcggvfd
    "I’ve lived here for 30+ years, and the neighborhood is still safe and friendly! And the neighbors actually watch out for each other! Also, the neighborhood is clean along the sidewalks, and everyone keeps up their yard in this area!"
    61
    Flag
  • Joyce E. H.
    "My neighborhood is quiet and neighbors are friendly. I just got married and we want to move to Bartlett. I have never seen any buses except for the school buses run in this area."
    1
    Flag
  • Whitney D.
    "It’s an okay place. It has it perks. It could be a great place to live. Just needs a few updates here and there. It could be approved in a lot of great ways. Just need the manpower to do so. "
    6
    Flag
  • Anonymous
    "Constant burglaries. Alarm system and bars on windows are needed if you plan to live here. Don't leave anything out unless you want it stolen."
    18
    Flag
  • Taylorgang5109
    "the lack of police presence regardless of complaints & regular gun shots heard during the night. the amount of stray dogs & cats that wonder the streets with no regard for anyone's safety. "
    10
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4038 Drowsy Ln

  • What is 4038 Drowsy Ln estimated to be worth?
    Trulia's estimated value for 4038 Drowsy Ln in Memphis, TN is $93,200.
  • What is the price history for 4038 Drowsy Ln?
    4038 Drowsy Ln in Memphis, TN last sold for $43,900 in November 1979.
  • 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.
  • Does 4038 Drowsy Ln have air conditioning?
    Yes, 4038 Drowsy Ln in Memphis, TN has air conditioning.
  • How big is the lot at 4038 Drowsy Ln?
    The lot at 4038 Drowsy Ln in Memphis, TN is about 0.24 acres (10,367 sq ft).

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