4971 Malone Rd, Memphis, TN 38118
OFF MARKET

$188,300

Trulia Estimate
  • 3 Beds
  • 1,170 sqft (on 8 acres)

4971 Malone Rd, Memphis, TN 38118

Parkway Village-Oakhaven
Est. Refi. Payment $1,212/mo*
Refinance Your Home
Currently Off Market - Sold Jan 10, 2022 for $200,000

Home Value

Trulia Estimate
$188K
Since last month
Increased$20K (+11.9%)
Since last year
Decreased$2K (-0.9%)
Since last sale
Decreased$11K (-5.7%)
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 decreased by -4% in the last 10 years
MonthEstimated value
2026
August 2026$189K
August 2026$188K
July 2026$169K
June 2026$185K
May 2026$196K
April 2026$197K
March 2026$178K
February 2026$189K
2025
2024
2023
2020

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
3366 E Shelby Dr #1, Memphis, TN
1.82
Lot/Land
$45,000
06/26/26
-
-
4880 Sybil Rd, Memphis, TN
1.51
Lot/Land
$7,000
02/05/26
-
-
Zodiac Rd, Memphis, TN
2.21
Lot/Land
$206,000
02/24/26
-
-
Zodiac Rd, Memphis, TN
2.21
Lot/Land
$208,999
05/13/26
-
-
Zodiac Rd, Memphis, TN
2.21
Lot/Land
$210,000
04/30/26
-
-
3120 Argot Ave, Memphis, TN
2.23
Lot/Land
$230,000
11/25/25
-
-
Tchulahoma Rd, Memphis, TN
2.34
Lot/Land
$45,000
07/09/26
-
-
3105 Linda Dr, Memphis, TN
3.87
Lot/Land
$15,000
02/11/26
3
2
1,440
3725 Cherry Rd, Memphis, TN
2.34
Lot/Land
$15,000
03/18/26
-
-
3021 Elgin Dr, Memphis, TN
4.19
Lot/Land
$55,000
04/16/26
4
2
2,706

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
8273 Gum Pond Dr, Olive Branch, MS 38060
1.23
$338,300
4
2
1,819
Off Market
4737 Wild Plum Ct, Memphis, TN 38118
1.27
$60,700
2
1.5
-
Off Market
4735 Wild Plum Ct #114, Memphis, TN 38118
1.27
$80,000
2
1.5
1,182
For Sale
4703 Wild Plum Ct #99, Memphis, TN 38118
1.30
$56,600
2
1.5
1,407
Off Market
3566 Morning Dew Ct #15, Memphis, TN 38118
1.31
$47,500
2
2
1,092
Recently Sold
4724 Morning Glory Ct #81, Memphis, TN 38118
1.32
$47,500
2
2
1,109
Recently Sold
4721 Queens Lace Ct #56, Memphis, TN 38118
1.34
$46,000
2
2
1,079
For Sale
4701 Queens Lace Ct #53, Memphis, TN 38118
1.36
$30,000
2
1.5
1,182
Recently Sold
4735 Dandelion Ct #95, Memphis, TN 38118
1.38
$49,100
2
1.5
1,206
Off Market
4977 Chevron Rd, Memphis, TN 38118
1.39
$214,000
3
2.5
1,305
Off Market
4977 Chevron Rd #84, Memphis, TN 38118
1.39
$220,100
3
2.5
-
Off Market
4729 Columbine Ct #38, Memphis, TN 38118
1.39
$44,500
2
1.5
1,342
For Sale

Local Information

  • Map ViewExplore the area around 4971 Malone Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Lot/Land
Built in 1951
8 acre lot
1,170 sqft
$161/sqft

About this House

This lot/land is located at 4971 Malone Rd, Memphis, TN. 4971 Malone Rd is in the Parkway Village-Oakhaven neighborhood in Memphis, TN and in ZIP code 38118. This property has 3 bedrooms and approximately 1,170 sqft of floor space. This property has a lot size of 8.00 acres and was built in 1951.
4971 Malone Rd, Memphis, TN 38118 is a 3 bedroom, 1,170 sqft lot/land in Parkway Village-Oakhaven, built in 1951. It last sold for $200,000 on Jan 10, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $188,300.

Home Details for 4971 Malone Rd

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Lot LandArchitecture: cottage

Community

Units in Building: 1

Lot Information

Lot Area: 8.00 acres

Price and Tax history

DateEventPrice
Jan 10, 2022
Source: MAAR #10094945
Sold
$200,000
Aug 23, 2021
Source: MAAR #10094945
Listed For Sale
$280,000
Jan 20, 2021
Source: MAAR
ListingRemoved
Sep 18, 2020
Source: Agent Provided
Listed For Sale
$360,000
May 21, 2020
Source: Agent Provided
ListingRemoved
$320,000

Market trends in Parkway Village-Oakhaven

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$130K
$904MoM
Sale-to-List Price
—
Price per sq ft
$93
$2MoM
Available listings
120
1MoM

Around this home

Neighborhood Overview

Parkway Village-Oakhaven
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Parkway Village-Oakhaven

At least 205 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 72 % Say parking is easy

  • 68 % Say kids play outside

  • 60 % Say streets are well-lit

  • 59 % Say there's holiday spirit

  • 49 % Say it's dog friendly

  • 47 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 40 % Say neighbors are friendly

  • 36 % Say there's wildlife

  • 33 % Say it's walkable to restaurants

  • 26 % Say people would walk alone at night

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Timothy Mcneal
    "We are family-oriented and it is a pleasant area to raise a family and up keep is pretty good as well"
    0
    Flag
  • Doridan325
    "I believe they wouldn’t like other dog owners not be able to handle or train their dog properly. I also believe they will like friendly dog owners."
    1
    Flag
  • Trulia User
    "there aren't many great or awesome things about this area, not much uniquenessbut if you reference the gun shooting and fast cars on my street, it's still not unique. I don't like it here. I grew up in this city."
    5
    Flag
  • Trulia User
    "it has its good and bad areas. middle class and poverty all in one due to alot of rental properties. "
    3
    Flag
  • Chalese M.
    "I completed my teenage years in this neighborhood, the school was good and the neighborhood is really quiet."
    13
    Flag
  • Chrisndbritt
    "The neighbors and the up keep of our community,safety and always neatness and everyone wants to keep up there neighborhood."
    5
    Flag
  • Verlencia M.
    "Use to be a nice neighborhood. Lot’s of crime. Lot’s car break in and home break in’s. School’s are ok. "
    8
    Flag
  • Someone
    "No events happen around here. People pretty much keep to themselves. I barely even know my neighbors on my street and I’ve lived here for almost my whole life. "
    8
    Flag
  • Robert D.
    "The people make a community what it is. These people need to realize the value of what is and could be here. This neighborhood can be what it was before they got here."
    14
    Flag
  • Kimberly D.
    "I love parkway villiage best place to move ever. I been staying out here for years nice area to raise you children(s)"
    13
    Flag
  • By.grace.mwm
    "Parkway village is not a good place to live. There are gunshots daily. I was robbed by two guys at gun point working on my car in my own driveway!"
    4
    Flag
  • Garry W.
    "Violence and other issues with people police and unemployed people who have nothing to lose and uneducated people "
    6
    Flag
  • NB
    "The area that it’s in, It is by great schools, high school, middle schools and elementary schools which is ok"
    9
    Flag
  • Preciouspre1
    "People dogs get stolen over here so u have to keep an eye on your dog if u let it out in the front yard..................."
    1
    Flag
  • Demetriusdunlap1011
    "Mellow very laid back and peaceful really good reassurance that it’s a good area . Even the schools in the community is great "
    10
    Flag
  • Delandersr17
    "Nothing I've noticed in years, beside the Oakhaven High football home coming. A beauty shop named Divine Look use to have many events but it's moved, and the area has been pretty dull after that."
    3
    Flag
  • Regina Chalmers
    "This neighborhood is very quiet we have lived here for 3 yrs now and really love living in this area. Friendly neighborhood."
    11
    Flag
  • Delandersr17
    "Dogs are welcomed, and not many vicious type dogs from what I've observed in the area. Not many dog friendly accessible park nor pet stores nearby I don't really see much that a dog owner would like about the area."
    1
    Flag
  • T H.
    "This neighborhood is horrible, shootouts, everyday, drug dealers, lack of police presence, not a safe place for children. I would not recommend this area."
    1
    Flag
  • Antonio
    "it's not it's a lot of crime around here and violence and burglary and drug dealers around the childrens.They have shoot outs everyday and nights until you can't sleep. "
    95
    Flag
  • Richard P.
    "beware of gun fire. there are weapons discharged nightly, a drive-by happened 4 doors away. this is not a good area for families or children. "
    10
    Flag
  • Sheri W.
    "Greatest neighborhood ever in the 20 Years l lived here.Nice and peaceful place is important and size of the home is priceless, affordable and l know trulia will help me with finding the right home for me and my family "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4971 Malone Rd

  • What is 4971 Malone Rd estimated to be worth?
    Trulia's estimated value for 4971 Malone Rd in Memphis, TN is $188,300.
  • What is the price history for 4971 Malone Rd?
    4971 Malone Rd in Memphis, TN last sold for $200,000 in January 2022.
  • 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 $130K. That is down $904 from the prior month.

Explore by feature - Pet Friendly

1505 pet-friendly rentals in Memphis, TN

Explore by feature - Garage

291 rentals with a garage in Memphis, TN

Explore by feature - Air Conditioning

1288 rentals with air conditioning in Memphis, TN

Explore by feature - Pool

253 rentals with a pool in Memphis, TN

Explore by feature - Washer/dryer

803 rentals with a washer/dryer in Memphis, TN

Explore by feature - Outdoor Space

623 rentals with an outdoor space in Memphis, TN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 4971 Malone Rd

Skip to last item
Skip to first item

Homes for sale near 4971 Malone Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item