$244,500
- 3 Beds
- 2 Baths
- 1,700 sqft (on 1.52 acres)
503 Wayne Elam Rd, Ramer, TN 38367
Est. Refi. Payment $1,393/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 3, 2022 for $195,000
Home Value
Trulia Estimate
$245KSince last month
Increased$1K (+0.5%)Since last year
Decreased$2K (-0.9%)Since last sale
Increased$50K (+25.5%)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 +144% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $245K |
| July 2026 | $243K |
| June 2026 | $245K |
| May 2026 | $248K |
| April 2026 | $245K |
| March 2026 | $244K |
| February 2026 | $242K |
| January 2026 | $238K |
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 |
|---|---|---|---|---|---|---|---|
0.35 | Single-Family Home | $255,000 | 08/29/25 | 3 | 2 | 1,500 | |
0.13 | Single-Family Home | $91,388 | 06/08/26 | 3 | 2 | 1,260 | |
0.43 | Single-Family Home | $110,000 | 06/09/26 | 4 | 2.5 | 2,379 | |
0.79 | Single-Family Home | $270,000 | 07/16/26 | 3 | 2 | 1,560 | |
0.84 | Single-Family Home | $270,000 | 07/16/26 | 3 | 2 | 1,560 | |
0.67 | Single-Family Home | $230,000 | 10/01/25 | 3 | 2 | - | |
1.30 | Single-Family Home | $154,900 | 05/21/26 | 3 | 1 | 1,148 | |
1.63 | Single-Family Home | $290,000 | 09/16/25 | 3 | 2 | 1,632 | |
1.33 | Single-Family Home | $130,000 | 12/22/25 | 2 | 1,738 | ||
1.79 | Single-Family Home | $180,000 | 09/26/25 | 3 | 2 | 1,089 |
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 |
|---|---|---|---|---|---|---|
0.08 | $152,700 | 3 | 2 | 1,268 | Off Market | |
0.28 | $530,000 | 3 | 2 | 1,472 | For Sale | |
0.35 | $257,000 | 3 | 2 | 1,500 | Off Market | |
0.38 | $257,000 | 4 | 3 | 1,607 | Off Market | |
0.43 | $110,000 | 4 | 2.5 | 2,379 | Recently Sold | |
0.56 | $246,300 | 4 | 2 | 1,422 | Off Market | |
0.67 | $843,600 | - | - | - | For Sale | |
0.67 | $231,600 | 3 | 2 | - | Off Market | |
0.79 | $270,000 | 3 | 2 | 1,560 | Recently Sold | |
0.84 | $270,000 | 3 | 2 | 1,560 | Recently Sold | |
0.85 | $197,600 | 2 | 1.5 | 1,000 | Off Market | |
1.04 | $250,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1998
Lot Size
1.52 acres
Living Area
1,700 sqft
Price/Sqft
$144
About this House
This single-family home is located at 503 Wayne Elam Rd, Ramer, TN. 503 Wayne Elam Rd is in Ramer, TN and in ZIP code 38367. This property has 3 bedrooms, 2 bathrooms and approximately 1,700 sqft of floor space. This property has a lot size of 1.57 acres and was built in 1998.
503 Wayne Elam Rd, Ramer, TN 38367 is a 3 bedroom, 2 bathroom, 1,700 sqft single-family home built in 1998. It last sold for $195,000 on Jan 3, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $244,500, with a rent estimate of $1,588/month.
Home Details for 503 Wayne Elam Rd
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Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Hardwood |
Heating & Cooling Air Conditioning |
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Exterior Home Features Roof: CompositionExterior: OtherFoundation Type: FootingPatio |
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Year Built Year Built: 1998Year Updated: 1998 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 1.52 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 3, 2022 Source: MAAR #10111780 | Sold | $195,000 |
Nov 24, 2021 Source: MAAR #10111780 | Pending | $195,000 |
Oct 30, 2021 Source: MAAR #10111780 | Listed For Sale | $195,000 |
Oct 28, 2016 Source: N/A | Sold | $92,000 |
Aug 11, 2016 Source: Agent Provided | Listed For Sale | $104,900 |
Jul 20, 2016 Source: MAAR #9978847 | Sold | $57,774 |
Jun 8, 2016 Source: Agent Provided | Listed For Sale | $62,900 |
Apr 4, 2016 Source: N/A | Sold | $81,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $509 | $129,100 |
Home facts updated by county records
Market trends in Ramer
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
5
Around this home
LGBTQ Local Legal Protections
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Frequently asked questions about 503 Wayne Elam Rd
- What is 503 Wayne Elam Rd estimated to be worth?Trulia's estimated value for 503 Wayne Elam Rd in Ramer, TN is $244,500.
- What is the price history for 503 Wayne Elam Rd?503 Wayne Elam Rd in Ramer, TN last sold for $195,000 in January 2022.
- Is Ramer a buyer's or seller's market?Ramer is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to 503 Wayne Elam Rd?The closest schools to 503 Wayne Elam Rd in Ramer, TN are McNairy Central High School (rated 4/10), Ramer Elementary School (Pre-K/Middle, rated 6/10).
- How big is the lot at 503 Wayne Elam Rd?The lot at 503 Wayne Elam Rd in Ramer, TN is about 1.6 acres.

