OFF MARKET
Off market jan 2023 for $106K
$118,142
Est. refi paymentEst. refi $858/mo
3
bd
•
1 ba
•
1,095
sq ft

2954 Dearing Rd, Memphis, TN 38118

map-entry

About this home

Single-familyProperty Type
1960Year Built
8,160 sq ftLot Size
$108Est. Price/Sq.Ft.
Listed by Sarah Surratt • Crye-Leike, Inc., REALTORS
Listed by Patrick Surratt • Crye-Leike Commercial
Bought with Robert Hunt • KAIZEN Realty, LLC
Source:Memphis Area Association of Realtors(R) MLS #10083521

Redfin Estimate

$118,142
$11K since sold in January 2023$4,000 since October

This home's estimate is 19.1% higher than the average sale price ($99K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Rent
$1,156/mo
Redfin rental estimate

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Market trends in 38118, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price
95.7%

1.6% MoM

Median sale price
$127K

$3K MoM

Avg. days on market
36d

3 days MoM

Recently sold homes
51

4 MoM

New listings for sale

Provided by Redfin

Sale history for 2954 Dearing Rd

Tax history for 2954 Dearing Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-6

Residential Single Family-6 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses

Include but are not limited to:

  • Religious facility
  • Housing-Senior
  • Infrastructure
  • Educational / school
  • Fire house
  • Police station
  • Recreation
  • Park & open space

Property details

Around this home

Schools

Parkway Village Elementary

Public PreK-5 • Assigned • 0.4mi

5/10
American Way Middle School

Public 6-8 • Assigned • 1.2mi

6/10
Sheffield High School

Public 9-12 • Assigned • 0.5mi

4/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 109° expected this year, 20 days in 30 years

4/10 Wind Factor

18% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38118
Average low and high temperatures (°F)
48
30
58
38
72
50
78
58
79
63
89
72
92
77
90
72
88
68
76
58
66
49
55
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$113,000 – $136,000

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New listings for sale in 38118

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Home values near 2954 Dearing Rd

Data from public records.

More real estate resources

Parkway Village homes for sale
North Parkway Village homes for sale
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