Google street view image for 3248 Graves Rd, Memphis, TN 38116

Off market aug 1966 for $19K

$156,769

Est. refi paymentEst. refi $137/mo

•

2 ba

•

1,457

sq ft

3248 Graves Rd, Memphis, TN 38116

About this home

3248 Graves Rd is a 1,457 square foot house on a 9,000 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on August 11, 1966 for $19,700. Based on Redfin's Memphis data, we estimate the home's value is $156,769.

Single-familyProperty Type

1966Year Built

9,000 sq ftLot Size

$108Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$156,769

$137K since sold in August 1966$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.3% higher than the average sale price ($134K) of 5 comparable homes.

SOLD SEP 14, 2026
$130,000
A
3 beds2 baths— sq ft
3265 Brakebill Cv, Memphis, TN 38116
SOLD SEP 10, 2026
$75,000
B
3 beds1.5 baths— sq ft
3608 Cane Ridge Dr, Memphis, TN 38109
SOLD NOV 19, 2025
$227,500
C
3 beds2 baths1,800 sq ft
745 Brakebill Ave, Memphis, TN 38116
SOLD SEP 16, 2026
$77,000
D
3 beds1 bath— sq ft
3464 Southland St, Memphis, TN 38109
SOLD FEB 26, 2026
$159,000
E
3 beds2 baths— sq ft
130 E Fairway Ave, Memphis, TN 38109

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,399/mo

Redfin rental estimate

List your home for rent

Market trends in 38116, TN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

0.3% MoM

Median sale price

$160K

$18K MoM

Avg. days on market

46d

22 days MoM

Recently sold homes

16 MoM

New listings for sale

NEW 1 DAY AGO
$130,000
3 beds2 baths— sq ft
1061 Mosby Rd, Memphis, TN 38116
OPEN SUN, 2PM TO 4PM
$160,000
3 beds2 baths— sq ft
5006 Boeingshire Cv, Memphis, TN 38116
$145,000
3 beds1.5 baths— sq ft
4012 Spiegel Dr, Memphis, TN 38116
$169,900
3 beds1 bath— sq ft
1510 Bonnie Dr, Memphis, TN 38116
$84,000
2 beds1.5 baths— sq ft
1807 Grovehaven Cir #1807, Memphis, TN 38116
$165,000
3 beds2 baths— sq ft
1311 Randall Dr, Memphis, TN 38116
$144,000
3 beds2 baths— sq ft
4056 Hermitage Dr, Memphis, TN 38116
$158,000
3 beds2 baths— sq ft
4859 Rocky Knob Ave, Memphis, TN 38116
$124,900
3 beds2 baths— sq ft
1995 Francisco Blvd, Memphis, TN 38116
$129,900
3 beds1.5 baths— sq ft
3358 E Rosita Cir, Memphis, TN 38116
See all

Provided by Redfin

Sale history for 3248 Graves Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,038 (+70.3%)

$4,125 + $34,550

$38,675

2024

$1,197 (+8.1%)

$4,125 + $34,550

$38,675

2023

$1,107

$3,625 + $14,550

$18,175

2022

$1,107 (−1.2%)

$3,625 + $14,550

$18,175

2021

$1,120 (−6.6%)

$3,625 + $14,550

$18,175

2020

$1,199

$3,625 + $14,550

$18,175

2019

$1,199

$3,625 + $12,925

$16,550

2018

$1,199 (+76.3%)

$3,625 + $12,925

$16,550

2017

$680 (−5.4%)

$3,625 + $12,925

$16,550

2016

$719

$3,625 + $12,925

$16,550

2014

$719

$3,625 + $12,850

$16,475

Tax history for 3248 Graves Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,038 (+70.3%)

$4,125 + $34,550

$38,675

2024

$1,197 (+8.1%)

$4,125 + $34,550

$38,675

2023

$1,107

$3,625 + $14,550

$18,175

2022

$1,107 (−1.2%)

$3,625 + $14,550

$18,175

2021

$1,120 (−6.6%)

$3,625 + $14,550

$18,175

2020

$1,199

$3,625 + $14,550

$18,175

2019

$1,199

$3,625 + $12,925

$16,550

2018

$1,199 (+76.3%)

$3,625 + $12,925

$16,550

2017

$680 (−5.4%)

$3,625 + $12,925

$16,550

2016

$719

$3,625 + $12,925

$16,550

2014

$719

$3,625 + $12,850

$16,475

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

Zoning and permits

Zoning
Permits

R-8

Residential Single-Family-8 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-8 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-8 districts are generally located at least 1,000 to 1,500 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

Feb 7, 2024 • Final

Residential mechanical

Remove and replace the coil, condenser, and furnace.

HVAC

Jul 21, 2022 • Active

Residential electrical

Replace the electrical circuit for the air conditioning system.

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip

Property Information
Subdivision Name: GRAVES ROAD SUB SEC A
Living Sq. Ft: 1,457
Ground Floor Sq. Ft: 1,457
Building Sq. Ft: 1,457
# of Stories: 1
Stories Type: 1

Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 330
Garage / Carport Type: Frame

Lot Information
# of Buildings: 1
Land Sq. Ft: 9,000
Legal Lot Number: 37
Municipality Name: MEMPHIS
Acres: 0.2066
Depth Footage: 125
Front Footage: 72
Zoning Code: R-8
County Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,457
Stories: 1.0
Lot Size: 9,000 square feet
Style: Single Family Residential
Year Built: 1966
Year Renovated: —
County: Shelby County
APN: 077003 00039

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Ford Road Elementary School

Public PreK-5 • Assigned • 2.2mi

3/10

A. Maceo Walker Middle School

Public 6-8 • Assigned • 2.7mi

6/10

Mitchell High School

Public 9-12 • Assigned • 2.5mi

3/10

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, 21 days in 30 years

4/10 Wind Factor

22% chance of strong winds in next 30 years

2/10 Air Factor

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

Provided by First Street

Historical weather

Memphis, TN • 38116

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.6 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.6 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$149,000 – $181,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

Nearby similar homes

$56,000

2 beds1 bath— sq ft

48 W Belle Haven Rd, Memphis, TN 38109

$30,000

Land— sq ft

730 Lydgate Rd, Memphis, TN 38116

$137,500

4 beds2 baths— sq ft

3909 Birchleaf Rd, Memphis, TN 38116

$259,900

3 beds2 baths— sq ft

3438 Fontaine Dr, Memphis, TN 38116

$148,000

3 beds1.5 baths— sq ft

3637 Neely Rd, Memphis, TN 38109

$129,000

4 beds2 baths— sq ft

3571 Daggett Rd, Memphis, TN 38109

New listings for sale in 38116

NEW 1 DAY AGO

$130,000

3 beds2 baths— sq ft

1061 Mosby Rd, Memphis, TN 38116

OPEN SUN, 2PM TO 4PMHOT HOME

$160,000

3 beds2 baths— sq ft

5006 Boeingshire Cv, Memphis, TN 38116

$145,000

3 beds1.5 baths— sq ft

4012 Spiegel Dr, Memphis, TN 38116

$169,900

3 beds1 bath— sq ft

1510 Bonnie Dr, Memphis, TN 38116

$84,000

2 beds1.5 baths— sq ft

1807 Grovehaven Cir #1807, Memphis, TN 38116

$165,000

3 beds2 baths— sq ft

1311 Randall Dr, Memphis, TN 38116

$144,000

3 beds2 baths— sq ft

4056 Hermitage Dr, Memphis, TN 38116

$158,000

3 beds2 baths— sq ft

4859 Rocky Knob Ave, Memphis, TN 38116

$124,900

3 beds2 baths— sq ft

1995 Francisco Blvd, Memphis, TN 38116

Home values near 3248 Graves Rd

Data from public records.

Address	Redfin Estimate
3240 Graves Rd, Memphis, TN 3 Beds \| 2 Baths \| 1650 Sq. Ft.	$140,503
3286 Graves Rd, Memphis, TN 3 Beds \| 2 Baths \| 1604 Sq. Ft.	$151,053

Address	Redfin Estimate
3270 Graves Rd, Memphis, TN 4 Beds \| 3 Baths \| 2200 Sq. Ft.	$197,067
3251 Graves Rd, Memphis, TN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$92,228

Address	Redfin Estimate
3259 Graves Rd, Memphis, TN 3 Beds \| 1.5 Baths \| 1243 Sq. Ft.	$135,838
3278 Graves Rd, Memphis, TN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$212,892

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

38125 homes for sale
38127 homes for sale
38109 homes for sale
38128 homes for sale
38117 homes for sale

Houses for rent in Memphis	Agents near me	Brentwood, TN homes for sale	Memphis Housing Market
Houses for sale near me	Nashville, TN homes for sale	Memphis, TN homes for sale
Land for sale near me	Franklin, TN homes for sale	Murfreesboro, TN homes for sale
Open Houses near me	Knoxville, TN homes for sale	Memphis Property Records
Condos for sale near me	Chattanooga, TN homes for sale	TN New Listings

Mc Kellar-Whitehaven-Levi Pd homes for sale
Whitehaven homes for sale
Nonconnah homes for sale

Bartlett homes for sale
Germantown homes for sale
Collierville homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 38116, TN

Sale history for 3248 Graves Rd

Tax history for 3248 Graves Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38116

Home values near 3248 Graves Rd

More real estate resources