OFF MARKET

Off market dec 2017 for $139K

$222,288

Est. refi paymentEst. refi $946/mo

•

1,374

sq ft

397 Malboro Rd, Memphis, TN 38120

About this home

Rare opportunity on quiet tree lined street, just 5 houses down from WHITE STATION MIDDLE SCHOOL, around the corner from RICHLAND ELEMENTARY. Precious cottage - 3bd/2ba renovated by previous owner. Newly painted exterior and brand new AC. Hardwood floors, large living room and additional den areas. Full laundry room with folding shelf closet. Fenced in backyard with storage shed. Location ideal for quick access to anywhere in Memphis metro.

Single-familyProperty Type

1954Year Built

7,405 sq ftLot Size

$162Est. Price/Sq.Ft.

Listed by • Hobson Realtors

Contact: 9016284114

Redfin checked: a minute ago

•Source:REALTRACS #3162592

Redfin Estimate

$222,288

$83K since sold in December 2017$4,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.8% lower than the average sale price ($277K) of 5 comparable homes.

SOLD SEP 22, 2026
$325,000
A
3 beds2 baths— sq ft
5007 Princeton Rd, Memphis, TN 38117
SOLD MAY 4, 2026
$285,000
B
3 beds2 baths— sq ft
416 Rosser Rd, Memphis, TN 38120
SOLD JUN 11, 2026
$325,000
C
3 beds2 baths— sq ft
293 Betty Jo Ln, Memphis, TN 38117
SOLD JUN 15, 2026
$330,000
D
3 beds2 baths— sq ft
5229 Sequoia Rd, Memphis, TN 38120
SOLD OCT 18, 2026
$120,100
E
4 beds1.5 baths— sq ft
409 Mineral Rd, Memphis, TN 38120

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,846/mo

Redfin rental estimate

List your home for rent

Market trends in 38120, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

95.8%

0.8% MoM

Median sale price

$416K

$24K MoM

Avg. days on market

37d

6 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 23 HRS AGO
$320,000
3 beds3 baths— sq ft
5242 Boswell Ave, Memphis, TN 38120
$429,900
4 beds3.5 baths— sq ft
5330 Walnut Grove Rd, Memphis, TN 38120
$465,000
4 beds3 baths— sq ft
5528 Southwood Dr, Memphis, TN 38120
$190,000
3 beds2.5 baths— sq ft
863 S Yates Rd #4, Memphis, TN 38120
$115,000
2 beds2 baths— sq ft
6680 Whispering Oak Pl #7, Memphis, TN 38120
$325,000
4 beds2.5 baths— sq ft
5685 Mason Rd, Memphis, TN 38120
$294,000
4 beds2 baths— sq ft
424 Malboro Rd, Memphis, TN 38120
$94,900
1 bed1 bath— sq ft
6750 Meadow Oak Pl, Memphis, TN 38120
$589,900
5 beds3.5 baths— sq ft
6626 Massey Ln, Memphis, TN 38120
See all

Provided by Redfin

Sale history for 397 Malboro Rd

Date

Event

Price

REALTRACS #3162592

Dec 11, 2017

Sold

$139,000

$101/sq ft

Dec 11, 2017

Listed

$149,500

$109/sq ft

Memphis Area Association of Realtors(R) MLS #10014619

Dec 11, 2017

Sold

$139,000

$101/sq ft

Oct 31, 2017

Listed

$149,500

$109/sq ft

+14

Public Records

Oct 16, 2007

Sold

$150,500

$110/sq ft

Public Records

Mar 7, 2006

Sold

$75,000

$55/sq ft

Public Records

Oct 1, 1975

Sold

$23,000

$17/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,392 (−2.9%)

$10,000 + $35,375

$45,375

2024

$2,463 (+8.1%)

$10,000 + $35,375

$45,375

2023

$2,278

$5,900 + $31,500

$37,400

2022

$2,278 (−1.2%)

$5,900 + $31,500

$37,400

2021

$2,305 (+17.3%)

$5,900 + $31,500

$37,400

2020

$1,965

$5,900 + $31,500

$37,400

2019

$1,965

$4,800 + $22,325

$27,125

2018

$1,965 (+76.3%)

$4,800 + $22,325

$27,125

2017

$1,115 (+6.2%)

$4,800 + $22,325

$27,125

2016

$1,050

$4,800 + $22,325

$27,125

2014

$1,050

$5,550 + $18,500

$24,050

Tax history for 397 Malboro Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,392 (−2.9%)

$10,000 + $35,375

$45,375

2024

$2,463 (+8.1%)

$10,000 + $35,375

$45,375

2023

$2,278

$5,900 + $31,500

$37,400

2022

$2,278 (−1.2%)

$5,900 + $31,500

$37,400

2021

$2,305 (+17.3%)

$5,900 + $31,500

$37,400

2020

$1,965

$5,900 + $31,500

$37,400

2019

$1,965

$4,800 + $22,325

$27,125

2018

$1,965 (+76.3%)

$4,800 + $22,325

$27,125

2017

$1,115 (+6.2%)

$4,800 + $22,325

$27,125

2016

$1,050

$4,800 + $22,325

$27,125

2014

$1,050

$5,550 + $18,500

$24,050

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

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

60 ft.

Lot depth

125 ft.

Lot size

7,500 Sq. Ft.

Year renovated

—

Sq. Ft.

1,374

Year built

1954

Style

Single Family Residential

County

Shelby County

APN

068064 00015

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

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

Parking

Parking Information
Parking Total: 0
Parking Features: Parking Pad

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 2

Room 1 Information
Room Type: Bedroom 1
Room Features: Full Bath
Room Dimensions: 9x11

Room 2 Information
Room Type: Bedroom 2
Room Dimensions: 9x11

Room 3 Information
Room Type: Bedroom 3
Room Dimensions: 9x11

Room 4 Information
Room Type: Den
Room Dimensions: 18x13

Room 5 Information
Room Type: Kitchen
Room Dimensions: 11x8

Room 6 Information
Room Type: Living Room
Room Dimensions: 19x11

Laundry Room Information
Laundry Features: Washer Hookup

Basement Information
Basement Features: Other

Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air

Interior Features
Interior Features: Pantry
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer, Cooktop
Flooring: Wood

Exterior

Building Information
Roof: Shingle

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Storage
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor

Lot Information
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Dimensions: 7500 sq ft

Financial

Tax Information
Tax Annual Amount: $1,869

Utilities

Utility Information
Water Source: Other
Sewer: Other

Location

Location Information
Directions: From White Station go east on Mason, directly in front of WHITE STATION MIDDLE School. Take a left on Malboro, 5 houses down on west. From RICHLAND ELEMENTARY go north on Oak Grove, then west on Mason. Take a right on Malboro, 5 houses down on west.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,374
Stories: 1.0
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Shelby County
APN: 068064 00015

Home facts updated by county records on Oct 22, 2026

Other

Green Information
Green Energy Efficient: Doors

Home Information
Living Area: 1374
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1374
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Security Features: Smoke Detector(s)

Around this home

Schools

K - 12
Preschool & daycare

Richland Elementary School

Public PreK-5 • Assigned • 0.4mi

9/10

White Station Middle School

Public 6-8 • Assigned • 0.2mi

8/10

White Station High School

Public 9-12 • Assigned • 2.2mi

8/10

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 110° expected this year, 21 days in 30 years

4/10 Wind Factor

16% 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 • 38120

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 10.5 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

$212,000 – $256,000

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

Nearby similar homes

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Listing provided by REALTRACS

OPEN TODAY, 2PM TO 4PM

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New listings for sale in 38120

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4 beds3.5 baths— sq ft

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4 beds2.5 baths— sq ft

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Granite countertops • Accent brick wall • Decorative fireplace

$294,000

4 beds2 baths— sq ft

424 Malboro Rd, Memphis, TN 38120

Open-plan kitchen • Double oven • Warm fireplace

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1 bed1 bath— sq ft

6750 Meadow Oak Pl, Memphis, TN 38120

Corner unit • Extra privacy • Natural light

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5 beds3.5 baths— sq ft

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Grand entry • Breakfast bar • Inviting living area

Home values near 397 Malboro Rd

Data from public records.

Address	Redfin Estimate
376 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$172,775
379 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 955 Sq. Ft.	$227,599
391 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 955 Sq. Ft.	$173,212
370 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1075 Sq. Ft.	$174,134
406 Malboro Rd, Memphis, TN 3 Beds \| 1.5 Baths \| 1331 Sq. Ft.	$189,188
421 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1229 Sq. Ft.	$178,458
392 McDermitt Rd, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$185,857

Address	Redfin Estimate
418 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1025 Sq. Ft.	$125,026
415 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$183,877
412 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1025 Sq. Ft.	$234,691
424 Malboro Rd, Memphis, TN 4 Beds \| 2 Baths \| - Sq. Ft.	$289,867
373 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$188,494
385 Malboro Rd, Memphis, TN 4 Beds \| 2 Baths \| 1755 Sq. Ft.	$233,176
380 McDermitt Rd, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$175,067

Address	Redfin Estimate
427 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1025 Sq. Ft.	$222,010
409 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1025 Sq. Ft.	$209,382
386 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$187,071
398 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 999 Sq. Ft.	$171,570
403 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 975 Sq. Ft.	$168,952
422 McDermitt Rd, Memphis, TN 3 Beds \| 1 Baths \| 1600 Sq. Ft.	$197,189
416 McDermitt Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$178,840

Property information provided by REALTRACS when last listed in 2017. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38120, TN

Sale history for 397 Malboro Rd

Tax history for 397 Malboro Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38120

Home values near 397 Malboro Rd

More real estate resources