Google street view image for 4237 Neely Rd, Memphis, TN 38109

Off market

$152,674

•

2.5 ba

•

1,644

sq ft

4237 Neely Rd, Memphis, TN 38109

About this home

4237 Neely Rd is a 1,644 square foot house on a 0.32 acre lot with 3 bedrooms and 2.5 bathrooms. Based on Redfin's Memphis data, we estimate the home's value is $152,674.

Single-familyProperty Type

1959Year Built

0.32 acresLot Size

$93Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$152,674

$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28.4% higher than the average sale price ($119K) of 6 comparable homes.

SOLD AUG 25, 2026
$112,000
A
3 beds2 baths— sq ft
4553 Neely Rd, Memphis, TN 38109
SOLD NOV 10, 2025
$205,000
B
3 beds2 baths1,600 sq ft
4425 Hodge Dr, Memphis, TN 38109
SOLD AUG 15, 2026
$82,500
C
3 beds2.5 baths— sq ft
179 Honduras Dr, Memphis, TN 38109
SOLD JUL 24, 2026
$77,500
D
3 beds1.5 baths— sq ft
177 E Raines Rd, Memphis, TN 38109
SOLD DEC 4, 2025
$146,500
E
3 beds2 baths1,451 sq ft
470 Dreger Ave, Memphis, TN 38109
SOLD MAR 11, 2026
$90,000
F
3 beds1.5 baths1,336 sq ft
214 Ivan Rd, Memphis, TN 38109

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Earn from this home

Rent

$1,308/mo

Redfin rental estimate

List your home for rent

Market trends in 38109, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

95.3%

+1.6% MoM

Median sale price

$114K

$14K MoM

Avg. days on market

36d

11 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 26 HRS AGO
$106,000
3 beds1 bath— sq ft
21 W Dunbar Rd, Memphis, TN 38109
$90,000
4 beds1.5 baths— sq ft
822 Eyers Rd, Memphis, TN 38109
$99,900
3 beds1.5 baths— sq ft
3444 Southland St, Memphis, TN 38109
$79,900
3 beds1 bath— sq ft
96 Vaal St, Memphis, TN 38109
$79,900
3 beds1 bath— sq ft
375 George Rd, Memphis, TN 38109
FOR SALE BY OWNER
$100,000
3 beds2 baths1,050 sq ft
1591 Florida St, Memphis, TN 38109
$44,900
4 beds1.5 baths— sq ft
1063 Canary Ln, Memphis, TN 38109
$84,900
2 beds1 bath— sq ft
445 Bonita Dr, Memphis, TN 38109
$75,000
2 beds1 bath— sq ft
486 Sanford Rd, Memphis, TN 38109
$68,500
3 beds1 bath— sq ft
432 W Peebles Rd, Memphis, TN 38109
See all

Provided by Redfin

Sale history for 4237 Neely Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$1,612 (+20.1%)

$4,625 + $25,950

$30,575

2024

$1,342 (+8.1%)

$4,625 + $25,950

$30,575

2023

$1,241

$3,350 + $17,025

$20,375

2022

$1,241 (−1.2%)

$3,350 + $17,025

$20,375

2021

$1,256 (−1.5%)

$3,350 + $17,025

$20,375

2020

$1,275

$3,350 + $17,025

$20,375

2019

$1,275

$3,350 + $14,250

$17,600

2018

$1,275 (+273.8%)

$3,350 + $14,250

$17,600

2017

$341 (−54.1%)

$3,350 + $14,250

$17,600

2016

$743

2014

$743

$3,350 + $13,675

$17,025

Tax history for 4237 Neely Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,612 (+20.1%)

$4,625 + $25,950

$30,575

2024

$1,342 (+8.1%)

$4,625 + $25,950

$30,575

2023

$1,241

$3,350 + $17,025

$20,375

2022

$1,241 (−1.2%)

$3,350 + $17,025

$20,375

2021

$1,256 (−1.5%)

$3,350 + $17,025

$20,375

2020

$1,275

$3,350 + $17,025

$20,375

2019

$1,275

$3,350 + $14,250

$17,600

2018

$1,275 (+273.8%)

$3,350 + $14,250

$17,600

2017

$341 (−54.1%)

$3,350 + $14,250

$17,600

2016

$743

2014

$743

$3,350 + $13,675

$17,025

*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-10

Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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

Oct 7, 2020 • Final

Residential mechanical

Install or replace a water heater.

Plumbing

Water heater

Oct 7, 2020 • Final

Residential mechanical

Perform an air test on a mechanical system. No gas was approved during the walk-through.

HVAC

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
# of 1/2 Baths: 1

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace

Room Information
# of Rooms: 6

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: OTISDALE
Living Sq. Ft: 1,644
Ground Floor Sq. Ft: 1,644
Building Sq. Ft: 1,644
# of Stories: 1
Stories Type: 1
Legal Description: PT 21 & LOT 20

Lot Information
# of Buildings: 1
Land Sq. Ft: 13,775
Legal Lot Number: 19&E
Municipality Name: MEMPHIS
Acres: 0.3162
Depth Footage: 145
Front Footage: 95
Zoning Code: R-10
County Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,644
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: —
County: Shelby County
APN: 076035 00068

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Westhaven Elementary School

Public PreK-5 • Assigned • 0.7mi

6/10

A. Maceo Walker Middle School

Public 6-8 • Assigned • 3.2mi

6/10

Fairley High School

Charter 9-12 • Assigned • 1.5mi

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, 21 days in 30 years

4/10 Wind Factor

19% 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 • 38109

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

$146,000 – $176,000

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

Nearby similar homes

$56,000

2 beds1 bath— sq ft

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$30,000

Land— sq ft

730 Lydgate Rd, Memphis, TN 38116

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3 beds1 bath— sq ft

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4 beds2 baths— sq ft

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3 beds1 bath— sq ft

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$159,500

3 beds2 baths— sq ft

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New listings for sale in 38109

NEW 26 HRS AGO

$106,000

3 beds1 bath— sq ft

21 W Dunbar Rd, Memphis, TN 38109

$90,000

4 beds1.5 baths— sq ft

822 Eyers Rd, Memphis, TN 38109

$99,900

3 beds1.5 baths— sq ft

3444 Southland St, Memphis, TN 38109

$79,900

3 beds1 bath— sq ft

96 Vaal St, Memphis, TN 38109

$79,900

3 beds1 bath— sq ft

375 George Rd, Memphis, TN 38109

FOR SALE BY OWNER

$100,000

3 beds2 baths1,050 sq ft

1591 Florida St, Memphis, TN 38109

$44,900

4 beds1.5 baths— sq ft

1063 Canary Ln, Memphis, TN 38109

$84,900

2 beds1 bath— sq ft

445 Bonita Dr, Memphis, TN 38109

$75,000

2 beds1 bath— sq ft

486 Sanford Rd, Memphis, TN 38109

Home values near 4237 Neely Rd

Data from public records.

Address	Redfin Estimate
4203 Neely Road, Memphis, TN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$141,924
4219 Neely Road, Memphis, TN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$163,366

Address	Redfin Estimate
4238 Neely Road, Memphis, TN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$127,245
4254 Neely Road, Memphis, TN 2 Beds \| 2 Baths \| 1400 Sq. Ft.	$92,720

Address	Redfin Estimate
4204 Neely Road, Memphis, TN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$152,891
4220 Neely Road, Memphis, TN 3 Beds \| 2 Baths \| 1265 Sq. Ft.	$90,876

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38109, TN

Sale history for 4237 Neely Rd

Tax history for 4237 Neely 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 38109

Home values near 4237 Neely Rd

More real estate resources