$314,528
$25K since sold in May 2021$3,000 since August
This home's estimate is 3.9% lower than the average sale price ($327K) of 6 comparable homes.
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OFF MARKET
Off Market May 2021 for $290K
$314,528
Est. refi paymentEst. refi $2,125/mo
5587 Melvin Rd, Memphis, TN 38120
About this home
Single-familyProperty Type
1958Year Built
0.3 acresLot Size
$225Est. Price/Sq.Ft.
Listed by Laura Sherman • River City Land Co., LLC
Bought with Brad Vaughan • Keller Williams
Redfin checked: 2 minutes ago
•Source:Memphis Area Association of Realtors(R) MLS #10096112
Redfin Estimate
Earn from this home
Refinance
$0
Est. cash available
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Rent
$1,994/mo
Redfin rental estimate
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Market trends in 38120, TN
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
96.7%
+0.1% MoM
Median sale price
$450K
$56K MoM
Avg. days on market
27d
17 days MoM
Recently sold homes
79
4 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
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.
JuneDecember
Provided by Shadowmap
Estimated sale price
$299,000 – $362,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2021. This data may not match . Learn more.
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