Off Market Feb 2026 for $100K

$207,772

Est. refi paymentEst. refi $930/mo

•

2 ba

•

2,816

sq ft

956 Palmer Rd, Memphis, TN 38116

About this home

956 Palmer Rd is a 2,816 square foot house on a 0.57 acre lot with 4 bedrooms and 2 bathrooms. - it last sold on February 23, 2026 for $100,000. Based on Redfin's Memphis data, we estimate the home's value is $207,772.

Single-familyProperty Type

1955Year Built

0.57 acresLot Size

$74Est. Price/Sq.Ft.

2 spacesParking

Listed by Christopher Mosby • Franchise Realty, LLC

Bought with Christopher Mosby • Franchise Realty, LLC

Source:Memphis Area Association of Realtors(R) MLS #3234396

Redfin Estimate

$207,772

$108K since sold in February 2026$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 51.3% higher than the average sale price ($137K) of 6 comparable homes.

SOLD JUL 28, 2026
$90,000
A
3 beds2 baths— sq ft
1079 Alden Rd, Memphis, TN 38116
SOLD APR 17, 2026
$170,000
B
3 beds2 baths— sq ft
1030 Richland Dr, Memphis, TN 38116
SOLD MAY 15, 2026
$150,000
C
3 beds2 baths— sq ft
4377 Faronia Rd, Memphis, TN 38116
SOLD JAN 7, 2026
$126,000
D
3 beds2 baths2,314 sq ft
1288 Davidson Dr, Memphis, TN 38116
SOLD JUL 9, 2026
$123,000
E
3 beds1.5 baths— sq ft
880 Craigwood Dr, Memphis, TN 38116
SOLD DEC 23, 2025
$164,900
F
3 beds2 baths1,200 sq ft
1041 Richland Dr, Memphis, TN 38116

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Earn from this home

Refinance

Est. cash available

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Rent

$1,643/mo

Redfin rental estimate

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Market trends in 38116, TN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

1.0% MoM

Median sale price

$142K

$861 MoM

Avg. days on market

24d

4 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 4 HRS AGO
$224,000
4 beds2 baths— sq ft
1623 Hutson Rd, Memphis, TN 38116
NEW 5 HRS AGO
$259,900
3 beds2 baths— sq ft
3438 Fontaine Dr, Memphis, TN 38116
NEW 8 HRS AGO
$94,900
3 beds1 bath— sq ft
5597 Loch Lomond Dr, Memphis, TN 38116
$180,000
3 beds2 baths— sq ft
5303 Villa Del Rey Dr, Memphis, TN 38116
$167,000
3 beds1.5 baths— sq ft
988 Michael Cv, Memphis, TN 38116
$94,900
3 beds2 baths— sq ft
5025 Lochinvar Rd, Memphis, TN 38116
$1,186,000
28 beds— baths— sq ft
1283 E Raines Ave, Memphis, TN 38116
$124,900
3 beds1.5 baths1,279 sq ft
727 Crescent Rd, Memphis, TN 38116
$89,000
3 beds1 bath— sq ft
1311 Marlin Rd, Memphis, TN 38116
$119,900
3 beds1 bath— sq ft
3920 Michael Rd, Memphis, TN 38116
See all

Provided by Redfin

Sale history for 956 Palmer Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,459 (−11.5%)

$7,800 + $38,850

$46,650

2024

$2,779 (+8.1%)

$7,800 + $38,850

$46,650

2023

$2,571

$6,225 + $35,975

$42,200

2022

$2,571 (−1.2%)

$6,225 + $35,975

$42,200

2021

$2,601 (+18.5%)

$6,225 + $35,975

$42,200

2020

$2,196

$6,225 + $35,975

$42,200

2019

$2,196

$6,225 + $24,075

$30,300

2018

$2,196 (+76.3%)

$6,225 + $24,075

$30,300

2017

$1,245 (−3.6%)

$6,225 + $24,075

$30,300

2016

$1,292

$6,225 + $24,075

$30,300

2014

$1,292

$6,225 + $23,350

$29,575

Tax history for 956 Palmer Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,459 (−11.5%)

$7,800 + $38,850

$46,650

2024

$2,779 (+8.1%)

$7,800 + $38,850

$46,650

2023

$2,571

$6,225 + $35,975

$42,200

2022

$2,571 (−1.2%)

$6,225 + $35,975

$42,200

2021

$2,601 (+18.5%)

$6,225 + $35,975

$42,200

2020

$2,196

$6,225 + $35,975

$42,200

2019

$2,196

$6,225 + $24,075

$30,300

2018

$2,196 (+76.3%)

$6,225 + $24,075

$30,300

2017

$1,245 (−3.6%)

$6,225 + $24,075

$30,300

2016

$1,292

$6,225 + $24,075

$30,300

2014

$1,292

$6,225 + $23,350

$29,575

*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

Property details

Interior

Basement Information
Basement Type: Crawl-Space

Bathroom Information
# of Full Baths: 2

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

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

Room Information
# of Rooms: 9

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: GAY HAVEN
Living Sq. Ft: 2,816
Ground Floor Sq. Ft: 2,092
Building Sq. Ft: 2,816
# of Stories: 1
Stories Type: 1

Lot Information
# of Buildings: 1
Land Sq. Ft: 24,878
Legal Lot Number: 3
Municipality Name: MEMPHIS
Acres: 0.5711
Depth Footage: 192
Front Footage: 130
Zoning Code: R-10
County Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,816
Stories: 1.0
Lot Size: 0.57 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Shelby County
APN: 077072 00051

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Whitehaven Elementary School

Public PreK-5 • Assigned • 0.5mi

4/10

Havenview Middle School

Public 6-8 • Assigned • 1.0mi

4/10

Whitehaven High School

Public 9-12 • Assigned • 0.4mi

5/10

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

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

$198,000 – $239,000

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

Nearby similar homes

$73,000

Land— sq ft

5110 Hillbrook Dr, Memphis, TN 38109

$79,900

2 beds1 bath— sq ft

329 Sullivan Dr, Memphis, TN 38109

$159,500

3 beds2 baths— sq ft

875 Enfield Rd, Memphis, TN 38116

$100,000

3 beds1.5 baths— sq ft

409 Stoneham Rd, Memphis, TN 38109

$154,900

3 beds2 baths— sq ft

4995 Stacey Rd, Memphis, TN 38109

$114,000

3 beds1 bath— sq ft

4900 Berta St, Memphis, TN 38109

New listings for sale in 38116

NEW 4 HRS AGO

$224,000

4 beds2 baths— sq ft

1623 Hutson Rd, Memphis, TN 38116

NEW 5 HRS AGO

$259,900

3 beds2 baths— sq ft

3438 Fontaine Dr, Memphis, TN 38116

NEW 8 HRS AGO

$94,900

3 beds1 bath— sq ft

5597 Loch Lomond Dr, Memphis, TN 38116

$180,000

3 beds2 baths— sq ft

5303 Villa Del Rey Dr, Memphis, TN 38116

$167,000

3 beds1.5 baths— sq ft

988 Michael Cv, Memphis, TN 38116

$94,900

3 beds2 baths— sq ft

5025 Lochinvar Rd, Memphis, TN 38116

$1,186,000

28 beds— baths— sq ft

1283 E Raines Ave, Memphis, TN 38116

$124,900

3 beds1.5 baths1,279 sq ft

727 Crescent Rd, Memphis, TN 38116

$89,000

3 beds1 bath— sq ft

1311 Marlin Rd, Memphis, TN 38116

Home values near 956 Palmer Rd

Data from public records.

Address	Redfin Estimate
944 Palmer Road, Memphis, TN 4 Beds \| 2.5 Baths \| 3400 Sq. Ft.	$319,136
913 Palmer Road, Memphis, TN 4 Beds \| 3.5 Baths \| 2800 Sq. Ft.	$292,611

Address	Redfin Estimate
903 Palmer Road, Memphis, TN 3 Beds \| 2 Baths \| 2600 Sq. Ft.	$183,150
981 Palmer Road, Memphis, TN 5 Beds \| 4.5 Baths \| 5500 Sq. Ft.	$459,990

Address	Redfin Estimate
1006 Palmer Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1407 Sq. Ft.	$154,233
995 Palmer Road, Memphis, TN 3 Beds \| 2.5 Baths \| 3000 Sq. Ft.	$223,224

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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 38116, TN

Sale history for 956 Palmer Rd

Tax history for 956 Palmer 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 956 Palmer Rd

More real estate resources