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Single Family ResidenceResidential
$124,074$97 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $131,000 on Jan 7, 2025

3932 FRAYSER RALEIGH RD

MEMPHIS, TN 38128
3
Beds
1
Baths
1,285 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.79 ac
Lot SizeThe size of the land the home sits on, from county records.
1956
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$124K
$110K low$138K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$131,000 · Jan 7, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$818 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$30,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$24,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$24,775
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$121,600

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.15
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
35
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
39
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Traditional/Old
CountySHELBY
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Carport (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 180 ft²Porch · 200 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Raleigh Egypt Middle School
Middle · Grades 6–8 · 0.2 mi
H
Raleigh Egypt High SchoolC-
High · Grades 9–12 · 1.2 mi
E
Scenic Hills Elementary SchoolF
Elementary · Grades PK–5 · 1.6 mi

District: Memphis-Shelby County Schools

Neighborhood · ZIP 38128These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.113
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.303

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.23%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.41,992
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,699 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$47,769
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$65,901
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.54 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3932 Frayser Raleigh Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 72% of homes in Shelby County
  • Costs less per square foot than 65% of homes in Shelby County
  • Smaller than 74% of homes in Shelby County
  • Among the largest lots in Memphis 38128
  • Older than 89% of homes in Memphis 38128

What homes are worth in Memphis 38128

Each bar is how many homes fall in that price range. The marker is this home.

This home
$61K$247K

This home is worth more than 39% of homes in Memphis 38128.

How it measures up in Memphis 38128

The dot is this home. The mark in the middle is the typical home in Memphis 38128.

Estimated value$124,074
CheaperTypical $139,621Pricier

Pricier than 39% of homes nearby

Price per ft²$97
CheaperTypical $90Pricier

Pricier than 62% of homes nearby

Living area1,285 ft²
SmallerTypical 1,440 ft²Bigger

Bigger than 36% of homes nearby

Lot size2.79 ac
SmallerTypical 0.23 acBigger

Bigger than almost all homes nearby

Year built1956
OlderTypical 1971Newer

Newer than 11% of homes nearby

How 3932 Frayser Raleigh Rd ranks against every home in each area.
MeasureThis homeMemphis 38128Shelby County
Estimated valuepricier than$124,07439% of homes28% of homes
Price per ft²pricier than$9762% of homes35% of homes
Living areabigger than1,285 ft²36% of homes26% of homes
Lot sizebigger than2.79 acalmost all homes97% of homes
Year builtnewer than195611% of homes27% of homes

About 3932 Frayser Raleigh Rd

How much is 3932 Frayser Raleigh Rd, Memphis, TN worth?

The TopHap Estimate for 3932 Frayser Raleigh Rd, Memphis, TN is $124,074 as of Sep 24, 2026. The likely range is $109,805 to $138,343. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3932 Frayser Raleigh Rd, Memphis, TN last sell?

3932 Frayser Raleigh Rd, Memphis, TN last sold on Jan 7, 2025 for $131,000, according to the county's recorded deed.

How big is 3932 Frayser Raleigh Rd, Memphis, TN?

3932 Frayser Raleigh Rd, Memphis, TN has 3 bedrooms, 1 bathrooms and 1,285 square feet of living space.

When was 3932 Frayser Raleigh Rd, Memphis, TN built?

3932 Frayser Raleigh Rd, Memphis, TN was built in 1956, making it 70 years old. It is a traditional/old home. The building has 1 story.

What schools serve 3932 Frayser Raleigh Rd, Memphis, TN?

3932 Frayser Raleigh Rd, Memphis, TN is assigned to Raleigh Egypt Middle School (middle); Raleigh Egypt High School (high), rated C-; Scenic Hills Elementary School (elementary), rated F. All sit in Memphis-Shelby County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3932 Frayser Raleigh Rd, Memphis, TN compare to other homes in Memphis 38128?

Among the 12,249 homes in Memphis 38128, it is worth more than 39% of them ($124,074 against a typical $139,621), its price per square foot is higher than 62% of them ($97 against a typical $90), it is bigger than 36% of them (1,285 ft² against a typical 1,440 ft²), its lot is bigger than almost all of them (2.79 ac against a typical 0.23 ac) and it is newer than 11% of them (1956 against a typical 1971). Measured against all of Shelby County, it is worth more than 28% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3932 Frayser Raleigh Rd, Memphis, TN?

The 2025 property tax bill for 3932 Frayser Raleigh Rd, Memphis, TN was $818. The county assessed it at $30,400.

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