$230,000

222 Shannon Ln Atoka, TN 38004

Estimated payment $1,339/month

Total Views 8,872
3 Beds
2 Baths
1,200-1,399 Sq Ft
$164 Price per Sq Ft

Highlights

  • Two Primary Bathrooms
  • Deck
  • Wood Flooring
  • Atoka Elementary School Rated A-
  • Traditional Architecture
  • Separate Formal Living Room

About This Home

Price Improvement — Motivated Seller! Cash or Conventional Buyer Preferred | 222 Shannon Ln, Atoka, TN Now offered at a reduced price — not due to any fault of the seller or the property, but to create an incredible opportunity for a savvy buyer! Nestled on 1.45 acres in the peaceful, no-HOA community of Faulkner Heights, this 3-bedroom, 2-bath home offers strong bones, a newer roof (2021), and charming architectural features like vaulted ceilings with exposed beams. It’s clean and functional, but it needs some TLC — think deep cleaning, fresh paint, and cosmetic updates that will quickly add value. The kitchen features stone-style countertops, white cabinetry, and ample potential for your personal touches. Step outside to a wide-open, blank-slate backyard — ideal for pets, gardening, or creating your own outdoor oasis. Perfect for a cash buyer looking for an investment, flip, or affordable long-term residence.

Listing Agent

Betty McGaughey

eXp Realty, LLC License #371216 Listed on: 07/11/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,021

Year Built

  • Built in 1991

Lot Details

  • 1.45 Acre Lot
  • Wood Fence

Home Design

  • Traditional Architecture
  • Property Attached
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,320 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Dining Room
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Faulkner Hgts Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 097P 097P B03000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,021

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 622C
  • MAAR Subdivision Name: FAULKNER HGTS SEC E
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1320
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio, Deck
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 35
  • Acreage: 1.45
  • Lot Size: 1.45
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 097P 097P B03000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,021 $45,275 $9,475 $35,800
2023 $1,021 $45,275 $9,475 $35,800
2022 $978 $31,850 $6,975 $24,875
2021 $962 $31,850 $6,975 $24,875
2020 $961 $31,850 $6,975 $24,875
2019 $917 $25,525 $5,475 $20,050
2018 $917 $25,525 $5,475 $20,050
2017 $822 $25,525 $5,475 $20,050
2016 $822 $25,525 $5,475 $20,050
2015 $821 $25,525 $5,475 $20,050
2014 $759 $25,540 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $230,000 -- $192 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $181,000 None Available
Trustee Deed $69,000 None Available
Warranty Deed $78,500 --
Warranty Deed $79,000 --
Warranty Deed $67,900 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,510 FHA
Open $177,721 FHA
Previous Owner $77,454 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10201182

Memphis Area Association of REALTORS®

APN: 097P-B-030.00