NOT LISTED FOR SALE

307 W Peg Ln Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $309,560 - $358,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $240,000 $133 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,932/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Home Office
  • Richland Elementary School Rated A-
  • Attic
  • Some Wood Windows

About This Home

As of July 2018

You'll love the way natural light fills this charming 3BR/2BA home! With the recently added den, office/studio/4th bedroom, & laundry area, this home has the space you're looking for in one of the most desirable neighborhoods in East Memphis! The patio is perfect for outdoor entertaining looking over the backyard w/ wood privacy fence. There is covered parking & a storage garage perfect for bikes & strollers. A 30-yr architectural shingle roof was installed last year. Zoned for Richland/WSM/WSH!

Last Agent to Sell the Property

Andrew Turnage

Baxter Read Realty License #257823 Listed on: 05/03/2018

Last Buyer's Agent

Morgan Ray

Ware Jones, REALTORS License #339815

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,753 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Combination Dining and Living Room
  • Home Office
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Storm Doors
  • Termite Clearance

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Voluntary home owners association
  • Mendenhall Acres First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064010 00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,278

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Chickasaw
  • MLS Map #: 756B
  • MAAR Subdivision Name: MENDENHALL ACRES 1ST ADD
  • List Price Per Sq Ft: 143
  • Number Of Stories: 1
  • Price Per Sq Ft: 136.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1753
  • Termite Contract: Yes
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Closet, Attic, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 6
  • Acreage: 0.2
  • Lot Size: .
  • Price Per Acre: 1249500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 064010 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 16, 2018
Sold by
Devine Christopher M and Devine Jennifer E
Bought by
James Molly and James Robert
Seller's Agent
Andrew Turnage
Baxter Read Realty
Buyer's Agent
Morgan Ray
Ware Jones, REALTORS
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Current Estimated Value
$328,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,640
Avg. Annual Appreciation
4.43%
Original Mortgage
$223,200
Outstanding Balance
$193,436
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$135,204

Purchase Details

Listed on
Apr 25, 2014
Closed on
Aug 21, 2014
Sold by
Batt William R
Bought by
Devine Christopher M and Devine Jennifer E
Seller's Agent
Pamela Watson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Andrew Turnage
Baxter Read Realty
List Price
$169,000
Sold Price
$149,300
Premium/Discount to List
-$19,700
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$119,440
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2007
Sold by
Burr Frederick Jerome and Burr Amanda Ruth
Bought by
Batt William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Day James Daniel and Day Mary Lawson Stephens
Bought by
Burr Fredrick Jerome and Burr Amanda Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2000
Sold by
Boals James W and Boals R
Bought by
Day James D and Day Mary Lawson Stephens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,050
Interest Rate
8.5%

Purchase Details

Closed on
May 25, 1995
Bought by
Boals James W and Boals Jennifer
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James Molly $240,000 None Available
Devine Christopher M $149,300 Premium Title Group Llc
Batt William R $179,000 None Available
Burr Fredrick Jerome $145,000 Memphis Title Company
Day James D $130,100 --
Boals James W $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Molly $223,200
Previous Owner Devine Christopher M $119,440
Previous Owner Batt William R $143,200
Previous Owner Burr Fredrick Jerome $147,000
Previous Owner Day James D $117,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2018 07/16/18 Sold $240,000 -11.1% $150 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $269,900 +80.8% $169 / Sq Ft
08/21/2014 08/21/14 Sold $149,300 -11.7% $123 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $169,000 -- $139 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

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
2025 $2,278 $81,400 $9,625 $71,775
2024 $2,278 $67,200 $9,625 $57,575
2023 $4,094 $67,200 $9,625 $57,575
2022 $4,094 $67,200 $9,625 $57,575
2021 $4,142 $67,200 $9,625 $57,575
2020 $3,887 $53,650 $8,175 $45,475
2019 $1,715 $53,650 $8,175 $45,475
2018 $1,295 $40,525 $8,175 $32,350
2017 $1,326 $40,525 $8,175 $32,350
2016 $1,721 $39,375 $0 $0
2014 $1,430 $32,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Turnage

    Seller's Agent in 2018

    Andrew Turnage

    Baxter Read Realty

    (901) 413-0384

    35 in this area

    91 Total Sales

    Andrew Turnage
    Section Image
  • Morgan Ray

    Buyer's Agent in 2018

    Morgan Ray

    Ware Jones, REALTORS

    (662) 435-3961

    26 in this area

    68 Total Sales

    Morgan Ray
    Section Image
  • Pamela Watson

    Seller's Agent in 2014

    Pamela Watson

    Crye-Leike

    (901) 870-8884

    6 in this area

    73 Total Sales

    Pamela Watson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10026240

Memphis Area Association of REALTORS®

APN: 06-4010-0-0035

Tennessee Shelby County Memphis 38117 Audubon Park

307 W Peg Ln, Memphis, TN

This home is located at 307 W Peg Ln, Memphis, TN 38117 since 03 May 2018 and is currently estimated at $328,640, approximately $182 per square foot. This property was built in 1955. 307 W Peg Ln is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

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