NOT LISTED FOR SALE

312 W Peg Ln Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $302,836 - $377,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $270,500 $135 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,941/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Separate Formal Living Room
  • Richland Elementary School Rated A-
  • Attic
  • Screened Porch

About This Home

As of October 2020

A unique opportunity, ONE owner home meticulously cared for in the heart of Memphis. Just over 1800sqft and SO much charm! Original hardwoods, large screened in porch, back den with newer gas logs, a formal living and dining room plus three spacious bedrooms and two full baths. Freshly painted throughout, gas cooking, New Roof, newer gas water heater, newer sod in front, fully fenced yard, windows professionally cleaned. This home is ready for your family to enjoy for years to come! See docs.

Last Agent to Sell the Property

Kendall Hodges

Weichert, REALTORS-BenchMark License #334054 Listed on: 07/24/2020

Weichert, REALTORS-BenchMark

Last Buyer's Agent

David Tester

Marx-Bensdorf, REALTORS License #272903

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x130
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,745 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater

Community Details

  • Mendenhall Acres 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064011 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,298

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 756A
  • MAAR Subdivision Name: MENDENHALL ACRES 1ST ADD
  • List Price Per Sq Ft: 160
  • Number Of Stories: 1
  • Price Per Sq Ft: 155.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1745
  • 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, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Equipment: Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Primary Bathroom Description: Separate Shower
  • Master Bedroom: Level 1, Hardwood Floor
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Attic
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Screen Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Electric
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 68
  • Acreage: 0.23
  • Lot Size: 80X130
  • Price Per Acre: 1215217

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 064011 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 15, 2020
Sold by
Patterson Ralph G and Patterson Ralph G
Bought by
Michael Aaron James and Michael Meagan Elizabeth
Seller's Agent
Kendall Hodges
Weichert, REALTORS-BenchMark
Buyer's Agent
David Tester
Marx-Bensdorf, REALTORS
List Price
$299,000
Sold Price
$270,500
Premium/Discount to List
-$28,500
-9.53%
Current Estimated Value
$329,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,459
Avg. Annual Appreciation
4.05%
Original Mortgage
$256,675
Outstanding Balance
$228,299
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,660

Purchase Details

Closed on
May 7, 2001
Sold by
Patterson Ralph G and Patterson Earline S
Bought by
Patterson Ralph G and Patterson Earline S
Source: Public Records

Range of Values:

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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
Michael Aaron James $270,500 Southern Trust Title Co
Patterson Ralph G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Aaron James $256,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $270,500 -3.2% $150 / Sq Ft
08/20/2020 08/20/20 Price Changed $279,500 -1.9% $155 / Sq Ft
08/06/2020 08/06/20 Price Changed $285,000 -4.7% $158 / Sq Ft
07/24/2020 07/24/20 For Sale $299,000 -- $166 / 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 $2,298 $69,475 $11,175 $58,300
2024 $2,298 $67,800 $11,175 $56,625
2023 $4,130 $67,800 $11,175 $56,625
2022 $4,130 $67,800 $11,175 $56,625
2021 $4,179 $67,800 $11,175 $56,625
2020 $3,438 $47,450 $9,475 $37,975
2019 $1,516 $47,450 $9,475 $37,975
2018 $1,517 $47,450 $9,475 $37,975
2017 $1,552 $47,450 $9,475 $37,975
2016 $1,829 $41,850 $0 $0
2014 $1,829 $41,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendall Hodges

    Seller's Agent in 2020

    Kendall Hodges

    Weichert, REALTORS-BenchMark

    (901) 490-2152

    4 in this area

    72 Total Sales

    Kendall Hodges
    Section Image
  • David Tester

    Buyer's Agent in 2020

    David Tester

    Marx-Bensdorf, REALTORS

    (901) 351-3439

    37 in this area

    142 Total Sales

    David Tester
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10081384

Memphis Area Association of REALTORS®

APN: 06-4011-0-0023

Tennessee Shelby County Memphis 38117 Audubon Park

312 W Peg Ln, Memphis, TN

This home is located at 312 W Peg Ln, Memphis, TN 38117 since 24 July 2020 and is currently estimated at $329,959, approximately $165 per square foot. This property was built in 1955. 312 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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