NOT LISTED FOR SALE

5126 Peg Ln Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $285,000 - $303,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $275,000 $197 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,803/month

17 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Richland Elementary School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of March 2022

Charming home in sought after East Memphis location! Move-in ready, renovated & well maintained. Refinished hardwood floors, smooth ceilings, updated lights & kitchen. Tired of sharing a bath? TWO FULL Bathrooms! Kitchen features a bonus area that's the perfect breakfast nook or mud room & a large pantry. Living room plus a den with built-in bookcase. Open living room & dining room make entertaining easy. Large fenced backyard & relaxing shaded patio. Must see!!! Agent is related to seller.

Last Agent to Sell the Property

Aven Russell

John Green & Co., REALTORS License #275713 Listed on: 02/20/2022

Last Buyer's Agent

Richard Howle

Keller Williams License #16624

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 74x129
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,305 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Normandy Meadows 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064029 00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,009

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: White Station
  • MLS Map #: 756A
  • MAAR Subdivision Name: NORMANDY MEADOWS 1ST ADD
  • List Price Per Sq Ft: 180
  • Number Of Stories: 1
  • Price Per Sq Ft: 210.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1305
  • 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, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, Deck
  • Exterior Windows: Brick Veneer, Wood 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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Monitored Alarm System, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 120
  • Acreage: 0.19
  • Lot Size: 74X129
  • Price Per Acre: 1236842

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 064029 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Mar 23, 2022
Sold by
Jeffreys Adam N and Russell Maribeth
Bought by
Hughes William Winburne
Seller's Agent
Aven Russell
John Green & Co., REALTORS
Buyer's Agent
Richard Howle
Keller Williams
List Price
$235,000
Sold Price
$275,000
Premium/Discount to List
$40,000
17.02%
Current Estimated Value
$298,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,745
Avg. Annual Appreciation
1.95%
Original Mortgage
$250,000
Outstanding Balance
$235,809
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$57,637

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 14, 2016
Sold by
Hubbard Cynthia
Bought by
Jeffreys Adam N and Russell Maribeth
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Aven Russell
John Green & Co., REALTORS
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$185,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2005
Sold by
H & P Investments Llc
Bought by
Hubbard Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 14, 2004
Sold by
Hartlieb Luann B
Bought by
H & P Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Hirsch Ramona Lou Fields
Bought by
Hartlieb Luann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Hughes William Winburne $275,000 Masserano John V
Jeffreys Adam N $183,000 Realty Title
Hubbard Cynthia J $169,900 --
H & P Investments Llc $126,500 --
Hartlieb Luann B -- Grace Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes William Winburne $250,000
Previous Owner Jeffreys Adam N $185,000
Previous Owner Hubbard Cynthia J $169,900
Previous Owner H & P Investments Llc $101,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $275,000 +17.0% $229 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $235,000 -14.5% $196 / Sq Ft
02/20/2022 02/20/22 Off Market $275,000 -- --
12/14/2016 12/14/16 Sold $183,000 -1.1% $153 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $185,000 -- $154 / 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 $2,009 $70,225 $18,325 $51,900
2024 $2,009 $59,275 $19,325 $39,950
2023 $3,611 $59,275 $19,325 $39,950
2022 $3,611 $59,275 $19,325 $39,950
2021 $2,045 $59,275 $19,325 $39,950
2020 $3,420 $47,200 $19,325 $27,875
2019 $1,509 $47,200 $19,325 $27,875
2018 $1,509 $47,200 $19,325 $27,875
2017 $1,544 $47,200 $19,325 $27,875
2016 $1,584 $36,250 $0 $0
2014 $1,584 $36,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Aven Russell

    John Green & Co., REALTORS

    (901) 603-1128

    1 in this area

    7 Total Sales

    Section Image

  • R

    Buyer's Agent in 2022

    Richard Howle

    Keller Williams

    (901) 683-5000

    19 in this area

    29 Total Sales

    Section Image
  • Melissa Blume Thompson

    Seller's Agent in 2016

    Melissa Blume Thompson

    eXp Realty

    (901) 729-9443

    18 in this area

    305 Total Sales

    Section Image
  • Danielle Marcone

    Seller Co-Listing Agent in 2016

    Danielle Marcone

    Compass RE

    (901) 484-5158

    95 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117978

Memphis Area Association of REALTORS®

APN: 06-4029-0-0035

Tennessee Shelby County Memphis 38117 Audubon Park

5126 Peg Ln, Memphis, TN

This home is located at 5126 Peg Ln, Memphis, TN 38117 since 20 February 2022 and is currently estimated at $293,446, approximately $209 per square foot. This property was built in 1955. 5126 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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