NOT LISTED FOR SALE

5138 Peg Ln Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $380,000 - $441,000

4 Beds
3.5 Baths
2,600-2,799 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 24, 2018

Last sale price $283,000 $101 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,380/month

22 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Traditional Architecture
  • Richland Elementary School Rated 9+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of January 2018

Beautiful home located in Richland School District. The open floor plan offers 4 bedrooms and 3 1/2 baths. Great for entertaining. Big master suite and addtional family room. Huge closet space for extra storage throughout the home. Upstairs offers a big bonus room which can easily be another bedroom and separate bathroom. Private backyard with hot tub and automatic covered awning on patio. This home provides the extra sq ft needed for a growing family who wants to stay centrally located.

Last Agent to Sell the Property

Michael Jacques

Reid, REALTORS License #320076 Listed on: 11/07/2017

Last Buyer's Agent

Felix Bishop

Crye-Leike, Inc., REALTORS License #256236

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,674 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Play Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Cooktop

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Window or Skylight in Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

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

Community Details

  • Normandy Meadows 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064029 00033

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NORMANDY MEADOWS 1ST ADD
  • List Price Per Sq Ft: 107
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2674
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1/2 Bath, Play Room/Rec Room, Laundry Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Sky Light(s) in Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Private Full Bath, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Half Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cedar Lined Closet(s), Attic Access, Sky Light(s)
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Primary Bathroom Description: Double Sinks, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Hot Tub, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 118
  • Acreage: 0.2
  • Lot Size: .20

Tax Info

  • Assessor Parcel Number: 064029 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 24, 2018
Sold by
Pfeiffer William D and Pfeiffer Christina E
Bought by
Naranjo Andrew J and Garland Amanda M
Seller's Agent
Michael Jacques
Reid, REALTORS
Buyer's Agent
Felix Bishop
Crye-Leike, Inc., REALTORS
List Price
$290,000
Sold Price
$283,000
Premium/Discount to List
-$7,000
-2.41%
Current Estimated Value
$403,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,652
Avg. Annual Appreciation
4.53%
Original Mortgage
$268,850
Outstanding Balance
$226,290
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$177,362

Purchase Details

Closed on
Aug 20, 2009
Sold by
Houlden Suzanne Underwood
Bought by
Pfeiffer William D and Pfeiffer Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 1997
Sold by
Congdon Julia Ann Dye and Congdon Robert
Bought by
Underwood Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,530
Interest Rate
7.56%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Naranjo Andrew J $203,000 Coventry Escrow & Title Co L
Pfeiffer William D $207,000 None Available
Underwood Suzanne $95,000 --
Underwood Suzanne $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naranjo Andrew J $268,850
Previous Owner Pfeiffer William D $175,900
Previous Owner Underwood Suzanne $94,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2018 01/24/18 Sold $283,000 -2.4% $109 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $290,000 -- $112 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,854 $104,375 $18,325 $86,050
2024 $2,854 $84,175 $19,325 $64,850
2023 $5,128 $84,175 $19,325 $64,850
2022 $5,128 $84,175 $19,325 $64,850
2021 $5,188 $84,175 $19,325 $64,850
2020 $4,985 $68,800 $19,325 $49,475
2019 $4,985 $68,800 $19,325 $49,475
2018 $4,985 $68,800 $19,325 $49,475
2017 $2,665 $64,850 $19,325 $45,525
2016 $2,497 $57,150 $0 $0
2014 $2,497 $57,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Jacques

    Seller's Agent in 2018

    Michael Jacques

    Reid, REALTORS

    (901) 246-8916

    12 in this area

    158 Total Sales

    Michael Jacques
    Section Image
  • Felix Bishop

    Buyer's Agent in 2018

    Felix Bishop

    Crye-Leike, Inc., REALTORS

    (901) 486-6082

    14 in this area

    79 Total Sales

    Felix Bishop
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10015117

Memphis Area Association of REALTORS®

APN: 06-4029-0-0033

Tennessee Shelby County Memphis 38117 East Memphis

5138 Peg Ln, Memphis, TN

Not Listed for Sale

Detached

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