NOT LISTED FOR SALE

5166 Peg Ln Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $265,000 - $292,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $230,750 $165 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,657/month

Highlights

  • Deck
  • Wood Flooring
  • Some Wood Windows
  • Richland Elementary School Rated A-
  • Separate Formal Living Room
  • Porch

About This Home

As of May 2021

This home is located at 5166 Peg Ln, Memphis, TN 38117 since 11 May 2021 and is currently priced at $278,655. This property was built in 1956. 5166 Peg Ln is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

Last Agent to Rent the Property

Jacob Watkins

Sowell, Realtors License #334939 Listed on: 05/11/2021

Last Renter's Agent

Linda Sowell

Sowell, Realtors License #50660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x130
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,288 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Separate Formal Living Room
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Carport

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Normandy Meadows 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064029 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,071

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 756A
  • MAAR Subdivision Name: Normandy Meadows 1st Add
  • Freestanding: Yes
  • List Price Per Sq Ft: 2
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.51
  • Estimated Sq Ft: 1288
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Master Bedroom Dimensions: 12x14
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Sec Doors, Porch, Deck
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 114
  • Acreage: 0.2
  • Lot Size: 70x130
  • Price Per Acre: 9750

Multi Family

  • Number Of Rooms: 6
  • Total Number Of Units: 1

Tax Info

  • Assessor Parcel Number: 064029 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Apr 26, 2021
Sold by
Carson Ashley D Faulkner
Bought by
Stonehollow Holdings Ii Llc
Seller's Agent
Jacob Watkins
Sowell, Realtors
Buyer's Agent
Linda Sowell
Sowell, Realtors
Sold Price
$1,950
Current Estimated Value
$278,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,705
Avg. Annual Appreciation
4.32%
Original Mortgage
$173,062
Outstanding Balance
$104,381
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$174,274

Purchase Details

Closed on
Jul 1, 2013
Sold by
Marino Thomas Joseph and Marino Dana Zanone
Bought by
Faulkner Ashley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Lucchesi Melissa Anne
Bought by
Marino Dana Zanone and Marino Thomas Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2004
Sold by
Beaumont Lori Ann
Bought by
Lucchesi Melissa Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1998
Sold by
Suresh Nayak and Suresh Richa
Bought by
Beaumont Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,299
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1996
Sold by
Emerson Williams M and Emerson Jean C
Bought by
Nayak Suresh and Nayak Richa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,957
Interest Rate
8.32%
Mortgage Type
FHA
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
Stonehollow Holdings Ii Llc $230,750 Executive Ttl & Closing Inc
Faulkner Ashley D $153,000 None Available
Marino Dana Zanone $150,000 None Available
Lucchesi Melissa Anne $124,000 --
Beaumont Lori Ann $95,900 Stewart Title Company
Nayak Suresh $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonehollow Holdings Ii Llc $173,062
Previous Owner Faulkner Ashley D $145,350
Previous Owner Marino Dana Zanone $147,283
Previous Owner Lucchesi Melissa Anne $99,200
Previous Owner Beaumont Lori Ann $96,299
Previous Owner Nayak Suresh $82,957
Closed Lucchesi Melissa Anne $12,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2021 05/20/21 Rented $1,950 0.0% --
05/20/2021 05/20/21 Under Contract -- -- --
05/11/2021 05/11/21 For Rent $1,950 0.0% --
04/26/2021 04/26/21 Sold $230,750 +7.8% $192 / Sq Ft View Prior Sale
03/26/2021 03/26/21 For Sale $214,000 -- $178 / 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 $2,071 $71,225 $18,325 $52,900
2024 -- $61,100 $19,325 $41,775
2023 $3,722 $61,100 $19,325 $41,775
2022 $3,722 $61,100 $19,325 $41,775
2021 $1,658 $61,100 $19,325 $41,775
2020 $3,297 $45,500 $19,325 $26,175
2019 $1,454 $45,500 $19,325 $26,175
2018 $1,454 $45,500 $19,325 $26,175
2017 $1,489 $45,500 $19,325 $26,175
2016 $1,711 $39,150 $0 $0
2014 $1,711 $39,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacob Watkins

    Landlord's Agent in 2021

    Jacob Watkins

    Sowell, Realtors

    (901) 262-0520

    11 in this area

    52 Total Sales

    Jacob Watkins
    Section Image

  • M

    Seller's Agent in 2021

    Mig Williams

    eXp Realty, LLC

    (901) 239-3149

    4 in this area

    44 Total Sales

    Mig Williams
    Section Image
  • Linda Sowell

    Tenant's Agent in 2021

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    45 in this area

    208 Total Sales

    Linda Sowell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099033

Memphis Area Association of REALTORS®

APN: 06-4029-0-0029

Tennessee Shelby County Memphis 38117 Audubon Park

5166 Peg Ln, Memphis, TN

This home is located at 5166 Peg Ln, Memphis, TN 38117 since 11 May 2021 and is currently priced at $278,655. This property was built in 1956. 5166 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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