NOT LISTED FOR SALE

5193 Peg Ln Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $325,000 - $353,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2021

Last sale price $295,000 $164 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,033 / mo

18 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Attic
  • Richland Elementary School Rated 9+
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of October 2021

Charming East Memphis home located in highly sought after Normandy Meadows neighborhood and school districts. 3 BR/2BA on corner lot with Updated kitchen and baths, hardwood and tile floors through out, ample closet space and more! Covered porch and nice sized yard! New roof and HVAC installed 2016.

Last Agent to Sell the Property

Matt Wallace

REMAX Experts License #338273 Listed on: 08/19/2021

REMAX Experts

Last Buyer's Agent

Logan Scheidt

Crye-Leike, Inc., REALTORS License #339592

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 85x128
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,707 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Storage Room
  • Laundry closet
  • Attic Access Panel
  • Home Security System

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dressing Area
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Normandy Meadows 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064025 00008

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.25 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Matilda
  • MAAR Subdivision Name: NORMANDY MEADOWS 1ST ADD
  • List Price Per Sq Ft: 176
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1707
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 1, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 1, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Attic Access, Security System
  • Other Rooms: Laundry Closet, Entry Hall, Attic, Storage Room
  • Primary Bathroom Description: Double Sinks, Dressing Area, Smooth Ceiling, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 1, Smooth Ceiling

Exterior Features

  • Misc Exterior: Covered Patio, Wooded Grounds
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Corner, Landscaped, Wood Fenced
  • Lot Number: 94
  • Acreage: 0.25
  • Lot Size: 85X128

Tax Info

  • Assessor Parcel Number: 064025 00008

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 1, 2021
Sold by
Bought by
Seller's Agent
Matt Wallace
REMAX Experts
Buyer's Agent
Logan Scheidt
Crye-Leike, Inc., REALTORS
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Current Estimated Value
$337,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,891
Avg. Annual Appreciation
2.92%
Original Mortgage
$195,000
Outstanding Balance
$177,822
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$160,069

Purchase Details

Listed on
May 4, 2019
Closed on
Jun 20, 2019
Sold by
Bought by
Seller's Agent
Jimmie Finch
Crye-Leike, Inc., REALTORS
Buyer's Agent
Alex Turner
Hobson, REALTORS
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$253,890
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 29, 2015
Sold by
Bought by
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Becca Dickerson
Sowell, Realtors
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$208,905
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 25, 2015
Sold by
Bought by
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Becca Dickerson
Sowell, Realtors
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,905
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2015
Closed on
Apr 14, 2015
Sold by
Bought by
Seller's Agent
Teresa Coop
Coldwell Banker Collins-Maury
Buyer's Agent
Linda Sowell
Sowell, Realtors
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$135,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Dec 16, 2014
Sold by
Bought by
Seller's Agent
Rick Baer
Rick Baer Realty
Buyer's Agent
Teresa Coop
Coldwell Banker Collins-Maury
List Price
$174,900
Sold Price
$147,450
Premium/Discount to List
-$27,450
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
237.57%
Original Mortgage
$129,337
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$295,000 Foundation Title & Escrow Ll
$280,000 Realty Title
$219,900 None Available
$219,900 None Available
$215,000 Fntg
$147,450 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $195,000
Previous Owner $253,890
Previous Owner $208,905
Previous Owner $208,905
Previous Owner $135,000
Previous Owner $129,337
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $295,000 -1.7% $184 / Sq Ft
09/02/2021 09/02/21 Price Changed $300,000 -7.7% $188 / Sq Ft
08/19/2021 08/19/21 For Sale $325,000 +16.1% $203 / Sq Ft
06/20/2019 06/20/19 Sold $280,000 0.0% $175 / Sq Ft View Prior Sale
06/14/2019 06/14/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $280,000 +27.3% $175 / Sq Ft
06/25/2015 06/25/15 Sold $219,900 0.0% $137 / Sq Ft View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $219,900 +2.3% $137 / Sq Ft
04/14/2015 04/14/15 Sold $215,000 -2.2% $134 / Sq Ft View Prior Sale
04/07/2015 04/07/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $219,900 +49.1% $137 / Sq Ft
12/22/2014 12/22/14 Sold $147,450 -15.7% $92 / Sq Ft View Prior Sale
11/24/2014 11/24/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $174,900 -- $109 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,543 $94,550 $18,325 $76,225
2024 $2,575 $75,950 $19,325 $56,625
2023 $4,627 $75,950 $19,325 $56,625
2022 $4,627 $75,950 $19,325 $56,625
2021 $2,061 $75,950 $19,325 $56,625
2020 $4,172 $57,575 $19,325 $38,250
2019 $1,840 $57,575 $19,325 $38,250
2018 $1,840 $57,575 $19,325 $38,250
2017 $1,884 $57,575 $19,325 $38,250
2016 $2,292 $52,450 $0 $0
2014 $1,905 $43,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Wallace

    Seller's Agent in 2021

    Matt Wallace

    RE/MAX

    (901) 800-9406

    9 in this area

    79 Total Sales

    Matt Wallace
    Section Image
  • Logan Scheidt

    Buyer's Agent in 2021

    Logan Scheidt

    Crye-Leike, Inc., REALTORS

    (901) 569-5919

    9 in this area

    51 Total Sales

    Logan Scheidt
    Section Image
  • Jimmie Finch

    Seller's Agent in 2019

    Jimmie Finch

    Crye-Leike

    (901) 481-1208

    9 in this area

    82 Total Sales

    Jimmie Finch
    Section Image
  • Alex Turner

    Buyer's Agent in 2019

    Alex Turner

    Hobson, REALTORS

    (901) 628-4114

    22 in this area

    100 Total Sales

    Alex Turner
    Section Image

  • T

    Seller's Agent in 2015

    Teresa Coop

    Coldwell Banker Collins-Maury

    (901) 605-8978

    2 in this area

    45 Total Sales

    Teresa Coop
    Section Image
  • Linda Sowell

    Seller's Agent in 2015

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    29 in this area

    185 Total Sales

    Linda Sowell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10106792

Memphis Area Association of REALTORS®

APN: 06-4025-0-0008

Tennessee Shelby County Memphis 38117 East Memphis

5193 Peg Ln, Memphis, TN

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