NOT LISTED FOR SALE

5216 Peg Ln Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $338,153 - $370,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $260,000 $145 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,027/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Den with Fireplace
  • Richland Elementary School Rated 9+
  • Wood Flooring
  • Some Wood Windows

About This Home

As of September 2019

This home is located at 5216 Peg Ln, Memphis, TN 38117 since 05 September 2019 and is currently estimated at $351,538, approximately $219 per square foot. This property was built in 1955. 5216 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 Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 09/05/2019

Last Buyer's Agent

Matt Morgan

Crye-Leike, Inc., REALTORS License #331273

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Few Trees

Home Design

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

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,707 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den with Fireplace
  • Storage Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Normandy Meadows 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064029 00022

Home Details

Home Type

Single Family

Year Built

Built in 1955

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: 152
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1707
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Storage Room
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Built-In Cabinets/Bkcases, Hardwood Floor, Level 1, Smooth Ceiling

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 107
  • Acreage: 0.2
  • Lot Size: .2 acres

Tax Info

  • Assessor Parcel Number: 064029 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Aug 23, 2019
Sold by
Ferguson Holly Holden
Bought by
Hutcherson Donna M
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Matt Morgan
Crye-Leike, Inc., REALTORS
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$351,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,538
Avg. Annual Appreciation
4.83%

Purchase Details

Listed on
Sep 23, 2014
Closed on
Nov 14, 2014
Sold by
Tennessee Investment Properties
Bought by
Ferguson Holly Holden
Seller's Agent
Gary Connell
Renshaw Company, REALTORS
Buyer's Agent
Tim Newell
Jennings Realty
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$156,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2014
Sold by
Holmes Rodrick and Holmes Tanya C
Bought by
Tennessee Investment Properties

Purchase Details

Closed on
Jun 20, 2013
Sold by
Holmes Tanya C
Bought by
Holmes Rodrick D

Purchase Details

Closed on
May 17, 2006
Sold by
Back Arthur M and Back Suzanne K
Bought by
Holmes Rodrick and Holmes Tanya C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,724
Interest Rate
6.41%
Mortgage Type
Purchase Money 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

Date Buyer Sale Price Title Company
Hutcherson Donna M $260,000 Realty Title & Escrow
Ferguson Holly Holden $195,000 Delta Title Services Llc
Tennessee Investment Properties $110,400 None Available
Holmes Rodrick D -- None Available
Holmes Rodrick $188,200 Realty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Holly Holden $156,000
Previous Owner Holmes Rodrick $186,724
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2019 09/05/19 Sold $260,000 0.0% $163 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $260,000 +33.3% $163 / Sq Ft
11/14/2014 11/14/14 Sold $195,000 -13.3% $122 / Sq Ft View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $224,900 -- $141 / 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 $2,401 $88,400 $18,325 $70,075
2024 $2,437 $71,900 $19,325 $52,575
2023 $4,380 $71,900 $19,325 $52,575
2022 $4,380 $71,900 $19,325 $52,575
2021 $2,481 $71,900 $19,325 $52,575
2020 $3,536 $48,800 $19,325 $29,475
2019 $1,560 $48,800 $19,325 $29,475
2018 $1,560 $48,800 $19,325 $29,475
2017 $1,596 $48,800 $19,325 $29,475
2016 $1,912 $43,750 $0 $0
2014 $1,912 $43,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Matt Morgan

    Buyer's Agent in 2019

    Matt Morgan

    Crye-Leike

    (901) 605-1071

    5 in this area

    122 Total Sales

    Matt Morgan
    Section Image

  • G

    Seller's Agent in 2014

    Gary Connell

    Renshaw Company, REALTORS

  • T

    Seller Co-Listing Agent in 2014

    Tim Newell

    Jennings Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10061215

Memphis Area Association of REALTORS®

APN: 06-4029-0-0022

Tennessee Shelby County Memphis 38117 East Memphis

5216 Peg Ln, Memphis, TN

Not Listed for Sale

Detached

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