5238 Peg Ln Memphis, TN 38117
East Memphis NeighborhoodEstimated payment $1,785/month
Highlights
- Traditional Architecture
- Richland Elementary School Rated 9+
- 1-Story Property
About This Home
Welcome home to Normandy Meadows! Located minutes from East Memphis shopping and dining this move-in ready 3/2 gem puts the whole city within reach. The exterior features a painted brick exterior with elegant wrought iron fencing and a circle drive. Inside you'll find a spacious layout with large rooms and a welcoming foyer. Enjoy updated lighting throughout, a new furnace and condenser, and a replaced sewer line. The kitchen and bathroom have been thoughtfully renovated with modern finishes. Out back, a large yard with a mounted TV creates the perfect space for effortless outdoor living. Call your agent and schedule a showing today!
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 86x126
Parking
- 1 Parking Space
Home Design
- Traditional Architecture
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,532 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Community Details
- Normandy Meadows 1St Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 064029 00019
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,096 | $69,700 | $16,475 | $53,225 |
| 2024 | $2,096 | $61,825 | $17,400 | $44,425 |
| 2023 | $3,766 | $61,825 | $17,400 | $44,425 |
| 2022 | $3,766 | $61,825 | $17,400 | $44,425 |
| 2021 | $2,133 | $61,825 | $17,400 | $44,425 |
| 2020 | $3,134 | $43,250 | $17,400 | $25,850 |
| 2019 | $1,382 | $43,250 | $17,400 | $25,850 |
| 2018 | $1,382 | $43,250 | $17,400 | $25,850 |
| 2017 | $1,415 | $43,250 | $17,400 | $25,850 |
| 2016 | $1,744 | $39,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2025 09/03/25 | Pending | -- | -- | -- | |
| 08/27/2025 08/27/25 | Price Changed | $310,000 | -4.5% | $221 / Sq Ft | |
| 07/28/2025 07/28/25 | Price Changed | $324,700 | 0.0% | $232 / Sq Ft | |
| 07/18/2025 07/18/25 | Price Changed | $324,800 | 0.0% | $232 / Sq Ft | |
| 06/28/2025 06/28/25 | Price Changed | $324,900 | 0.0% | $232 / Sq Ft | |
| 06/12/2025 06/12/25 | For Sale | $325,000 | +54.8% | $232 / Sq Ft | |
| 08/15/2019 08/15/19 | Sold | $210,000 | +2.5% | $150 / Sq Ft | View Prior Sale |
| 06/12/2019 06/12/19 | Pending | -- | -- | -- | |
| 06/10/2019 06/10/19 | For Sale | $204,900 | -- | $146 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $309,000 | Nexus Title & Escrow | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $210,000 | Realty Title & Escrow Co Inc | |
| Warranty Deed | $150,000 | Mid America Title Agency Inc | |
| Deed | $99,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $289,000 | Credit Line Revolving | |
| Previous Owner | $65,000 | Credit Line Revolving | |
| Previous Owner | $189,000 | New Conventional | |
| Previous Owner | $120,000 | Fannie Mae Freddie Mac |
Source: Memphis Area Association of REALTORS®
MLS Number: 10198099
APN: 06-4029-0-0019
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