NOT LISTED FOR SALE

5238 Peg Ln Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $301,483 - $338,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2025

Last sale price $309,000 $193 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,842 / mo

83 Days on Market

Highlights

  • Traditional Architecture
  • Richland Elementary School Rated 9+
  • 1-Story Property

About This Home

As of October 2025

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!

Last Agent to Sell the Property

Jacob Laurence

Keller Williams License #339121 Listed on: 06/03/2025

Keller Williams

Last Buyer's Agent

Jacob Laurence

Keller Williams License #339121 Listed on: 06/03/2025

Keller Williams

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

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NORMANDY MEADOWS 1ST ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1532
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A

Lot Info

  • Lot Number: 141
  • Acreage: 0.22
  • Lot Size: 86X126
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 064029 00019

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
Jun 3, 2025
Closed on
Oct 7, 2025
Sold by
Bought by
Seller's Agent
Jacob Laurence
Keller Williams
Buyer's Agent
Jacob Laurence
Keller Williams
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%
Views
81
Current Estimated Value
$312,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,121
Avg. Annual Appreciation
1.45%
Original Mortgage
$289,000
Outstanding Balance
$289,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,121

Purchase Details

Closed on
Jul 16, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 15, 2019
Sold by
Bought by
Seller's Agent
Sue Stinson-Turner
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sue Stinson-Turner
Crye-Leike, Inc., REALTORS
List Price
$204,900
Sold Price
$210,000
Premium/Discount to List
$5,100
2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$189,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 1995
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$309,000 Nexus Title & Escrow
-- None Available
$210,000 Realty Title & Escrow Co Inc
$150,000 Mid America Title Agency Inc
$99,000 --
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 $289,000
Previous Owner $65,000
Previous Owner $189,000
Previous Owner $120,000
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
10/08/2025 10/08/25 Sold $309,000 -0.3% $221 / Sq Ft
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
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 $1,875 $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
2014 $1,744 $39,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacob Laurence

    Seller's Agent in 2025

    Jacob Laurence

    Keller Williams

    (901) 734-8006

    6 in this area

    36 Total Sales

    Jacob Laurence
    Section Image
  • Sue Stinson-Turner

    Seller's Agent in 2019

    Sue Stinson-Turner

    Crye-Leike

    (901) 853-0265

    1 in this area

    51 Total Sales

    Sue Stinson-Turner
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10198099

Memphis Area Association of REALTORS®

APN: 06-4029-0-0019

Tennessee Shelby County Memphis 38117 East Memphis

5238 Peg Ln, Memphis, TN

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