5149 Peg Ln, Memphis, TN 38117
Property image
Property image
OFF MARKET

$328,800

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,574 sqft (on 0.25 acres)

5149 Peg Ln, Memphis, TN 38117

East Memphis
Est. Refi. Payment $2,093/mo*
Refinance Your Home
Currently Off Market - Sold Jul 27, 2023 for $330,000

Home Value

Trulia Estimate
$329K
Since last month
Decreased$3K (-0.8%)
Since last year
Increased$5K (+1.5%)
Since last sale
Decreased$2K (-0.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +73% in the last 10 years
MonthEstimated value
2026
September 2026$328K
August 2026$329K
July 2026$331K
June 2026$331K
May 2026$330K
April 2026$330K
March 2026$325K
February 2026$324K
January 2026$324K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5163 Peg Ln, Memphis, TN
0.03
Single-Family Home
$340,000
05/12/26
3
2
1,516
293 Betty Jo Ln, Memphis, TN
0.06
Single-Family Home
$325,000
06/11/26
3
2
1,364
5169 Sequoia Ave, Memphis, TN
0.18
Single-Family Home
$329,000
06/25/26
3
2
1,691
5238 Peg Ln, Memphis, TN
0.17
Single-Family Home
$309,000
10/08/25
3
2
1,532
5219 Sequoia Ave, Memphis, TN
0.20
Single-Family Home
$335,000
05/21/26
3
2
1,599
5168 Lynbar Ave, Memphis, TN
0.15
Single-Family Home
$340,000
06/24/26
3
2
1,623
185 Betty Jo Ln, Memphis, TN
0.20
Single-Family Home
$353,000
04/28/26
3
2
1,668
288 Mary Ann Dr, Memphis, TN
0.09
Single-Family Home
$426,000
06/17/26
3
2
2,050
346 Leonora Dr, Memphis, TN
0.14
Single-Family Home
$342,000
12/01/25
3
2
1,395

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
286 Pandora St, Memphis, TN 38117
0.04
$297,300
3
2
1,237
Off Market
5163 Peg Ln, Memphis, TN 38117
0.03
$340,000
3
2
1,516
Recently Sold
277 Pandora St, Memphis, TN 38117
0.05
$319,000
3
2
1,565
Off Market
295 Matilda St, Memphis, TN 38117
0.06
$355,700
3
2
1,715
Off Market
266 Pandora St #32, Memphis, TN 38117
0.07
$339,600
4
2.5
-
Off Market
5179 Peg Ln, Memphis, TN 38117
0.05
$389,000
3
2
2,136
For Sale
5146 Peg Ln, Memphis, TN 38117
0.03
$301,200
4
2
1,504
Off Market
264 Betty Jo Ln, Memphis, TN 38117
0.08
$310,500
3
2
-
Off Market
5174 Peg Ln, Houston, TN 38117
0.06
$368,000
3
2
2,051
Off Market
5180 Peg Ln, Memphis, TN 38117
0.07
$350,400
3
2
1,709
Off Market
274 Matilda St, Memphis, TN 38117
0.10
$481,600
4
3
3,511
Off Market

Local Information

  • Map ViewExplore the area around 5149 Peg Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
0.25 acre lot
1,574 sqft
$209/sqft
Garage

About this House

You're going to love this charming corner house in wonderful Normandy Meadows. The open floor plan is perfect for today's lifestyle & there's plenty of private space as well. Featuring 3 great bedrooms-including primary w walk in closet & private bath & a 4th room for a den/office/playroom, whatever you need. The separate laundry room off the kitchen opens onto a fabulous covered patio. Large backyard & a 2C garage with shop. Great public and private schools and near the greenline. Love!
5149 Peg Ln, Memphis, TN 38117 is a 3 bedroom, 2 bathroom, 1,574 sqft single-family home in East Memphis, built in 1955. It last sold for $330,000 on Jul 27, 2023 (2% above the $325,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $328,800, with a rent estimate of $1,932/month.
Last check for updates: about 18 hours ago
Listed by Shelly B Rainwater
Ware Jones, REALTORS
Bought with: Judy M Deming, REMAX Experts
Source: MAAR, MLS#10151108

Home Details for 5149 Peg Ln

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Master Bathroom, Dining Room, Kitchen, Living Room, Den
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1574 Square Feet
Appliances & Utilities
Appliances: Range/Oven, Dishwasher, Microwave, Washer, DryerDishwasherDryerLaundry: Laundry RoomMicrowaveWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Part Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 1Floors: Part Hardwood, Tile

Exterior Features

Exterior Home Features
Roof: Composition ShinglesPatio / Porch: Porch, Covered PatioFencing: WoodFoundation: SlabNo Private Pool
Parking & Garage
Number of Covered Spaces: 2Has a GarageHas Open ParkingParking Spaces: 2Parking: Driveway/Pad,Workshop in Garage,Garage Door Opener,Garage Faces Front
Pool
Pool: None
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 12

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional
Building
Construction Materials: Brick Veneer, Wood/CompositionNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 064026 00002

Price & Status

Price
List Price: $325,000
Status Change & Dates
Off Market Date: Mon Jul 10 2023Possession Timing: Rental Agreement

Active Status

MLS Status: Closed

Location

Direction & Address
City: MemphisCommunity: Normandy Meadows 1st Addn

Lot Information

Lot Area: 10890 sqft

Miscellaneous

Mls Number: 10151108Living Area Range: 1400-1599Living Area Range Units: Square FeetAttic: Pull Down Stairs

Price and Tax history

DateEventPrice
Jul 27, 2023
Source: MAAR #10151108
Sold
$330,000
Jul 1, 2023
Source: MAAR #10151108
Contingent
$325,000
Jun 28, 2023
Source: MAAR #10151108
Listed For Sale
$325,000
Jul 15, 2021
Source: RealTracs MLS as distributed by MLS GRID #3087578
Sold
$299,000
Jun 30, 2021
Source: MAAR #10101979
Pending
$289,000

Market trends in Memphis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$154K
$4KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$111
$1MoM
Available listings
3182
22MoM

Around this home

Neighborhood Overview

East Memphis
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Frequently asked questions about 5149 Peg Ln

  • What is 5149 Peg Ln estimated to be worth?
    Trulia's estimated value for 5149 Peg Ln in Memphis, TN is $328,800.
  • What is the price history for 5149 Peg Ln?
    5149 Peg Ln in Memphis, TN last sold for $330,000 in July 2023.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $154K. That is down $4K from the prior month.
  • Does 5149 Peg Ln have air conditioning?
    Yes, 5149 Peg Ln in Memphis, TN has air conditioning.
  • Does 5149 Peg Ln have laundry facilities?
    Yes, 5149 Peg Ln in Memphis, TN has in-unit laundry.

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