5163 Peg Ln, Memphis, TN 38117
Property image
Property image
SOLD
MAY 12, 2026

$340,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,516 sqft (on 0.26 acres)

5163 Peg Ln, Memphis, TN 38117

East Memphis
Est. Refi. Payment $2,163/mo*
Refinance Your Home
Currently Off Market - Sold May 12, 2026 for $340,000 (6% below list price)

Home Value

Trulia Estimate
$340K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$6K (+1.6%)
Since last sale
Increased$600 (+0.2%)
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 +94% in the last 10 years
MonthEstimated value
2026
September 2026$341K
August 2026$340K
July 2026$338K
June 2026$340K
May 2026$340K
April 2026$353K
March 2026$357K
February 2026$331K
January 2026$331K
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
0.09
Single-Family Home
$325,000
06/11/26
3
2
1,364
0.19
Single-Family Home
$335,000
05/21/26
3
2
1,599
0.14
Single-Family Home
$309,000
10/08/25
3
2
1,532
0.15
Single-Family Home
$340,000
06/24/26
3
2
1,623
0.18
Single-Family Home
$329,000
06/25/26
3
2
1,691
0.18
Single-Family Home
$295,000
07/22/26
3
2
1,685
0.16
Single-Family Home
$342,000
12/01/25
3
2
1,395
0.21
Single-Family Home
$353,000
04/28/26
3
2
1,668

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
0.04
$297,300
3
2
1,237
Off Market
0.06
$319,000
3
2
1,565
Off Market
0.03
$328,800
3
2
1,574
Off Market
0.03
$355,700
3
2
1,715
Off Market
0.07
$339,600
4
2.5
-
Off Market
0.03
$389,000
3
2
2,136
For Sale
0.04
$301,200
4
2
1,504
Off Market
0.09
$310,500
3
2
-
Off Market
0.04
$368,000
3
2
2,051
Off Market
0.05
$350,400
3
2
1,709
Off Market
0.08
$481,600
4
3
3,511
Off Market

Local Information

  • Map ViewExplore the area around 5163 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
0.26 acre lot
1,516 sqft
$224/sqft
Open Parking

About this House

Situated on a corner lot in the conveniently located Normandy Meadows neighborhood, this charming 3 Bedroom, 2 Bath single-story home offers comfort, character, and thoughtful updates throughout. Outside, you will find beautiful flower beds while abundant natural light fills the living room and kitchen inside. The kitchen has been refreshed with quartz countertops, painted cabinetry, and a gas range, creating a bright and functional space for everyday living. Both bathrooms have been beautifully renovated with modern finishes, adding a stylish and updated touch. The generously sized bedrooms offer great closet space and a comfortable layout. The backyard provides a welcoming setting with a patio and firepit - perfect for relaxing evenings or casual gatherings. The corner lot allows for extra yard space along with attractive landscaping that enhances the home’s curb appeal. Blending charm, updates, and a practical layout, this home offers an easy and inviting place to live!
5163 Peg Ln, Memphis, TN 38117 is a 3 bedroom, 2 bathroom, 1,516 sqft single-family home in East Memphis, built in 1955. It last sold for $340,000 on May 12, 2026 (6% below the $359,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $340,100, with a rent estimate of $1,877/month.
Last check for updates: about 16 hours ago
Listed by Michael J Bryan
Bryan Realty Group
Lindsay B Wolfe
Bryan Realty Group
Bought with: Michael D Ward, Crye-Leike, Inc., REALTORS
Source: MAAR, MLS#10216235

Home Details for 5163 Peg Ln

Interior Features

Interior Details
Number of Rooms: 6Types 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: 1516 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater, Gas Cooktop, Disposal, DishwasherDishwasherDisposal
Heating & Cooling
Heating: Central,Natural GasHas CoolingAir Conditioning: 220 Wiring,Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Hardwood, Tile, Wood Laminate Floors
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Tile, Wood Laminate Floors
Security
Security: Security System

Exterior Features

Exterior Home Features
Roof: Composition ShinglesPatio / Porch: Porch, PatioFencing: Wood, Wood FenceFoundation: SlabNo Private Pool
Parking & Garage
Number of Covered Spaces: 1No GarageHas Open ParkingParking Spaces: 1Parking: Driveway/Pad
Pool
Pool: None
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 27

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 VeneerNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 064025 00001

Price & Status

Price
List Price: $359,900Price Per Sqft: $224/sqftPrice Range: $340,000 - $359,900
Status Change & Dates
Off Market Date: Thu Apr 16 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: MemphisCommunity: Normandy Meadows

Lot Information

Lot Area: 0.26 acres

Miscellaneous

Mls Number: 10216235Living Area Range Units: Square FeetAttic: Pull Down StairsAttribution Contact: 901-401-2208

Price and Tax history

DateEventPrice
May 12, 2026
Source: MAAR #10216235
Sold
$340,000
Apr 18, 2026
Source: MAAR #10216235
Pending
$359,900
Mar 20, 2026
Source: MAAR #10216235
Listed For Sale
$359,900
Feb 2, 2024
Source: MAAR #10157290
ListingRemoved
Jan 18, 2024
Source: MAAR #10157290
PriceChange
$344,400
Price decreased by 0%

Market trends in Memphis

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

Neighborhood Overview

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 5163 Peg Ln

  • What is 5163 Peg Ln estimated to be worth?
    Trulia's estimated value for 5163 Peg Ln in Memphis, TN is $340,100.
  • What is the price history for 5163 Peg Ln?
    5163 Peg Ln in Memphis, TN last sold for $340,000 in May 2026.
  • 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 5163 Peg Ln have air conditioning?
    Yes, 5163 Peg Ln in Memphis, TN has air conditioning.
  • How big is the lot at 5163 Peg Ln?
    The lot at 5163 Peg Ln in Memphis, TN is about 0.26 acres (11,326 sq ft).

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