Sold for $500,000

$500,000

318 Nicolet Dr, Memphis, TN 38109

5beds

6,395sqft

Single Family Residence

Built in 2004

0.71 Acres Lot

$499,200 Zestimate^®

$78/sqft

$4,517 Estimated rent

Home value

$499,200

$469,000 - $529,000

$4,517/mo

Zestimate^® history

Owner options

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$4,517/mo

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$4,517/mo

Rent Zestimate^®

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$3,636/mo

Est. payment

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$3,636/mo

Est. payment

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What's special

Wow, what a hidden Gem! As a realtor for 21 years. I was amazed with the details of this home combined with the land. Wow, a previous custom built 1 owner home for this price. 3 fireplaces, 2 bonus rooms, one huge over sized closet in the master bedroom, along with a secondary closet, master bedroom suite, each bedroom has either its own bathroom or one attached to it, over 6000 square feet in a gated community.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Primary bedroom

Area: 400
Dimensions: 20 x 20

Bedroom 2

Features: Shared Bath
Level: Second
Area: 238
Dimensions: 17 x 14

Bedroom 3

Features: Shared Bath
Level: Second
Area: 238
Dimensions: 14 x 17

Bedroom 4

Features: Private Full Bath
Level: Second
Area: 238
Dimensions: 14 x 17

Bedroom 5

Features: Private Full Bath
Area: 168
Dimensions: 14 x 12

Dining room

Area: 204
Dimensions: 17 x 12

Kitchen

Features: Breakfast Bar, Eat-in Kitchen, Pantry, Updated/Renovated Kitchen, Washer/Dryer Connections
Area: 294
Dimensions: 14 x 21

Living room

Features: Great Room, LR/DR Combination
Area: 476
Dimensions: 28 x 17

Office

Level: First
Area: 168
Dimensions: 14 x 12

Bonus room

Area: 272
Dimensions: 17 x 16

Den

Area: 578
Dimensions: 34 x 17

Heating

Natural Gas

Cooling

Central Air

Features

1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Half Bath Down, Smooth Ceiling, Two Story Foyer, Vaulted/Coff/Tray Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Concrete, Part Carpet, Part Hardwood, Tile
Windows: Aluminum Frames, Double Pane Windows
Number of fireplaces: 3
Fireplace features: In Den/Great Room, In Keeping/Hearth room, Primary Bedroom, Factory Built

Interior area

Total interior livable area: 6,395 sqft

Property

Parking

Total spaces: 3
Parking features: Driveway/Pad, Garage Door Opener, Garage Faces Side
Has garage: Yes
Covered spaces: 3
Has uncovered spaces: Yes

Features

Stories: 2
Pool features: None

Lot

Size: 0.71 Acres
Dimensions: 30928 SF 100 x 311
Features: Some Trees

Details

Parcel number: 075259 B00009

Construction

Type & style

Home type: SingleFamily
Architectural style: French,Other (See Remarks),Soft Contemporary
Property subtype: Single Family Residence

Materials

Brick Veneer, Stone

Condition

New construction: No
Year built: 2004

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Day Estates P D

HOA

Has HOA: Yes
HOA fee: $500 annually

Location

Region: Memphis

Financial & listing details

Price per square foot: $78/sqft
Tax assessed value: $582,800
Annual tax amount: $6,667
Price range: $500K - $500K
Date on market: 10/8/2025
Cumulative days on market: 54 days

Price history

Date	Event	Price
12/22/2025	Sold	$500,000-2%$78/sqft
Source: MAAR #10207289 Report a problem
10/8/2025	Listed for sale	$510,000+827.3%$80/sqft
Source: MAAR #10207289 Report a problem
6/17/2003	Sold	$55,000$9/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,680 +15.2%	$145,700 +43.9%
2024	$6,668 +8.1%	$101,250
2023	$6,168	$101,250
2022	--	$101,250 -12.7%
2021	--	$116,025 +32.6%
2020	$2,796	$87,500
2019	$2,796 -21.1%	$87,500
2018	$3,544 -45.1%	$87,500
2017	$6,459 +84.1%	$87,500 -15.2%
2016	$3,508 -11.3%	$103,175
2014	$3,954	$103,175
2013	--	$103,175 -16.8%
2012	--	$124,000
2011	--	$124,000
2010	--	$124,000 -5.8%
2009	--	$131,625 +8%
2008	--	$121,825
2007	--	$121,825
2006	--	$121,825 +258.8%
2005	--	$33,950