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For sale
    • Price cut: $15K (7/28)
    $224,900

    4950 Pheasant Ridge Cv, Memphis, TN 38141

    3beds
    1,565sqft
    : 
    $1,505/mo
    Get pre-qualified
    Single Family Residence
    Built in 1986
    0.27 Acres Lot
    $222,700 Zestimate®
    $144/sqft
    $-- HOA

    What's special

    Spacious recreation roomStrong curb appeal
    INVESTMENT OPPORTUNITY! Don't miss this excellent investment opportunity to own a well-maintained 3-bedroom, 2-bath home in the desirable Village of Pheasant Run! This property features a spacious recreation room, durable laminate wood flooring throughout, and major system updates already completed, including: New HVAC System (2023) Roof Replaced (2022) The home is tenant-occupied with a month-to-month lease, offering immediate rental income while providing flexibility for future plans. Located in a quiet, well-maintained neighborhood with strong curb appeal, this property is an outstanding addition to any investment portfolio. See the potential for yourself!
    40 days
    |
    137
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Realis H Sanders,

    Keller Williams 901-261-7900

    Source: MAAR,MLS#: 10225156MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Dimensions: 0 x 0
      Dining room
      • Features: Separate Dining Room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Washer/Dryer Connections
      Living room
      • Features: Great Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, Primary Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Wood Laminate Floors
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 1,565 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway/Pad
      • Covered spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Pool features: None
      • Waterfront features: Cove
      Lot
      • Size: 0.27 Acres
      • Dimensions: 64 x 135
      • Features: Some Trees
      Details
      • Parcel number: D0255S E00056

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Wood/Composition
      Condition
      • New construction: No
      • Year built: 1986

      Community & HOA

      Community
      • Security: Wrought Iron Security Drs
      • Subdivision: The Village Of Pheasant Run Sec B
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $144/sqft
      • Tax assessed value: $249,100
      • Annual tax amount: $1,675
      • Price range: $224.9K - $224.9K
      • Date on market: 7/1/2026
      • Cumulative days on market: 43 days

        Estimated market value

        $222,700

        $212,000 - $234,000

        $1,658/mo

        Price history

        DateEventPrice
        7/28/2026Price change$224,900-6.3%$144/sqft
        Source: MAAR #10225156 Report a problem
        7/1/2026Listed for sale$239,900+158.8%$153/sqft
        Source: MAAR #10225156 Report a problem
        5/14/2001Sold$92,700-2.4%$59/sqft
        Source: Public Record Report a problem
        8/17/1998Sold$95,000$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,675 +13.1%$62,275 +42.5%
        2024$1,481 $43,700
        2023$1,481 $43,700
        2022-- $43,700
        2021-- $43,700 +31.1%
        2020$2,413 $33,325
        2019$2,413 +78.8%$33,325
        2018$1,350 -1.5%$33,325
        2017$1,370 +26%$33,325 +34%
        2016$1,087 $24,875
        2014-- $24,875
        2013-- $24,875 -15.7%
        2012-- $29,500
        2011-- $29,500
        2010-- $29,500
        2009-- $29,500 -3%
        2008-- $30,400
        2007-- $30,400
        2006-- $30,400
        2005-- $30,400 +18.4%
        2004-- $25,675
        2003-- $25,675
        2002-- $25,675
        2001-- $25,675 +0.7%
        2000-- $25,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 38141

        Getting around

        18 / 100
        Car-Dependent
        22 / 100
        Minimal Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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