Charming 3 Bedroom Home for Rent in Memphis - 5017 Penwood Cove, Memphis, TN 38118
Now available! This inviting 3-bedroom, 2-bathroom home for rent in Memphis, TN features 1,326 sq ft of comfortable living spaceA?A??perfect for families, roommates, or anyone looking for a well-kept place to call home. The bright and airy living room welcomes you with natural light, creating a warm and relaxing atmosphere.
Enjoy cooking in the open kitchen with ample storage, and host meals in the formal dining room just steps away. The laundry room with hookups offers everyday convenience, and the fenced-in backyard provides privacy for outdoor activities, pets, or weekend grilling.
Professionally managed by Premier Property Management Group. For more details or to schedule a viewing, visit rentpremierhomes. This property allows self guided viewing without an appointment. Contact for details.
Sold for $197,000
$197,000
5017 Penwood Cv, Memphis, TN 38118
3beds
1,326sqft
Single Family Residence
Built in ----
-- sqft lot
$196,700 Zestimate®
$149/sqft
$1,296 Estimated rent
Home value
$196,700
$187,000 - $207,000
$1,296/mo
Zestimate® history
Owner options
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$1,296/mo
Rent Zestimate®
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$1,296/mo
Rent Zestimate®
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$1,302/mo
Est. payment
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$1,302/mo
Est. payment
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List your homeWhat's special
Fenced-in backyard provides privacyNatural lightLaundry room with hookupsFormal dining room
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total interior livable area: 1,326 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 094401F00073
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $1,375
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $139,100
- Annual tax amount: $1,833
- Date on market: 12/4/2025
- Date available: 12/03/2025
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Sold | $197,000+129.1%$149/sqft |
Source: Public Record Report a problem | ||
| 12/22/2025 | Listing removed | $1,375$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2025 | Price change | $1,375-1.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2025 | Listed for rent | $1,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/16/2025 | Sold | $86,000+24.6%$65/sqft |
Source: Public Record Report a problem | ||
| 4/14/2000 | Sold | $69,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,833 +32.5% | $34,775 +65.6% |
| 2024 | $1,383 +8.1% | $21,000 |
| 2023 | $1,279 | $21,000 |
| 2022 | -- | $21,000 |
| 2021 | -- | $21,000 +29.4% |
| 2020 | $519 | $16,225 |
| 2019 | $519 -21.1% | $16,225 |
| 2018 | $657 -45.1% | $16,225 |
| 2017 | $1,198 +125.8% | $16,225 +4% |
| 2016 | $530 -9.2% | $15,600 |
| 2014 | $584 | $15,600 |
| 2013 | -- | $15,600 -18.8% |
| 2012 | -- | $19,200 +4.8% |
| 2011 | -- | $18,325 |
| 2010 | -- | $18,325 |
| 2009 | -- | $18,325 +1.8% |
| 2008 | -- | $18,000 |
| 2007 | -- | $18,000 |
| 2006 | -- | $18,000 |
| 2005 | -- | $18,000 +1.7% |
| 2004 | -- | $17,700 +3.2% |
| 2003 | -- | $17,150 +397.1% |
| 2002 | -- | $3,450 -79.9% |
| 2001 | -- | $17,150 +18.5% |
| 2000 | -- | $14,475 |
Find assessor info on the county website
Neighborhood: Parkway Village-Oakhaven
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Nearby schools
GreatSchools rating
- 4/10Ross Elementary SchoolGrades: PK-5Distance: 7.3 mi
- 4/10Oakhaven Middle SchoolGrades: 6-8Distance: 2.4 mi
- 5/10Oakhaven High SchoolGrades: 9-12Distance: 2.4 mi
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- Tennessee
- Shelby County
- Memphis
- 38118
- Parkway Village-Oakhaven
- 5017 Penwood Cv
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
- Hickory Ridge-South Riverdale Real estate
- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate
Nearby zip codes
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