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Sold for $189,900
  • $189,900

    5048 Pheasant Run Ln, Memphis, TN 38141

    2beds
    1,620sqft
    Single Family Residence
    Built in 1996
    -- sqft lot
    $189,600 Zestimate®
    $117/sqft
    $1,644 Estimated rent

    Home value

    $189,600

    $180,000 - $199,000

    $1,644/mo

    Zestimate® history
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    What's special

    Stunning lake viewsAbundant cabinet storageNeutral color palette
    Memphis, TN - Single Family Home - $1,695.00 Available January 2026 Welcome to Marathon Management where we are IN IT FOR THE LONG RUN! This beautifully laid-out 2-bedroom, 2.5-bath two-story home offers comfort, functionality, and stunning lake views. A neutral color palette and hard-surface flooring runs throughout the main living areas, with cozy carpeted flooring on the staircase and in both bedrooms for added warmth. The main level features a formal living room with a fireplace, creating an inviting space to relax or entertain. Adjacent to the kitchen is a formal dining room, ideal for hosting meals and gatherings. The U-shaped kitchen provides ample countertop space and abundant cabinet storage, making meal prep and organization a breeze. A convenient half bath is located downstairs perfect for guests to use. Upstairs, youll find a designated closet for washer and dryer hookups, thoughtfully placed near the bedrooms for easy access. Both bedrooms feature their own ensuite full bathrooms. The secondary bedroom includes a full bath with a standard bathtub and shower head, while the primary suite offers a spa-like retreat with a soaking tub and a separate walk-in shower. Step outside to a back patio with breathtaking lake views, perfect for relaxing or entertaining. A side driveway with a garage adds everyday convenience and extra storage. This well-designed home blends scenic surroundings with comfortable, functional living spaces.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Fireplace
    Cooling
    • Air Conditioner
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,620 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Smoke Free
    Details
    • Parcel number: D0255SE00032

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1996

    Community & neighborhood

    Community
    • Community features: Smoke Free
    Location
    • Region: Memphis

    HOA & financial

    Other fees
    • Deposit fee: $1,695

    Price history

    DateEventPrice
    4/2/2026Sold$189,900+55%$117/sqft
    Source: Public Record Report a problem
    2/24/2026Listing removed$1,695$1/sqft
    Source: Zillow Rentals Report a problem
    1/13/2026Listed for rent$1,695+70.4%$1/sqft
    Source: Zillow Rentals Report a problem
    10/23/2025Sold$122,500+28.8%$76/sqft
    Source: Public Record Report a problem
    5/25/2017Listing removed$995$1/sqft
    Source: Realty Capital Management LLC Report a problem
    5/18/2017Listed for rent$995$1/sqft
    Source: Realty Capital Management LLC Report a problem
    5/21/2014Listing removed$995$1/sqft
    Source: Marathon Management, LLC Report a problem
    5/3/2014Listed for rent$995$1/sqft
    Source: Marathon Management, LLC Report a problem
    12/30/2012Listing removed$995$1/sqft
    Source: Hotpads for Rent Report a problem
    12/22/2012Listed for rent$995+2.1%$1/sqft
    Source: Hotpads for Rent Report a problem
    11/14/2012Listing removed$975$1/sqft
    Source: Homes With ABC Report a problem
    11/10/2012Listed for rent$975$1/sqft
    Source: Homes With ABC Report a problem
    12/7/2009Sold$95,136+3.4%$59/sqft
    Source: Public Record Report a problem
    2/18/2002Sold$92,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,444 +50.1%$53,675 +89.2%
    2024$962 $28,375
    2023$962 $28,375
    2022-- $28,375
    2021-- $28,375 +44.4%
    2020$1,423 $19,650
    2019$1,423 +78.8%$19,650
    2018$796 -1.5%$19,650
    2017$808 +2.7%$19,650 +9.2%
    2016$787 $18,000
    2014-- $18,000
    2013-- $18,000 -26.6%
    2012-- $24,525
    2011-- $24,525
    2010-- $24,525
    2009-- $24,525 -1.5%
    2008-- $24,900
    2007-- $24,900
    2006-- $24,900
    2005-- $24,900 +5.2%
    2004-- $23,675
    2003-- $23,675
    2002-- $23,675
    2001-- $23,675 -1.4%
    2000-- $24,000

    Find assessor info on the county website

    Neighborhood: 38141

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $189,600
    2% more
    +$3,792
    With Zillow Showcase(estimated)
    $193,392