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For sale
$359,900
3beds
2,136sqft

5179 Peg Ln, Memphis, TN 38117

3beds
2,136sqft
Single Family Residence
Built in 1956
0.26 Acres Lot
$345,500 Zestimate®
$168/sqft

What's special

Second fireplaceFamily-sized denBeautiful landscapingGreat appliancesWonderful curb appealSpacious denStone walking path

This great East Memphis home is nestled on a large corner lot with lush landscaping, wonderful curb appeal & ALL NEW WINDOWS. A 2-car carport and adjoining patio offer convenient access to the spacious den. Inside, gleaming hardwood floors welcome you into the living room with a fireplace, which could also serve as a formal dining room for larger gatherings. The current dining area flows into a family-sized den featuring a second fireplace and charming wood ceiling beams. The updated kitchen offers granite countertops, abundant cabinetry and great appliances. A large laundry room includes a sink, pantry storage and carport access. Three spacious bedrooms include a primary suite with a private full bath and granite countertop, plus a second full bath for the additional bedrooms. Out back, enjoy beautiful landscaping, a stone walking path, open patio and pergola—perfect for relaxing or entertaining. Don't let this East Memphis gem slip away!

10 days
1,015
65

Likely to sell faster than

Source: MAAR,MLS#: 10232025MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Audrey M Davis,

REMAX Experts 901-685-6000

Source: MAAR,MLS#: 10232025MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
Rooms
  • Room types: Attic
Primary bedroom
  • Features: Walk-In Closet(s), Hardwood Floor
  • Level: First
  • Area: 165
  • Dimensions: 15 x 11
Bedroom 2
  • Features: Shared Bath, Hardwood Floor
  • Level: First
  • Area: 121
  • Dimensions: 11 x 11
Bedroom 3
  • Features: Shared Bath, Hardwood Floor
  • Level: First
  • Area: 121
  • Dimensions: 11 x 11
Primary bathroom
  • Features: Tile Floor, Full Bath
Dining room
  • Area: 165
  • Dimensions: 15 x 11
Kitchen
  • Features: Updated/Renovated Kitchen, Eat-in Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Area: 150
  • Dimensions: 10 x 15
Living room
  • Features: Separate Living Room, Separate Den
  • Area: 299
  • Dimensions: 13 x 23
Den
  • Area: 450
  • Dimensions: 25 x 18
Heating
  • Central
Cooling
  • Central Air, Ceiling Fan(s)
Appliances
  • Included: Gas Water Heater, Range/Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Laundry: Laundry Room
Features
  • All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down, High Ceilings, Walk-In Closet(s), Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Hardwood, Tile
  • Number of fireplaces: 2
  • Fireplace features: Living Room, In Den/Great Room
Interior area
  • Total interior livable area: 2,136 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Driveway/Pad
  • Covered spaces: 2
  • Has uncovered spaces: Yes
Features
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Auto Lawn Sprinkler
  • Pool features: None
  • Fencing: Wood,Wood Fence
Lot
  • Size: 0.26 Acres
  • Dimensions: 85 x 90
  • Features: Some Trees, Corner Lot, Landscaped
Details
  • Additional structures: Storage
  • Parcel number: 064025 00003

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subtype: Single Family Residence
Materials
  • Brick Veneer
  • Foundation: Slab
Condition
  • New construction: No
  • Year built: 1956

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Security: Wrought Iron Security Drs
  • Subdivision: Normandy Meadows 1st Addn
Location
  • Region: Memphis

Financial & listing details

  • Price per square foot: $168/sqft
  • Tax assessed value: $361,200
  • Annual tax amount: $4,759
  • Price range: $359.9K - $359.9K
  • Date on market: 10/8/2026
  • Cumulative days on market: 61 days
  • Listing terms: Conventional,FHA,VA Loan

Price history

DateEventPrice
10/8/2026Listed for sale$359,900-2.4%$168/sqft
Source: MAAR #10232025 Report a problem
10/7/2026Listing removed$368,900$173/sqft
Source: MAAR #10228662 Report a problem
10/6/2026Price change$368,900-0.3%$173/sqft
Source: MAAR #10228662 Report a problem
9/24/2026Price change$369,900-4.9%$173/sqft
Source: MAAR #10228662 Report a problem
9/11/2026Price change$389,000-2.5%$182/sqft
Source: MAAR #10228662 Report a problem
8/28/2026Price change$399,000-2.4%$187/sqft
Source: MAAR #10228662 Report a problem
8/19/2026Listed for sale$409,000+37.2%$191/sqft
Source: MAAR #10228662 Report a problem
3/28/2019Sold$298,100+0%$140/sqft
Source: MAAR #10046933 Report a problem
2/28/2019Listed for sale$298,000+24.6%$140/sqft
Source: Crye-Leike, Inc., REALTORS #10046933 Report a problem
6/30/2015Sold$239,200-0.3%$112/sqft
Source: MAAR #9947642 Report a problem
3/24/2015Listed for sale$239,900$112/sqft
Source: HERITAGE HOMES COMPANY #9947642 Report a problem
12/1/2014Listing removed$239,900$112/sqft
Source: HERITAGE HOMES COMPANY #3294418 Report a problem
6/29/2014Price change$239,900-3.5%$112/sqft
Source: HERITAGE HOMES COMPANY #3294418 Report a problem
4/9/2014Listed for sale$248,500+4.9%$116/sqft
Source: HERITAGE HOMES COMPANY #3294418 Report a problem
12/7/2006Sold$237,000+46.3%$111/sqft
Source: Public Record Report a problem
5/25/2000Sold$162,000$76/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$4,760 -18.5%$90,300 +1.8%
2024$5,841 +8.1%$88,700
2023$5,403 $88,700
2022-- $88,700
2021-- $88,700 +49.2%
2020$1,900 $59,450
2019$1,900 -21.1%$59,450
2018$2,408 -45.1%$59,450
2017$4,388 +150.1%$59,450 +15.2%
2016$1,754 -6.4%$51,600
2014$1,873 $51,600
2013-- $51,600 -12.2%
2012-- $58,750
2011-- $58,750
2010-- $58,750
2009-- $58,750 +15.8%
2008-- $50,725
2007-- $50,725
2006-- $50,725
2005-- $50,725 +23.3%
2004-- $41,125
2003-- $41,125
2002-- $41,125
2001-- $41,125 +15.7%
2000-- $35,550
Find assessor info on the county website

Monthly payment

Est. payment
$2,245/mo
Principal & interest
$1957
Property taxes
$288
More affordability toolsChevron Right

Estimated market value

$345,500

$328,000 - $363,000

$1,919/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: East Memphis

Nearby schools

Richland Elementary School
Grades PK-5 • 0.5 miles
9/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
8/10
White Station Middle School
Grades 6-8 • 0.5 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
7/10
White Station High School
Grades 9-12 • 1.8 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
8/10
Student Progress Rating
9/10