For sale

$550,000

5248 Pelham Cir, Memphis, TN 38117

3beds

3,178sqft

$3,827/mo

Get pre-qualified

Single Family Residence

Built in 1950

1.03 Acres Lot

$525,100 Zestimate^®

$173/sqft

$-- HOA

What's special

Corner lot

Looking for a place to build your dream home? Here it is! 1.03 acre, treed, corner lot in prestigious Pleasant Acres in the Heart of East Memphis. Surrounded by upscale million dollar + properties this is a rare opportunity to design and build your own home.

129 days
182
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Dimensions: 0 x 0

Bedroom 2

Level: First

Bedroom 3

Level: First

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central, Natural Gas

Cooling

Central Air

Features

All Bedrooms Down, Primary Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Tile
Number of fireplaces: 2

Interior area

Total interior livable area: 3,178 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 1.03 Acres
Dimensions: 162 x 230
Features: Wooded

Details

Parcel number: 056043 00011

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Subdivision: Pleasant Acres First Addition

Location

Region: Memphis

Financial & listing details

Price per square foot: $173/sqft
Tax assessed value: $394,300
Annual tax amount: $5,196
Price range: $550K - $550K
Date on market: 5/22/2026
Cumulative days on market: 130 days
Listing terms: Conventional

Estimated market value

$525,100

$499,000 - $551,000

$3,334/mo

Price history

Date	Event	Price
6/26/2026	Price change	$550,000-15.4%$173/sqft
Source: MAAR #10222237 Report a problem
5/22/2026	Listed for sale	$650,000+51.2%$205/sqft
Source: MAAR #10222237 Report a problem
6/4/2014	Listing removed	$429,900$135/sqft
Source: Keller Williams - Memphis Central #3287979 Report a problem
6/1/2014	Price change	$429,900+7.5%$135/sqft
Source: Keller Williams - Memphis Central #3287979 Report a problem
5/21/2014	Price change	$399,900-7%$126/sqft
Source: Keller Williams Realty #3287979 Report a problem
1/6/2014	Listed for sale	$429,900$135/sqft
Source: Keller Williams Realty #3287978 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,196 -14%	$98,575 +7.5%
2024	$6,040 +8.1%	$91,725
2023	$5,588	$91,725
2022	--	$91,725 -14.1%
2021	--	$106,750 +22%
2020	$2,796	$87,500
2019	$2,796 -21.1%	$87,500
2018	$3,544 -45.1%	$87,500
2017	$6,459 +120.2%	$87,500 +1.4%
2016	$2,933 -7.6%	$86,250
2014	$3,172	$86,250 -24.9%
2013	--	$114,900 +15.5%
2012	--	$99,475
2011	--	$99,475
2010	--	$99,475 -19%
2009	--	$122,825 +26.3%
2008	--	$97,225
2007	--	$97,225
2006	--	$97,225
2005	--	$97,225 +41.4%
2004	--	$68,750
2003	--	$68,750
2002	--	$68,750 -14.5%
2001	--	$80,450 +71.6%
2000	--	$46,875