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For sale
    • Price cut: $25K (5/21)
    $249,900

    5308 Park Ave, Memphis, TN 38119

    3beds
    2,284sqft
    : 
    $1,671/mo
    Get pre-qualified
    Townhouse
    Built in 1979
    2,613 Square Feet Lot
    $249,000 Zestimate®
    $109/sqft
    $-- HOA

    What's special

    Completely renovated and remodeled
    BACK ON THE MARKET!! Rare Opportunity in the Highly Desirable Park Estates Area Welcome to this absolutely perfect Park Estates home, ideally suited for today’s market. Centrally located in the heart of Memphis, Tennessee, this beautifully updated townhouse offers the convenience and lifestyle today’s buyers are seeking. This home features 3 bedrooms and 2.5 bathrooms, with the half bath conveniently located downstairs. The property has been completely renovated and remodeled and truly looks brand new from top to bottom. A standout feature is the third-floor space, open from the primary suite—perfect for a workout room, bonus room, home office, or flex space to fit your lifestyle. Townhomes like this are rarely available in this highly sought-after and beautiful area. Reduced Price at only $249,900!!!! This move-in-ready home is an exceptional value and ready for the right buyer.
    189 days
    |
    230
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Valencia Gathwright,

    Keller Williams 901-221-5100

    Source: MAAR,MLS#: 10212975MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Dimensions: 0 x 0
      Dining room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Updated/Renovated Kitchen, Washer/Dryer Connections
      Living room
      • Features: Separate Living Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Up, 2 Full Primary Baths, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Part Hardwood, Part Carpet, Tile
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 2,284 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway/Pad
      • Covered spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 2.1
      • Pool features: None
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 120
      Details
      • Parcel number: 067086 00051

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Brick Veneer
      Condition
      • New construction: No
      • Year built: 1979

      Community & HOA

      Community
      • Features: Other (See REMARKS)
      • Security: Wrought Iron Security Drs
      • Subdivision: Park & Estate Townhouse
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $235,900
      • Annual tax amount: $3,108
      • Price range: $249.9K - $249.9K
      • Date on market: 1/16/2026
      • Cumulative days on market: 184 days

        Estimated market value

        $249,000

        $237,000 - $261,000

        $2,220/mo

        Price history

        DateEventPrice
        6/19/2026Listed for sale$249,900$109/sqft
        Source: MAAR #10212975 Report a problem
        6/13/2026Pending sale$249,900$109/sqft
        Source: MAAR #10212975 Report a problem
        5/21/2026Price change$249,900-9.1%$109/sqft
        Source: MAAR #10212975 Report a problem
        5/8/2026Price change$274,900-1.5%$120/sqft
        Source: MAAR #10212975 Report a problem
        4/21/2026Price change$279,000-3.8%$122/sqft
        Source: MAAR #10212975 Report a problem
        2/26/2026Price change$289,900-3.3%$127/sqft
        Source: MAAR #10212975 Report a problem
        1/16/2026Listed for sale$299,900+106.8%$131/sqft
        Source: MAAR #10212975 Report a problem
        8/21/2025Sold$145,000-23.6%$63/sqft
        Source: MAAR #10202190 Report a problem
        7/29/2025Pending sale$189,900$83/sqft
        Source: MAAR #10202190 Report a problem
        7/27/2025Listed for sale$189,900+46.1%$83/sqft
        Source: MAAR #10202190 Report a problem
        9/26/2002Sold$130,000+13%$57/sqft
        Source: Public Record Report a problem
        7/28/1998Sold$115,000$50/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,108 -5.6%$58,975 +17.9%
        2024$3,294 +8.1%$50,025
        2023$3,047 $50,025
        2022-- $50,025
        2021-- $50,025 +16.7%
        2020$1,370 $42,850
        2019$1,370 -21.1%$42,850
        2018$1,735 -45.1%$42,850
        2017$3,163 +162%$42,850 +20.7%
        2016$1,207 -5.8%$35,500
        2014$1,281 $35,500
        2013-- $35,500 -11.6%
        2012-- $40,175
        2011-- $40,175
        2010-- $40,175
        2009-- $40,175 +9.1%
        2008-- $36,825
        2007-- $36,825
        2006-- $36,825
        2005-- $36,825 +20.5%
        2004-- $30,550
        2003-- $30,550
        2002-- $30,550
        2001-- $30,550 +22.6%
        2000-- $24,925
        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: East Memphis-Colonial-Yorkshire

        Getting around

        65 / 100
        Somewhat Walkable
        29 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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