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.
For sale
$249,900
5308 Park Ave, Memphis, TN 38119
3beds
2,284sqft
Townhouse
Built in 1979
2,613 Square Feet Lot
$249,400 Zestimate®
$109/sqft
$-- HOA
What's special
Completely renovated and remodeled
- 237 days
- 195
- 5
Zillow last checked:
Listing updated:
Listed by:
Valencia Gathwright,
Keller Williams 901-221-5100
Source: MAAR,MLS#: 10212975
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: 217 days
Estimated market value
$249,400
$237,000 - $262,000
$2,138/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $249,900$109/sqft |
Source:  MAAR #10212975 Report a problem | ||
| 8/19/2026 | Pending sale | $249,900$109/sqft |
Source: MAAR #10212975 Report a problem | ||
| 6/19/2026 | Listed for sale | $249,900$109/sqft |
Source: MAAR #10212975 Report a problem | ||
| 6/13/2026 | Pending sale | $249,900$109/sqft |
Source: MAAR #10212975 Report a problem | ||
| 5/21/2026 | Price change | $249,900-9.1%$109/sqft |
Source: MAAR #10212975 Report a problem | ||
| 5/8/2026 | Price change | $274,900-1.5%$120/sqft |
Source: MAAR #10212975 Report a problem | ||
| 4/21/2026 | Price change | $279,000-3.8%$122/sqft |
Source: MAAR #10212975 Report a problem | ||
| 2/26/2026 | Price change | $289,900-3.3%$127/sqft |
Source: MAAR #10212975 Report a problem | ||
| 1/16/2026 | Listed for sale | $299,900+106.8%$131/sqft |
Source: MAAR #10212975 Report a problem | ||
| 8/21/2025 | Sold | $145,000-23.6%$63/sqft |
Source: MAAR #10202190 Report a problem | ||
| 7/29/2025 | Pending sale | $189,900$83/sqft |
Source: MAAR #10202190 Report a problem | ||
| 7/27/2025 | Listed for sale | $189,900+46.1%$83/sqft |
Source: MAAR #10202190 Report a problem | ||
| 9/26/2002 | Sold | $130,000+13%$57/sqft |
Source: Public Record Report a problem | ||
| 7/28/1998 | Sold | $115,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: East Memphis-Colonial-Yorkshire
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