For sale

$524,900

5701 Ashley Sq S, Memphis, TN 38120

3beds

2,762sqft

$3,475/mo

Get pre-qualified

Single Family Residence

Built in 1980

0.3 Acres Lot

$505,500 Zestimate^®

$190/sqft

$-- HOA

What's special

All on one levelStone fireplaceOpen floor planUpdated kitchenWalk in closetHardwood floorsThree bedroom

Three bedroom two and a half bath all on one level in sought after King Arms subdivision. Open floor plan , hardwood floors , stone fireplace and updated kitchen Beautiful primary and primary bath with walk in closet and office or would make great nursery! All new windows and new tankless water heater and new roof just installed!

14 days
267
4

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Attic, Entry Hall, Office/Sewing Room

Primary bedroom

Features: Hardwood Floor, Walk-In Closet(s)
Level: First
Area: 280
Dimensions: 14 x 20

Bedroom 2

Features: Hardwood Floor
Level: First
Area: 195
Dimensions: 13 x 15

Bedroom 3

Features: Hardwood Floor
Level: First
Area: 156
Dimensions: 12 x 13

Primary bathroom

Features: Double Vanity, Separate Shower, Tile Floor, Full Bath

Dining room

Features: Separate Dining Room
Area: 180
Dimensions: 12 x 15

Kitchen

Features: Eat-in Kitchen, Updated/Renovated Kitchen, W/D Connection in Kitchen
Area: 168
Dimensions: 12 x 14

Living room

Features: Separate Den
Dimensions: 0 x 0

Office

Features: Hardwood Floor
Level: First
Area: 156
Dimensions: 12 x 13

Den

Area: 506
Dimensions: 22 x 23

Heating

Central, Dual System, Natural Gas

Cooling

Ceiling Fan(s), Central Air, Dual

Appliances

Included: Gas Water Heater, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
Laundry: Laundry Room

Features

All Bedrooms Down, Double Vanity Bath, Full Bath Down, Half Bath Down, Luxury Primary Bath, Primary Down, Renovated Bathroom, Separate Tub & Shower, Vaulted/Coffered Primary, Smooth Ceiling, Walk-In Closet(s), Wet Bar, Storage, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Tile
Windows: Window Treatments
Number of fireplaces: 1
Fireplace features: In Den/Great Room

Interior area

Total interior livable area: 2,762 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Garage Door Opener, Garage Faces Side, Storage
Has garage: Yes
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Deck
Pool features: None
Fencing: Wood

Lot

Size: 0.3 Acres
Dimensions: 95 x 145
Features: Level, Some Trees

Details

Parcel number: 056055 B00006

Construction

Type & style

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

Materials

Brick Veneer, Wood/Composition
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Dead Bolt Lock(s), Wrought Iron Security Drs
Subdivision: King Arms Second Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $190/sqft
Tax assessed value: $448,900
Annual tax amount: $6,475
Price range: $524.9K - $524.9K
Date on market: 8/25/2026
Cumulative days on market: 15 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$505,500

$480,000 - $531,000

$2,755/mo

Price history

Date	Event	Price
8/25/2026	Listed for sale	$524,900+5%$190/sqft
Source: MAAR #10229072 Report a problem
8/14/2025	Listing removed	$499,900$181/sqft
Source: MAAR #10198681 Report a problem
6/10/2025	Listed for sale	$499,900+11.1%$181/sqft
Source: MAAR #10198681 Report a problem
6/14/2024	Sold	$450,000-3%$163/sqft
Source: MAAR #10158212 Report a problem
6/2/2024	Pending sale	$464,000$168/sqft
Source: MAAR #10158212 Report a problem
5/24/2024	Contingent	$464,000-1.1%$168/sqft
Source: MAAR #10158212 Report a problem
5/7/2024	Price change	$469,000+1.1%$170/sqft
Source: NextHome #10158212 Report a problem
4/29/2024	Price change	$464,000-1.1%$168/sqft
Source: MAAR #10158212 Report a problem
2/22/2024	Price change	$469,000-2%$170/sqft
Source: MAAR #10158212 Report a problem
10/6/2023	Listed for sale	$478,500+84%$173/sqft
Source: MAAR #10158212 Report a problem
5/29/2015	Sold	$260,000-13.3%$94/sqft
Source: MAAR #9949566 Report a problem
2/12/2015	Listing removed	$299,900$109/sqft
Source: Harris Report a problem
1/6/2015	Price change	$299,900+0.3%$109/sqft
Source: Harris Report a problem
8/7/2014	Listed for sale	$299,000-14.3%$108/sqft
Source: Harris Report a problem
1/23/2014	Listing removed	$349,000$126/sqft
Source: Crye-Leike #3288618 Report a problem
1/16/2014	Listed for sale	$349,000$126/sqft
Source: Crye-Leike #3288618 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,915 -8.6%	$112,225 +14.1%
2024	$6,475 +8.1%	$98,325
2023	$5,990	$98,325
2022	--	$98,325
2021	--	$98,325 +27.7%
2020	$2,461	$77,000
2019	$2,461 -21.1%	$77,000
2018	$3,119 -45.1%	$77,000
2017	$5,684 +118.8%	$77,000 +0.8%
2016	$2,598 +3.6%	$76,400
2014	$2,508	$76,400
2013	--	$76,400 -2.9%
2012	--	$78,650
2011	--	$78,650
2010	--	$78,650
2009	--	$78,650 +15.9%
2008	--	$67,875
2007	--	$67,875
2006	--	$67,875
2005	--	$67,875 +23.3%
2004	--	$55,050
2003	--	$55,050
2002	--	$55,050 -20.7%
2001	--	$69,425 +27.7%
2000	--	$54,350