Closed

$210,000

747 Margo Ln, Memphis, TN 38122

3beds

1,622sqft

Single Family Residence, Residential

Built in 1965

7,840 Square Feet Lot

$209,700 Zestimate^®

$129/sqft

$1,370 Estimated rent

Home value

$209,700

$199,000 - $220,000

$1,370/mo

Zestimate^® history

Owner options

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$1,370/mo

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$1,370/mo

Rent Zestimate^®

Refinance and save

$1,363/mo

Est. payment

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$1,363/mo

Est. payment

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What's special

Located in a quiet cove, 747 Margo Lane offers a low-traffic location in the heart of Berclair. This updated 3-bedroom, 2-bathroom home combines this central location with move-in-ready living. The interior features two separate living areas, a formal dining room, and newly refinished hardwood floors. The kitchen includes brand-new granite countertops and stainless steel appliances. Additional upgrades consist of fresh interior and exterior paint, professionally refinished bathrooms, and new fixtures throughout. A fully fenced backyard completes the property, providing outdoor utility and added privacy.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Features: Full Bath
Level: Full Bath

Bedroom 2

Features: Walk-In Closet(s)
Level: Walk-In Closet(s)

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Refrigerator, Range, Oven
Laundry: Washer Hookup

Features

Walk-In Closet(s), Pantry
Flooring: Wood, Tile
Has fireplace: No

Interior area

Total structure area: 1,622
Total interior livable area: 1,622 sqft

Property

Parking

Total spaces: 1
Parking features: Detached, Parking Pad, On Street
Carport spaces: 1
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1

Lot

Size: 7,840 Square Feet
Dimensions: 76 x 110

Details

Parcel number: 054004 00059
Special conditions: Standard

Construction

Type & style

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

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1965

Utilities & green energy

Sewer: Public Sewer
Water: Other

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Margo Lane First Addn

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $129/sqft
Tax assessed value: $193,400
Annual tax amount: $2,549
Date on market: 5/27/2026

Price history

Date	Event	Price
7/13/2026	Sold	$210,000+5.5%$129/sqft
Source: RealTracs MLS as distributed by MLS GRID #3276795 Report a problem
6/8/2026	Pending sale	$199,000$123/sqft
Source: MAAR #10222501 Report a problem
5/27/2026	Listed for sale	$199,000+13.7%$123/sqft
Source: MAAR #10222501 Report a problem
11/23/2025	Listing removed	$1,460$1/sqft
Source: Zillow Rentals Report a problem
11/10/2025	Price change	$1,460-1%$1/sqft
Source: Zillow Rentals Report a problem
11/8/2025	Price change	$1,475-1.7%$1/sqft
Source: Zillow Rentals Report a problem
11/5/2025	Price change	$1,500-6.3%$1/sqft
Source: Zillow Rentals Report a problem
10/17/2025	Listed for rent	$1,600$1/sqft
Source: Zillow Rentals Report a problem
12/8/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/19/2023	Price change	$1,600-3%$1/sqft
Source: Zillow Rentals Report a problem
11/10/2023	Price change	$1,650-2.9%$1/sqft
Source: Zillow Rentals Report a problem
11/3/2023	Listed for rent	$1,700+3.7%$1/sqft
Source: Zillow Rentals Report a problem
4/26/2023	Listing removed	--
Source: Zillow Rentals Report a problem
4/20/2023	Listed for rent	$1,640+2.5%$1/sqft
Source: Zillow Rentals Report a problem
4/19/2023	Listing removed	--
Source: Zillow Rentals Report a problem
4/12/2023	Price change	$1,600-3%$1/sqft
Source: Zillow Rentals Report a problem
3/19/2023	Listed for rent	$1,650$1/sqft
Source: Zillow Rentals Report a problem
4/19/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
4/9/2022	Price change	$1,650-2.9%$1/sqft
Source: Zillow Rental Manager Report a problem
3/30/2022	Price change	$1,700-2.9%$1/sqft
Source: Zillow Rental Manager Report a problem
3/24/2022	Listed for rent	$1,750+2.9%$1/sqft
Source: Zillow Rental Manager Report a problem
12/21/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
12/19/2021	Listed for rent	$1,700$1/sqft
Source: Zillow Rental Manager Report a problem
12/17/2021	Sold	$175,000+9.4%$108/sqft
Source: MAAR #10112888 Report a problem
11/22/2021	Pending sale	$159,900$99/sqft
Source: MAAR #10112888 Report a problem
11/18/2021	Listed for sale	$159,900+194.9%$99/sqft
Source: MAAR #10112888 Report a problem
9/2/2021	Sold	$54,224-45.5%$33/sqft
Source: Public Record Report a problem
6/28/1999	Sold	$99,500$61/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,548 +3.9%	$48,350 +29.8%
2024	$2,453 +8.1%	$37,250
2023	$2,269	$37,250
2022	--	$37,250 +48.6%
2021	--	$25,075 +36.1%
2020	$589	$18,425
2019	$589 -21.1%	$18,425
2018	$746 -45.1%	$18,425
2017	$1,360 +100.8%	$18,425 -7.5%
2016	$677 -16.2%	$19,925
2014	$808	$19,925
2013	--	$19,925 -21.4%
2012	--	$25,350
2011	--	$25,350
2010	--	$25,350
2009	--	$25,350 +4.6%
2008	--	$24,225
2007	--	$24,225
2006	--	$24,225
2005	--	$24,225 +9.9%
2004	--	$22,050
2003	--	$22,050
2002	--	$22,050
2001	--	$22,050 +7.4%
2000	--	$20,525