Briscoe Ellett III

5179 Peg Ln

Memphis, TN
$ 369,900 Beds 3 Baths 2 Sq 2,136
Monthly Estimate* How much can I afford?

This beautiful East Memphis home is nestled on a large corner lot with lush landscaping and wonderful curb appeal. A 2-car carport and adjoining patio offer convenient access to the spacious den. Inside, gleaming hardwood floors welcome you into the living room with a fireplace, which could also serve as a formal dining room for larger gatherings. The current dining area flows into a family-sized den featuring a second fireplace and charming wood ceiling beams. The updated kitchen offers granite countertops, abundant cabinetry and great appliances. A large laundry room includes a sink, pantry storage and carport access. Three spacious bedrooms include a primary suite with a private full bath and granite countertop, plus a second full bath for the additional bedrooms. Out back, enjoy beautiful landscaping, a stone walking path, open patio and pergola—perfect for relaxing or entertaining. Don't let this East Memphis gem slip away!

Single Family

  • Price
  • $ 369,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • White Station
  • Lot Size
  • 0.26 Acres
  • Zip
  • 38117
  • Sqr Footage
  • 2,136
  • Year Built
  • 1956
  • Taxes
  • $ 4759
  • Style
  • Traditional
  • MLS#
  • 10228662
Listed By: REMAX Experts
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Ceiling Fan(s),Central
Fireplaces 2
Status Active
Full Baths 2
Other Rooms Attic,Laundry Room
Legal Subdivision Name NORMANDY MEADOWS 1ST ADDN
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 756A
Parcel Number 064025 00003
Status Active
Annual City Tax 2330
Annual County Tax 2429
Sale/Rent For Sale
Area White Station
Service Type Full Service Listing
Neighborhood Association None
Year Built 1956
Directions From Walnut Grove turn north on White Station turn left onto on to Peg Ln. Home is on the corner of Peg and Matilda.
City Memphis
DOM 37

Interior Features

Dining Room 11x15
Living Room Breakfast Bar,Eat-In Kitchen,Pantry,Separate Breakfast Room,Separate Den,Separate Living Room,Updated/Renovated Kitchen
Kitchen Dimensions 15x10
Living Room Dimensions 23x13
Bedroom 3 Dimensions 11x11
Bedroom 2 Dimensions 11x11
Beds 3
Total Baths 2
Fireplace In Den/Great Room,In Living Room
Number of Rooms 7
Downstairs Bedrooms 3
Breakfast Dimensions 8x10
MISC. INTERIOR Walk-In Closet(s)
FLOORS/CEILINGS 9 or more Ft. Ceiling,Part Hardwood,Tile
INTERIOR EQUIPMENT Cooktop,Dishwasher,Disposal,Double Oven,Microwave,Range/Oven
BEDROOM 3 DESCRIPTION Hardwood Floor,Level 1,Shared Bath
BEDROOM 2 DESCRIPTION Hardwood Floor,Level 1,Shared Bath

Exterior Features

Foundation Slab
Pool None
Lot 89
Lot Size Area 0.26
Water & Sewer Gas Water Heater,Public Sewer,Public Water
Lot Size 85X90
Parking Display C2A
Lot Description Corner,Landscaped,Some Trees,Wood Fenced
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs,Auto Lawn Sprinkler,Storage Building,Patio,Wood Fence,Pergola

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/19/2026 Listed $409,000
8/28/2026 3% - $399,000
9/11/2026 3% - $389,000
9/24/2026 5% - $369,900

Property vs Zip Code Average in 38117

Price
AVG $370K
$370K
Taxes
AVG $6,430
$4,759
Year Built
AVG 1960
1956
Visits
AVG 78
32
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

5179 Peg Ln Memphis, TN is a Single Family Home for sale at $369900 with 2136 sqft and a lot size of 0.26 Acres Acre(s). 5179 Peg Ln Memphis has 3 bedrooms, 2 baths and was built in 1956. The property's zip code is 38117 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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