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306 W Peg Ln; Memphis, TN Property Details

306 W Peg Ln, Memphis, TN is a Single Family that was built in 1954. This property is currently a cash purchase and is not for sale. Our records show that 306 W Peg Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,699 square feet. The lot size of 306 W Peg Ln is 10,168 square feet.

Off market
306 W Peg Ln Memphis, TN 38117
$64,775 Estimated Value
3 Beds
2 Baths
1,699 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $162,500
  • Open Loans / Balance: 1 / $103,707
  • Est. Equity / %: $229,293 / 68.86%
  • Gross Yield: 7.975%
  • APN: 06-4011-0-0022
  • Situs County: Shelby
  • Length Of Ownership: 16 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,699/SqFt
  • Lot: 10,168/SqFt
  • Gross: 1,699/SqFt
  • Garage: 231/SqFt
  • Living: 1,699/SqFt
  • Building: 1,699/SqFt
  • Ground: 1,346/SqFt
  • Price Per Square Foot: $95.64
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.139374 / -89.89597
  • Subdivision: Mendenhall Acres First Addition
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2014
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Name: First Addition To Mendenhall Acres Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

306 W Peg Ln has no associated ownership info
306 W Peg Ln has no associated ownership info.

Taxes

306 W Peg Ln has 10 associated Taxes items

306 W Peg Ln, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $64,775. The APN we've located for 306 W Peg Ln is 06-4011-0-0022.

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Taxes
  • Assessed Value:  $64,775
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  06-4011-0-0022
  • Assessed Land Value:  10925
  • Market Land Value:  43700
  • Tax Amount:  1742.45
  • Tax Year:  2025
  • Market Value:  259100
  • Market Year:  2025

Tax History

306 W Peg Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,775 Land Value $10,925 Improvement Value $53,850 Tax Amount $1,742.45 Change Rate -0.165929% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,089.09 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $61,625 Land Value $10,925 Improvement Value $50,700 Tax Amount $2,089.09 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $61,625 Land Value $10,925 Improvement Value $50,700 Tax Amount $3,753.98 Change Rate -0.011583% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $61,625 Land Value $10,925 Improvement Value $50,700 Tax Amount $3,797.97 Change Rate +0.155146% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $45,375 Land Value $9,275 Improvement Value $36,100 Tax Amount $3,287.87 Change Rate +1.276004% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $45,200 Land Value $9,275 Improvement Value $35,925 Tax Amount $1,444.58 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $45,200 Land Value $9,275 Improvement Value $35,925 Tax Amount $1,444.58 Change Rate -0.023081% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $45,200 Land Value $9,275 Improvement Value $35,925 Tax Amount $1,478.71 Change Rate +0.051789% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $41,350 Land Value Improvement Value Tax Amount $1,405.9 Change Rate -0.22197% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $41,350 Land Value Improvement Value Tax Amount $1,807 Change Rate +0.43274% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,261.22 Change Rate Assessed CR Tax Rate