OFF MARKET

Off market jan 2021 for $740K

$1,129,312

Est. refi paymentEst. refi $4,783/mo

•

—

sq ft

388 S Shady Grove Rd, Memphis, TN 38120

About this home

REDUCED! Classic Tudor Revival on stunning ~1acre grounds with gorgeous gunite pool and pool house. Downstairs Master Wing features office|study w/ fp, sitting room, private screened porch, dual baths, large walk-ins, and rare spa room – a truly fabulous retreat. Soaring, beamed LR ceiling with wall of windows overlooking grounds. Kitchen: granite, original St. Charles cabinetry, and top appl: Viking, SubZero, Kitchen-Aid. All beds have private bath. Entertainer’s dream.

Single-familyProperty Type

1977Year Built

0.91 acresLot Size

2 car garageParking

Listed by • Hobson Realtors

Contact: 9012891890

Redfin checked: 3 minutes ago

•Source:REALTRACS as Distributed by MLS Grid #3161581

Redfin Estimate

$1,129,312

$389K since sold in January 2021$13K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.5% higher than the average sale price ($969K) of 6 comparable homes.

SOLD APR 29, 2026
$975,000
A
4 beds3.5 baths— sq ft
6394 River Tide Cv, Memphis, TN 38120
SOLD SEP 24, 2026
$615,000
B
4 beds3 baths— sq ft
1290 Pebble Creek Ln, Memphis, TN 38120
SOLD JUL 27, 2026
$1,100,000
C
5 beds5 baths— sq ft
6417 River Tide Cv, Memphis, TN 38120
SOLD OCT 30, 2025
$900,000
D
4 beds3.5 baths— sq ft
6280 E Shady Grove Rd, Memphis, TN 38120
SOLD AUG 4, 2026
$825,000
E
4 beds3.5 baths3,973 sq ft
811 Sweetbrier Rd, Memphis, TN 38120
SOLD OCT 31, 2025
$1,400,000
F
5 beds5.5 baths— sq ft
415 S Shady Grove Rd, Memphis, TN 38120

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,431/mo

Redfin rental estimate

List your home for rent

Market trends in 38120, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.5%

0.3% MoM

Median sale price

$440K

$15K MoM

Avg. days on market

31d

4 days MoM

Recently sold homes

8 MoM

New listings for sale

$1,150,000
5 beds4.5 baths— sq ft
5349 N Clover Dr, Memphis, TN 38120
$79,000
1 bed1 bath— sq ft
6761 Quail Hollow Ct #3, Memphis, TN 38120
$469,000
4 beds2.5 baths— sq ft
5237 N Lexington Park Cir, Memphis, TN 38120
$875,000
5 beds5.5 baths— sq ft
6326 Maison Privee Cv, Memphis, TN 38120
3D WALKTHROUGH
$435,000
4 beds2 baths— sq ft
5262 Southwood Dr, Memphis, TN 38120
$489,000
3 beds2.5 baths— sq ft
725 Eventide Dr #34, Memphis, TN 38120
OPEN SUN, 2PM TO 4PM
$350,000
3 beds2.5 baths— sq ft
5705 Normandy Rd, Memphis, TN 38120
See all

Provided by Redfin

Sale history for 388 S Shady Grove Rd

Date

Event

Price

REALTRACS as Distributed by MLS Grid #3161581

Jan 5, 2021

Sold

$740,000

Dec 18, 2020

Listed

$799,000

Memphis Area Association of Realtors(R) MLS #10078529

Jan 5, 2021

Sold

$740,000

Oct 26, 2020

Price Changed

$799,000

Oct 3, 2020

Price Changed

$815,000

Sep 17, 2020

Price Changed

$825,000

Aug 17, 2020

Price Changed

$840,000

Jul 30, 2020

Price Changed

$850,000

Jul 2, 2020

Price Changed

$855,000

Jun 13, 2020

Listed

$860,000

+20

Memphis Area Association of Realtors(R) MLS #1

Jan 23, 2020

Price Changed

$899,000

Dec 5, 2019

Price Changed

$922,000

Nov 26, 2019

Price Changed

$922,500

Nov 7, 2019

Price Changed

$927,500

Memphis Area Association of Realtors(R) MLS #9900905

Jul 20, 1999

Sold

$679,000

Jan 18, 1999

Listed

$695,000

Public Records

Jul 22, 1998

Sold

$700,000

Memphis Area Association of Realtors(R) MLS #9809237

May 20, 1998

Listed

$689,000

Year

Property tax

Land + Additions

Assessment*

2025

$14,765 (+15.9%)

$94,150 + $185,975

$280,125

2024

$12,735 (+8.1%)

$94,150 + $185,975

$280,125

2023

$11,780

$94,150 + $99,225

$193,375

2022

$11,780 (−1.2%)

$94,150 + $99,225

$193,375

2021

$11,918 (−29.5%)

$94,150 + $99,225

$193,375

2020

$16,914

$94,150 + $99,225

$193,375

2019

$16,914

$94,150 + $139,275

$233,425

2018

$16,914 (+76.3%)

$94,150 + $139,275

$233,425

2017

$9,594 (+10.6%)

$94,150 + $139,275

$233,425

2016

$8,675

$94,150 + $139,275

$233,425

2014

$8,675

$94,150 + $104,375

$198,525

Tax history for 388 S Shady Grove Rd

Year

Property tax

Land + Additions

Assessment*

2025

$14,765 (+15.9%)

$94,150 + $185,975

$280,125

2024

$12,735 (+8.1%)

$94,150 + $185,975

$280,125

2023

$11,780

$94,150 + $99,225

$193,375

2022

$11,780 (−1.2%)

$94,150 + $99,225

$193,375

2021

$11,918 (−29.5%)

$94,150 + $99,225

$193,375

2020

$16,914

$94,150 + $99,225

$193,375

2019

$16,914

$94,150 + $139,275

$233,425

2018

$16,914 (+76.3%)

$94,150 + $139,275

$233,425

2017

$9,594 (+10.6%)

$94,150 + $139,275

$233,425

2016

$8,675

$94,150 + $139,275

$233,425

2014

$8,675

$94,150 + $104,375

$198,525

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

1.5

Lot width

200 ft.

Lot depth

200 ft.

Lot size

0.92 Acres

Year renovated

—

Sq. Ft.

6,021

Year built

1977

Style

Single Family Residential

County

Shelby County

APN

080008 00155

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

R-15

Residential Single-Family-15 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-15 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-15 districts are generally located at least 1,500 to 2,000 ft from a CMU-1, CMU-2, CMU-3 or CBD district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space

Jul 20, 2023 • Final

Residential mechanical

Install a complete heating and air conditioning system.

HVAC

May 15, 2023 • Final

Residential electrical

Perform electrical work for a package unit replacement.

Electrical

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Covered Spaces: 2
Parking Total: 2
Parking Features: Garage Door Opener, Garage Faces Side, Parking Pad
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 5
# of Half Baths (Total): 2

Room 1 Information
Room Type: Bedroom 1
Room Features: Full Bath
Room Dimensions: 20x15

Room 2 Information
Room Type: Bedroom 2
Room Features: Bath
Room Dimensions: 17x14

Room 3 Information
Room Type: Bedroom 3
Room Features: Bath
Room Dimensions: 17x13

Room 4 Information
Room Type: Bedroom 4
Room Features: Bath
Room Dimensions: 17x13

Room 5 Information
Room Type: Master Bathroom
Room Features: Double Vanity

Room 6 Information
Room Type: Den
Room Dimensions: 17x15

Room 7 Information
Room Type: Dining Room
Room Dimensions: 23x17

Room 8 Information
Room Type: Kitchen
Room Dimensions: 15x13

Room 9 Information
Room Type: Living Room
Room Dimensions: 29x17

Room 10 Information
Room Type: Other Room

Basement Information
Basement Features: Exterior Entry, Partial, Other

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Living Room, Gas

Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air

Interior Features
Interior Features: Walk-in Closet(s), Wet Bar, High Ceilings, Pantry, Built-in Features
Appliances: Ice Maker, Dishwasher, Disposal, Refrigerator, Double Oven, Gas Range, Gas Oven
Flooring: Carpet, Wood, Marble, Tile

Exterior

Building Information
Roof: Wood, Shake

Exterior Features
Patio And Porch Features: Patio, Porch

Pool Information
Has Private Pool
Pool Features: In Ground

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet

Lot Information
Lot Size Area: 0.91
Lot Size Units: Acres
Lot Size Acres: 0.91
Lot Size Dimensions: 200 X 200

Financial

Tax Information
Tax Annual Amount: $15,426

Location

Location Information
Directions: From Poplar & S. Shady Grove (at Regalia): Turn North on S. Shady Grove; continue north; the home is on the right. From Walnut Grove: Turn South on Brierview; turn left onto E. Shady Grove; turn right onto S. Shady Grove; the home is on the left.

Public facts

Beds: 4
Baths: 6.0
Sq. Ft.: 6,021
Stories: 1.5
Lot Size: 0.92 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: —
County: Shelby County
APN: 080008 00155

Home facts updated by county records on Jul 14, 2026

Other

Home Information
Living Area Units: Square Feet
Building Area Units: Square Feet
Foundation Details: Slab
Year Built Details: Existing
Levels: Three Or More
Security Features: Security System

Around this home

Schools

Ridgeway/Balmoral Elementary School

Public K-5 • Assigned • 2.9mi

6/10

Ridgeway Middle School

Public 6-8 • Assigned • 2.9mi

3/10

White Station High School

Public 9-12 • Assigned • 2.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 110° expected this year, 20 days in 30 years

4/10 Wind Factor

22% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38120

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.07M – $1.30M

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

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3 beds2.5 baths— sq ft

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OPEN SUN, 2PM TO 4PM

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Home values near 388 S Shady Grove Rd

Data from public records.

Address	Redfin Estimate
6079 Shady Grove Rd, Memphis, TN 5 Beds \| 4.5 Baths \| 6000 Sq. Ft.	$1,180,624
6099 Shady Grove Rd, Memphis, TN 7 Beds \| 8.5 Baths \| 7296 Sq. Ft.	$1,216,637

Address	Redfin Estimate
385 Shady Grove Rd S, Memphis, TN 4 Beds \| 5 Baths \| 6009 Sq. Ft.	$937,573
400 Shady Grove Rd S, Memphis, TN 4 Beds \| 6 Baths \| - Sq. Ft.	$1,323,809

Address	Redfin Estimate
415 Shady Grove Rd S, Memphis, TN 5 Beds \| 5.5 Baths \| - Sq. Ft.	$1,404,785
6149 Shady Grove Rd E, Memphis, TN 3 Beds \| 3.5 Baths \| - Sq. Ft.	$883,634

Property information provided by REALTRACS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38120, TN

Sale history for 388 S Shady Grove Rd

Tax history for 388 S Shady Grove Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38120

Home values near 388 S Shady Grove Rd

More real estate resources