OFF MARKET

Off market oct 2024 for $205K

$238,733

Est. refi paymentEst. refi $1,464/mo

•

2 ba

•

1,419

sq ft

400 N Fernway Rd, Memphis, TN 38117

About this home

Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due diligence. Sold AS-IS.

Single-familyProperty Type

1954Year Built

0.34 acresLot Size

$168Est. Price/Sq.Ft.

1 spaceParking

Listed by Ryan Flannery • Premier Realty Group, LLC

Bought with Lisa Harris • Crye-Leike, Inc., REALTORS

Source:Memphis Area Association of Realtors(R) MLS #10171008

Redfin Estimate

$238,733

$34K since sold in October 2024$5,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 26.9% lower than the average sale price ($327K) of 6 comparable homes.

SOLD AUG 13, 2026
$300,000
A
3 beds2 baths— sq ft
313 Fernway Cv, Memphis, TN 38117
SOLD AUG 11, 2026
$290,000
B
3 beds2 baths1,222 sq ft
325 W Peg Ln, Memphis, TN 38117
Listing provided by realtracs
SOLD OCT 2, 2026
$345,000
C
3 beds2 baths— sq ft
5110 Verosa Ave, Memphis, TN 38117
SOLD SEP 22, 2026
$325,000
D
3 beds2 baths— sq ft
5007 Princeton Rd, Memphis, TN 38117
SOLD AUG 24, 2026
$359,900
E
3 beds2 baths1,587 sq ft
4973 Normandy Ln, Memphis, TN 38117
Listing provided by realtracs
SOLD JUN 24, 2026
$340,000
F
3 beds2 baths— sq ft
5168 Lynbar Ave, Memphis, TN 38117

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,682/mo

Redfin rental estimate

List your home for rent

Market trends in 38117, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.7%

1.0% MoM

Median sale price

$285K

$5K MoM

Avg. days on market

56d

20 days MoM

Recently sold homes

141

5 MoM

New listings for sale

$599,000
4 beds3 baths— sq ft
938 Audubon Dr, Memphis, TN 38117
OPEN SUN, 12:30PM TO 2:30PM
$325,000
4 beds2 baths— sq ft
5052 Whiteway Dr, Memphis, TN 38117
$341,000
4 beds3 baths— sq ft
4944 Princeton Grove Cv, Memphis, TN 38117
$167,900
3 beds1 bath— sq ft
1557 Hopewell Rd, Memphis, TN 38117
$228,000
3 beds2 baths— sq ft
5304 Quince Rd, Memphis, TN 38117
3D WALKTHROUGH
$695,000
5 beds4 baths— sq ft
4455 Tall Trees Dr, Memphis, TN 38117
$146,000
2 beds1 bath— sq ft
4794 Amboy Rd, Memphis, TN 38117
$167,000
3 beds1 bath1,019 sq ft
1022 S White Station Rd, Memphis, TN 38117
$180,000
3 beds1 bath— sq ft
1640 Cranford Rd, Memphis, TN 38117
$159,900
3 beds2 baths— sq ft
1718 S Perkins Rd, Memphis, TN 38117
See all

Provided by Redfin

Sale history for 400 N Fernway Rd

Date

Event

Price

Public Records

Oct 17, 2024

Sold

$205,000

$144/sq ft

Memphis Area Association of Realtors(R) MLS #10171008

Jun 13, 2024

Sold

$205,000

$144/sq ft

May 2, 2024

Price Changed

$214,900

$151/sq ft

Apr 26, 2024

Listed

$219,900

$155/sq ft

+18

Public Records

Apr 25, 2024

Sold

$165,000

$116/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,933 (−20.3%)

$11,975 + $43,675

$55,650

2024

$3,680 (+8.1%)

$11,975 + $43,675

$55,650

2023

$3,404

$11,975 + $43,900

$55,875

2022

$3,404 (−1.2%)

$11,975 + $43,900

$55,875

2021

$3,444 (+23.1%)

$11,975 + $43,900

$55,875

2020

$2,797

$11,975 + $43,900

$55,875

2019

$2,797

$10,150 + $28,450

$38,600

2018

$2,797 (+76.3%)

$10,150 + $28,450

$38,600

2017

$1,586 (+9.0%)

$10,150 + $28,450

$38,600

2016

$1,455

$10,150 + $28,450

$38,600

2014

$1,455

$9,200 + $24,100

$33,300

Tax history for 400 N Fernway Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,933 (−20.3%)

$11,975 + $43,675

$55,650

2024

$3,680 (+8.1%)

$11,975 + $43,675

$55,650

2023

$3,404

$11,975 + $43,900

$55,875

2022

$3,404 (−1.2%)

$11,975 + $43,900

$55,875

2021

$3,444 (+23.1%)

$11,975 + $43,900

$55,875

2020

$2,797

$11,975 + $43,900

$55,875

2019

$2,797

$10,150 + $28,450

$38,600

2018

$2,797 (+76.3%)

$10,150 + $28,450

$38,600

2017

$1,586 (+9.0%)

$10,150 + $28,450

$38,600

2016

$1,455

$10,150 + $28,450

$38,600

2014

$1,455

$9,200 + $24,100

$33,300

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

Zoning and permits

Zoning
Permits

R-10

Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 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

Property details

Interior

Basement Information
Basement Type: Crawl-Space

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Frame Brick
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip

Property Information
Subdivision Name: CHANDLER & CHANDLER VEROSA
Living Sq. Ft: 1,419
Ground Floor Sq. Ft: 1,419
Building Sq. Ft: 1,419
# of Stories: 1
Stories Type: 1

Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 256
Garage / Carport Type: Carport

Lot Information
# of Buildings: 1
Land Sq. Ft: 14,880
Legal Lot Number: 36&37
Municipality Name: MEMPHIS
Acres: 0.3416
Depth Footage: 120
Front Footage: 124
Zoning Code: R-10
County Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,419
Stories: 1.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Shelby County
APN: 064009 00001

Home facts updated by county records on Oct 22, 2026

Around this home

Schools

K - 12
Preschool & daycare

Richland Elementary School

Public PreK-5 • Assigned • 0.8mi

9/10

White Station Middle School

Public 6-8 • Assigned • 0.8mi

8/10

White Station High School

Public 9-12 • Assigned • 1.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 10-14% chance 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 109° expected this year, 21 days in 30 years

4/10 Wind Factor

18% 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 • 38117

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

$227,000 – $275,000

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

Nearby similar homes

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New listings for sale in 38117

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4 beds3 baths— sq ft

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OPEN SUN, 12:30PM TO 2:30PM

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4 beds2 baths— sq ft

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8,712 sq ft lot • Garage • Community pool

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4 beds3 baths— sq ft

4944 Princeton Grove Cv, Memphis, TN 38117

Painted brick • Engineered hardwood • Arched openings

$167,900

3 beds1 bath— sq ft

1557 Hopewell Rd, Memphis, TN 38117

Hardwood floors • New kitchen cabinets • Desirable location

$228,000

3 beds2 baths— sq ft

5304 Quince Rd, Memphis, TN 38117

Hardwood floors • Updated kitchen • Newer roof

3D WALKTHROUGH

$695,000

5 beds4 baths— sq ft

4455 Tall Trees Dr, Memphis, TN 38117

One floor • Renovated kitchen • Terrazzo floors

$146,000

2 beds1 bath— sq ft

4794 Amboy Rd, Memphis, TN 38117

Hardwood flooring • Central heat and air • Close to shopping

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3 beds1 bath1,019 sq ft

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Brick home • Hardwood floors • Updated kitchen

Listing provided by REALTRACS

$180,000

3 beds1 bath— sq ft

1640 Cranford Rd, Memphis, TN 38117

7,840 sq ft lot • Parking • Built 1959

Home values near 400 N Fernway Rd

Data from public records.

Address	Redfin Estimate
369 N Fernway Road, Memphis, TN 3 Beds \| 2 Baths \| - Sq. Ft.	$237,762
440 N Fernway Road, Memphis, TN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$302,333
382 N Fernway Road, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$242,192
390 N Fernway Road, Memphis, TN 2 Beds \| 1.5 Baths \| 1219 Sq. Ft.	$234,003
429 Leonora Drive, Memphis, TN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$282,643
5022 Sequoia Avenue, Memphis, TN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$255,614
5015 Sequoia Avenue, Memphis, TN 3 Beds \| 2 Baths \| - Sq. Ft.	$249,307

Address	Redfin Estimate
425 N Fernway Road, Memphis, TN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$247,969
368 N Fernway Road, Memphis, TN 2 Beds \| 1 Baths \| 1007 Sq. Ft.	$225,920
428 N Fernway Road, Memphis, TN 3 Beds \| 1 Baths \| 1303 Sq. Ft.	$204,218
383 N Fernway Road, Memphis, TN 2 Beds \| 1 Baths \| 1055 Sq. Ft.	$187,265
5035 Sequoia Avenue, Memphis, TN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$291,971
5024 Lynbar Avenue, Memphis, TN 3 Beds \| 1.5 Baths \| 1600 Sq. Ft.	$238,868
5028 Sequoia Avenue, Memphis, TN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$275,537

Address	Redfin Estimate
434 N Fernway Road, Memphis, TN 3 Beds \| 2 Baths \| - Sq. Ft.	$358,627
376 N Fernway Road, Memphis, TN 3 Beds \| 2 Baths \| - Sq. Ft.	$248,480
418 N Fernway Road, Memphis, TN 3 Beds \| 1 Baths \| 1536 Sq. Ft.	$222,842
391 N Fernway Road, Memphis, TN 3 Beds \| 1 Baths \| 1734 Sq. Ft.	$222,932
5027 Sequoia Avenue, Memphis, TN 3 Beds \| 2 Baths \| - Sq. Ft.	$257,191
383 Leonora Drive, Memphis, TN 3 Beds \| 2 Baths \| 1800 Sq. Ft.	$288,157
371 Leonora Drive, Memphis, TN 4 Beds \| 3 Baths \| 2400 Sq. Ft.	$400,543

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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 38117, TN

Sale history for 400 N Fernway Rd

Tax history for 400 N Fernway Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38117

Home values near 400 N Fernway Rd

More real estate resources