INCREDIBLE DEAL! Sitting on almost a 1/2 acre in the middle of the highly sought-after Hedgemoor neighborhood of East Memphis, this home has been taken down to the studs and completely redesigned inside and out! It now features 5 bedrooms (4 down and 3 are en-suite) and 5.5 baths! SO many NEW details including roof, electrical, plumbing (even the sewer line to the street!), hardwood, tile, hvacs (3 total), insulation, windows, water heaters, fence, and automatic gate to the garage parking. Additional front guest parking pad has recently been added! Ready for entertainment with an expansive new kitchen, two living spaces, and a brand new deck. Upstairs space has been added to provide a bedroom, bath and den, which would be great for a teen, college, or in-law suite. The charm of Hedgemoor plus all of these NEW features at this new price equals an unbelievable opportunity!!
Single-familyProperty Type
1950Year Built
0.46 acresLot Size
2 spacesParking
Listed by Julianne Carney• Keller Williams
Bought with Sandra Villamil• Keller Williams Realty
Est. $2,851 per month, based on comparable rentals
Sale and tax history for 59 Devon Way
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10210655
Jun 29, 2026
Sold
$999,900
May 18, 2026
Price Changed
$999,900
May 16, 2026
Price Changed
$1,097,900
May 15, 2026
Price Changed
$1,098,900
May 7, 2026
Price Changed
$1,099,900
Apr 29, 2026
Price Changed
$1,120,000
Apr 28, 2026
Price Changed
$1,121,000
Apr 25, 2026
Price Changed
$1,122,000
Apr 25, 2026
Price Changed
$1,123,000
Apr 23, 2026
Price Changed
$1,124,000
Apr 2, 2026
Price Changed
$1,125,000
Feb 28, 2026
Price Changed
$1,149,500
Jan 22, 2026
Price Changed
$1,185,000
Dec 6, 2025
Listed
$1,195,000
Memphis Area Association of Realtors(R) MLS #10167355
Mar 3, 2025
Sold
$450,000
Jan 7, 2025
Price Changed
$499,000
Jan 6, 2025
Price Changed
$549,000
Oct 5, 2024
Price Changed
$599,000
Mar 7, 2024
Listed
$650,000
Amazing opportunity to build your dream home or renovate existinng home in historic Hedgemoor neighborhood. Corner lot. Property is being sold "As-Is" and has been fully gutted in anticipation of a renovation. Owner/Agent
REALTRACS as Distributed by MLS Grid #3161330
Nov 4, 2021
Sold
$525,000
Feb 17, 2021
Listed
$499,000
+7
Wonderful Lot to build your dream home or renovate existing home. Property is being sold "AS IS".
Memphis Area Association of Realtors(R) MLS #10093726
Nov 4, 2021
Sold
$525,000
Feb 10, 2021
Listed
$499,000
Year
Property tax
Land + Additions
Assessment*
2025
$7,178 (−17.5%)
$61,400 + $74,775
$136,175
2024
$8,696 (+8.1%)
$61,400 + $74,775
$136,175
2023
$8,044
$61,400 + $70,650
$132,050
2022
$8,044 (−1.2%)
$61,400 + $70,650
$132,050
2021
$8,138 (−3.2%)
$61,400 + $70,650
$132,050
2020
$8,409
$61,400 + $70,650
$132,050
2019
$8,409
$61,400 + $54,650
$116,050
2018
$8,409 (+76.3%)
$61,400 + $54,650
$116,050
2017
$4,770 (−2.4%)
$61,400 + $54,650
$116,050
2016
$4,888
$61,400 + $54,650
$116,050
2014
$4,888
$61,400 + $68,650
$130,050
Public record
Public record
Zoning
Permits
Beds
2
Baths
3
Stories
1.2
Lot width
79 ft.
Lot depth
255 ft.
Lot size
0.46 Acres
Year renovated
—
Sq. Ft.
3,454
Year built
1950
Style
Single Family Residential
County
Shelby County
APN
044119 00016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
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
Nov 10, 2025 • Final
Residential mechanical
Install central heating and air conditioning.
HVAC
Nov 10, 2025 • Final
Residential mechanical
Install gas lines for two heating and air conditioning systems, two water heaters, and one stove.
Gas
HVAC
Plumbing
Water heater
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
# of Covered Parking Spaces: 2
Parking/Storage: Back-Load Garage, Driveway/Pad, Garage Door Opener(s), Gated Parking
Floors/Ceilings: Tile, Marble/Terrazzo, Part Carpet, Part Hardwood, Smooth Ceiling
Fireplace: In Den/Great Room, In Living Room
Room Information
Living Room Dimensions: 24 x 13
Dining Room Dimensions: 14 x 12
Den/Great Room Dimensions: 15 x 17
Kitchen Dimensions: 18x14
Dining Room Dimensions: 14x12
Breakfast Dimensions: 12x12
Living Room Dimensions: 24x13
Living/Dining/Kitchen: Island In Kitchen, Pantry, Separate Breakfast Room, Separate Den, Separate Dining Room, Separate Living Room, Updated/Renovated Kitchen, Washer/Dryer Connections
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2025. This data may not match public records. Learn more.