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8218 Penny Ln

Memphis, TN 38053

4 bd 2 ba Built 1972 Lot 10,890 sqft single_family
Most recent sale
$151,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $151,000 MLS #10128141
Jul 20, 2022 Price changed $158,900 MLS #10128141
Jul 17, 2022 Price changed $159,250 MLS #10128141
Jul 15, 2022 Price changed $159,500 MLS #10128141
Jul 12, 2022 Price changed $159,750 MLS #10128141
Jul 7, 2022 Listed $159,900 MLS #10128141
Jun 29, 2022 Sold $83,500 Public Record
Jun 15, 2022 Sold $83,500 MLS #10123815
Jun 2, 2022 Sold $50,000 Public Record
May 12, 2022 Listed $89,900 MLS #10123815
Jan 1, 1989 Sold $31,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,100 $4,500 $40,600 $1,092
2024 $36,100 $4,500 $40,600 $790
2023 $20,450 $2,875 $23,325 $790
2022 $12,700 $2,875 $15,575 $527
2021 $12,700 $2,875 $15,575 $537
2020 $11,700 $2,875 $14,575 $590
2019 $11,700 $2,875 $14,575 $590
2018 $11,700 $2,875 $14,575 $590
2017 $11,700 $2,875 $14,575 $599
2016 $10,700 $2,875 $13,575 $593
2012 $14,500 $2,875 $17,375 $705
2010 $14,500 $2,875 $17,375 $705
2007 $17,125 $1,925 $19,050 $779
2006 $17,125 $1,925 $19,050 $779

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
Lot size
10,890 sqft
ZIP code
38053
City
Memphis
Street
Penny Ln
Coordinates
35.35058, -89.73411

Frequently asked questions

When did 8218 Penny Ln last sell?
8218 Penny Ln most recently sold on Sep 23, 2022 for $151,000.
What is the current tax assessment for 8218 Penny Ln?
The most recent total assessment for 8218 Penny Ln (year 2025) is $40,600 with $1,092 in property tax.
How does 8218 Penny Ln's assessment compare to its last sale price?
The current assessment is 73.1% below the last sale price of $151,000.
When was 8218 Penny Ln built?
8218 Penny Ln was built in 1972.
How does 8218 Penny Ln compare to others on Penny Ln?
We do not currently track other properties on Penny Ln.
What are the property facts for 8218 Penny Ln?
8218 Penny Ln is a 4 bed, 2 bath, 10,890 sqft lot single_family.
Is 8218 Penny Ln a flip candidate?
Yes — 8218 Penny Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8218 Penny Ln a tax-appeal candidate?
No — 8218 Penny Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$283.9K
2026 Q4
$283.9K
ZIP 38053 — Median Price History + Forecast

Explore nearby