8233 Penny Ln
Millington, TN 38053
3 bd 1 ba 987 sqft Built 1972 Lot 11,200 sqft single_family
Most recent sale
$84,000
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 5, 2024 | Sold | $109,000 | Public Record |
| Dec 7, 2022 | Listed | $140,000 | Memphis |
| Sep 19, 2022 | Sold | $84,000 | Public Record |
| Sep 7, 2022 | Sold | $84,000 | MLS #10128969 |
| Jul 29, 2022 | Price changed | $94,900 | MLS #10128969 |
| Jul 18, 2022 | Listed | $99,900 | MLS #10128969 |
| Aug 13, 2021 | Listed for rent | $825 | AppfolioUnits |
| Apr 4, 2013 | Sold | $32,300 | Public Record |
| Jan 31, 2013 | Listing removed | $19,900 | Memphis |
| Jan 2, 2013 | Price changed | $19,900 | MLS #3260013 |
| Nov 17, 2012 | Listed | $29,900 | MLS #3260013 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $23,000 | $4,500 | $27,500 | $739 |
| 2024 | $23,000 | $4,500 | $27,500 | $472 |
| 2023 | $11,075 | $2,875 | $13,950 | $472 |
| 2022 | $11,075 | $2,875 | $13,950 | $472 |
| 2021 | $11,075 | $2,875 | $13,950 | $481 |
| 2020 | $10,250 | $2,875 | $13,125 | $532 |
| 2019 | $10,250 | $2,875 | $13,125 | $532 |
| 2018 | $10,250 | $2,875 | $13,125 | $532 |
| 2017 | $10,250 | $2,875 | $13,125 | $539 |
| 2016 | $9,325 | $2,875 | $12,200 | $533 |
| 2012 | $12,650 | $2,875 | $15,525 | $630 |
| 2010 | $12,650 | $2,875 | $15,525 | $630 |
| 2007 | $15,375 | $1,925 | $17,300 | $707 |
| 2006 | $15,375 | $1,925 | $17,300 | $707 |
Property facts
Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
987 sqft
Lot size
11,200 sqft
ZIP code
38053
City
Millington
Street
Penny Ln
Coordinates
35.35101, -89.73474
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$504
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8233 Penny Ln last sell?
8233 Penny Ln most recently sold on Sep 19, 2022 for $84,000.
What is the current tax assessment for 8233 Penny Ln?
The most recent total assessment for 8233 Penny Ln (year 2025) is $27,500 with $739 in property tax.
How does 8233 Penny Ln's assessment compare to its last sale price?
The current assessment is 67.3% below the last sale price of $84,000.
When was 8233 Penny Ln built?
8233 Penny Ln was built in 1972.
How does 8233 Penny Ln compare to others on Penny Ln?
We track 5 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 8233 Penny Ln?
8233 Penny Ln is a 3 bed, 1 bath, 987 sqft, 11,200 sqft lot single_family.
Is 8233 Penny Ln a flip candidate?
Yes — 8233 Penny Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8233 Penny Ln a tax-appeal candidate?
No — 8233 Penny Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$283.9K
2026 Q4
$283.9K
ZIP 38053 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penny Ln