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5476 Park Ave, Memphis, TN, 38119

3beds
3baths
1,998sqft
$475,000
$238price/sqft
$3,351/moest. monthly cost
$134,040/yrincome needed

About This Home

$10,000 Builder Credit & 4.75 Interest Rate Offered! East End Village is an exclusive community of 26 luxury townhomes in the heart of East Memphis. Behind the gates, each residence showcases a modern open floor plan featuring wood floors & 10 ft ceilings down. Boasting A designer kitchen with quartz countertops/island and Bosch appliances. Our Montgomery floor plan, offers a downstairs primary suite with spa-inspired bath incl. frameless walk-in shower and double vanity, plus a private rooftop patio perfect for entertaining. Two-car garage and premium finishes throughout. Designed by Shapiro & Co Architects and built by Vesta Award–winning builder Griffin Elkington, these quality built townhomes set a new standard for East Memphis living. Builder incentives available for a limited time. Prime East Memphis location.

Getting Around

54
WalkingSomewhat Walkable
29
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

4/10
6/10
Colonial Middle SchoolGrades 6-81.4 mi
8/10
White Station High SchoolGrades 9-121.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Construction materials: Brick Veneer

Other

  • Builder name: Griffin Elkington

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Range/Oven,Cooktop,Disposal,Dishwasher,Microwave
  • Laundry features: Laundry Closet

Bedroom2

  • Features: Carpet,Walk-In Closet(s)
  • Level: Second
  • Area: 156

Bedroom3

  • Features: Built-in Features,Carpet
  • Area: 156

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Primary Up,Luxury Primary Bath,Double Vanity Bath,Full Bath Down,Half Bath Down,High Ceilings,Square Feet Source: Floor Plans (Builder/Architecture)
  • Flooring: Part Hardwood
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,998 sqft

Kitchen

  • Features: Eat-in Kitchen,Kitchen Island
  • Area: 189

Living Room

  • Area: 324

Master Bathroom

  • Features: Double Vanity,Tile Floor,Full Bath

Master Bedroom

  • Features: Built-In Cabinets/Bkcases,Smooth Ceiling,Walk-In Closet(s)
  • Level: Second
  • Area: 234

Property

Details

  • Parcel number: 067086C00008
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered Patio
  • Exterior features: Balcony,Pet Area
  • Fencing: Wrought Iron,Iron Fence

Lot

  • Lot size: 2,245 sqft
  • Features: Professionally Landscaped
  • Lot size dimensions: 2,245 SQ FT

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Rear
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Earthquake
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance $392$4,704
Property Taxes $383$4,596
Electricity $175$2,103
Total$3,351$40,212

Income You'd Need if You Spent...

35% on housing$114,891/yr
40% on housing$100,530/yr
45% on housing$89,360/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 38119$129
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38119$145
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-08Price change$479,000
2025-11-20Listed for sale$485,000
2025-02-10Sold$585,000
2021-08-12Sold$215,000
2021-03-24Listing removed--
2018-12-22Listing removed$150,000
2018-12-15Listed for sale$150,000

New Construction Spec

AgentBeau C Elkington
BrokerageRiver City Land Co., LLC

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