See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1846 Pheasant Ln, Memphis, TN, 38116

2beds
2baths
1,808sqft
$269,000
$149price/sqft
$2,142/moest. monthly cost
$85,680/yrincome needed

About This Home

Cozy lifestyle. Home ready for a new owner! Gated community. 2 large bedrooms-1 with ensuite. New roof, new flooring in kitchen, dining & great room. New fans with remotes in bedrooms. New skylight with privacy retractable closer. Double garage on rear-plus circular driveway in front. $400 annual HOA fee for gate & private streets. Kitchen with new countertops, backsplash, appliances, lights & ceiling fan. Move right in!

Getting Around

45
WalkingCar-Dependent
19
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

7/10
5/10
Cordova Middle SchoolGrades 6-82.4 mi
4/10
Cordova High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Range/Oven,Disposal,Dishwasher,Microwave,Refrigerator
  • Laundry features: Laundry Room

Bedroom2

  • Features: Walk-In Closet(s),Shared Bath,Carpet
  • Level: First
  • Area: 165

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Separate Dining Room
  • Area: 143

Features

  • All Bedrooms Down,1 or More BR Down,Primary Down,Luxury Primary Bath,Double Vanity Bath,Separate Tub & Shower,Sky Light(s) in Bath,Sprayed Ceiling,Vaulted/Coff/Tray Ceiling,Walk-In Closet(s),Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,2 or More Baths,Laundry Room,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Door features: Storm Door(s)
  • Window features: Aluminum Frames,Double Pane Windows,Window Treatments
  • Flooring: Wood Laminate Floors,Part Carpet,Tile,Parquet
  • Number of fireplaces: 1
  • Fireplace features: Factory Built,Ventless,Living Room,Gas Log
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 1,808 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,Eat-in Kitchen,Pantry
  • Area: 90

Living Room

  • Features: Separate Living Room
  • Area: 315

Master Bathroom

  • Features: Double Vanity,Whirlpool Tub,Separate Shower,Vaulted/Coffered Ceiling,Tile Floor,Full Bath

Master Bedroom

  • Features: Walk-In Closet(s),Carpet
  • Level: First
  • Area: 255

Property

Details

  • Parcel number: 096514 F00012

Features

  • Stories: 1
  • Pool features: Neighborhood
  • Patio & porch: Patio
  • Has spa: Yes
  • Spa features: Whirlpool(s),Bath
  • Fencing: Chain Link,Chain Fence

Lot

  • Lot size: 5,227 sqft
  • Features: Landscaped
  • Lot size dimensions: 53 x 101

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad,Circular Driveway,Garage Door Opener,Garage Faces Rear
  • Has garage: Yes
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Earthquake
Heat Wave
Inland Flooding
Lightning

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 $1,360$16,320
Home Insurance $390$4,680
Property Taxes $217$2,604
Electricity $175$2,103
Total$2,142$25,704

Income You'd Need if You Spent...

35% on housing$73,440/yr
40% on housing$64,260/yr
45% on housing$57,120/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

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 38116$71
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38116$94
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
2026-06-22Price change$269,000
2026-06-03Listed for sale$289,000

For Sale by Agent

AgentSue L Stinson-Turner
BrokerageCrye-Leike, Inc., REALTORS

Similar Homes