For sale

Price cut: $10K (1/21)

$1,185,000

59 Devon Way, Memphis, TN 38111

5beds

4,000sqft

Est.:

Single Family Residence

Built in 1950

0.46 Acres Lot

$-- Zestimate^®

$296/sqft

$-- HOA

What's special

Expansive new kitchenTwo living spacesBrand new deck

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. 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 equals an unbelievable opportunity!!

76 days

1,121

32

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Rooms

Room types: Bonus Room, Attic

Primary bedroom

Features: Hardwood Floor, Smooth Ceiling, Walk-In Closet(s)
Level: First
Area: 224
Dimensions: 14 x 16

Bedroom 2

Features: Hardwood Floor, Private Full Bath, Smooth Ceiling
Level: First
Area: 180
Dimensions: 12 x 15

Bedroom 3

Features: Hardwood Floor, Private Full Bath, Smooth Ceiling
Level: First
Area: 195
Dimensions: 13 x 15

Bedroom 4

Features: Hardwood Floor, Shared Bath, Smooth Ceiling
Level: First
Area: 156
Dimensions: 12 x 13

Bedroom 5

Features: Carpet, Shared Bath, Smooth Ceiling
Level: Second
Area: 195
Dimensions: 13 x 15

Primary bathroom

Features: Double Vanity, Separate Shower, Smooth Ceiling, Tile Floor, Full Bath

Dining room

Features: Separate Dining Room
Area: 168
Dimensions: 12 x 14

Kitchen

Features: Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Kitchen Island, Washer/Dryer Connections
Area: 252
Dimensions: 14 x 18

Living room

Features: Separate Living Room, Separate Den
Area: 312
Dimensions: 13 x 24

Bonus room

Area: 182
Dimensions: 13 x 14

Den

Area: 255
Dimensions: 17 x 15

Heating

Central, Natural Gas

Cooling

3 or More Systems, Central Air

Appliances

Included: Gas Water Heater, Double Oven, Cooktop, Gas Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
Laundry: Laundry Room

Features

Primary Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Half Bath Down, Smooth Ceiling, Walk-In Closet(s), Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room, 4th or More Bedrooms, 1 Bath, Bonus Room, Square Feet Source: Seller
Flooring: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo
Attic: Walk-In
Number of fireplaces: 1
Fireplace features: Living Room, In Den/Great Room

Interior area

Total interior livable area: 4,000 sqft

Property

Parking

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

Features

Stories: 1.5
Patio & porch: Deck
Pool features: None
Fencing: Wood,Wood Fence

Lot

Size: 0.46 Acres
Dimensions: 79 x 255
Features: Some Trees, Corner Lot, Landscaped, Professionally Landscaped

Details

Parcel number: 044119 00016

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Hedgemoor

Location

Region: Memphis

Financial & listing details

Price per square foot: $296/sqft
Tax assessed value: $544,700
Annual tax amount: $8,696
Price range: $1.2M - $1.2M
Date on market: 12/6/2025
Cumulative days on market: 76 days

Estimated market value

Not available

Estimated sales range

Not available

$4,199/mo

Price history

Date	Event	Price
1/21/2026	Price change	$1,185,000-0.8%$296/sqft
Source: MAAR #10210655 Report a problem
12/6/2025	Listed for sale	$1,195,000+165.6%$299/sqft
Source: MAAR #10210655 Report a problem
3/3/2025	Sold	$450,000-9.8%$113/sqft
Source: MAAR #10167355 Report a problem
2/7/2025	Pending sale	$499,000$125/sqft
Source: MAAR #10167355 Report a problem
1/7/2025	Price change	$499,000-9.1%$125/sqft
Source: MAAR #10167355 Report a problem
1/6/2025	Price change	$549,000-8.3%$137/sqft
Source: MAAR #10167355 Report a problem
10/5/2024	Price change	$599,000-7.8%$150/sqft
Source: MAAR #10167355 Report a problem
3/7/2024	Listed for sale	$650,000+23.8%$163/sqft
Source: MAAR #10167355 Report a problem
11/4/2021	Sold	$525,000+5.2%$131/sqft
Source: MAAR #10093726 Report a problem
2/22/2021	Pending sale	$499,000+2.9%$125/sqft
Source: MAAR #10093726 Report a problem
1/10/2012	Listing removed	$485,000$121/sqft
Source: Hobson Realtors #3227579 Report a problem
7/9/2011	Listed for sale	$485,000$121/sqft
Source: Hobson Realtors #3227579 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,178 -17.5%	$136,175 +3.1%
2024	$8,696 +8.1%	$132,050
2023	$8,044	$132,050
2022	--	$132,050
2021	--	$132,050 +13.8%
2020	$3,709	$116,050
2019	$3,709 -21.1%	$116,050
2018	$4,700 -45.1%	$116,050
2017	$8,566 +125.2%	$116,050 +3.7%
2016	$3,804 +12.8%	$111,875 -14%
2014	$3,373	$130,050
2013	--	$130,050 +22.9%
2012	--	$105,775
2011	--	$105,775
2010	--	$105,775
2009	--	$105,775 +12.8%
2008	--	$93,800
2007	--	$93,800
2006	--	$93,800
2005	--	$93,800 +13.7%
2004	--	$82,500
2003	--	$82,500 -11.8%
2002	--	$93,575
2001	--	$93,575 +82.8%
2000	--	$51,200