Back 515 Melody Lane
Off Market

515 Melody Lane

Memphis TN 38120

4
3
2
2206 sq. ft.
0.26 ac.
Single-Family
Last sold for $450,000
Jennifer HobsonJennifer Hobson, last sold this property on 24 September 2026 after 33 days on market.

Overview

Move-in ready 4BR/3BA home on a fabulous quiet cove in the heart of East Memphis. This wonderfully maintained property features a light-filled kitchen with granite countertops that opens to the den with a wood-burning fireplace. The primary suite is an impressive addition, complete with a private office for today’s work-from-home needs with it's own entrance to the backyard. Fresh paint, an electric gate, a covered carport and wonderful yard (with irrigation) perfect for your furry friends or to sit and enjoy the outdoors. Charming, thoughtful colors flow throughout the home, giving every room the warmth and character expected in a fine East Memphis residence. A rare find on a quiet cove with the perfect blend of comfort, style, and location.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2206 sq. ft. floor area
0.26 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 515 Melody Lane is $491.5k.

Median value
$491.5k
Estimated value range
$155k - $2.3m
Median days on market
30
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 515 Melody Lane

2026
Sold
$450,000
24 Sep 2026 by Jennifer Hobson, of Hobson, REALTORS
2022
Sold
$410,000
19 Apr 2022 by Lisa Fields, of Ware Jones, REALTORS

Happy sellers in Memphis

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We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Memphis

In the last 12 months, 89 four-bedroom single-family properties similar to 515 Melody Lane, have been sold.

This represents a 6% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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