For sale

Price cut: $30.9K (8/12)

$199,000

505 Vaughn Rd, Memphis, TN 38122

3beds

1,374sqft

$1,343/mo

Get pre-qualified

Single Family Residence

Built in 1994

9,583 Square Feet Lot

$193,400 Zestimate^®

$145/sqft

$-- HOA

What's special

Mature shade treesVaulted great roomWelcoming covered front porchSunny dining areaSpacious floor plan

Built in 1994, this 3-bedroom, 2-bath home offers the advantage of newer construction in an established neighborhood where many surrounding homes are significantly older. The spacious floor plan features a vaulted great room with a fireplace, a large kitchen with abundant cabinetry and counter space, a sunny dining area, and a split-bedroom layout for added privacy. The primary suite includes a private bath, while two additional bedrooms provide flexibility for family, guests, or a home office. A floored walk-up attic provides excellent storage space. The refrigerator, washer, and dryer will remain with the property. Outside, you'll enjoy mature shade trees, a welcoming covered front porch, and a large concrete patio in the backyard that's perfect for outdoor entertaining, relaxing, or additional recreational space. Conveniently located near shopping, dining, parks, and major commuter routes, this home presents a great opportunity to make it your own.

37 days
818
63

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 168
Dimensions: 12 x 14

Bedroom 2

Level: First

Bedroom 3

Level: First

Primary bathroom

Features: Fireplace

Dining room

Area: 144
Dimensions: 12 x 12

Living room

Features: Separate Living Room
Area: 182
Dimensions: 14 x 13

Heating

Central

Cooling

Central Air

Appliances

Included: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet
Windows: Aluminum Frames
Has fireplace: Yes

Interior area

Total interior livable area: 1,374 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 9,583 Square Feet
Dimensions: 0.22
Features: Some Trees

Details

Parcel number: 055027 00011

Construction

Type & style

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

Condition

New construction: No
Year built: 1994

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Stephens

Location

Region: Memphis

Financial & listing details

Price per square foot: $145/sqft
Tax assessed value: $269,300
Annual tax amount: $3,549
Price range: $199K - $199K
Date on market: 7/26/2026
Cumulative days on market: 38 days

Estimated market value

$193,400

$184,000 - $203,000

$1,735/mo

Price history

Date	Event	Price
8/12/2026	Price change	$199,000-13.4%$145/sqft
Source: MAAR #10226986 Report a problem
7/26/2026	Listed for sale	$229,900$167/sqft
Source: MAAR #10226986 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,549 +8.3%	$67,325 +35.3%
2024	$3,278 +8.1%	$49,775
2023	$3,032	$49,775
2022	--	$49,775
2021	--	$49,775 +63.9%
2020	$971	$30,375
2019	$971 -21.1%	$30,375
2018	$1,230 -45.1%	$30,375
2017	$2,242 +128.6%	$30,375 +5.3%
2016	$981 +23%	$28,850
2014	$797	$28,850 -18.1%
2013	--	$35,225 +40.9%
2012	--	$25,000
2011	--	$25,000
2010	--	$25,000 -19.5%
2009	--	$31,050 +17.8%
2008	--	$26,350
2007	--	$26,350
2006	--	$26,350
2005	--	$26,350 +8.1%
2004	--	$24,375
2003	--	$24,375
2002	--	$24,375
2001	--	$24,375 +36.4%
2000	--	$17,875