RealtyLens
for saleRealtyLens property overview
$425,000

8916 Cedar Mills Cv

Memphis, TN, 38016
View more Memphis, TN property pages
4Beds
3Baths
3,047Sqft
$139$/sqft

Listing Notes

Tastefully updated ranch-style home offering 4 spacious bedrooms, and 3 full bathrooms. This move-in ready property features a thoughtfully designed layout with generous living spaces. Recent updates include renovated bathrooms, new flooring throughout, modern light fixtures and fresh interior paint in every room. The open and functional floor plan provides comfort and versatility, while single-level design offers convenience and accessibility.

Market Insights

Above nearby median+7.8%

$139/sqft vs a nearby median of $129/sqft.

Nearby median$129/sqft
Nearby properties8
Property size3,047 sqft
  • +7.8% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,047 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$387k$359k$415k · 67% confidence
vs ask $425k+$38k (+8.9%)

Asking price is about 8.9% above where comps + adjustments land — there is room to negotiate.

$127/sqft median across 5 tight comps × 3,047 sqft= $387k
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+7.8% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
6 days
Last price change
No change recorded
Listed
May 6, 2026
Photos
21 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$425,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.