RealtyLens
for saleRealtyLens property overview
$380,000

1389 Cedar Hollow Dr

Memphis, TN, 38016
View more Memphis, TN property pages
4Beds
2.5Baths
2,982Sqft
$127$/sqft

Listing Notes

New Listing in Desirable Riverwood Farms! This immaculate home is move-in ready and perfectly located in the sought-after Riverwood Farms subdivision! 4 bedrooms, 2.5 Baths. Primary Master Suite conveniently located downstairs. Formal dining room. Jack & Jill bathroom upstairs connecting bedrooms 2 & 3. Gourmet kitchen featuring granite countertops, tile backsplash, breakfast room, and cozy hearth room. Screened porch, patio and fenced yard - perfect for relaxing. Walk-in attic for extra storage. Smooth ceilings throughout. Professionally painted interior and exterior. Double garage. Dual Trane HVAC units + Bradford White water heater. Enjoy neighborhood amenities like the community lake and walking trails!

Market Insights

Below nearby median-5.2%

$127/sqft vs a nearby median of $134/sqft.

Nearby median$134/sqft
Nearby properties8
Property size2,982 sqft
  • -5.2% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,982 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$400k$373k$427k · 72% confidence
vs ask $380k−$20k (−5.3%)

Asking price is about 5.3% below the fair value — likely to draw competing offers if it's still on market.

$134/sqft median across 6 tight comps × 2,982 sqft= $400k
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-5.2% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

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
7 days
Last price change
No change recorded
Listed
May 5, 2026
Photos
36 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$380,000for 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.