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701 Sunshine Dr
Listing Notes
Welcome to 701 Sunshine Dr, Memphis, TN 38018-an ideal home for first-time buyers ready to step into homeownership or buyers looking for convenience, accessibility, and everyday comfort. Located in a quiet Cordova neighborhood, this home offers a comfortable layout with natural light, spacious living areas, and a functional kitchen perfect for everyday living. The bedrooms provide privacy and comfort. Step outside and enjoy a generous yard-perfect for weekend barbecues, family time, or creating your own outdoor retreat. Conveniently situated near Germantown Pkwy, you'll have quick access to shopping, dining, and schools. This home may qualify for down payment assistance programs through the Tennessee Housing Development Agency (THDA), offering help with down payment and closing costs for qualified buyers. A great opportunity to stop renting, build equity, and create a place to call home.
Market Insights
$188/sqft vs a nearby median of $159/sqft.
- +18% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,664 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 12.2% above where comps + adjustments land — there is room to negotiate.
- Sparse street life−$4k −1.5%
Property Read
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 history is still limited; review again as more market activity becomes available.
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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
- 10 days
- Last price change
- No change recorded
- Listed
- May 3, 2026
- Photos
- 24 photos
- Property type
- single family
- Status
- for sale
- Last sold
- Oct 10, 2023 · $291,000
- Garage
- 2 spaces