Memphis · Home sale
211 Belle Meade Ln in Memphis sells for $1.85 million
A single-family home at 211 Belle Meade Ln, Memphis sold for $1,850,000 on August 17, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,850,000
- Sold
- August 17, 2026
- Property type
- Single-family home
- Living area
- 6,844 sq ft
- Price per sq ft
- $270
- Year built
- 1950
A Memphis home sold for $1,850,000 on August 17, 2026—38% above its assessed market value of $1,337,000, according to the Shelby County Assessor of Property's sales records. The price at 211 Belle Meade Ln works out to $270 per square foot.
An aerial photo shows the property's setting: a pool sits on the 0.83-acre lot, with trees covering much of the grounds and other houses nearby.
The home has 5 bedrooms and 5.5 bathrooms across 6,844 square feet of living area. Built in 1950, it last sold for $535,000 in 1992—meaning this sale price is 3.5 times that earlier figure.
Joseph Schaeffer and Kristine Schaeffer Living Trust purchased the property, according to the Assessor's records.
What this sale costs to close
What does closing cost at this price? Under Shelby County custom the seller's larger charges are $350 for the settlement / closing fee and $45 for the wire / courier / payoff processing. With a 5% commission, the seller's estimated net is $1,750,141 before any mortgage payoff. A buyer putting 20% down would need about $409,304 at closing.
Source: Shelby County Assessor of Property, qualified sales (Shelby County ReGIS), document 26071422. Property details: Shelby County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.