Memphis · Home sale
2620 Preakness Dr in Eads sells for $1.06 million
A single-family home at 2620 Preakness Dr, Eads sold for $1,065,000 on August 3, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,065,000
- Sold
- August 3, 2026
- Property type
- Single-family home
- Living area
- 5,514 sq ft
- Price per sq ft
- $193
- Year built
- 2000
At $1,065,000, the home sold for 2.5 times its most recent earlier sale on record, $430,000 in 2016, according to the Shelby County Assessor of Property's sales records.
An aerial photo of the property shows the parcel steps from a pond, with open land around it.
The record lists Kenyon Investment Services Trust as the buyer. Assessor's records show 4 bedrooms and 3.5 bathrooms, 5,514 square feet of living area, a 2000 construction date and a 4.0-acre lot.
At that size, the price works out to $193 per square foot. The market value on record is $1,020,700, 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 $1,007,591 before any mortgage payoff. A buyer putting 20% down would need about $239,634 at closing.
Source: Shelby County Assessor of Property, qualified sales (Shelby County ReGIS), document 26067061. 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.
