NOT LISTED FOR SALE

Estimated Value: $201,000 - $262,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $190,000 $136 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,438/month

8 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Richland Elementary School Rated A-
  • Some Wood Windows
  • Patio

About This Home

As of April 2020

This home is located at 173 Montelo Rd, Memphis, TN 38120 since 18 March 2020 and is currently estimated at $240,140, approximately $200 per square foot. This property was built in 1958. 173 Montelo Rd is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

Last Agent to Sell the Property

Chris Key

Keller Williams License #345697 Listed on: 03/18/2020

Co-Listed By

John Moore

Keller Williams License #338713

Last Buyer's Agent

Alli Clark

Keller Williams License #341725

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1958

Lot Details

  • 0.33 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,299 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Mary Lou Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068053 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,584

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 756B
  • MAAR Subdivision Name: MARY LOU HEIGHTS
  • List Price Per Sq Ft: 146
  • Number Of Stories: 1
  • Price Per Sq Ft: 146.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1299
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections, Kit/DR Combo
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 123
  • Acreage: 0.33
  • Lot Size: .33
  • Price Per Acre: 575758

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 068053 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Apr 29, 2020
Sold by
Pounders Amanda Graves
Bought by
Morgan Linda Crook
Seller's Agent
Chris Key
Keller Williams
Buyer's Agent
Alli Clark
Keller Williams
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$240,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,140
Avg. Annual Appreciation
5.95%
Original Mortgage
$170,000
Outstanding Balance
$152,431
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$106,398

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 13, 2012
Sold by
Steinberg David
Bought by
Pounders Amanda Graves
Seller's Agent
David Steinberg
River City Land Co., LLC
Buyer's Agent
Allyson Avera
Crye-Leike, Inc., REALTORS
List Price
$159,900
Sold Price
$152,500
Premium/Discount to List
-$7,400
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$122,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2011
Closed on
Jan 9, 2012
Sold by
Metlife Home Loans
Bought by
Steinberg David
Seller's Agent
Karen George
Sowell, Realtors
Buyer's Agent
David Steinberg
River City Land Co., LLC
List Price
$81,900
Sold Price
$82,151
Premium/Discount to List
$251
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
888.61%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Smith Leslie H
Bought by
Metlife Home Loans
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morgan Linda Crook $190,000 Home Surety T&E Llc
Pounders Amanda Graves $152,500 None Available
Steinberg David $82,151 None Available
Metlife Home Loans $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Linda Crook $170,000
Previous Owner Pounders Amanda Graves $122,000
Previous Owner Smith Leslie H $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $190,000 0.0% $158 / Sq Ft
03/18/2020 03/18/20 For Sale $190,000 +24.6% $158 / Sq Ft
06/13/2012 06/13/12 Sold $152,500 -4.6% $127 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $159,900 +94.6% $133 / Sq Ft
03/07/2012 03/07/12 Sold $82,151 +0.3% $65 / Sq Ft
12/31/2011 12/31/11 Pending -- -- --
12/16/2011 12/16/11 For Sale $81,900 -- $65 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,584 $51,000 $10,000 $41,000
2024 $1,584 $46,725 $11,575 $35,150
2023 $2,846 $46,725 $11,575 $35,150
2022 $2,846 $46,725 $11,575 $35,150
2021 $1,612 $46,725 $11,575 $35,150
2020 $2,589 $35,725 $10,400 $25,325
2019 $1,142 $35,725 $10,400 $25,325
2018 $1,142 $35,725 $10,400 $25,325
2017 $1,169 $35,725 $10,400 $25,325
2016 $1,597 $36,550 $0 $0
2014 $1,597 $36,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075530

Memphis Area Association of REALTORS®

APN: 06-8053-0-0010