$194,400
SOLD NOV 27, 2024

241 Montelo Rd Memphis, TN 38120

Audubon Park Neighborhood
4 Beds
2 Baths
1,600-1,799 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

12% Below List Price

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Den with Fireplace
  • Richland Elementary School Rated A-
  • Separate Formal Living Room
  • Covered patio or porch

About This Home

As of November 2024

Great Fixer Upper opportunity with equity. Minutes away from everything Memphis and and suburbs have to offer. East Memphis and Broad Ave dining and retail around the corner. 4 bedrooms and a huge basement that could be finished out for more living area. 3 backyard functioning storage rooms. Great school district with White Station Elementary around the corner. Investors welcome/ investor special.

Last Agent to Sell the Property

Grant Moore

Enterprise, REALTORS License #367470 Listed on: 10/17/2024

Last Buyer's Agent

Bruce Milner

eXp Realty, LLC License #288682

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,794

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,763 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Separate Formal Living Room
  • Den with Fireplace
  • Storage Room
  • Unfinished Basement
  • Partial Basement
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Mary Lou Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068055 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,794

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756B
  • MAAR Subdivision Name: MARY LOU HEIGHTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 110.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1763
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 4 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Textured Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Number Of Fireplaces: 1
  • Other Rooms: Unfinished Basement
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Storage Building, Covered Patio, On-Site Storage, Chain Fence, Storage
  • Exterior Windows: Brick Veneer
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Sewer

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 90
  • Acreage: 0.2
  • Lot Size: 60X150
  • Price Per Acre: 1050000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 068055 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Nov 25, 2024
Sold by
Byrd Chris L and Harlow Pamela B
Bought by
Fair Deal 901 Holdings Llc
Seller's Agent
Grant Moore
Enterprise, REALTORS
Buyer's Agent
Bruce Milner
eXp Realty, LLC
List Price
$220,000
Sold Price
$194,400
Premium/Discount to List
-$25,600
-11.64%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $194,400 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,617 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $2,150 +4.9% $1 / Sq Ft
07/18/2025 07/18/25 For Rent $2,050 0.0% --
11/27/2024 11/27/24 Sold $194,400 -7.4% $122 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
10/31/2024 10/31/24 Price Changed $210,000 -4.5% $131 / Sq Ft
10/17/2024 10/17/24 For Sale $220,000 -- $138 / 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 $1,794 $59,400 $10,000 $49,400
2024 $1,794 $52,925 $7,100 $45,825
2023 $3,224 $52,925 $7,100 $45,825
2022 $3,224 $52,925 $7,100 $45,825
2021 $3,262 $52,925 $7,100 $45,825
2020 $2,685 $37,050 $5,775 $31,275
2019 $2,685 $37,050 $5,775 $31,275
2018 $2,685 $37,050 $5,775 $31,275
2017 $1,523 $37,050 $5,775 $31,275
2016 $1,356 $31,025 $0 $0
2014 $1,356 $31,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Milner

    Seller's Agent in 2025

    Bruce Milner

    eXp Realty, LLC

    (901) 482-0444

    14 in this area

    110 Total Sales

    Bruce Milner
    Section Image

  • G

    Seller's Agent in 2024

    Grant Moore

    Enterprise, REALTORS

    (901) 289-9792

    2 in this area

    27 Total Sales

    Grant Moore
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10183475

Memphis Area Association of REALTORS®

APN: 06-8055-0-0015

Tennessee Shelby County Memphis 38120 Audubon Park

241 Montelo Rd, Memphis, TN

This home is located at 241 Montelo Rd, Memphis, TN 38120 and is currently priced at $194,400, approximately $108 per square foot. This property was built in 1955. 241 Montelo Rd is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

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