NOT LISTED FOR SALE

295 Montelo Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $257,000 - $313,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $290,000 $207 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,572/month

3 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Richland Elementary School Rated 9+
  • Traditional Architecture
  • Attic

About This Home

As of July 2024

Beautifully renovated cottage in the heart of Memphis. Conveniently located near hospital, restaurants, shopping and interstate. Hardwood floors throughout, updated open kitchen, tankless water heater, smooth ceilings, all seasons room, storage building, recess lighting, ceiling fans, and much more. Washer, dryer, refrigerator, stove, dishwasher all remain with the property. Perfectly move in ready. Get ready to be WOW..ed the minute you walk in the door. Check out large master walk-in closet.

Last Agent to Sell the Property

Jim Jones

1 Percent Lists Midsouth License #246641 Listed on: 06/28/2024

Last Buyer's Agent

Rick Baer

Rick Baer Realty License #216050

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

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

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,234 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Breakfast Room
  • Bonus Room
  • Play Room
  • Storage Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 1 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Mary Lou Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068055 00006

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MARY LOU HEIGHTS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1234
  • Termite Contract: Yes
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 1 1/2 Bath, Play Room/Recreation Room, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Closet, Bonus Room, Attic
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped, Chain Fenced
  • Lot Number: 99
  • Acreage: 0.2
  • Lot Size: 60X150
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 068055 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 25, 2024
Sold by
Rogers Greg and Rogers Laura
Bought by
Burson Blair and Burson Paul
Seller's Agent
Jim Jones
1 Percent Lists Midsouth
Buyer's Agent
Rick Baer
Rick Baer Realty
List Price
$290,000
Sold Price
$290,000
Views
8
Current Estimated Value
$276,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,502
Avg. Annual Appreciation
-3.42%
Original Mortgage
$284,747
Outstanding Balance
$281,064
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$4,566

Purchase Details

Closed on
Jun 7, 2021
Sold by
Frazier Natalie
Bought by
Rogers Greg and Rogers Laura

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 10, 2017
Sold by
Abell Peter D and Abell Jessica T
Bought by
Rogers James Natalie
Seller's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rick Douglass
KAIZEN Realty, LLC
List Price
$139,900
Sold Price
$125,500
Premium/Discount to List
-$14,400
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Oct 24, 2005
Sold by
Nelson Ronnie E and Nelson Shannon E
Bought by
Hud

Purchase Details

Closed on
Jul 29, 2002
Sold by
Blankenship Marvin Glenn and Gee Sandra Gail
Bought by
Nelson Ronnie E and Nelson Shannon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,719
Interest Rate
6.53%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 1999
Sold by
Mable Blankenship
Bought by
Blankenship Marvin Glenn and Gee Sandra Gail
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burson Blair $290,000 Home Surety Title
Rogers Greg -- None Available
Rogers James Natalie $125,500 Coventry Escrow & Title Co L
Hud $109,301 None Available
Nelson Ronnie E $99,500 --
Blankenship Marvin Glenn -- --
Blankenship Marvin Glenn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burson Blair $284,747
Previous Owner Nelson Ronnie E $98,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2024 07/25/24 Sold $290,000 0.0% $242 / Sq Ft
06/28/2024 06/28/24 For Sale $290,000 +131.1% $242 / Sq Ft
05/10/2017 05/10/17 Sold $125,500 -10.3% $126 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $139,900 -- $140 / 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 $1,401 $73,200 $10,000 $63,200
2024 $1,401 $41,325 $7,100 $34,225
2023 $2,517 $41,325 $7,100 $34,225
2022 $2,517 $41,325 $7,100 $34,225
2021 $2,547 $41,325 $7,100 $34,225
2020 $4,637 $28,575 $5,775 $22,800
2019 $913 $28,575 $5,775 $22,800
2018 $913 $28,575 $5,775 $22,800
2017 $935 $28,575 $5,775 $22,800
2016 $1,133 $25,925 $0 $0
2014 $1,133 $25,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Jones

    Seller's Agent in 2024

    Jim Jones

    1 Percent Lists Midsouth

    (901) 490-7420

    4 in this area

    72 Total Sales

    Jim Jones
    Section Image
  • Rick Baer

    Buyer's Agent in 2024

    Rick Baer

    Rick Baer Realty

    (901) 461-8791

    45 in this area

    89 Total Sales

    Rick Baer
    Section Image
  • James Anson Underwood

    Seller's Agent in 2017

    James Anson Underwood

    Crye-Leike

    (901) 338-0658

    11 in this area

    198 Total Sales

    James Anson Underwood
    Section Image
  • Rick Douglass

    Buyer's Agent in 2017

    Rick Douglass

    KAIZEN Realty, LLC

    (901) 568-1977

    1 in this area

    23 Total Sales

    Rick Douglass
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10175795

Memphis Area Association of REALTORS®

APN: 06-8055-0-0006

Tennessee Shelby County Memphis 38120 East Memphis

295 Montelo Rd, Memphis, TN

Not Listed for Sale

Detached

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