NOT LISTED FOR SALE

331 Mcelroy Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $444,000 - $591,000

3 Beds
2.5 Baths
2,091 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2020

Last sale price $238,000 $114 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,193 / mo

16 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Fireplace
  • Richland Elementary School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of April 2020

Lovely 3 br, 2.5 ba just a stone's throw from Richland Elementary and White Station Middle! Much loved and well cared for home. Corner lot, large front yard, back deck, all appliances stay.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1955

Lot Details

  • 0.28

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • 12,197 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mason White Station Rd Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 068012 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,894

Year Built

Built in 1955

Lot Details

0.28 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1955
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer, Range, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size: 90.71X135IRR
  • Lot Size Units: Acres
  • Parcel #: 068012 00009
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3894
  • Tax Lot: 29

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Apr 30, 2020
Sold by
Bought by
List Price
$265,000
Sold Price
$238,000
Premium/Discount to List
-$27,000
-10.19%
Current Estimated Value
$524,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,811
Avg. Annual Appreciation
13.75%
Original Mortgage
$226,100
Outstanding Balance
$201,470
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$323,341
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$238,000 Quality Title Group Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $226,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $238,000 -10.2% $114 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $265,000 -- $127 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,367 $162,325 $12,000 $150,325
2024 $4,653 $137,250 $9,200 $128,050
2023 $8,361 $137,250 $9,200 $128,050
2022 $4,566 $74,950 $9,200 $65,750
2021 $4,619 $74,950 $9,200 $65,750
2020 $4,038 $55,725 $9,200 $46,525
2019 $1,781 $55,725 $9,200 $46,525
2018 $1,781 $55,725 $9,200 $46,525
2017 $1,823 $55,725 $9,200 $46,525
2016 $2,190 $50,125 $0 $0
2014 $2,190 $50,125 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3025533

Realtracs

APN: 06-8012-0-0009

Tennessee Shelby County Memphis 38120 East Memphis

331 Mcelroy Rd, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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