422 Mcelroy Rd Memphis, TN 38120
East Memphis Neighborhood
4
Beds
2.5
Baths
2,883
Sq Ft
8,276
Sq Ft Lot
Highlights
- Traditional Architecture
- 1 Fireplace
- Patio
- Richland Elementary School Rated 9+
- High Ceiling
- Tile Flooring
About This Home
As of November 2025Seller is in the middle of installing a BRAND NEW ROOF. Discover an East Memphis Gem w/ Richland/White Station school district! Prime location features 4 bedrooms 2.5 baths + office. A perfect blend of comfort, style, and convenience, large fenced backyard with patio, washer, dryer and refrigerator can remain, tons natural light. An ideal choice for families and professionals alike. Schedule your private showing today and envision your new life in this wonderful community! Move in ready!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,599
Year Built
- Built in 2005
Parking
- 2 Car Garage
- Side Facing Garage
Home Design
- Traditional Architecture
Interior Spaces
- 2,883 Sq Ft Home
- Property has 3 Levels
- High Ceiling
- 1 Fireplace
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- Patio
- 8,276 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- Mccormick Place Pd Subdivision
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 068066 C00012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2025
Closed on
Nov 3, 2025
Sold by
Yan Lei and Li Yi
Bought by
Hunt Clarice T
List Price
$419,000
Sold Price
$390,000
Premium/Discount to List
-$29,000
-6.92%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,552
Avg. Annual Appreciation
5.59%
Purchase Details
Closed on
Jun 15, 2018
Sold by
Liu Andrew C and Xu Haiyan
Bought by
Yan Lei and Li Yi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2008
Sold by
Forsyth Donald R and Forsyth Jennifer L
Bought by
Liu Andrew C and Xu Haiyan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 17, 2005
Sold by
Terry & Terry Inc
Bought by
Forsyth Donald R and Forsyth Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Quality Title Group | |
| Warranty Deed | $350,000 | Multiple | |
| Warranty Deed | $320,000 | Realty Title & Escrow | |
| Warranty Deed | $305,586 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $262,500 | New Conventional | |
| Previous Owner | $256,000 | Purchase Money Mortgage | |
| Previous Owner | $235,000 | Purchase Money Mortgage | |
| Closed | $70,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | For Sale | $419,000 | +7.4% | $145 / Sq Ft |
| 11/03/2025 11/03/25 | Sold | $390,000 | -- | $135 / Sq Ft |
| 11/03/2025 11/03/25 | Pending | -- | -- | -- |
Source: Realtracs
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 | $3,397 | $116,900 | $24,000 | $92,900 |
| 2024 | $3,397 | $100,200 | $26,700 | $73,500 |
| 2023 | $6,104 | $100,200 | $26,700 | $73,500 |
| 2022 | $6,104 | $100,200 | $26,700 | $73,500 |
| 2021 | $6,175 | $100,200 | $26,700 | $73,500 |
| 2020 | $5,887 | $81,250 | $26,700 | $54,550 |
| 2019 | $2,597 | $81,250 | $26,700 | $54,550 |
| 2018 | $2,597 | $81,250 | $26,700 | $54,550 |
| 2017 | $2,658 | $81,250 | $26,700 | $54,550 |
| 2016 | $3,062 | $70,075 | $0 | $0 |
| 2014 | $3,062 | $70,075 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3093805
APN: 06-8066-C0-0012
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