$145,000
SOLD OCT 10, 2025

505 Elmfield Cove Memphis, TN 38127

Memphis Area
3 Beds
2 Baths
1,061 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: October 10, 2025

$137 Per Sq Ft

6% Below List Price

Highlights

  • Traditional Architecture
  • No HOA
  • Vinyl Flooring
  • 1 Fireplace
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of October 2025

Property rental projection is $1550 per month. The home comes with a 1 year everything warranty and tenant placement fee covered to make this an easy purchase. This is a 3 bed 2 bath fully renovated to better than new condition with new remodeled bathrooms and kitchen. Wood burning fireplace in large den! All new everything. Perfect for investors or homeowners.

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $433

Year Built

  • Built in 1987

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,061 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Northaven Sec E Subdivision

Listing and Financial Details

  • Tax Lot 274
  • Assessor Parcel Number D0134 P00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$433

Year Built

Built in 1987

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1987
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1061
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • 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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 60X120
  • Lot Size Units: Acres
  • Parcel #: D0134 P00038
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 433
  • Tax Lot: 274

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
Oct 10, 2025
Closed on
Oct 14, 2025
Sold by
Bought by
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Views
36
Current Estimated Value
$135,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,565
Avg. Annual Appreciation
-8.08%
Original Mortgage
$142,373
Outstanding Balance
$141,191
Interest Rate
5.87%
Mortgage Type
FHA
Estimated Equity
-$5,756

Purchase Details

Listed on
Nov 7, 2024
Closed on
Apr 8, 2025
Sold by
Bought by
Seller's Agent
Lakesha Lilly Leatherwood
The Home Partners Realty
Buyer's Agent
Alissa Anderson
KAIZEN Realty, LLC
List Price
$86,000
Sold Price
$81,500
Premium/Discount to List
-$4,500
-5.23%
Views
1363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
240.69%
Original Mortgage
$110,900
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 7, 2017
Closed on
Nov 1, 2017
Sold by
Bought by
Seller's Agent
Karen Payne
BEST Real Estate Company
Buyer's Agent
Taylor Streitmatter
KAIZEN Realty, LLC
List Price
$27,000
Sold Price
$23,500
Premium/Discount to List
-$3,500
-12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.92%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.92%

Purchase Details

Closed on
Jan 20, 2000
Sold by
Bought by
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 Type Sale Price Title Company
Warranty Deed $145,000 Excel Title & Escrow
Warranty Deed $81,500 Titan Title Company
Warranty Deed $23,500 Regency Title & Escrow Pllc
Warranty Deed $29,000 None Available
Special Warranty Deed $12,000 Edco Title & Closing Service
Trustee Deed $59,269 None Available
Corporate Deed $32,500 Associates Closing & Title H
Trustee Deed $30,801 None Available
Warranty Deed $60,000 Equity Title & Escrow Co
Quit Claim Deed -- --
Trustee Deed $43,000 --
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 Loan Amount Loan Type
Open $142,373 FHA
Closed $110,900 Construction
Previous Owner $23,200 New Conventional
Previous Owner $48,000 No Value Available
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 Prior Sale
11/21/2025 11/21/25 For Sale $155,000 +6.9% $146 / Sq Ft
10/10/2025 10/10/25 Sold $145,000 +77.9% $137 / Sq Ft
10/10/2025 10/10/25 Pending -- -- --
04/21/2025 04/21/25 Sold $81,500 -5.2% $82 / Sq Ft View Prior Sale
03/11/2025 03/11/25 For Sale $86,000 +5.5% $86 / Sq Ft
03/04/2025 03/04/25 Off Market $81,500 -- --
01/28/2025 01/28/25 Price Changed $86,000 -10.4% $86 / Sq Ft
11/07/2024 11/07/24 For Sale $96,000 +308.5% $96 / Sq Ft
11/01/2017 11/01/17 Sold $23,500 -13.0% $24 / Sq Ft View Prior Sale
10/13/2017 10/13/17 Pending -- -- --
10/07/2017 10/07/17 For Sale $27,000 -- $27 / 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 $593 $22,050 $2,000 $20,050
2024 $433 $12,775 $1,475 $11,300
2023 $433 $12,775 $1,475 $11,300
2022 $433 $12,775 $1,475 $11,300
2021 $441 $12,775 $1,475 $11,300
2020 $377 $9,300 $1,475 $7,825
2019 $377 $9,300 $1,475 $7,825
2018 $377 $9,300 $1,475 $7,825
2017 $382 $9,300 $1,475 $7,825
2016 $462 $10,575 $0 $0
2014 $462 $10,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: RTC3049578

Realtracs

APN: D0-134-P-00038

Your Personal Tour Guide

Ask me questions while you tour the home.