NOT LISTED FOR SALE

517 Mcelroy Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $475,163 - $508,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $455,500 $163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,871/month

65 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Vaulted Ceiling
  • Richland Elementary School Rated 9+
  • Living Room with Fireplace
  • Traditional Architecture

About This Home

As of August 2021

This immaculately maintained 4 BR/2.5 BA home truly has it all! Approx. 500 extra sq. ft. on screened patio! Luxurious Primary BR & BA down w/ heated floors & Air Tub. Updates galore, including custom cabinets & granite countertops throughout, stainless steel appliances, energy efficient windows, Tapco security screens, luxury outdoor kitchen in screened in patio w/Flagstone floors, fireplace & outdoor entertainment center. Ample storage w/ walk-in closets & 2 car garage w/storage closet.

Last Agent to Sell the Property

Meredith Coughlin

Keller Williams License #336014 Listed on: 06/02/2021

Keller Williams

Last Buyer's Agent

Tony Cai

eXp Realty, LLC License #333978

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 97x100
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,801 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Bonus Room with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Storm Doors
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Mckenzie Place P R D Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 068006 B00001

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MCKENZIE PLACE
  • List Price Per Sq Ft: 162
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2801
  • Termite Contract: Yes
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Half Bath, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Half Bath, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, Vented Gas Fireplace, In Living Room, In Other Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Instant Hot Water
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Walk-In Attic, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Screen Porch, Well Landscaped Grounds, Wood Fence, Storage
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Monitored Alarm System
  • Water Sewer: Public Sewer

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Corner, Landscaped, Professionally Landscaped, Wood Fenced
  • Lot Number: 1
  • Acreage: 0.21
  • Lot Size: 97X100

Tax Info

  • Assessor Parcel Number: 068006 B00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Chi Tianhua
Bought by
Chi Ming and Ying Xiao
Current Estimated Value
$489,291

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 10, 2021
Sold by
Chi Tianhua and Chi Ming
Bought by
Chi Ming and Ying Xiao
Seller's Agent
Meredith Coughlin
Keller Williams
Buyer's Agent
Tony Cai
eXp Realty, LLC
List Price
$455,000
Sold Price
$455,500
Premium/Discount to List
$500
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$280,475
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 11, 2021
Sold by
Nelson Laura K
Bought by
Chi Tianhua and Chi Ming
Seller's Agent
Meredith Coughlin
Keller Williams
Buyer's Agent
Tony Cai
eXp Realty, LLC
List Price
$455,000
Sold Price
$455,500
Premium/Discount to List
$500
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,475
Interest Rate
2.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chi Ming -- Quality Title Group
Chi Ming -- None Available
Chi Tianhua $455,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chi Tianhua $280,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $455,500 +0.1% $175 / Sq Ft
06/02/2021 06/02/21 For Sale $455,000 -- $175 / 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 $3,751 $140,350 $14,025 $126,325
2024 -- $110,650 $14,025 $96,625
2023 $6,740 $110,650 $14,025 $96,625
2022 $6,740 $110,650 $14,025 $96,625
2021 $2,872 $83,250 $14,025 $69,225
2020 $4,560 $62,925 $14,025 $48,900
2019 $2,011 $62,925 $14,025 $48,900
2018 $2,011 $62,925 $14,025 $48,900
2017 $2,059 $62,925 $14,025 $48,900
2016 $2,703 $61,850 $0 $0
2014 $2,703 $61,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Meredith Coughlin

    Keller Williams

    (901) 443-0953

    5 in this area

    20 Total Sales

    Meredith Coughlin
    Section Image
  • Tony Cai

    Buyer's Agent in 2021

    Tony Cai

    eXp Realty, LLC

    (901) 674-1327

    8 in this area

    136 Total Sales

    Tony Cai
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10100718

Memphis Area Association of REALTORS®

APN: 06-8006-B0-0001

Tennessee Shelby County Memphis 38120 East Memphis

517 Mcelroy Rd, Memphis, TN

Not Listed for Sale

Detached

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