NOT LISTED FOR SALE

5385 Mcelroy Cove Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $287,302 - $445,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $247,500 $113 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,968/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Whirlpool Bathtub
  • Richland Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • Attic

About This Home

As of July 2017

This home is located at 5385 Mcelroy Cove, Memphis, TN 38120 since 17 June 2017 and is currently estimated at $345,826, approximately $172 per square foot. This property was built in 1968. 5385 Mcelroy Cove is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

Last Agent to Sell the Property

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840 Listed on: 06/17/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Susan Brubaker

Crye-Leike, Inc., REALTORS License #240165

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,055 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Parking

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

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Clift Hopper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068066 00058

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0.28 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: DEXTER
  • MAAR Subdivision Name: CLIFT-HOPPER
  • List Price Per Sq Ft: 122
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2055
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Attic, Mud Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Cove, Landscaped
  • Lot Number: 5
  • Acreage: 0.28
  • Lot Size: .30

Tax Info

  • Assessor Parcel Number: 068066 00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2017
Closed on
Jul 19, 2017
Sold by
Patton Ronnie G and Patton Cindy J
Bought by
King Leslie and Sanderson Paige
Seller's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
Buyer's Agent
Susan Brubaker
Crye-Leike, Inc., REALTORS
List Price
$249,900
Sold Price
$247,500
Premium/Discount to List
-$2,400
-0.96%
Current Estimated Value
$345,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,326
Avg. Annual Appreciation
3.98%
Original Mortgage
$243,016
Outstanding Balance
$201,123
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$144,703

Purchase Details

Closed on
May 3, 2004
Sold by
Hampton Clarence O and Hampton Anne R
Bought by
Patton Ronnie G and Patton Cindy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
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
King Leslie $247,500 Realty Title
Patton Ronnie G $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Leslie $243,016
Previous Owner Patton Ronnie G $126,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $247,500 -1.0% $124 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/17/2017 06/17/17 For Sale $249,900 -- $125 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,227 $69,625 $12,000 $57,625
2024 $2,227 $65,700 $9,200 $56,500
2023 $4,002 $65,700 $9,200 $56,500
2022 $4,002 $65,700 $9,200 $56,500
2021 $4,049 $65,700 $9,200 $56,500
2020 $3,661 $50,525 $9,200 $41,325
2019 $3,661 $50,525 $9,200 $41,325
2018 $3,661 $50,525 $9,200 $41,325
2017 $2,077 $50,525 $9,200 $41,325
2016 $2,015 $46,100 $0 $0
2014 $2,015 $46,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Wilbanks

    Seller's Agent in 2017

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    11 in this area

    97 Total Sales

    Melissa Wilbanks
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Brubaker

    Crye-Leike, Inc., REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10004977

Memphis Area Association of REALTORS®

APN: 06-8066-0-0058

Tennessee Shelby County Memphis 38120 East Memphis

5385 Mcelroy Cove, Memphis, TN

Not Listed for Sale

Detached

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