NOT LISTED FOR SALE

5385 Mcelroy Cove Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $299,000 - $357,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 19, 2017

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

Est. 32% increase in value since last sale

Current estimated payment $1,972/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Whirlpool Bathtub
  • Richland Elementary School Rated A-
  • 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 $327,645, approximately $163 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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1968

Lot Details

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

Home Design

  • Traditional Architecture
  • 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

Est. Annual Taxes

$2,227

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: DEXTER
  • MLS Map #: 756B
  • MAAR Subdivision Name: CLIFT-HOPPER
  • List Price Per Sq Ft: 122
  • Number Of Stories: 2
  • Price Per Sq Ft: 120.44
  • 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
  • Total Bathrooms: 2
  • 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
  • Price Per Acre: 892500

Multi Family

  • Number Of Rooms: 8

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
$327,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,145
Avg. Annual Appreciation
4.66%
Original Mortgage
$243,016
Outstanding Balance
$203,095
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$155,130

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:

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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 $63,451
Previous Owner Patton Ronnie G $126,500
Previous Owner Hampton Clarence O $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

    14 in this area

    92 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 Audubon Park

5385 Mcelroy Cove, Memphis, TN

This home is located at 5385 Mcelroy Cove, Memphis, TN 38120 since 17 June 2017 and is currently estimated at $327,645, approximately $148 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.

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