NOT LISTED FOR SALE

5390 Mcelroy Cove Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $438,887 - $496,000

5 Beds
3 Baths
2,800-2,999 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $305,000 $102 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,706/month

21 Days on Market

Highlights

  • Media Room
  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Richland Elementary School Rated 9+
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of May 2017

This 5 Bedroom 3 Bath Home on a Cove Lot is in Turn-Key Condition-3 Bedrooms Down-Large Cove Lot with Multi Level Patio-Remodled Kitchen w Quartz Countertops and Custom Maple Cabinets-Jenn Air Cooking-Convection Oven-Walking Distance to Greenline-Richland/White Station Schools-Many Closets and Storage

Last Agent to Sell the Property

Fancher Smith

Keller Williams License #273049 Listed on: 03/13/2017

Keller Williams

Last Buyer's Agent

Leigh Anne Boyd

Crye-Leike, Inc., REALTORS License #279663

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

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

Home Design

  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,928 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Media Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Storage Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Carport

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Clift Hopper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068066 00061

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0.3 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CLIFT-HOPPER
  • List Price Per Sq Ft: 113
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2928
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Office, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 5 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Cove, Landscaped, Wood Fenced
  • Acreage: 0.3
  • Lot Size: .30

Tax Info

  • Assessor Parcel Number: 068066 00061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 11, 2017
Sold by
Gilbert Jason and Gilbert Janice
Bought by
Davis Kelly O and Davis April S
Seller's Agent
Fancher Smith
Keller Williams
Buyer's Agent
Leigh Anne Boyd
Crye-Leike, Inc., REALTORS
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%
Current Estimated Value
$475,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,722
Avg. Annual Appreciation
5.20%
Original Mortgage
$289,750
Outstanding Balance
$241,227
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$234,495

Purchase Details

Closed on
Mar 7, 2007
Sold by
Beard Sara J
Bought by
Gibert Jason and Gibert Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.5%
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
Davis Kelly O $305,000 Realty Title & Escrow Co
Gibert Jason $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Kelly O $289,750
Previous Owner Gibert Jason $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $305,000 -12.9% $109 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $350,000 -- $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 $3,062 $125,850 $12,475 $113,375
2024 $3,062 $90,325 $9,550 $80,775
2023 $5,502 $90,325 $9,550 $80,775
2022 $5,502 $90,325 $9,550 $80,775
2021 $5,567 $90,325 $9,550 $80,775
2020 $5,525 $76,250 $9,550 $66,700
2019 $5,525 $76,250 $9,550 $66,700
2018 $5,697 $80,500 $9,550 $70,950
2017 $3,309 $80,500 $9,550 $70,950
2016 $2,514 $57,525 $0 $0
2014 $2,514 $57,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Fancher Smith

    Keller Williams

    (901) 351-6436

    5 in this area

    31 Total Sales

    Fancher Smith
    Section Image
  • Leigh Anne Boyd

    Buyer's Agent in 2017

    Leigh Anne Boyd

    Crye-Leike

    (901) 335-7444

    2 in this area

    153 Total Sales

    Leigh Anne Boyd
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9997446

Memphis Area Association of REALTORS®

APN: 06-8066-0-0061

Tennessee Shelby County Memphis 38120 East Memphis

5390 Mcelroy Cove, Memphis, TN

Not Listed for Sale

Detached

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