540 Mcelroy Rd Memphis, TN 38120
East Memphis NeighborhoodEstimated Value: $474,827
Highlights
- Guest House
- Traditional Architecture
- No HOA
- In Ground Pool
- Wood Flooring
- In-Law or Guest Suite
About This Home
As of April 2016Extremely rare opportunity to own this type of property at this price. This home offers an updated and open kitchen, separated den, living rm, and dining rm, and 4 bedrooms in the main house. A large quest house/mother in law wing/office, is connected to the main house by way of a fabulous atrium/sunroom. This wing includes the 5th bedroom, full bath, living room, and kitchen. The spaces can flow together as one or can function as a rent generating apartment. 3 covered parking spaces.
Home Details
Home Type
- Single Family
Year Built
- Built in 1969
Lot Details
- 17,424 Sq Ft Lot
- Lot Dimensions are 105x341
- Chain Link Fence
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- Property has 3 Levels
- Wet Bar
- ENERGY STAR Qualified Windows
- Den with Fireplace
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- 3 Full Bathrooms
Parking
- 3 Parking Spaces
- 3 Carport Spaces
- Parking Pad
Outdoor Features
- In Ground Pool
- Patio
Additional Homes
- Guest House
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- Mcelroy Subdivision
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 068066 00071
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.
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $270,000 | Realty Title | ||
| $163,900 | None Available | ||
| $85,108 | None Available |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $216,000 | ||
| Previous Owner | $188,300 | ||
| Previous Owner | $60,000 |
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 |
|---|---|---|---|---|
| 04/21/2016 04/21/16 | Sold | $270,000 | -1.8% | $81 / Sq Ft |
| 04/21/2016 04/21/16 | Pending | -- | -- | -- |
| 04/21/2016 04/21/16 | For Sale | $275,000 | -- | $82 / Sq Ft |
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 | $3,244 | $120,600 | $28,800 | $91,800 |
| 2024 | $2,996 | $88,375 | $22,050 | $66,325 |
| 2023 | $5,383 | $88,375 | $22,050 | $66,325 |
| 2022 | $5,383 | $88,375 | $22,050 | $66,325 |
| 2021 | $5,447 | $88,375 | $22,050 | $66,325 |
| 2020 | $5,088 | $70,225 | $22,050 | $48,175 |
| 2019 | $5,088 | $70,225 | $22,050 | $48,175 |
| 2018 | $5,088 | $70,225 | $22,050 | $48,175 |
| 2017 | $2,886 | $70,225 | $22,050 | $48,175 |
| 2016 | $3,822 | $87,450 | $0 | $0 |
| 2014 | $3,273 | $74,900 | $0 | $0 |
Map
Source: Realtracs
MLS Number: RTC3163345
APN: 06-8066-0-0071
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Ask me questions while you tour the home.