540 Mcelroy Rd Memphis, TN 38120
East Memphis NeighborhoodEstimated Value: $457,732 - $510,000
Highlights
- Guest House
- In Ground Pool
- Wood Flooring
- Richland Elementary School Rated 9+
- Traditional Architecture
- No HOA
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
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
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glass Brian M | -- | -- | |
| Glass Brian M | $270,000 | Realty Title | |
| Anderson Krystan Overstreet | $163,900 | None Available | |
| Mcelroy Mary Kathryn | $85,108 | None Available |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Glass Brian M | $216,000 | |
| Previous Owner | Anderson Krystan Overstreet | $188,300 | |
| Previous Owner | Mcelroy Mary Kathryn | $60,000 |
Property History
| 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
| 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 | $2,996 | $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: 3163345
APN: 06-8066-0-0071
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Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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- 561 Mcelroy Rd
- 517 Mcelroy Rd
- 5331 McKans Cove
- 5328 McKans Cove
- 512 Mcelroy Rd
- 512 Mcelroy Rd Unit B
- 512 Mcelroy Rd Unit A
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Ask me questions while you tour the home.