NOT LISTED FOR SALE

541 Mcelroy Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $377,950 - $411,000

4 Beds
2.5 Baths
2,200-2,399 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $395,000 $165 Per Sq Ft

Current estimated payment $2,249/month

3 Days on Market

Highlights

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

About This Home

As of April 2022

A light-filled home with spacious rooms and open floorplan is ready for you! Enter the two-story foyer and look right out to your secret garden. Primary bedroom with vaulted ceiling, huge ensuite, & walk-in closet downstairs; 3 bedrooms and renovated bath up. You're going to love entertaining indoors or out with a convenient kitchen, keeping room, beautiful dining room, and private patio. The gas fireplace will be a favorite gathering spot. Two car garage, laundry room, and tons of closets!

Last Agent to Sell the Property

Margaret Mikkelsen

Marx-Bensdorf, REALTORS License #355934 Listed on: 03/31/2022

Last Buyer's Agent

Jorge Pereyra

Casa America Realty License #284637

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 95 x 89
  • Wood Fence
  • Landscaped
  • Corner Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,487 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Keeping Room
  • Termite Clearance

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Mckenzie Park Pd Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 068006 C00017

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: McKans Cove
  • MAAR Subdivision Name: MCKENZIE PARK
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2487
  • Termite Contract: Yes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1/2 Bath, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Renovated Bathroom, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Washer/Dryer Connections, Keeping/Hearth Room
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Smooth Ceiling, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 255
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Corner, Landscaped, Wood Fenced
  • Lot Number: 17
  • Acreage: 0.19
  • Keeping Hearth Dimension: 21x14
  • Lot Size: 95 X 89

Tax Info

  • Assessor Parcel Number: 068006 C00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Donald And April Jack Charitable Lead Tr and Jack April L
Bought by
Francisco Karina and Gallegos Hernan
Current Estimated Value
$393,238

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 22, 2022
Sold by
Thorman Hartig Margaret
Bought by
Gallegos Hernan and Gallegos Francisco Karina
Seller's Agent
Margaret Mikkelsen
Marx-Bensdorf, REALTORS
Buyer's Agent
Jorge Pereyra
Casa America Realty
List Price
$365,000
Sold Price
$395,000
Premium/Discount to List
$30,000
8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Shea Gwyn R
Bought by
Hartig Margaret Thorman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,425
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 1997
Sold by
Terry & Terry Inc
Bought by
Shea Gwyn R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Francisco Karina $125,000 Home Surety Title & Escrow
Gallegos Hernan $395,000 Realty Title & Escrow
Hartig Margaret Thorman $267,500 Stewart Title Of Memphis Inc
Shea Gwyn R $191,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hartig Margaret Thorman $7,425
Previous Owner Hartig Margaret Thorman $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $395,000 +8.2% $180 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $365,000 -- $166 / 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 $2,307 $103,425 $18,775 $84,650
2024 -- $68,050 $18,775 $49,275
2023 $4,145 $68,050 $18,775 $49,275
2022 $4,145 $68,050 $18,775 $49,275
2021 $2,348 $68,050 $18,775 $49,275
2019 $1,795 $56,175 $18,775 $37,400
2018 $1,795 $56,175 $18,775 $37,400
2017 $1,838 $56,175 $18,775 $37,400
2016 $2,514 $57,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Mikkelsen

    Seller's Agent in 2022

    Margaret Mikkelsen

    Marx-Bensdorf, REALTORS

    (646) 898-6901

    26 in this area

    80 Total Sales

    Margaret Mikkelsen
    Section Image

  • J

    Buyer's Agent in 2022

    Jorge Pereyra

    Casa America Realty

    (901) 550-4407

    2 in this area

    40 Total Sales

    Jorge Pereyra
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120667

Memphis Area Association of REALTORS®

APN: 06-8006-C0-0017

Tennessee Shelby County Memphis 38120 East Memphis

541 Mcelroy Rd, Memphis, TN

Not Listed for Sale

Detached

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