NOT LISTED FOR SALE

5505 Melvin Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $209,000 - $221,675

2 Beds
1 Bath
1,200-1,399 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2025

Last sale price $227,000 $162 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,303 / mo

134 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Den
  • Richland Elementary School Rated 9+
  • Wood Flooring
  • 4-minute walk to Brennan Park

About This Home

As of March 2025

Back on market! 100% financing available! Priced to sell! Welcome to 5505 Melvin Rd., a beautifully updated 2 BD, 1 BA home in East Memphis, located in the desirable Richland Elementary school district. Just steps from the school! This home features an eat in kitchen with granite countertops, a breakfast bar, and a spacious dining area, 2 generously sized bedrooms, a renovated bathroom, and cozy den. Enjoy the private backyard and expansive patio perfect for relaxing or entertaining. Don’t miss the chance to make this adorable house your new home!

Last Agent to Sell the Property

Catherine Armstrong

BHHS Taliesyn Realty License #356761 Listed on: 09/18/2024

BHHS Taliesyn Realty

Last Buyer's Agent

Ashley Weatherly-Stafford

eXp Realty, LLC License #325621

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 70x99
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,287 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Den
  • Keeping Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Mary Lou Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068053 00002

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MARY LOU HEIGHTS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1287
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, W/D Connection in Kitchen, Kit/DR Combo, Keeping/Hearth Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: N PT 131
  • Acreage: 0.15
  • Keeping Hearth Dimension: 13x12
  • Lot Size: 70X99
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 068053 00002

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.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Mar 4, 2025
Sold by
Bought by
Seller's Agent
Catherine Armstrong
BHHS Taliesyn Realty
Buyer's Agent
Ashley Weatherly-Stafford
eXp Realty, LLC
List Price
$225,000
Sold Price
$227,000
Premium/Discount to List
$2,000
0.89%
Views
96
Current Estimated Value
$217,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,952
Avg. Annual Appreciation
-3.89%
Original Mortgage
$223,870
Interest Rate
0.0625%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
0.0402%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2009
Sold by
Bought by
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

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
$228,000 Titan Title Company
-- Nexus Title & Escrow Llc
$150,000 Summit Title & Escrow Llc
$92,000 Saddle Creek Title Llc
-- None Available
$115,000 Realty Title & Escrow Co
Source: Public Records

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
Closed $223,870
Closed $132,000
Closed $130,000
Source: Public Records

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
03/04/2025 03/04/25 Sold $227,000 +0.9% $189 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $225,000 0.0% $188 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $225,000 0.0% $188 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/15/2025 01/15/25 Price Changed $225,000 -4.3% $188 / Sq Ft
12/27/2024 12/27/24 For Sale $235,000 0.0% $196 / Sq Ft
12/09/2024 12/09/24 Price Changed $235,000 -2.1% $196 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $240,000 -5.9% $200 / Sq Ft
10/02/2024 10/02/24 Price Changed $255,000 -1.9% $213 / Sq Ft
09/18/2024 09/18/24 For Sale $259,900 -- $217 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,569 $58,325 $10,000 $48,325
2024 $1,498 $44,200 $5,425 $38,775
2023 $2,693 $44,200 $5,425 $38,775
2022 $2,693 $44,200 $5,425 $38,775
2021 $1,525 $44,200 $5,425 $38,775
2020 $2,726 $37,625 $9,200 $28,425
2019 $1,203 $37,625 $9,200 $28,425
2018 $1,202 $37,625 $9,200 $28,425
2017 $1,054 $32,225 $9,200 $23,025
2016 $1,357 $31,050 $0 $0
2014 $1,357 $31,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Armstrong

    Seller's Agent in 2025

    Catherine Armstrong

    BHHS Taliesyn Realty

    (901) 603-2684

    1 in this area

    59 Total Sales

    Catherine Armstrong
    Section Image
  • Ashley Weatherly-Stafford

    Buyer's Agent in 2025

    Ashley Weatherly-Stafford

    eXp Realty, LLC

    (901) 870-5657

    3 in this area

    124 Total Sales

    Ashley Weatherly-Stafford
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181491

Memphis Area Association of REALTORS®

APN: 06-8053-0-0002

Tennessee Shelby County Memphis 38120 East Memphis

5505 Melvin Rd, Memphis, TN

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