Sold
Last Sold Price
2 beds840 sqft
321 Elder Rd, Memphis, TN 38109
Single FamilyProperty Type
0.17 acresLot Size
1954Year Built
$69/sq ftPrice per sq ft

Description

Great house for a investor. Priced right. Good condition.Great house for a investor. Priced right. Good condition.
  • Listed by: Joe King • Marathon REALTORS, LLC
Listing closed: 12/29/2025 12:00 AM • Source: MAARMLS, MLS#: 10209529

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Recent comparable sales

Median sold price

$62,000

Avg days on market

67

Sale-to-list ratio

96.3%

Memphis, TN

9 comparable properties found

$49,900 | 3202 Old Horn Lake Road, Memphis, TN 38109
1/17
1

$49,900

Sold 09/03/26

2
Bedrooms
819
Square Feet
0.33
Acres
a front view of a house with a yard
1/9
2

$72,000

Sold 01/24/25

2
Bedrooms
826
Square Feet
0.19
Acres
a front view of a house with a yard
1/7
3

$49,750

Sold 01/15/25

2
Bedrooms
999
Square Feet
0.11
Acres
a view of a brick house with large windows and a yard with plants and large trees
1/2
4

$47,000

Sold 08/11/26

2
Bedrooms
877
Square Feet
0.29
Acres
a front view of a house with a yard
1/11
5

$78,500

Sold 11/07/25

2
Bedrooms
790
Square Feet
0.19
Acres
$81,500 | 325 Glencoe Road, Memphis, TN 38109
1/21
6

$81,500

Sold 04/03/25

2
Bedrooms
808
Square Feet
0.17
Acres
a house that has a tree in front of it
1/20
7

$52,000

Sold 07/24/25

2
Bedrooms
777
Square Feet
0.11
Acres
a view of a white house with large windows and a small yard
1/8
8

$65,000

Sold 01/30/26

2
Bedrooms
816
Square Feet
0.14
Acres
a view of a house with a yard
1/13
9

$62,000

Sold 12/02/25

3
Bedrooms
922
Square Feet
0.2
Acres

Location

Listing Courtesy of Marathon REALTORS, LLC

Sold By Marathon REALTORS, LLC

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Payment Calculator

$383 per month

30 year fixed, 7.03% Interest

Principal and Interest

$310

Property Taxes

$73

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 321 Elder Road

Property Details
  • Taxes: $879 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 762B
  • Style: Traditional
  • MAAR Subdivision Name: J E WALKER HOMES
  • Legal Subdivision Name: J E WALKER HOMES
Building Information
  • Stories: 1
  • Year Built: 1954
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • Address: 321 ELDER RD
  • Address Search Number: 321
  • Directions: West on Mitchell from Horn Lake. South on Daggett. West on Elder.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 11-11-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: Mitchell/Westwood
  • Neighborhood Association: None
Parking
  • Parking Display: N0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 11-11-2025
Property
Lot Information
  • Lot Size: 50X150
  • Acreage: .17
  • Lot Num: 76
  • Lot Description: Level
  • Parcel ID: 075079 00004
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Wood/Composition
  • Misc Exterior: Other (See REMARKS)
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Other (See REMARKS)
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Other (See Remarks)
  • Total Baths: 1

Property History for 321 Elder Road

DateEvent & SourcePriceAppreciation
Dec 29, 2025

Sold (Public Record)

Public Record #1925239058

$58,000

-16.6% / yr

Dec 29, 2025

Sold

MAARMLS #10209529

$58,000—
Dec 5, 2025

Contract Signed

MAARMLS #10209529

—
DateEvent & SourcePrice
12/29/2025

Sold (Public Record)

Public Record #1925239058

$58,000

-16.6% / yr

12/29/2025

Sold

MAARMLS #10209529

$58,000
12/05/2025

Contract Signed

MAARMLS #10209529

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 321 Elder Road

Taxable ValueLand$1,775Additions$17,150Total$18,925
Tax Record2025$509 ($42 / month)
Home Facts
Beds2Baths1Total Finished SqFt808 SqFtAbove Grade Finished SqFt808 SqFtStories1Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated2007ZoningR-6CountySHELBYAPN07-5079-0-0004

Schools near 321 Elder Road

This home is within Memphis-Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ford Road Elementary School
PublicPK to 5

Chickasaw Junior High School
Public6 to 8

Mitchell High School
Public9 to 12

Southwest Career And Technical School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 321 Elder Road, Memphis, TN 38109
$58,000
2
840
7,405
–
3
1
1,060
7,500
–
4
1
1,312
7,500
$6,500
5
3
1,894
7,492
$110,000
3
1
808
6,578
$47,700
3
1
849
6,752

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marathon REALTORS, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.