Sold
Last Sold Price
3 beds1,700 sqft
503 Wayne Elam Rd,Ā Ramer, TNĀ 38367
Single FamilyProperty Type
1.57 acresLot Size
1998Year Built
$115/sq ftPrice per sq ft

Description

Spacious 3 bed, 2 bath home featuring a separate, rustic den with vaulted ceilings, tile flooring, and fireplace, large living room with hardwood flooring, eat in kitchen with appliances, large primary bedroom with updated bath, partial wrap around covered front porch, partially covered back patio, and storage building sitting on approximately 1.57 acres.Spacious 3 bed, 2 bath home featuring a separate, rustic den with vaulted ceilings, tile flooring, and fireplace, large living room with hardwood flooring, eat in kitchen with appliances, large primary bedroom with updated bath, partial wrap around covered front porch, partially covered back patio, and storage building sitting on approximately 1.57 acres.
Listing closed: 01/03/2022 12:00 AM • Source: MAARMLS, MLS#: 10111780

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Recent comparable sales

Median sold price

$230,000

Avg days on market

86

Sale-to-list ratio

96.7%

Ramer, TN

9 comparable properties found

a view of a house with backyard and sitting area
1/24
1

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3
Bedrooms
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Square Feet
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Acres
a front view of a house with a yard
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Sold 01/30/26

3
Bedrooms
1,500
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1
Acres
$270,000 | 37 William Teague Lane, Ramer, TN 38367
1/44
4

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Sold 07/16/26

3
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1,560
Square Feet
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Acres
a view of a house with a yard and sitting area
1/15
5

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Sold 08/13/25

3
Bedrooms
1,334
Square Feet
2
Acres
$152,000 | 437 Wayne Elam Road, Ramer, TN 38367
1/17
6

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Sold 06/03/25

3
Bedrooms
1,268
Square Feet
Unavailable
Acres
a house that has a lot of plants in it
1/16
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$195,000

Sold 09/11/25

3
Bedrooms
1,300
Square Feet
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Acres
a house that has a tree in front of it
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Sold 03/02/26

3
Bedrooms
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Square Feet
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Acres
a front view of a house with a yard and garage
1/35
9

$250,000

Sold 05/27/26

3
Bedrooms
3,568
Square Feet
2.5
Acres

Location

Listing Courtesy of Action Realty

Sold By Southern Realty Company

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Payment Calculator

$1,097 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,041

Property Taxes

$56

HOA Dues

$0

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Property Information for 503 Wayne Elam Road

Property Details
  • Taxes: $675 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 6950
  • Style: Traditional
  • MAAR Subdivision Name: None
  • Legal Subdivision Name: None
Building Information
  • Stories: 1
  • Year Built: 1998
  • Lot Size: 1.57 AC / 68,389 SF
Summary
Location and General Information
  • Address: 503 WAYNE ELAM RD
  • Address Search Number: 503
  • Directions: Traveling South on Hwy 45 from Selmer, turn right on to Freddie Davis Rd, then left on to Unity Church Rd, right on to Wayne Elam Rd, property is 2nd house on left.
  • Map Coordinate: 0
  • MLS Map Num: McNairy County
  • Neighborhood Association: None
Parking
  • Parking Display: 0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 10-29-2021
Property
Lot Information
  • Lot Size: 1.57
  • Acreage: 1.57
  • Lot Description: Some Trees
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Conventional
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Public Water, Septic Tank
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Vinyl Siding
  • Misc Exterior: Porch, Covered Patio
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 14x13
  • Dining Room Dimensions: 10x12
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Heating: Central
  • Interior Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Room Dimensions: 16x18
  • Living/Dining/Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen
  • Total Baths: 2

Property History for 503 Wayne Elam Road

DateEvent & SourcePriceAppreciation
Jan 3, 2022

Sold (Public Record)

Public Record #1480818804

$195,000

+15.5% / yr

Jan 3, 2022

Sold

MAARMLS #10111780

$195,000—
Nov 10, 2021

Contract Signed

MAARMLS #10111780

—
DateEvent & SourcePrice
01/03/2022

Sold (Public Record)

Public Record #1480818804

$195,000

+15.5% / yr

01/03/2022

Sold

MAARMLS #10111780

$195,000
11/10/2021

Contract Signed

MAARMLS #10111780

—

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

Public Records for 503 Wayne Elam Road

Taxable ValueLand$1,425Additions$30,850Total$32,275
Tax Record2024$509 ($42 / month)
Home Facts
Beds0Total Finished SqFt1,700 SqFtAbove Grade Finished SqFt1,700 SqFtStories1Lot Size68,389 SqFtStyleSingle Family ResidenceYear Built1998CountyMCNAIRYAPN120 02820

Schools near 503 Wayne Elam Road

This home is within Mcnairy County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Selmer Elementary School
PublicPK to 5

Michie Elementary School
PublicPK to 8

Bethel Springs Elementary School
PublicPK to 8

Ramer Elementary School
PublicPK to 8

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: 503 Wayne Elam Road, Ramer, TN 38367
$195,000
3
1,700
68,389
$152,000
3
1,268
0
$137,000
2
960
49,658
$125,760
–
2
1,572
112,385
$154,500
4
1,968
261,360
$9,000
–
–
–
105,851

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 Action Realty

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.