Sold
Last Sold Price
3 beds956 sqft$178/sqft
517 Malboro Rd, Memphis, TN 38120
Single FamilyProperty Type
7,405 sq ftLot Size
1955Year Built
$178/sq ftPrice per sq ft
1 carParking Spaces

Description

Welcome to 517 Malboro Road in the sought after Mary Lou Heights subdivision, a well established family neighborhood where the rare combination of excellent schools and affordability intersect. This home has been thoughtfully updated featuring an open living/dining layout, and abundant natural light that creates a warm, inviting feel from the moment you walk in. The updated kitchen features modern appliances, ample cabinetry, and a convenient pass-through perfect for entertaining. Ask about the assumable...Welcome to 517 Malboro Road in the sought after Mary Lou Heights subdivision, a well established family neighborhood where the rare combination of excellent schools and affordability intersect. This home has been thoughtfully updated featuring an open living/dining layout, and abundant natural light that creates a warm, inviting feel from the moment you walk in. The updated kitchen features modern appliances, ample cabinetry, and a convenient pass-through perfect for entertaining. Ask about the assumable 2.75% mortgage — it could significantly reduce your monthly payment compared to today’s typical rates. With its location, updates, large yard, and financing opportunity, this home delivers exceptional value compared to others in the area.
  • Listed by: Benjamin Boscaccy • Real Estate Agency
Listing closed: 03/03/2026 12:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3167029

Recent comparable sales

Median sold price

$160,000

Avg days on market

37

Sale-to-list ratio

96.4%

Memphis, TN

9 comparable properties found

a front view of a house with a garden
1/25
1

$159,000

Sold 03/24/25

3
Bedrooms
975
Square Feet
0.17
Acres
a front view of a house with a yard
1/12
2

$160,000

Sold 12/22/25

3
Bedrooms
1,025
Square Feet
0.17
Acres
a front view of a house with a yard
1/28
3

$179,900

Sold 06/26/25

3
Bedrooms
983
Square Feet
0.2
Acres
a front view of a house with yard and green space
1/32
4

$175,000

Sold 03/18/25

3
Bedrooms
962
Square Feet
0.17
Acres
$163,000 | 4983 Wilburn Avenue, Memphis, TN 38117
1/13
5

$163,000

Sold 05/28/26

3
Bedrooms
1,080
Square Feet
0.13
Acres
a front view of a house with a yard
1/4
6

$150,000

Sold 02/18/25

3
Bedrooms
1,059
Square Feet
0.16
Acres
a view of a house with a yard
1/8
7

$141,000

Sold 12/20/24

3
Bedrooms
898
Square Feet
0.16
Acres
$135,000 | 889 Avon Road, Memphis, TN 38122
1/8
8

$135,000

Sold 03/14/25

3
Bedrooms
988
Square Feet
0.17
Acres
a front view of a house with a yard
1/2
9

$215,000

Sold 01/06/25

3
Bedrooms
959
Square Feet
0.17
Acres

Location

Listing Courtesy of Real Estate Agency

Sold By McWaters & Associates

Add your commute

Payment Calculator

$1,074 per month

30 year fixed, 6.55% Interest

Principal and Interest

$864

Property Taxes

$210

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 517 Malboro Road

Property Details
  • Taxes: $2,516 / year
  • MLS Type: Residential / Detached Single Family / No
  • Architectural Style: Ranch
  • Subdivision Name: Mary Lou Heights
  • Waterfront: No
Building Information
  • Stories: 1
  • Year Built: 1955
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • Directions: From White Station, turn onto Mason and head East. Turn left onto Malboro Rd, 517 is the 4th house north of McGill, its on the west side of the street.
  • Levels: Three Or More
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
Parking
  • Parking Features: Attached, Parking Pad
  • Parking Total: 1.00
Taxes and HOA Information
  • Condo Coop Association YN: Yes
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Wood
Lot Information
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Parcel Number: 068068 00009
  • Lot Size Area: 0.17
Property and Assessments
  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Available
Interior and Exterior Features
Interior Features
  • Laundry Features: Washer Hookup
Exterior Features
  • Attached Garage: No
  • Carport Spaces: 1
  • Carport: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Patio And Porch Features: Porch
  • Pool Private: No
  • View YN: No
Room Information
Room 1
  • Room Dimensions: 11x9
  • Room Type: Bedroom 1
Room 2
  • Room Dimensions: 10x9
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 10x9
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 15x7
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 17x11
  • Room Type: Living Room

Property History for 517 Malboro Road

DateEvent & SourcePriceAppreciation
Mar 3, 2026

Sold

REALTRACS #3167029

$170,000
Mar 3, 2026

Contract Signed

REALTRACS #3167029

Mar 3, 2026

Sold

MAARMLS #10214330

$170,000
DateEvent & SourcePrice
03/03/2026

Sold

REALTRACS #3167029

$170,000
03/03/2026

Contract Signed

REALTRACS #3167029

03/03/2026

Sold

MAARMLS #10214330

$170,000

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

Public Records for 517 Malboro Road

Taxable ValueLand$10,000Additions$37,750Total$47,750
Tax Record2024$3,145 ($262 / month)
Home Facts
Beds3Baths1Total Finished SqFt941 SqFtAbove Grade Finished SqFt941 SqFtStories1Lot Size7,492 SqFtStyleSingle Family ResidenceYear Built1955Year Renovated1995ZoningR-6CountySHELBYAPN068-068- - -00009Fireplace TypeHas Fireplace

Schools near 517 Malboro Road

This home is within 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
Richland Elementary School
PublicPK to 5

White Station Middle School
Public6 to 8

White Station High School
Public9 to 12

MCS Prep School - Northeast
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.

Similar Homes

New listings in 38120

$486,000 | 5680 North Angela Road, Memphis, TN 38120
1/21

$486,000

4
Bedrooms
3,634
Square Feet
0.39
Acres
$524,000 | 6619 Rue Beaumonde Drive, Memphis, TN 38120
1/39

$524,000

4
Bedrooms
3,373
Square Feet
0.18
Acres
$525,000 | 6373 South Massey Hill Drive, Memphis, TN 38120
1/32
Open: 9/11 02:00PM - 04:00PM

$525,000

4
Bedrooms
4,010
Square Feet
0.19
Acres
$699,900 | 536 Wheaton Park Cove, Memphis, TN 38120
1/40

$699,900

4
Bedrooms
Unavailable
Square Feet
0.17
Acres
a view of a house with a yard
1/38

$325,000

4
Bedrooms
Unavailable
Square Feet
0.27
Acres
front view of a brick house with a small yard
1/39

$599,000

5
Bedrooms
Unavailable
Square Feet
0.47
Acres
$446,000 | 5330 Walnut Grove Road, Memphis, TN 38120
1/31

$446,000

4
Bedrooms
Unavailable
Square Feet
0.4
Acres
$679,000 | 6667 Rue Beaumonde Drive, Memphis, TN 38120
1/25

$679,000

4
Bedrooms
Unavailable
Square Feet
0.17
Acres
$589,900 | 6626 Massey Lane, Memphis, TN 38120
1/35

$589,900

5
Bedrooms
Unavailable
Square Feet
0.37
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 517 Malboro Road, Memphis, TN 38120
$170,000
3
956
7,405
$128,000
3
1,141
7,405
$71,100
3
955
7,405
3
1
941
7,500
$159,000
3
975
7,405
3
1
941
7,492

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 Real Estate Agency

Based on information submitted to the MLS GRID as of 04/02/2026 09:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.