540 McElroy Rd

Memphis, TN 38120

$270,000
Last Sold Price
5
Beds
3,336 Sq. Ft.
$81 / Sq. Ft.
3,336
Sq. Ft.
$81
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 4/21/16
Closed 4/21/16

Description

Extremely rare opportunity to own this type of property at this price. This home offers an updated and open kitchen, separated den, living rm, and dining rm, and 4 bedrooms in the main house. A large quest house/mother in law wing/office, is connected to the main house by way of a fabulous atrium/sunroom. This wing includes the 5th bedroom, full bath, living room, and kitchen. The spaces can flow together as one or can function as a rent generating apartment. 3 covered parking spaces.Extremely rare opportunity to own this type of property at this price. This home offers an updated and open kitchen, separated den, living rm, and dining rm, and 4 bedrooms in the main house. A large quest house/mother in law wing/office, is connected to the main house by way of a fabulous atrium/sunroom. This wing includes the 5th bedroom, full bath, living room, and kitchen. The spaces can flow together as one or can function as a rent generating apartment. 3 covered parking spaces.
  1. Listed by Loyd Templeton • Hobson, REALTORS
  2. Listed by Amy Moss • Hobson, REALTORS

Property Details for 540 McElroy Road

Area
756B
Style
Traditional
MAAR Subdivision Name
MCELROY
Legal Subdivision Name
MCELROY
LISTING CLOSED: 04/21/2016 12:00 AM

Property Details for 540 McElroy Road

StatusClosed
MLS #9971397
Days on Market31
Taxes$6,795 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1969
Lot Size0.40 AC / 17,424 SF
CountyShelby County
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Location

Listing Courtesy of Hobson, REALTORS

Sold By Crye-Leike, Inc., REALTORS

Add your commute

Building Information for 540 McElroy Road

Stories1Year Built1969Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

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$1,939 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,372

Property Taxes

$566

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 540 McElroy Road

Summary
Location and General Information
  • Address: 540 MCELROY RD
  • Address Search Number: 540
  • Directions: From Walnut Grove and White Station * Travel north on White Station towards Summer Ave. * Take a right on Mason and a Left on Mcelroy. Home will be on the right.
  • Map Coordinate: B
  • MLS Map Num: White Station
  • Neighborhood Association: None
Parking
  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Parking Display: C3A
  • Parking/Storage: Driveway/Pad, Storage Room(s)
Taxes and HOA Information
  • LVT Date: 02-27-2016
Property
Lot Information
  • Lot Size: 105X341
  • Acreage: .40
  • Lot Num: 8
  • Lot Description: Wooded, Level, Wood Fenced, Chain Fenced
  • Parcel ID: 068066 00071
Property and Assessments
  • Detached Unit Type: General Residential
  • Flood Insurance Required: No
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Security: Burglar Alarm
  • Service Type: Full Service Listing
  • Termite Contract: Yes
Utilities
  • Cooling: Central
  • Water & Sewer: Gas Water Heater, Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)
  • Misc Exterior: Dog Run, Storage Building, Patio
  • Misc. Interior: Wet Bar, Walk-In Closet(s), Permanent Attic Stairs
  • Pool Description: In Ground
  • Roof: Composition Shingles
Interior Features
  • Num of Fireplaces: 1.0
  • 1st Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room, Sun Room
  • Additional Br/Bath Info: All Bedrooms Down, Master Down
  • Apprx Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 2 Dimensions: 12x11
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 3 Dimensions: 13x11
  • Bedroom 4 Description: Level 1, Carpet
  • Bedroom 4 Dimensions: 12x11
  • Bedroom 5 Description: Level 1, Walk-In Closet, Carpet
  • Bedroom 5 Dimensions: 14x11
  • Bedrooms Down: 5.0
  • Breakfast Dimensions: 10x9
  • Den Great Room Dimensions: 22x13
  • Dining Room Dimensions: 13x11
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling
  • Heating: Central, Gas
  • Interior Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Dishwasher, Cable Wired
  • Kitchen Dimensions: 12x10
  • Living Room Dimensions: 16x12
  • Living/Dining/Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Master Bath Description: Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Carpet
  • Master Bedroom Dimensions: 17x15
  • Other Rooms: Laundry Room, In-Law Quarters, Separate Guest House, 2nd Kitchen, Entry Hall, Attic, Storage Room
  • Total Baths: 3

Property History for 540 McElroy Road

DateEvent & SourcePriceAppreciation
Apr 21, 2016

Sold (Public Record)

Public Record #569189422

$270,100

+35.5% / yr

Apr 21, 2016

Sold

REALTRACS #3163345

$270,000—
Apr 21, 2016

Sold

MAARMLS #9971397

$270,000—
DateEvent & SourcePrice
04/21/2016

Sold (Public Record)

Public Record #569189422

$270,100

+35.5% / yr

04/21/2016

Sold

REALTRACS #3163345

$270,000
04/21/2016

Sold

MAARMLS #9971397

$270,000

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

Public Records for 540 McElroy Road

Taxable ValueLand$28,800Additions$91,800Total$120,600
Tax Record2024$7,942 ($662 / month)
Home Facts
Beds5Baths3Total Finished SqFt3,081 SqFtAbove Grade Finished SqFt3,081 SqFtStories1Lot Size35,850 SqFtStyleSingle Family ResidenceYear Built1969ZoningR-6CountySHELBYAPN068-066- - -00071Fireplace TypeHas Fireplace

Schools near 540 McElroy Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Richland Elementary School
Public - PK to 5
White Station Middle School
Public - 6 to 8
White Station High School
Public - 9 to 12
Compass Community School Frayser Campus
Charter - K to 8
Rating
School
Distance
Richland Elementary School
PublicPK to 5

White Station Middle School
Public6 to 8

White Station High School
Public9 to 12

Compass Community School Frayser Campus
CharterK 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)
552 McElroy Road, Memphis, TN 38120
$254,000
4
2,752
13,939
5352 Wheaton Park, Memphis, TN 38120
–
–
–
–
9,191
5356 Wheaton Park, Memphis, TN 38120
–
–
–
–
7,362
562 McElroy Road, Memphis, TN 38120
–
3
2
1,917
19,297
5379 Mesquite Road, Memphis, TN 38120
–
3
2
1,719
10,934

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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 Hobson, REALTORS

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 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 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 and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.