505 Elmfield Cove Memphis, TN 38127
3
Beds
2
Baths
1,000-1,199
Sq Ft
6,970
Sq Ft Lot
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Central Heating and Cooling System
- 1 Fireplace
- Porch
- Partially Carpeted
About This Home
As of April 2025Looking for an immediate ROI? This tenant occupied property gives you just that. Currently rented through 5/2025. This property is currently professionally managed and rent rolls are available upon request. Lots of room to increase rent at renewal time based on zillow estimates to $1126. Please do not disturb the tenant. No wholesale or creative financing offers. No showings without an accepted offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $433
Year Built
- Built in 1987
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 60x120
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,061 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Separate Formal Living Room
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- Northaven Sec E Subdivision
Listing and Financial Details
- Assessor Parcel Number D0134 P00038
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $81,500 | -5.2% | $82 / Sq Ft |
| 03/11/2025 03/11/25 | For Sale | $86,000 | +5.5% | $86 / Sq Ft |
| 03/04/2025 03/04/25 | Off Market | $81,500 | -- | -- |
| 01/28/2025 01/28/25 | Price Changed | $86,000 | -10.4% | $86 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $96,000 | +308.5% | $96 / Sq Ft |
| 11/01/2017 11/01/17 | Sold | $23,500 | -13.0% | $24 / Sq Ft |
| 10/13/2017 10/13/17 | Pending | -- | -- | -- |
| 10/07/2017 10/07/17 | For Sale | $27,000 | -- | $27 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $433 | $12,775 | $1,475 | $11,300 |
| 2023 | $433 | $12,775 | $1,475 | $11,300 |
| 2022 | $433 | $12,775 | $1,475 | $11,300 |
| 2021 | $441 | $12,775 | $1,475 | $11,300 |
| 2020 | $377 | $9,300 | $1,475 | $7,825 |
| 2019 | $377 | $9,300 | $1,475 | $7,825 |
| 2018 | $377 | $9,300 | $1,475 | $7,825 |
| 2017 | $382 | $9,300 | $1,475 | $7,825 |
| 2016 | $462 | $10,575 | $0 | $0 |
| 2014 | $462 | $10,575 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $23,200 | New Conventional | |
| Previous Owner | $48,000 | Unknown | |
| Previous Owner | $54,900 | Unknown | |
| Previous Owner | $48,000 | No Value Available | |
| Previous Owner | $24,300 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $23,500 | Regency Title & Escrow Pllc | |
| Warranty Deed | $29,000 | None Available | |
| Special Warranty Deed | $12,000 | Edco Title & Closing Service | |
| Trustee Deed | $59,269 | None Available | |
| Corporate Deed | $32,500 | Associates Closing & Title H | |
| Trustee Deed | $30,801 | None Available | |
| Warranty Deed | $60,000 | Equity Title & Escrow Co | |
| Quit Claim Deed | -- | -- | |
| Trustee Deed | $43,000 | -- |
Source: Public Records
About the Listing Agent
Let Lilly take you home! Her passion for people, customer satisfaction and love for the greater Memphis area can be just what you need to find you the perfect home.
Lakesha Lilly's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10184813
APN: D0-134-P-00038
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