See Home Value
Memphis 38120
223 MONTELO
$252,000 - $306,000
House - Off Market

223 MONTELO

Memphis, TN 38120
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
Sold Apr 03, 2024
$254,000
$175,000 by First Alliance Home Mtg, Llc
Mortgage Due Apr 01, 2054
Sold May 26, 2021
$230,000
$223,100 by Better Mortgage Corporation
Mortgage Due Jun 01, 2051

About This Property

Come check out this cute 3 bed/1.5 bath ranch, walking distance to Richland Elementary School! You will LOVE the spacious great room that opens to the kitchen with a large breakfast bar. Private, fenced-in backyard w patio, large garage plus extra storage (Conveys As-Is). Location is KEY! This home is convenient to everything, but tucked away in a quiet neighborhood with nearby Green Line access. Come see for yourself! This one won't last- hurry!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Mar 19, 2024 No longer available -
No longer available
Mar 1, 2024 In contract -
In contract
Feb 7, 2024 Listed $279,900
Listed
Oct 6, 2021 No longer available -
No longer available
May 26, 2021 Sold to Christopher Samuel Boone $230,000
Sold to Christopher Samuel Boone
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,534
  • Gross Building Area: 1,534
  • Building Area: 1,534
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,534
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARY LOU HEIGHTS
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GAO QINGSONG
  • Previous Owner : BOONE CHRISTOPHER SAMUEL
  • Owner Before Previous Owner: ADKINS WILLIAM PEYTON
  • Owner Before Previous Owner 2: ADKINS ALLIVIA METZGERE
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009202

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-8055-0-0018
  • Lot: 87
  • Municipality: MEMPHIS
  • Latitude: 35.1372
  • Longitude: -89.877

    Address

  • Full Address: 223 Montelo Rd
  • Address - House Number: 223
  • Address - Street Name: Montelo
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C028
  • 4-Digit Zip Code: 1812
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,522

    Appraisal Valuation

  • Standard Deviation: 0.1088
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 89
  • Final Value: 275,479
  • High Value: 305,457
  • Low Value: 245,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: FIRST ALLIANCE HOME MTG, LLC
  • First Open Lien Mortgage Recording Date: Apr 03, 2024
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $231,300
  • Market Land Value: $28,400
  • Market Improvement Value: $202,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,825
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $50,725

    Sales

  • Current Sale Contract Date: Mar 28, 2024
  • Current Sale Recording Date: Apr 03, 2024
  • Current Sale Transaction ID: 11923649221
  • Current Sale Price: $254,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26900
  • Previous Sale Recording Date: May 26, 2021
  • Previous Sale Contract Date: May 10, 2021
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ALLIANCE HOME MTG, LLC
  • First Mortgage Transaction Date: Apr 03, 2024
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: BETTER MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: May 26, 2021
  • Previous Mortgage Loan Amount: $223,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
-
$299,999 Nov 28, 2023
-
$368/mo
House
3 Beds
2 Baths
-
$299,000 Feb 13, 2024
-
$302/mo
House
3 Beds
2 Baths
-
$325,000 Jan 2, 2024
-
$327/mo
House
3 Beds
2 Baths
-
$275,000 Oct 20, 2022
-
-

About Memphis


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Frequently Asked Questions

When was property at 223 Montelo Road built and last sold?
The property at 223 Montelo Road was built in 1955 and last sold on Mar 28, 2024 for $254,000.
How much is this home worth?
The estimated value of the home located at 223 Montelo Road is $282,699.
What are some comparable homes to 223 Montelo Road?
Homes that are comparable to 223 Montelo Road include a house property at 5494 Mason Road, 5673 Normandy Road, 5705 Dunwoody Avenue.

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