Great Fixer Upper opportunity with equity. Minutes away from everything Memphis and and suburbs have to offer. East Memphis and Broad Ave dining and retail around the corner. 4 bedrooms and a huge basement that could be finished out for more living area. 3 backyard functioning storage rooms. Great school district with White Station Elementary around the corner. Investors welcome/ investor special.
Sold for $194,400
Street View
$194,400
241 Montelo Rd, Memphis, TN 38120
4beds
1,763sqft
Single Family Residence
Built in 1955
8,712 Square Feet Lot
$236,000 Zestimate®
$110/sqft
$2,012 Estimated rent
Home value
$236,000
$212,000 - $260,000
$2,012/mo
Zestimate® history
Owner options
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$1,284/mo
Est. payment
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$1,284/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Grant Moore,
Enterprise, REALTORS
Bought with:
L. Bruce Milner
eXp Realty, LLC
Source: MAAR,MLS#: 10183475
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 182
- Dimensions: 13 x 14
Bedroom 2
- Features: Shared Bath, Hardwood Floor
- Level: First
- Area: 117
- Dimensions: 9 x 13
Bedroom 3
- Features: Shared Bath, Hardwood Floor
- Level: First
- Area: 117
- Dimensions: 9 x 13
Bedroom 4
- Features: Shared Bath, Hardwood Floor
- Level: First
- Area: 99
- Dimensions: 9 x 11
Primary bathroom
- Features: Full Bath
Kitchen
- Area: 91
- Dimensions: 7 x 13
Living room
- Features: Separate Living Room, Separate Den
- Area: 255
- Dimensions: 15 x 17
Den
- Area: 187
- Dimensions: 11 x 17
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Range/Oven
Features
- All Bedrooms Down, Primary Down, Full Bath Down, Textured Ceiling, Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
- Flooring: Part Hardwood, Part Carpet, Tile
- Basement: Partial,Unfinished
- Number of fireplaces: 1
- Fireplace features: In Den/Great Room
Interior area
- Total interior livable area: 1,763 sqft
Property
Parking
- Parking features: Driveway/Pad, Storage, Workshop in Garage
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Covered Patio
- Exterior features: On-Site Storage, Storage
- Pool features: None
- Fencing: Chain Link,Chain Fence
Lot
- Size: 8,712 Square Feet
- Dimensions: 60 x 150
Details
- Additional structures: Storage
- Parcel number: 068055 00015
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Mary Lou Heights
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $237,600
- Annual tax amount: $3,224
- Price range: $194.4K - $194.4K
- Date on market: 10/17/2024
- Cumulative days on market: 24 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Listing removed | $2,025$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Price change | $2,025-1.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/27/2025 | Price change | $2,049-2.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2025 | Price change | $2,099-1.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2025 | Price change | $2,135-0.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/12/2025 | Price change | $2,150-0.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/2/2025 | Price change | $2,165-0.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2025 | Price change | $2,175-0.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/14/2025 | Price change | $2,195-0.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2025 | Price change | $2,199-2.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/6/2025 | Price change | $2,250-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2025 | Price change | $2,295-2.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/23/2025 | Price change | $2,350-1.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2025 | Listed for rent | $2,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2024 | Sold | $194,400-7.4%$110/sqft |
Source:  MAAR #10183475 Report a problem | ||
| 11/10/2024 | Pending sale | $210,000$119/sqft |
Source: MAAR #10183475 Report a problem | ||
| 10/31/2024 | Price change | $210,000-4.5%$119/sqft |
Source: MAAR #10183475 Report a problem | ||
| 10/17/2024 | Listed for sale | $220,000$125/sqft |
Source: MAAR #10183475 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,131 -10.2% | $59,400 +12.2% |
| 2024 | $3,485 +8.1% | $52,925 |
| 2023 | $3,224 | $52,925 |
| 2022 | -- | $52,925 |
| 2021 | -- | $52,925 +42.8% |
| 2020 | $1,184 | $37,050 |
| 2019 | $1,184 -21.1% | $37,050 |
| 2018 | $1,501 -45.1% | $37,050 |
| 2017 | $2,735 +159.3% | $37,050 +19.4% |
| 2016 | $1,055 -15.1% | $31,025 |
| 2014 | $1,243 | $31,025 |
| 2013 | -- | $31,025 -20.4% |
| 2012 | -- | $38,975 |
| 2011 | -- | $38,975 |
| 2010 | -- | $38,975 |
| 2009 | -- | $38,975 +68.7% |
| 2008 | -- | $23,100 |
| 2007 | -- | $23,100 |
| 2006 | -- | $23,100 |
| 2005 | -- | $23,100 -15.7% |
| 2004 | -- | $27,400 |
| 2003 | -- | $27,400 |
| 2002 | -- | $27,400 -7.4% |
| 2001 | -- | $29,575 +9.3% |
| 2000 | -- | $27,050 |
Find assessor info on the county website
Neighborhood: East Memphis-Colonial-Yorkshire
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Nearby schools
GreatSchools rating
- 9/10Richland Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 8/10White Station Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10White Station High SchoolGrades: 9-12Distance: 2.2 mi
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$236,000
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