501 McElroy Rd, Memphis, TN 38120 Property Records

Shelby County property record for 501 McElroy Rd, Memphis, TN 38120

Property Summary

Property TypePlanned Unit Development
Details3 bd · 2.5 ba · 3,230 sqft · built 1990
Lot Size0.139 acres (6,033 sqft)
Owner2 Individual Names on File
Last Sale$364,000 (Jul 2025)
Tax Bill$2,375 (2025)
Deeds & MortgagesOct 2021 Mortgage
Mar 2018 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN06-8006-B0-0027

Property Details

APN / Parcel Number

Primary APN06-8006-B0-0027

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures10 Plumbing Fixtures
Total Rooms7 Rooms
Stories1 Story
Building Area3,230 sqft Living Area
Gross Area3,642 sqft
1st Floor Area1,580 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1990
Effective Year BuiltEffective 1990
Architectural StyleTraditional
Exterior MaterialBrick Veneer
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area6,033 sqft (0.139 acres)
Lot Dimensions100 ft deep x 60 ft wide
Garage TypeAttached
Garage Area412 sqft
Parking Spaces2 Parking Spaces
PorchOpen Porch
Porch Area60 sqft
Patio Area220 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address501 MCELROY RD
CityMEMPHIS
StateTN
Zip38120-1524
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Planned Unit Development
Local Zoning CodeR-6
Legal DescriptionES BEARS PAW CL (PD)
Legal SubdivisionMCKENZIE PLACE P R D
Legal Lot Number27
JurisdictionSHELBY TN
Township / Civil Division13
Census Block Group1
Census Block1029
Census Tract9202

Owner

501 McElroy Rd, a planned unit development, is owned and occupied by two individuals who bought it in July 2025.

Source: Shelby County records, as of June 2, 2026

Owner of Record2 Individual Names on File
Mailing Address501 MCELROY RD, MEMPHIS, TN 38120-1524
OccupancyOwner Occupied
Owner TypeIndividual
VestingHis Wife

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Oct 11, 2021Deed of Trust, Mortgage · Conventional Mortgage
LOANDEPOT.COM LLC
Mar 16, 2018Deed of Trust, Mortgage · Conventional Mortgage
FINANCIAL FED'L BK
Sep 15, 2017Warranty Deed, Transfer
TITLE AND ESCROW SERVICES

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJul 2, 2025 · Amount on File
Deed SaleJul 2, 2025 · Amount on File
Prior SaleSep 15, 2017 · Amount on File
Deed Document Number202555356
Prior Transfer DateJan 17, 2014
Prior Transfer Doc0000009826
Record UpdatedSep 20, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address501 MCELROY RD, MEMPHIS, TN 38120-1524
Transaction TypeMortgage
Record UpdatedOct 15, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0021127523
DateOct 11, 2021
Instrument21127523
Lender
NameLOANDEPOT.COM LLC
TypeMortgage Company
Address52610
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term312 Months
DueOct 1, 2047

March 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address501 MCELROY RD, MEMPHIS, TN 38120-1524
Document Number0000028405
Instrument DateMar 16, 2018
Transaction TypeMortgage
Record UpdatedApr 5, 2018
Title CompanyCHICAGO TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 MCELROY RD MEMPHIS TN 381201524, MEMPHIS, TN 38120-1524

Mortgage

Document Number0000028405
DateMar 26, 2018
Instrument28405
Lender
NameFINANCIAL FED'L BK
TypeBank
AddressMEMPHIS, TN 38120
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueMar 25, 2048

September 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateSep 15, 2017
Property Address501 MCELROY RD, MEMPHIS, TN 38120-1524
Document Number0000095365
Instrument DateSep 12, 2017
Instrument95365
Transaction TypeTransfer
Record UpdatedSep 21, 2017
Title CompanyTITLE AND ESCROW SERVICES

Transaction

AmountAmount on Record
Tax$1,054.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address501 MCELROY RD MEMPHIS TN 381201524, MEMPHIS, TN 38120-1524

Tax Assessment & Valuation

The 2025 property tax bill for 501 McElroy Rd was $2,375.

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,375.00$88,325 Land $13,375 Building $74,950$353,300 Land $53,500 Building $299,800
2023$74,175 Land $13,375 Building $60,800
2022$4,518.00
2021$296,700 Land $53,500 Building $243,200

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 501 McElroy Rd in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective June 4, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies6 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 501 McElroy Rd is low, with a 0.03% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 72% of Tennessee
Wildfire Likelihood0.03% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMEMPHIS LIGHT, GAS, & WATER
serves 659,500 people · EPA ID TN0000450
Water SourceGroundwater
Last State InspectionApr 2024
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 229 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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