SOLD MAR 3, 2026

Off Market Mar 2026 for $170K

$253,016

Est. refi paymentEst. refi $1,319/mo

•

956

sq ft

517 Malboro Rd, Memphis, TN 38120

About this home

Welcome to 517 Malboro Road in the sought after Mary Lou Heights subdivision, a well established family neighborhood where the rare combination of excellent schools and affordability intersect. This home has been thoughtfully updated featuring an open living/dining layout, and abundant natural light that creates a warm, inviting feel from the moment you walk in. The updated kitchen features modern appliances, ample cabinetry, and a convenient pass-through perfect for entertaining. Ask about the assumable 2.75% mortgage — it could significantly reduce your monthly payment compared to today’s typical rates. With its location, updates, large yard, and financing opportunity, this home delivers exceptional value compared to others in the area.

Single-familyProperty Type

1955Year Built

7,405 sq ftLot Size

$265Est. Price/Sq.Ft.

1 spaceParking

Listed by • Real Estate Agency

Contact: 9019078394

Redfin checked: 2 minutes ago

•Source:REALTRACS as Distributed by MLS Grid #3167029

Redfin Estimate

$253,016

$83K since sold in March 2026$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.6% higher than the average sale price ($217K) of 6 comparable homes.

SOLD JUN 16, 2026
$180,000
A
3 beds1.5 baths— sq ft
506 Mcdermitt Rd, Memphis, TN 38120
SOLD APR 9, 2026
$180,000
B
3 beds1 bath— sq ft
524 Mineral Rd, Memphis, TN 38120
SOLD DEC 22, 2025
$160,000
C
3 beds1 bath1,025 sq ft
409 Malboro Rd, Memphis, TN 38120
SOLD MAR 6, 2026
$157,500
D
3 beds1 bath— sq ft
476 Mcdermitt St, Memphis, TN 38120
SOLD NOV 3, 2025
$299,999
E
3 beds2 baths1,400 sq ft
432 Malboro Rd, Memphis, TN 38120
SOLD JUN 11, 2026
$325,000
F
3 beds2 baths— sq ft
293 Betty Jo Ln, Memphis, TN 38117

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,642/mo

Redfin rental estimate

List your home for rent

Market trends in 38120, TN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.9%

+0.1% MoM

Median sale price

$450K

$25K MoM

Avg. days on market

31d

4 days MoM

Recently sold homes

8 MoM

New listings for sale

$489,000
4 beds3.5 baths— sq ft
6600 Quail Pointe Cir, Memphis, TN 38120
3D WALKTHROUGH
$295,000
4 beds2 baths— sq ft
5585 Milford Rd, Memphis, TN 38120
OPEN SUN, 1PM TO 3PM
$750,000
4 beds4.5 baths— sq ft
965 Village Oak Cv, Memphis, TN 38120
OPEN SUN, 1PM TO 3PM
$110,000
2 beds2 baths— sq ft
6684 Whispering Oak Pl #1, Memphis, TN 38120
$565,000
3 beds3.5 baths— sq ft
938 W Riverwalk Dr, Memphis, TN 38120
$339,000
3 beds2 baths— sq ft
261 N Yates Rd, Memphis, TN 38120
$225,000
2 beds2.5 baths— sq ft
855 S Yates Rd #3, Memphis, TN 38120
$319,900
4 beds2 baths— sq ft
5492 Mesquite Rd, Memphis, TN 38120
$319,900
3 beds3 baths— sq ft
255 Aviva Dr, Memphis, TN 38120
$499,000
5 beds3.5 baths— sq ft
6629 Massey Ln, Memphis, TN 38120
See all

Provided by Redfin

Sale history for 517 Malboro Rd

Date

Event

Price

Public Records

Apr 14, 2026

Sold

$170,000

$178/sq ft

REALTRACS as Distributed by MLS Grid #3167029

Mar 3, 2026

Sold

$170,000

$178/sq ft

Feb 10, 2026

Listed

$180,000

$188/sq ft

Memphis Area Association of Realtors(R) MLS #10214330

Mar 3, 2026

Sold

$170,000

$178/sq ft

Feb 10, 2026

Listed

$180,000

$188/sq ft

+20

Memphis Area Association of Realtors(R) MLS #10092320

Feb 24, 2021

Sold

$168,000

$176/sq ft

Jan 22, 2021

Listed

$165,000

$173/sq ft

EARA #35830

Feb 26, 2021

Sold

$172,000

$180/sq ft

Jan 21, 2021

Listed

$165,000

$173/sq ft

+15

Address is 517 Malboro, Memphis, TN Check out this adorable, completely renovated, home in sought after Mary Lou Heights! You will fall in love the minute you walk thru the door!

Memphis Area Association of Realtors(R) MLS #1

Nov 17, 2020

Price Changed

$169,500

$177/sq ft

Oct 1, 2020

Price Changed

$170,000

$178/sq ft

Public Records

Dec 19, 2019

Sold

$65,000

$68/sq ft

Public Records

Mar 16, 1998

Sold

$56,000

$59/sq ft

Memphis Area Association of Realtors(R) MLS #9700819

Dec 27, 1997

Listed

$56,000

$59/sq ft

Public Records

Aug 27, 1993

Sold

$55,497

$58/sq ft

Public Records

Jul 27, 1989

Sold

$49,000

$51/sq ft

Public Records

May 28, 1970

Sold

$14,178

$15/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,517 (−11.5%)

$10,000 + $37,750

$47,750

2024

$2,845 (+8.1%)

$10,000 + $37,750

$47,750

2023

$2,632

$5,900 + $37,300

$43,200

2022

$2,632 (−1.2%)

$5,900 + $37,300

$43,200

2021

$2,662 (+122.7%)

$5,900 + $37,300

$43,200

2020

$1,196

$5,900 + $37,300

$43,200

2019

$1,196

$4,800 + $11,700

$16,500

2018

$1,196 (+76.3%)

$4,800 + $11,700

$16,500

2017

$678 (−15.2%)

$4,800 + $11,700

$16,500

2016

$800

$4,800 + $11,700

$16,500

2014

$800

$5,550 + $12,775

$18,325

Tax history for 517 Malboro Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,517 (−11.5%)

$10,000 + $37,750

$47,750

2024

$2,845 (+8.1%)

$10,000 + $37,750

$47,750

2023

$2,632

$5,900 + $37,300

$43,200

2022

$2,632 (−1.2%)

$5,900 + $37,300

$43,200

2021

$2,662 (+122.7%)

$5,900 + $37,300

$43,200

2020

$1,196

$5,900 + $37,300

$43,200

2019

$1,196

$4,800 + $11,700

$16,500

2018

$1,196 (+76.3%)

$4,800 + $11,700

$16,500

2017

$678 (−15.2%)

$4,800 + $11,700

$16,500

2016

$800

$4,800 + $11,700

$16,500

2014

$800

$5,550 + $12,775

$18,325

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

60 ft.

Lot depth

125 ft.

Lot size

7,500 Sq. Ft.

Year renovated

1995

Sq. Ft.

941

Year built

1955

Style

Single Family Residential

County

Shelby County

APN

068068 00009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

R-6

Residential Single Family-6 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space

Property details

Parking

Parking Information
Covered Spaces: 1
Parking Total: 1
Parking Features: Attached, Parking Pad
Has Carport
Carport Spaces: 1

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 1

Room 1 Information
Room Type: Bedroom 1
Room Dimensions: 11x9

Room 2 Information
Room Type: Bedroom 2
Room Dimensions: 10x9

Room 3 Information
Room Type: Bedroom 3
Room Dimensions: 10x9

Room 4 Information
Room Type: Kitchen
Room Dimensions: 15x7

Room 5 Information
Room Type: Living Room
Room Dimensions: 17x11

Laundry Room Information
Laundry Features: Washer Hookup

Heating & Cooling
Has Heating
Heating Information: Natural Gas
Has Cooling
Cooling Information: Central Air

Interior Features
Flooring: Wood

Exterior

Exterior Features
Patio And Porch Features: Porch

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor

Lot Information
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Dimensions: 60x125
Lot Size Source: Assessor

Financial

Tax Information
Tax Annual Amount: $2,516

Utilities

Utility Information
Utilities: Natural Gas Available

Location

HOA Information
Has HOA

Location Information
Directions: From White Station, turn onto Mason and head East. Turn left onto Malboro Rd, 517 is the 4th house north of McGill, its on the west side of the street.

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 941
Stories: 1.0
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1995
County: Shelby County
APN: 068068 00009

Home facts updated by county records on Jul 13, 2026

Other

Home Information
Living Area: 956
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 956
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More

Around this home

Schools

Richland Elementary School

Public PreK-5 • Assigned • 0.6mi

9/10

White Station Middle School

Public 6-8 • Assigned • 0.4mi

8/10

White Station High School

Public 9-12 • Assigned • 2.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 110° expected this year, 21 days in 30 years

4/10 Wind Factor

17% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38120

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$241,000 – $291,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

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Home values near 517 Malboro Rd

Data from public records.

Address	Redfin Estimate
514 Malboro Rd, Memphis, TN 4 Beds \| 2 Baths \| 1617 Sq. Ft.	$232,361
508 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$212,966

Address	Redfin Estimate
489 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$242,126
529 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$182,080

Address	Redfin Estimate
532 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$164,868
502 Malboro Rd, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$169,416

Property information provided by REALTRACS as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38120, TN

Sale history for 517 Malboro Rd

Tax history for 517 Malboro Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38120

Home values near 517 Malboro Rd

More real estate resources