Google street view image for 562 McElroy Rd, Memphis, TN 38120

OFF MARKET

$307,432

•

2 ba

•

1,917

sq ft

562 McElroy Rd, Memphis, TN 38120

About this home

562 McElroy Rd is a 1,917 square foot house on a 0.44 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Memphis data, we estimate the home's value is $307,432.

Single-familyProperty Type

1963Year Built

0.44 acresLot Size

$160Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$307,432

$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.9% higher than the average sale price ($282K) of 6 comparable homes.

SOLD AUG 4, 2026
$222,000
A
3 beds2 baths— sq ft
430 Rosser Rd, Memphis, TN 38120
SOLD MAY 21, 2026
$289,000
B
3 beds2 baths— sq ft
5333 Mesquite Rd, Memphis, TN 38120
SOLD MAY 29, 2026
$240,000
C
3 beds2 baths1,510 sq ft
5255 Boswell Ave, Memphis, TN 38120
SOLD MAY 12, 2026
$263,500
D
3 beds2 baths— sq ft
5249 Boswell Ave, Memphis, TN 38120
SOLD AUG 4, 2026
$305,000
E
3 beds2 baths— sq ft
5301 Denwood Ave, Memphis, TN 38120
SOLD JUN 8, 2026
$375,000
F
3 beds2 baths— sq ft
5126 Verosa Ave, Memphis, TN 38117

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$2,297/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

OPEN SUN, 2PM TO 4PM
$339,000
3 beds2 baths— sq ft
261 N Yates Rd, Memphis, TN 38120
NEW 12 HRS AGO
$225,000
2 beds2.5 baths— sq ft
855 S Yates Rd #3, Memphis, TN 38120
NEW 23 HRS AGO
$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
OPEN SAT, 12PM TO 2PM
$1,250,000
5 beds5.5 baths— sq ft
6229 River Grove Cv, Memphis, TN 38120
$379,900
3 beds2.5 baths— sq ft
160 Sylben Cv, Memphis, TN 38120
$354,950
3 beds2 baths— sq ft
5362 Wilton Ave, Memphis, TN 38120
$1,625,000
3 beds4 baths— sq ft
6245 Green Meadows Rd, Memphis, TN 38120
OPEN SAT, 10AM TO 11:30AM
$1,650,000
5 beds5.5 baths— sq ft
425 N River Oaks Rd, Memphis, TN 38120
See all

Provided by Redfin

Sale history for 562 McElroy Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$3,740 (−14.8%)

$16,900 + $54,050

$70,950

2024

$4,391 (+8.1%)

$16,900 + $54,050

$70,950

2023

$4,062

$12,925 + $53,750

$66,675

2022

$4,062 (−1.2%)

$12,925 + $53,750

$66,675

2021

$4,109 (+12.5%)

$12,925 + $53,750

$66,675

2020

$3,654

$12,925 + $53,750

$66,675

2019

$3,654

$12,925 + $37,500

$50,425

2018

$3,654 (+76.3%)

$12,925 + $37,500

$50,425

2017

$2,072 (−1.0%)

$12,925 + $37,500

$50,425

2016

$2,094

$12,925 + $37,500

$50,425

2014

$2,094

$12,400 + $35,525

$47,925

Tax history for 562 McElroy Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,740 (−14.8%)

$16,900 + $54,050

$70,950

2024

$4,391 (+8.1%)

$16,900 + $54,050

$70,950

2023

$4,062

$12,925 + $53,750

$66,675

2022

$4,062 (−1.2%)

$12,925 + $53,750

$66,675

2021

$4,109 (+12.5%)

$12,925 + $53,750

$66,675

2020

$3,654

$12,925 + $53,750

$66,675

2019

$3,654

$12,925 + $37,500

$50,425

2018

$3,654 (+76.3%)

$12,925 + $37,500

$50,425

2017

$2,072 (−1.0%)

$12,925 + $37,500

$50,425

2016

$2,094

$12,925 + $37,500

$50,425

2014

$2,094

$12,400 + $35,525

$47,925

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

Zoning and permits

Zoning
Permits

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

Oct 4, 2021 • Final

Residential accessory structure

Construct a detached two-car garage.

ADU

Oct 7, 2020 • Final

Residential electrical

Replace the electrical riser with a mast pipe through the roof.

Electrical

Roofing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable

Property Information
Subdivision Name: WHITE-MOOR
Living Sq. Ft: 1,917
Ground Floor Sq. Ft: 1,917
Building Sq. Ft: 1,917
# of Stories: 1
Stories Type: 1

Parking & Garage Information
Parking Type: Detached Frame Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Detached Frame

Lot Information
# of Buildings: 1
Land Sq. Ft: 19,299
Legal Lot Number: 2
Municipality Name: MEMPHIS
Acres: 0.443
Depth Footage: 196
Front Footage: 103
Zoning Code: R-6
County Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,917
Stories: 1.0
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: —
County: Shelby County
APN: 068066 00001

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

Richland Elementary School

Public PreK-5 • Assigned • 0.7mi

9/10

White Station Middle School

Public 6-8 • Assigned • 0.5mi

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

$293,000 – $354,000

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

Nearby similar homes

OPEN SUN, 2PM TO 4PM

$339,000

3 beds2 baths— sq ft

261 N Yates Rd, Memphis, TN 38120

$434,000

5 beds3.5 baths— sq ft

5409 Sycamore Grove Ln, Memphis, TN 38120

$299,000

4 beds2.5 baths— sq ft

4982 Wilburn Ave, Memphis, TN 38117

$299,000

3 beds1.5 baths— sq ft

4981 Verosa Ave, Memphis, TN 38117

$679,000

5 beds3 baths— sq ft

98 S Grove Park St, Memphis, TN 38117

$1,095,000

4 beds6.5 baths— sq ft

42 Wood Grove Dr, Memphis, TN 38117

New listings for sale in 38120

OPEN SUN, 2PM TO 4PM

$339,000

3 beds2 baths— sq ft

261 N Yates Rd, Memphis, TN 38120

NEW 12 HRS AGO

$225,000

2 beds2.5 baths— sq ft

855 S Yates Rd #3, Memphis, TN 38120

NEW 23 HRS AGO

$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

OPEN SAT, 12PM TO 2PM

$1,250,000

5 beds5.5 baths— sq ft

6229 River Grove Cv, Memphis, TN 38120

$379,900

3 beds2.5 baths— sq ft

160 Sylben Cv, Memphis, TN 38120

$354,950

3 beds2 baths— sq ft

5362 Wilton Ave, Memphis, TN 38120

$1,625,000

3 beds4 baths— sq ft

6245 Green Meadows Rd, Memphis, TN 38120

Home values near 562 McElroy Rd

Data from public records.

Address	Redfin Estimate
561 McElroy Road, Memphis, TN 3 Beds \| 2 Baths \| 1743 Sq. Ft.	$294,481
555 McElroy Road, Memphis, TN 3 Beds \| 2 Baths \| 1636 Sq. Ft.	$251,822

Address	Redfin Estimate
552 McElroy Road, Memphis, TN 4 Beds \| 2.5 Baths \| 2600 Sq. Ft.	$401,535
529 McElroy Road, Memphis, TN 3 Beds \| 2.5 Baths \| 2404 Sq. Ft.	$388,675

Address	Redfin Estimate
541 McElroy Road, Memphis, TN 4 Beds \| 2.5 Baths \| 2345 Sq. Ft.	$400,246
559 McElroy Road, Memphis, TN 3 Beds \| 2 Baths \| 1711 Sq. Ft.	$284,529

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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 562 McElroy Rd

Tax history for 562 McElroy Rd

Zoning and permits

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 562 McElroy Rd

More real estate resources