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.
Closed
$170,000
517 Malboro Rd, Memphis, TN 38120
3beds
956sqft
Single Family Residence, Residential
Built in 1955
7,405.2 Square Feet Lot
$170,200 Zestimate®
$178/sqft
$1,398 Estimated rent
Home value
$170,200
$162,000 - $179,000
$1,398/mo
Zestimate® history
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$1,398/mo
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$1,097/mo
Est. payment
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$1,097/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Benjamin Boscaccy 901-907-8394,
Real Estate Agency
Bought with:
Joel Stark
McWaters & Associates
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3167029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Area: 99 Square Feet
- Dimensions: 11x9
Bedroom 2
- Area: 90 Square Feet
- Dimensions: 10x9
Bedroom 3
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Area: 105 Square Feet
- Dimensions: 15x7
Living room
- Area: 187 Square Feet
- Dimensions: 17x11
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Wood
Interior area
- Total structure area: 956
- Total interior livable area: 956 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Parking Pad
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 1
- Patio & porch: Porch
Lot
- Size: 7,405 sqft
- Dimensions: 60 x 125
Details
- Parcel number: 068068 00009
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Utilities for property: Natural Gas Available
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Mary Lou Heights
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Sold | $170,000-5.6%$178/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3167029 Report a problem | ||
| 2/18/2026 | Pending sale | $180,000$188/sqft |
Source:  MAAR #10214330 Report a problem | ||
| 2/11/2026 | Listed for sale | $180,000+7.1%$188/sqft |
Source: MAAR #10214330 Report a problem | ||
| 2/24/2021 | Sold | $168,000+1.8%$176/sqft |
Source: MAAR #10092320 Report a problem | ||
| 1/22/2021 | Listed for sale | $165,000-2.7%$173/sqft |
Source: Laughter Realty, Inc #35830 Report a problem | ||
| 11/24/2020 | Listing removed | $169,500$177/sqft |
Source: Broad Avenue Realty, LLC #10085823 Report a problem | ||
| 11/17/2020 | Price change | $169,500-0.3%$177/sqft |
Source: Broad Avenue Realty, LLC #10085823 Report a problem | ||
| 10/1/2020 | Price change | $170,000-2.9%$178/sqft |
Source: Broad Avenue Realty, LLC #10085823 Report a problem | ||
| 9/28/2020 | Listed for sale | $175,000+169.2%$183/sqft |
Source: Broad Avenue Realty, LLC #10085823 Report a problem | ||
| 12/19/2019 | Sold | $65,000+16.1%$68/sqft |
Source: Public Record Report a problem | ||
| 3/20/1998 | Sold | $56,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,517 -11.5% | $47,750 +10.5% |
| 2024 | $2,845 +8.1% | $43,200 |
| 2023 | $2,632 | $43,200 |
| 2022 | -- | $43,200 |
| 2021 | -- | $43,200 +161.8% |
| 2020 | $527 | $16,500 |
| 2019 | $527 -21.1% | $16,500 |
| 2018 | $668 -45.1% | $16,500 |
| 2017 | $1,218 +95.5% | $16,500 -10% |
| 2016 | $623 -26.9% | $18,325 |
| 2014 | $852 | $18,325 |
| 2013 | -- | $18,325 -31.4% |
| 2012 | -- | $26,725 |
| 2011 | -- | $26,725 |
| 2010 | -- | $26,725 |
| 2009 | -- | $26,725 +46% |
| 2008 | -- | $18,300 |
| 2007 | -- | $18,300 |
| 2006 | -- | $18,300 |
| 2005 | -- | $18,300 +19.2% |
| 2004 | -- | $15,350 |
| 2003 | -- | $15,350 |
| 2002 | -- | $15,350 -14.4% |
| 2001 | -- | $17,925 +9.6% |
| 2000 | -- | $16,350 |
Find assessor info on the county website
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 9/10Richland Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10White Station Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10White Station High SchoolGrades: 9-12Distance: 2.4 mi
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$170,200
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