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For sale
  • $199,000

    506 McDermitt Rd, Memphis, TN 38120

    3beds
    953sqft
    : 
    Single Family Residence
    Built in 1955
    7,405.2 Square Feet Lot
    $194,500 Zestimate®
    $209/sqft
    $-- HOA

    What's special

    Storage shedHuge fully fenced backyardNewer roofBeautiful hardwood floors throughoutPrivate outdoor space
    Back on the market - NO fault of the seller! Welcome to 506 McDermitt in Memphis, a well-maintained 3 bedroom, 1.5 bath home offering comfort, updates, and space to enjoy both inside and out. This home features beautiful hardwood floors throughout and an updated kitchen with granite countertops that opens seamlessly into the living room, creating an easy, connected flow for everyday living or entertaining. Major updates include a newer roof and HVAC system, giving peace of mind for years to come. Step outside to a huge, fully fenced backyard complete with a storage shed... perfect for hobbies, pets, gardening, or simply enjoying your own private outdoor space. All of this is tucked into a lovely, quiet neighborhood that feels like home the moment you arrive. Come check it out!
    31 days
    |
    697
    |
    22
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 06:02pm

    Listed by:

    Tracy M Duggan,

    Real Broker 844-591-7325

    Source: MAAR,MLS#: 10214526MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Attic
    Primary bedroom
    • Features: Hardwood Floor
    • Area: 99
    • Dimensions: 9 x 11
    Bedroom 2
    • Features: Hardwood Floor
    • Area: 99
    • Dimensions: 9 x 11
    Bedroom 3
    • Features: Hardwood Floor
    • Area: 81
    • Dimensions: 9 x 9
    Dining room
    • Dimensions: 0 x 0
    Kitchen
    • Features: Breakfast Bar, W/D Connection in Kitchen
    • Area: 105
    • Dimensions: 7 x 15
    Living room
    • Area: 187
    • Dimensions: 11 x 17
    Den
    • Dimensions: 0 x 0
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range/Oven
    • Laundry: Laundry Room
    Features
    • All Bedrooms Down, Square Feet Source: Appraisal
    • Flooring: Part Hardwood
    • Basement: Crawl Space
    • Attic: Attic Access
    • Has fireplace: No
    Interior area
    • Total interior livable area: 953 sqft

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 7,405.2 Square Feet
    • Dimensions: 60 x 125
    • Features: Level
    Details
    • Additional structures: Storage
    • Parcel number: 068068 00017

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer
    • Roof: Composition Shingles
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Mary Lou Heights
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $209/sqft
    • Tax assessed value: $207,700
    • Annual tax amount: $2,737
    • Price range: $199K - $199K
    • Date on market: 2/13/2026
    • Cumulative days on market: 12 days
    • Listing terms: Conventional,FHA,VA Loan
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $194,500

    $185,000 - $204,000

    $1,444/mo

    Price history

    Price history
    DateEventPrice
    3/12/2026Listed for sale$199,000$209/sqft
    Source: MAAR #10214526 Report a problem
    2/20/2026Pending sale$199,000$209/sqft
    Source: MAAR #10214526 Report a problem
    2/13/2026Listed for sale$199,000+53.2%$209/sqft
    Source: MAAR #10214526 Report a problem
    5/16/2018Sold$129,900$136/sqft
    Source: MAAR #10023020 Report a problem
    5/8/2018Pending sale$129,900$136/sqft
    Source: RE/MAX EXPERTS #10023020 Report a problem
    3/22/2018Listed for sale$129,900+3.9%$136/sqft
    Source: REMAX Experts, LLC #10023020 Report a problem
    12/16/2016Sold$125,000+56.3%$131/sqft
    Source: MAAR #9987796 Report a problem
    5/9/2013Sold$80,000+192%$84/sqft
    Source: Public Record Report a problem
    1/15/1997Sold$27,393$29/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$2,737 +9.4%$51,925 +36.6%
    2024$2,502 +8.1%$38,000
    2023$2,315 $38,000
    2022-- $38,000
    2021-- $38,000 +31.7%
    2020$922 $28,850
    2019$922 -21.1%$28,850
    2018$1,168 -45.1%$28,850
    2017$2,130 +247%$28,850 +59.8%
    2016$614 -2.6%$18,050
    2014$630 $18,050
    2013-- $18,050 -8.6%
    2012-- $19,750
    2011-- $19,750 -16.8%
    2010-- $23,725 -12.5%
    2009-- $27,100 +37.7%
    2008-- $19,675
    2007-- $19,675
    2006-- $19,675
    2005-- $19,675 +26.9%
    2004-- $15,500
    2003-- $15,500
    2002-- $15,500 -14.1%
    2001-- $18,050 -1.5%
    2000-- $18,325

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,112/mo
    Principal & interest
    $953
    Property taxes
    $159
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      Climate risks

      Neighborhood: East Memphis-Colonial-Yorkshire

      Getting around

      18 / 100
      Car-Dependent
      18 / 100
      Minimal Transit
      31 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 38120

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