416 ELWOOD LN Memphis, TN ^$ 489,000

416 ELWOOD LN

^$ 489,000

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416 ELWOOD LN

Memphis, TN, 38117

^$ 489,000

Bedrooms4 Baths3.0 Sq 2,506

Monthly Estimate*

^$ 3,051

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Single Family Home for sale in Memphis, TN

for $489,000 with 4 bedrooms and 3 full baths. This 2,506 square foot home was built in 1958 on a lot size of 0.31.

Incredible renovation with a truly wonderful kitchen! Open design meets lovely views and glowing hardwood floors. The rear garden is easy, the home boasts two bedrooms down and two bedroom up, a perfect plan for most any family!

Single Family Active

Price

^$ 489,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 6,315

Style

Traditional

Lot Size

0.31

Year Built

1958

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10204047

Features

General

Heating Central Gas

Cooling 220 Wiring Central

Roof Composition Shingles

Status Active Active

Full Baths 3

Half Baths 0

Other Rooms Laundry Room Attic

Legal Subdivision Name PECANHURST SUB

Style Traditional

Stories Count 1.5

County Shelby

Class Residential

Type Detached Single Family

Area 756A White Station

Parcel Number 055065 00014

Sale/Rent For Sale

Status Detail 0

Year Built 1958

Directions North on Mendenhall from Walnut Grove Road West on Elwood.

City Memphis

DOM 115

Interior

Living Room Great Room Updated/Renovated Kitchen Eat-In Kitchen Breakfast Bar Pantry Island In Kitchen Washer/Dryer Connections

Kitchen Dimensions 18X10

Beds 4

Total Baths 3

Number of Rooms 8

Heated SqFt 2400-2599

Downstairs Bedrooms 2

Exterior

Foundation Conventional

Pool None

Lot 9

Lot Size Area 0.31

Water & Sewer Public Sewer Public Water

Lot Size 85X155

Lot Description Some Trees Landscaped Wood Fenced

Misc. Exterior Porch Patio

* Excluded Features

List By

Sowell, Realtors

Broker

Affordability Calculator

$3,577

Per Month

Monthly Principal & Interest: $3,051
Monthly Property Taxes: $526
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Memphis, TN

Average List Price ^$257,446

Percent of Sale Price 47%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/19/2025	$489,000	-1.21%	Price Down
10/21/2025	$495,000	-4.62%	Price Down
8/21/2025	$519,000		Listed Price

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416 ELWOOD LN, Memphis, TN, 38117 is a Single Family Home for sale at $489,000 with 2,506 sqft and a lot size of 0.31. 416 ELWOOD LN has 4 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 38117 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 12/14/2025.

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416 ELWOOD LN

Single Family Home for sale in Memphis, TN

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