NOT LISTED FOR SALE

1388 Melrose Cove Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $102,000 - $116,000

2 Beds
2 Baths
1,683 Sq Ft
$63/Sq Ft Est. Value

About This Home

This home is located at 1388 Melrose Cove, Memphis, TN 38106 and is currently estimated at $105,675, approximately $62 per square foot. 1388 Melrose Cove is a home located in Shelby County with nearby schools including Hamilton High School, Memphis Delta Preparatory Charter School, and Soulsville Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Open Door Memphis Llc
Bought by
Todd Emily M
Current Estimated Value
$105,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,569
Outstanding Balance
$69,535
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$36,140

Purchase Details

Closed on
Dec 13, 2017
Sold by
Horne Jaye
Bought by
Open Door Memphis Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Todd Emily M $79,000 Coventry Escrow & Ttl Co Llc
Open Door Memphis Llc $46,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Emily M $77,569
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $475 $23,375 $1,725 $21,650
2024 $475 $14,000 $875 $13,125
2023 $853 $14,000 $875 $13,125
2022 $853 $14,000 $875 $13,125
2021 $483 $14,000 $875 $13,125
2020 $946 $13,050 $875 $12,175
2019 $417 $13,050 $875 $12,175
2018 $417 $13,050 $875 $12,175
2017 $467 $14,275 $875 $13,400
2016 $650 $14,875 $0 $0
2014 $650 $14,875 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38106 Southeast Memphis

1388 Melrose Cove, Memphis, TN

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