1978 Melrose Rd Brighton, TN 38011
Estimated Value: $210,000 - $234,000
Studio
3
Baths
1,760
Sq Ft
$123/Sq Ft
Est. Value
About This Home
This home is located at 1978 Melrose Rd, Brighton, TN 38011 and is currently estimated at $217,052, approximately $123 per square foot. 1978 Melrose Rd is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2021
Sold by
Sorrell Ronald A and Sorrell Melissa A
Bought by
Bandy Mycal F
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Outstanding Balance
$113,940
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$103,112
Purchase Details
Closed on
Jun 29, 2013
Sold by
Cady Gary L
Bought by
Sorrell Ronald A and Sorrell Melissa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,225
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
May 21, 1987
Purchase Details
Closed on
Jul 26, 1974
Bought by
Cady Gary L and Cady Jeri L
Purchase Details
Closed on
Jan 1, 1974
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bandy Mycal F | $158,000 | None Available | |
| Bandy Mycal F | $158,000 | Goulder Danny | |
| Sorrell Ronald A | $85,000 | -- | |
| -- | $59,000 | -- | |
| Cady Gary L | -- | -- | |
| -- | $38,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bandy Mycal F | $126,400 | |
| Closed | Bandy Mycal F | $126,400 | |
| Previous Owner | Sorrell Ronald A | $71,225 |
Source: Public Records
Tax History Compared to Growth
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 | $598 | $39,325 | $0 | $0 |
| 2024 | $598 | $39,325 | $5,300 | $34,025 |
| 2023 | $598 | $39,325 | $5,300 | $34,025 |
| 2022 | $563 | $27,575 | $3,900 | $23,675 |
| 2021 | $563 | $27,575 | $3,900 | $23,675 |
| 2020 | $562 | $27,575 | $3,900 | $23,675 |
| 2019 | $495 | $20,450 | $3,000 | $17,450 |
| 2018 | $495 | $20,450 | $3,000 | $17,450 |
| 2017 | $495 | $20,450 | $3,000 | $17,450 |
| 2016 | $495 | $20,450 | $3,000 | $17,450 |
| 2015 | $494 | $20,450 | $3,000 | $17,450 |
| 2014 | $495 | $20,461 | $0 | $0 |
Source: Public Records
Map
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