NOT LISTED FOR SALE

2023 Pennington Gap Dr Memphis, TN 38134

Raleigh Neighborhood

Estimated Value: $220,000 - $232,000

4 Beds
3 Baths
2,423 Sq Ft
$92/Sq Ft Est. Value

About This Home

This home is located at 2023 Pennington Gap Dr, Memphis, TN 38134 and is currently estimated at $223,898, approximately $92 per square foot. 2023 Pennington Gap Dr is a home located in Shelby County with nearby schools including Shelby Oaks Elementary School, Kingsbury High School, and Kate Bond Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Johnson Christopher
Bought by
Saleh Mutahar S
Current Estimated Value
$223,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$73,556
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,342

Purchase Details

Closed on
Nov 3, 2020
Sold by
Bowers Beretta
Bought by
Johnson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2009
Sold by
Primacy Closing Corporation
Bought by
Bowers Beretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,676
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 1994
Bought by
Cheatham Martha N
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
Saleh Mutahar S $160,000 Quality Title Group Llc
Johnson Christopher $110,000 Nexus Title & Escrow Llc
Bowers Beretta $114,756 Realty Title
Primacy Closing Corporation $135,000 None Available
Cheatham Martha N $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleh Mutahar S $116,000
Previous Owner Johnson Christopher $100,000
Previous Owner Bowers Beretta $30,979
Previous Owner Bowers Beretta $112,676
Previous Owner Cheatham Martha Nell $114,750
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 $1,533 $60,475 $6,250 $54,225
2024 $1,533 $45,225 $5,000 $40,225
2023 $2,755 $45,225 $5,000 $40,225
2022 $2,755 $45,225 $5,000 $40,225
2021 $2,787 $45,225 $5,000 $40,225
2020 $1,942 $26,800 $5,000 $21,800
2019 $857 $26,800 $5,000 $21,800
2018 $857 $26,800 $5,000 $21,800
2017 $877 $26,800 $5,000 $21,800
2016 $1,083 $24,775 $0 $0
2014 $1,083 $24,775 $0 $0
Source: Public Records

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