NOT LISTED FOR SALE

2385 Wellons Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $97,066 - $120,000

3 Beds
2 Baths
1,364 Sq Ft
$78/Sq Ft Est. Value

About This Home

This home is located at 2385 Wellons Ave, Memphis, TN 38127 and is currently estimated at $106,267, approximately $77 per square foot. 2385 Wellons Ave is a home located in Shelby County with nearby schools including Hawkins Mill Elementary School, Georgian Hills Middle School, and Trezevant High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 1997
Sold by
Elmore Wyman J and Elmore Laverne A
Bought by
Nelms Sadie
Current Estimated Value
$106,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,392
Outstanding Balance
$8,295
Interest Rate
7.38%
Mortgage Type
FHA
Estimated Equity
$97,972
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
Nelms Sadie $47,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelms Sadie $48,392
Closed Nelms Sadie $2,060
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 $551 $23,875 $2,475 $21,400
2024 $551 $16,250 $2,225 $14,025
2023 $990 $16,250 $2,225 $14,025
2022 $990 $16,250 $2,225 $14,025
2021 $1,002 $16,250 $2,225 $14,025
2020 $908 $12,525 $2,225 $10,300
2019 $908 $12,525 $2,225 $10,300
2018 $908 $12,525 $2,225 $10,300
2017 $515 $12,525 $2,225 $10,300
2016 $547 $12,525 $0 $0
2014 $547 $12,525 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38127 Frayser

2385 Wellons Ave, Memphis, TN

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