NOT LISTED FOR SALE

240 Elder Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $83,000 - $92,617

3 Beds
1 Bath
869 Sq Ft
$103/Sq Ft Est. Value

About This Home

This home is located at 240 Elder Rd, Memphis, TN 38109 and is currently estimated at $89,154, approximately $102 per square foot. 240 Elder Rd is a home located in Shelby County with nearby schools including Ford Road Elementary School, Chickasaw Middle School, and Mitchell High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2021
Sold by
Sontineni Venkata K Rao and Jerripothu Meena Madhuri
Bought by
Elder Llc
Current Estimated Value
$89,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2020
Sold by
Mid South Homebuyers Gp
Bought by
Sontineni Venkata K Rao and Jerripothu Meena Medhuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2020
Sold by
Ford Elnora and Ford Knight Elnora
Bought by
Mid South Homebuyers Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,250
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Elder Llc -- Accommodation
Sontineni Venkata K Rao $81,500 Saddle Creek Title Llc
Mid South Homebuyers Gp $20,000 Saddle Creek Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sontineni Venkata K Rao $611,250
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 -- $22,625 $1,775 $20,850
2024 -- $17,125 $1,275 $15,850
2023 $1,043 $17,125 $1,275 $15,850
2022 $1,043 $17,125 $1,275 $15,850
2021 $465 $17,125 $1,275 $15,850
2020 $534 $7,375 $1,275 $6,100
2019 $236 $7,375 $1,275 $6,100
2018 $236 $7,375 $1,275 $6,100
2017 $241 $7,375 $1,275 $6,100
2016 $342 $7,825 $0 $0
2014 $342 $7,825 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38109 Westwood

240 Elder Rd, Memphis, TN

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