NOT LISTED FOR SALE

2491 Joy Ln Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $546,189

-- Bed
-- Bath
34,029 Sq Ft
$16/Sq Ft Est. Value

About This Home

This home is located at 2491 Joy Ln, Memphis, TN 38114 and is currently estimated at $546,189, approximately $16 per square foot. 2491 Joy Ln is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Southern Avenue Charter School of Academic Excellence Creat.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Tennessee Learning Academy
Bought by
Esmeralda Apartment Llc
Current Estimated Value
$546,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$414,404
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,785

Purchase Details

Closed on
Jan 20, 2010
Sold by
Memphis Re Llc
Bought by
Tennessee Learning Academy Inc

Purchase Details

Closed on
Aug 23, 2007
Sold by
Mid South Health Care Associates Ii
Bought by
Mid South Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500,000
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2007
Sold by
Mid South Associates Llc
Bought by
Memphis Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500,000
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2000
Sold by
Mid South Health Care Associates Pso
Bought by
Mid South Health Care Associates Ii
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
Esmeralda Apartment Llc $500,000 None Available
Tennessee Learning Academy Inc -- Fidelity Title & Escrow Inc
Mid South Associates Llc -- Lawyers Title Insurance Co
Memphis Re Llc $3,158,000 Lawyers Title Insurance Co
Mid South Health Care Associates Ii -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esmeralda Apartment Llc $450,000
Previous Owner Memphis Re Llc $190,500,000
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 $18,355 $180,040 $34,520 $145,520
2024 $18,355 $541,440 $47,160 $494,280
2023 $32,983 $541,440 $47,160 $494,280
2022 $0 $0 $0 $0
2021 $21,666 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $21,666 $0 $0 $0
2014 $21,666 $495,800 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38114 Southeast Memphis

2491 Joy Ln, Memphis, TN

This home is located at 2491 Joy Ln, Memphis, TN 38114 and is currently estimated at $546,189, approximately $16 per square foot. 2491 Joy Ln is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Southern Avenue Charter School of Academic Excellence Creat.

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