NOT LISTED FOR SALE

2516 Wellons Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $69,000 - $123,622

3 Beds
2 Baths
1,206 Sq Ft
$81/Sq Ft Est. Value

About This Home

This home is located at 2516 Wellons Ave, Memphis, TN 38127 and is currently estimated at $97,406, approximately $80 per square foot. 2516 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
Sep 11, 2025
Sold by
Pegasus Real Estate Services Llc
Bought by
Mna Llc
Current Estimated Value
$124,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Outstanding Balance
$134,900
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$37,494

Purchase Details

Closed on
Sep 2, 2025
Sold by
Thompson Monica
Bought by
Pegasus Real Estate Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Outstanding Balance
$134,900
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$37,494

Purchase Details

Closed on
Jun 2, 1998
Sold by
Bright Future Homes Inc
Bought by
Sanders Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,840
Interest Rate
6.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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First American

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Quantarium

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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
Mna Llc $134,900 Saddle Creek Title
Pegasus Real Estate Services Llc $70,000 Saddle Creek Title
Sanders Catherine $57,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mna Llc $134,900
Closed Pegasus Real Estate Services Llc $80,000
Previous Owner Sanders Catherine $47,840
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 $649 $26,550 $2,375 $24,175
2024 $649 $19,150 $2,025 $17,125
2023 $1,167 $19,150 $2,025 $17,125
2022 $1,167 $19,150 $2,025 $17,125
2021 $1,180 $19,150 $2,025 $17,125
2020 $949 $13,100 $2,025 $11,075
2019 $949 $13,100 $2,025 $11,075
2018 $949 $13,100 $2,025 $11,075
2017 $538 $13,100 $2,025 $11,075
2016 $566 $12,950 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38127 Frayser

2516 Wellons Ave, Memphis, TN

Not Listed for Sale

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