2542 Mackinnon Dr Memphis, TN 38119
Balmoral NeighborhoodEstimated Value: $267,000 - $288,000
4
Beds
3
Baths
2,537
Sq Ft
$108/Sq Ft
Est. Value
About This Home
This home is located at 2542 Mackinnon Dr, Memphis, TN 38119 and is currently estimated at $274,556, approximately $108 per square foot. 2542 Mackinnon Dr is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and Ridgeway High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 23, 2009
Sold by
Bank Of America National Association
Bought by
Schaeffer Matthew
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,043
Outstanding Balance
$66,849
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$207,707
Purchase Details
Closed on
Oct 2, 2008
Sold by
Jones Lilie
Bought by
Lasalle Bank Na and Mlmi Trust Series 2007-Sd1
Purchase Details
Closed on
May 18, 2006
Sold by
Pearcy Scott
Bought by
Jones Lee and Jones Lillie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 2, 2005
Sold by
Household Financial Center Inc
Bought by
Pearcy Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 29, 2005
Sold by
Gerkovich Michael L and Gerkovich Melissa D
Bought by
Household Financial Center Inc
Purchase Details
Closed on
Apr 11, 1997
Sold by
Williams Albert W and Williams Sundra H
Bought by
Gerkovich Michael L and Gerkovich Melissa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,203
Interest Rate
7.86%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schaeffer Matthew | $108,000 | Home Surety Title & Escrow L | |
| Lasalle Bank Na | $82,710 | None Available | |
| Jones Lee | $175,000 | Title Assurance & Escrow Inc | |
| Pearcy Scott | $130,000 | Multiple | |
| Household Financial Center Inc | $137,696 | -- | |
| Gerkovich Michael L | $109,000 | -- | |
| Gerkovich Michael L | $109,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schaeffer Matthew | $106,043 | |
| Previous Owner | Jones Lee | $140,000 | |
| Previous Owner | Pearcy Scott | $106,000 | |
| Previous Owner | Gerkovich Michael L | $109,203 |
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 | $1,737 | $68,325 | $10,000 | $58,325 |
| 2024 | $1,737 | $51,250 | $8,650 | $42,600 |
| 2023 | $3,122 | $51,250 | $8,650 | $42,600 |
| 2022 | $3,122 | $51,250 | $8,650 | $42,600 |
| 2021 | $3,159 | $51,250 | $8,650 | $42,600 |
| 2020 | $2,632 | $36,325 | $7,850 | $28,475 |
| 2019 | $2,632 | $36,325 | $7,850 | $28,475 |
| 2018 | $2,632 | $36,325 | $7,850 | $28,475 |
| 2017 | $1,493 | $36,325 | $7,850 | $28,475 |
| 2016 | $1,384 | $31,675 | $0 | $0 |
| 2014 | $1,384 | $31,675 | $0 | $0 |
Source: Public Records
Map
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