285 Elder Rd Memphis, TN 38109
Westwood NeighborhoodEstimated Value: $85,667 - $131,000
4
Beds
2
Baths
1,528
Sq Ft
$68/Sq Ft
Est. Value
About This Home
This home is located at 285 Elder Rd, Memphis, TN 38109 and is currently estimated at $103,417, approximately $67 per square foot. 285 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
Jul 17, 2002
Sold by
Banks Vera
Bought by
Hill Betty Jean
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
$55,560
Outstanding Balance
$23,031
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$80,386
Purchase Details
Closed on
Oct 30, 1998
Sold by
King Lawrence T
Bought by
Banks Vera
Purchase Details
Closed on
May 29, 1997
Sold by
King Emma L
Bought by
King Lawrence T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hill Betty Jean | $55,939 | Realty Title | |
| Banks Vera | -- | -- | |
| Banks Vera | -- | -- | |
| Banks Vera | -- | -- | |
| Banks Vera | -- | -- | |
| King Lawrence T | -- | -- | |
| King Lawrence T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hill Betty Jean | $55,560 | |
| Closed | Hill Betty Jean | $4,080 |
Source: Public Records
Tax History Compared to Growth
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 | $345 | $22,375 | $1,675 | $20,700 |
| 2024 | $345 | $10,175 | $1,225 | $8,950 |
| 2023 | $620 | $10,175 | $1,225 | $8,950 |
| 2022 | $620 | $10,175 | $1,225 | $8,950 |
| 2021 | $627 | $10,175 | $1,225 | $8,950 |
| 2020 | $770 | $10,625 | $1,225 | $9,400 |
| 2019 | $770 | $10,625 | $1,225 | $9,400 |
| 2018 | $770 | $10,625 | $1,225 | $9,400 |
| 2017 | $437 | $10,625 | $1,225 | $9,400 |
| 2016 | $495 | $11,325 | $0 | $0 |
| 2014 | $495 | $11,325 | $0 | $0 |
Source: Public Records
Map
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