NOT LISTED FOR SALE

3208 Velmagi St Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $171,000 - $213,000

3 Beds
2 Baths
1,481 Sq Ft
$128/Sq Ft Est. Value

About This Home

This home is located at 3208 Velmagi St, Memphis, TN 38128 and is currently estimated at $190,131, approximately $128 per square foot. 3208 Velmagi St is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2006
Sold by
Walker Marilyn J
Bought by
Reed Kesha N
Current Estimated Value
$190,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,322
Outstanding Balance
$47,425
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$142,706
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
Reed Kesha N $97,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Kesha N $79,322
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 $1,070 $40,975 $6,125 $34,850
2024 $1,070 $31,550 $4,800 $26,750
2023 $1,922 $31,550 $4,800 $26,750
2022 $1,922 $31,550 $4,800 $26,750
2021 $1,944 $31,550 $4,800 $26,750
2020 $1,523 $21,025 $4,800 $16,225
2019 $1,523 $21,025 $4,800 $16,225
2018 $1,523 $21,025 $4,800 $16,225
2017 $864 $21,025 $4,800 $16,225
2016 $879 $20,125 $0 $0
2014 $879 $20,125 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38128 Raleigh

3208 Velmagi St, Memphis, TN

This home is located at 3208 Velmagi St, Memphis, TN 38128 and is currently estimated at $190,131, approximately $128 per square foot. 3208 Velmagi St is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

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