NOT LISTED FOR SALE

331 Elder Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $81,000 - $97,000

3 Beds
1 Bath
808 Sq Ft
$113/Sq Ft Est. Value

About This Home

This home is located at 331 Elder Rd, Memphis, TN 38109 and is currently estimated at $91,051, approximately $112 per square foot. 331 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
Aug 18, 2022
Sold by
Pegasus Real Estate Services Llc
Bought by
Kemple Charles Rex and Baldonado Jessica
Current Estimated Value
$91,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Outstanding Balance
$75,289
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$15,762

Purchase Details

Closed on
Mar 23, 2022
Sold by
Agate Homes Llc
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
$110,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2021
Sold by
Pegasus Real Estate Services Llc
Bought by
Agate Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2021
Sold by
Erma Watts
Bought by
Pegasus Real Estate Services L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
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
Kemple Charles Rex $110,000 Saddle Creek Title
Pegasus Real Estate Services Llc $94,900 Saddle Creek Title
Agate Homes Llc $94,900 Saddle Creek Title
Pegasus Real Estate Services L $12,000 Saddle Creek Title
Watts Erma -- Saddle Creek Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemple Charles Rex $78,750
Previous Owner Pegasus Real Estate Services Llc $110,000
Previous Owner Agate Homes Llc $94,900
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 $463 $17,725 $1,550 $16,175
2024 $463 $13,650 $1,125 $12,525
2023 $832 $13,650 $1,125 $12,525
2022 $335 $5,500 $1,125 $4,375
2021 $398 $5,500 $1,125 $4,375
2020 $415 $5,725 $1,125 $4,600
2019 $183 $5,725 $1,125 $4,600
2018 $183 $5,725 $1,125 $4,600
2017 $187 $5,725 $1,125 $4,600
2016 $265 $6,075 $0 $0
2014 $265 $6,075 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38109 Westwood

331 Elder Rd, Memphis, TN

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