3322 Formosa Rd Memphis, TN 38109
Westwood NeighborhoodEstimated Value: $101,000 - $117,481
2
Beds
1
Bath
954
Sq Ft
$118/Sq Ft
Est. Value
About This Home
This home is located at 3322 Formosa Rd, Memphis, TN 38109 and is currently estimated at $112,870, approximately $118 per square foot. 3322 Formosa 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
Nov 14, 2025
Sold by
Mid South Homebuyers Llc
Bought by
Collins Austin P and Collins Alyson A
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
$87,900
Outstanding Balance
$87,651
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$25,219
Purchase Details
Closed on
Jun 5, 2025
Sold by
Kelly Samuel
Bought by
Mid South Homebuyers Llc
Purchase Details
Closed on
Aug 17, 2005
Sold by
Kelly Samuel
Bought by
Kelly Samuel
Purchase Details
Closed on
Feb 15, 2005
Sold by
Kelly Ada D
Bought by
Kelly Samuel
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collins Austin P | $117,200 | None Listed On Document | |
| Mid South Homebuyers Llc | $32,000 | None Listed On Document | |
| Kelly Samuel | -- | -- | |
| Kelly Samuel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collins Austin P | $87,900 |
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 | $286 | $15,575 | $1,750 | $13,825 |
| 2024 | $286 | $8,425 | $1,250 | $7,175 |
| 2023 | $513 | $8,425 | $1,250 | $7,175 |
| 2022 | $513 | $8,425 | $1,250 | $7,175 |
| 2021 | $519 | $8,425 | $1,250 | $7,175 |
| 2020 | $553 | $7,625 | $1,250 | $6,375 |
| 2019 | $553 | $7,625 | $1,250 | $6,375 |
| 2018 | $553 | $7,625 | $1,250 | $6,375 |
| 2017 | $313 | $7,625 | $1,250 | $6,375 |
| 2016 | $354 | $8,100 | $0 | $0 |
| 2014 | $354 | $8,100 | $0 | $0 |
Source: Public Records
Map
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