NOT LISTED FOR SALE

3341 Formosa Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $72,000 - $99,000

3 Beds
1 Bath
960 Sq Ft
$85/Sq Ft Est. Value

About This Home

This home is located at 3341 Formosa Rd, Memphis, TN 38109 and is currently estimated at $81,464, approximately $84 per square foot. 3341 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
Sep 24, 2019
Sold by
Saulter Lashandra Turner
Bought by
Turner Demario S
Current Estimated Value
$81,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,280
Outstanding Balance
$5,550
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$82,038

Purchase Details

Closed on
May 5, 2005
Sold by
Memphis Investment Group
Bought by
Turner Demario S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2002
Sold by
The Chase Manhattan Bank
Bought by
Memphis Investment Group

Purchase Details

Closed on
May 3, 2002
Sold by
Mallett Cora B
Bought by
Fairbanks Capital Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Turner Demario S -- Lendserv National Title
Turner Demario S $59,000 Community Equity & Title Inc
Memphis Investment Group $30,000 Associates Closing & Title
Fairbanks Capital Corp $38,407 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Demario S $56,050
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 -- $17,125 $1,775 $15,350
2024 $328 $9,675 $1,275 $8,400
2023 $589 $9,675 $1,275 $8,400
2022 $589 $9,675 $1,275 $8,400
2021 $596 $9,675 $1,275 $8,400
2020 $614 $8,475 $1,275 $7,200
2019 $614 $8,475 $1,275 $7,200
2018 $614 $8,475 $1,275 $7,200
2017 $348 $8,475 $1,275 $7,200
2016 $393 $9,000 $0 $0
2014 $393 $9,000 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38109 Westwood

3341 Formosa Rd, Memphis, TN

This home is located at 3341 Formosa Rd, Memphis, TN 38109 and is currently estimated at $81,464, approximately $84 per square foot. 3341 Formosa Rd is a home located in Shelby County with nearby schools including Ford Road Elementary School, Chickasaw Middle School, and Mitchell High School.

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