3405 Melodywood Dr Memphis, TN 38118
Oakhaven NeighborhoodEstimated Value: $137,000 - $169,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,208
                Sq Ft
            
            
                
                    $133/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 3405 Melodywood Dr, Memphis, TN 38118 and is currently estimated at $160,475, approximately $132 per square foot. 3405 Melodywood Dr is a home located in Shelby County with nearby schools including Ross Elementary School, Oakhaven Middle School, and Oakhaven High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jul 31, 2023
            
        
                Sold by
            
            
                Rei Nation Llc
            
        
                Bought by
            
            
                Gupta Gyan
            
        
                            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
            
            
                $116,250
            
        
                Outstanding Balance
            
            
                $113,551
            
        
                Interest Rate
            
            
                6.71%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $46,924
            
        Purchase Details
                Closed on
            
            
                May 12, 2023
            
        
                Sold by
            
            
                Gibson Brenda Ladelle
            
        
                Bought by
            
            
                Rei Nation Llc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Gupta Gyan | $165,000 | None Listed On Document | |
| Rei Nation Llc | $90,000 | Local Title | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Gupta Gyan | $116,250 | 
                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 | $867 | $43,850 | $3,125 | $40,725 | 
| 2024 | $642 | $25,575 | $2,500 | $23,075 | 
| 2023 | $1,154 | $18,950 | $2,500 | $16,450 | 
| 2022 | $1,154 | $18,950 | $2,500 | $16,450 | 
| 2021 | $1,168 | $18,950 | $2,500 | $16,450 | 
| 2020 | $1,016 | $14,025 | $2,500 | $11,525 | 
| 2019 | $1,016 | $14,025 | $2,500 | $11,525 | 
| 2018 | $1,016 | $14,025 | $2,500 | $11,525 | 
| 2017 | $576 | $14,025 | $2,500 | $11,525 | 
| 2016 | $597 | $13,650 | $0 | $0 | 
| 2014 | $597 | $13,650 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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