NOT LISTED FOR SALE

5016 Melanie Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $83,000 - $143,000

3 Beds
2 Baths
1,506 Sq Ft
$74/Sq Ft Est. Value

About This Home

This home is located at 5016 Melanie Ave, Memphis, TN 38118 and is currently estimated at $111,409, approximately $73 per square foot. 5016 Melanie Ave is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2026
Sold by
Bought by
Current Estimated Value
$111,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$50,387
Interest Rate
6.21%
Mortgage Type
Construction
Estimated Equity
$61,022
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$85,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $125,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $882 $32,775 $5,200 $27,575
2024 $750 $22,125 $3,775 $18,350
2023 $1,348 $22,125 $3,775 $18,350
2022 $1,348 $22,125 $3,775 $18,350
2021 $1,364 $22,125 $3,775 $18,350
2020 $1,120 $15,450 $3,775 $11,675
2019 $1,120 $15,450 $3,775 $11,675
2018 $1,120 $15,450 $3,775 $11,675
2017 $635 $15,450 $3,775 $11,675
2016 $676 $15,475 $0 $0
2014 $676 $15,475 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38118 Parkway Village

5016 Melanie Ave, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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