NOT LISTED FOR SALE

505 Lucy Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $42,000 - $74,000

3 Beds
1 Bath
1,788 Sq Ft
$31/Sq Ft Est. Value

About This Home

This home is located at 505 Lucy Ave, Memphis, TN 38106 and is currently estimated at $55,902, approximately $31 per square foot. 505 Lucy Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2007
Sold by
Knight Gussie and Boyd Laquita
Bought by
Hud
Current Estimated Value
$55,902

Purchase Details

Closed on
Sep 16, 1999
Sold by
Thomas Samuel R
Bought by
Knight Gussie and Boyd Laquita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
8.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Hud $57,050 None Available
Knight Gussie $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knight Gussie $48,466
Closed Knight Gussie $2,936
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 $316 $12,575 $1,200 $11,375
2024 $316 $9,325 $750 $8,575
2023 $568 $9,325 $750 $8,575
2022 $568 $9,325 $750 $8,575
2021 $575 $9,325 $750 $8,575
2020 $679 $9,375 $750 $8,625
2019 $679 $9,375 $750 $8,625
2018 $679 $9,375 $750 $8,625
2017 $385 $9,375 $750 $8,625
2016 $501 $11,475 $0 $0
2014 $501 $11,475 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38106 South Memphis

505 Lucy Ave, Memphis, TN

Not Listed for Sale

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