NOT LISTED FOR SALE

Estimated Value: $264,465 - $299,000

4 Beds
3 Baths
2,084 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 5050 Welchshire Ave, Memphis, TN 38117 and is currently estimated at $274,366, approximately $131 per square foot. 5050 Welchshire Ave is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2005
Sold by
Hoff Jeffrey M and Hoff Shannon B
Bought by
Vella Jared
Current Estimated Value
$274,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,620
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2000
Sold by
Peery Michael L and Peery Audrey A
Bought by
Hoff Jeffrey M and Hoff Shannon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,600
Interest Rate
8.14%

Purchase Details

Closed on
Nov 17, 1997
Sold by
Nance Mary Elizabeth
Bought by
Peery Michael L and Peery Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
7.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 1995
Bought by
Nance Mary E
Source: Public Records

Range of Values:

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Vella Jared $137,700 --
Hoff Jeffrey M $109,500 --
Peery Michael L $96,500 --
Nance Mary E $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vella Jared $127,000
Previous Owner Vella Jared $136,620
Previous Owner Hoff Jeffrey M $76,800
Previous Owner Hoff Jeffrey M $87,600
Previous Owner Peery Michael L $16,000
Previous Owner Peery Michael L $96,500
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 $1,640 $62,375 $11,250 $51,125
2024 $1,640 $48,375 $7,050 $41,325
2023 $2,947 $48,375 $7,050 $41,325
2022 $2,947 $48,375 $7,050 $41,325
2021 $2,981 $48,375 $7,050 $41,325
2020 $2,674 $36,900 $7,050 $29,850
2019 $2,674 $36,900 $7,050 $29,850
2018 $2,674 $36,900 $7,050 $29,850
2017 $1,517 $36,900 $7,050 $29,850
2016 $1,386 $31,725 $0 $0
2014 $1,386 $31,725 $0 $0
Source: Public Records

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