5050 Welchshire Ave Memphis, TN 38117
Colonial Acres NeighborhoodEstimated 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
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
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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