NOT LISTED FOR SALE

Estimated Value: $259,000 - $292,000

2 Beds
3 Baths
1,344 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 515 Summitt St, Memphis, TN 38104 and is currently estimated at $273,925, approximately $203 per square foot. 515 Summitt St is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Midtown Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Koncepts Llc
Bought by
Raiford Paula
Current Estimated Value
$273,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$225,878
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$48,047

Purchase Details

Closed on
May 30, 2019
Sold by
Bond William D
Bought by
Koncepts Llc

Purchase Details

Closed on
Nov 6, 1998
Sold by
Pence Nancy W and Pence George O
Bought by
Pence Nancy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,117
Interest Rate
6.58%
Mortgage Type
FHA
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
Raiford Paula $270,000 Preferred Title & Escrow Llc
Koncepts Llc $115,000 None Available
Pence Nancy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raiford Paula $256,500
Previous Owner Pence Nancy W $112,117
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 $2,213 $71,750 $13,475 $58,275
2024 $2,213 $65,275 $9,225 $56,050
2023 $3,976 $65,275 $9,225 $56,050
2022 $3,976 $65,275 $9,225 $56,050
2021 $2,252 $65,275 $9,225 $56,050
2020 $3,136 $43,275 $9,225 $34,050
2019 $1,383 $43,275 $9,225 $34,050
2018 $1,383 $43,275 $9,225 $34,050
2017 $1,416 $43,275 $9,225 $34,050
2016 $1,714 $39,225 $0 $0
2014 $1,714 $39,225 $0 $0
Source: Public Records

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