516 Rienzi Dr Memphis, TN 38103
South Main NeighborhoodEstimated Value: $595,000 - $693,000
4
Beds
3
Baths
2,742
Sq Ft
$234/Sq Ft
Est. Value
About This Home
This home is located at 516 Rienzi Dr, Memphis, TN 38103 and is currently estimated at $641,726, approximately $234 per square foot. 516 Rienzi Dr is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2024
Sold by
Arena Steven A
Bought by
Arena Family Trust and Arena
Current Estimated Value
Purchase Details
Closed on
Nov 24, 2004
Sold by
Hightower James Patrick
Bought by
Arena Steven A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.57%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 29, 2002
Sold by
Architectural Custom Works Llc
Bought by
Hightower James Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
7.14%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arena Family Trust | -- | None Listed On Document | |
| Arena Steven A | $410,000 | Stewart Title National Title | |
| Hightower James Patrick | $289,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Arena Steven A | $82,000 | |
| Previous Owner | Arena Steven A | $328,000 | |
| Previous Owner | Hightower James Patrick | $231,920 | |
| Closed | Hightower James Patrick | $28,990 |
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 | $4,873 | $167,250 | $34,100 | $133,150 |
| 2024 | $4,873 | $143,750 | $30,550 | $113,200 |
| 2023 | $8,757 | $143,750 | $30,550 | $113,200 |
| 2022 | $8,757 | $143,750 | $30,550 | $113,200 |
| 2021 | $8,859 | $143,750 | $30,550 | $113,200 |
| 2020 | $8,757 | $120,850 | $30,550 | $90,300 |
| 2019 | $8,757 | $120,850 | $30,550 | $90,300 |
| 2018 | $8,757 | $120,850 | $30,550 | $90,300 |
| 2017 | $4,967 | $120,850 | $30,550 | $90,300 |
| 2016 | $3,836 | $87,775 | $0 | $0 |
| 2014 | $3,836 | $87,775 | $0 | $0 |
Source: Public Records
Map
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