NOT LISTED FOR SALE

531 Melody Ln Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $369,076 - $438,000

4 Beds
2 Baths
1,850 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 531 Melody Ln, Memphis, TN 38120 and is currently estimated at $388,269, approximately $209 per square foot. 531 Melody Ln is a home located in Shelby County with nearby schools including White Station Elementary School, White Station Middle, and White Station High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Delgado Rachel
Bought by
Morris Seth M and Morris Emma R
Current Estimated Value
$388,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$329,438
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$58,831

Purchase Details

Closed on
Oct 27, 2023
Sold by
Burke Gerald H and Burke William F
Bought by
Delgado Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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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
Morris Seth M $375,000 Home Surety Title & Escrow
Delgado Rachel $255,000 Home Surety Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Seth M $335,000
Previous Owner Delgado Rachel $165,000
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 $2,504 $99,075 $20,825 $78,250
2024 -- $73,850 $20,825 $53,025
2023 $4,499 $73,850 $20,825 $53,025
2022 $4,499 $73,850 $20,825 $53,025
2021 $4,551 $73,850 $20,825 $53,025
2020 $4,032 $55,650 $20,825 $34,825
2019 $4,032 $55,650 $20,825 $34,825
2018 $4,032 $55,650 $20,825 $34,825
2017 $2,287 $55,650 $20,825 $34,825
2016 $2,431 $55,625 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38120 East Memphis

531 Melody Ln, Memphis, TN

Not Listed for Sale

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