5502 Stephen Forest Rd Memphis, TN 38141
Parkway Village NeighborhoodEstimated Value: $220,000 - $254,000
3
Beds
2
Baths
1,674
Sq Ft
$137/Sq Ft
Est. Value
About This Home
This home is located at 5502 Stephen Forest Rd, Memphis, TN 38141 and is currently estimated at $230,067, approximately $137 per square foot. 5502 Stephen Forest Rd is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 1996
Sold by
Covington Inez
Bought by
Binion Ada
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
$103,947
Outstanding Balance
$6,671
Interest Rate
8.05%
Mortgage Type
FHA
Estimated Equity
$223,396
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Binion Ada | $104,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Binion Ada | $103,947 |
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 | $1,432 | $57,050 | $11,850 | $45,200 |
| 2024 | $1,432 | $42,250 | $6,775 | $35,475 |
| 2023 | $1,432 | $42,250 | $6,775 | $35,475 |
| 2022 | $1,432 | $42,250 | $6,775 | $35,475 |
| 2021 | $1,458 | $42,250 | $6,775 | $35,475 |
| 2020 | $1,263 | $31,175 | $6,775 | $24,400 |
| 2019 | $1,263 | $31,175 | $6,775 | $24,400 |
| 2018 | $1,263 | $31,175 | $6,775 | $24,400 |
| 2017 | $1,281 | $31,175 | $6,775 | $24,400 |
| 2016 | $1,122 | $25,675 | $0 | $0 |
| 2014 | $1,122 | $25,675 | $0 | $0 |
Source: Public Records
Map
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