NOT LISTED FOR SALE

551 Mineral Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $187,734 - $226,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $195,000 $163 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,140/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Brick Veneer
  • Richland Elementary School Rated 9+
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of March 2023

Back on the market. Just Reduce $10k Moving in ready. Proof of fund or preapproval. This house qualify for 3% down conventional loan, 3.50% DOWN FHA AND 0% DOWN VA Loan Ask about No Income, No Job, No Tax Return program with 20%+down and for Investor 620+ credit score No Income. No debt to ratio requires. Foreign investors with 30% down no credit score No income. Ask your real estate agent to call me for more information

Last Agent to Sell the Property

David Truong

eXp Realty, LLC License #285299 Listed on: 01/27/2023

eXp Realty, LLC

Last Buyer's Agent

Walter Jones

BEST Real Estate Company License #358322

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x134
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,077 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Mary Lou Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068066 00008

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MARY LOU HEIGHTS
  • List Price Per Sq Ft: 186
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1077
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 11
  • Acreage: 0.18
  • Lot Size: 60X134

Tax Info

  • Assessor Parcel Number: 068066 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Franchini Blake and Franchini Casey
Bought by
Yellow Door Properties Llc
Current Estimated Value
$199,434

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 30, 2023
Sold by
Nguyen Nick Cao
Bought by
Franchini Blake and Franchini Casey
Seller's Agent
David Truong
eXp Realty, LLC
Buyer's Agent
Walter Jones
BEST Real Estate Company
List Price
$199,990
Sold Price
$195,000
Premium/Discount to List
-$4,990
-2.5%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$146,250
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2020
Sold by
Estate Of Howard Calyton Cave
Bought by
Nguyen Hung C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yellow Door Properties Llc -- None Listed On Document
Franchini Blake $195,000 Saddle Creek Title
Nguyen Hung C $120,000 Edco Ttl & Closing Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franchini Blake $146,250
Previous Owner Nguyen Hung C $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $195,000 -2.5% $195 / Sq Ft
03/02/2023 03/02/23 For Sale $199,990 0.0% $200 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $199,990 -4.7% $200 / Sq Ft
01/27/2023 01/27/23 For Sale $209,900 -- $210 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,091 $48,550 $10,000 $38,550
2024 $1,091 $32,175 $6,350 $25,825
2023 $1,960 $32,175 $6,350 $25,825
2022 $1,960 $32,175 $6,350 $25,825
2021 $873 $32,175 $6,350 $25,825
2020 $1,525 $21,050 $5,150 $15,900
2019 $656 $21,050 $5,150 $15,900
2018 $656 $21,050 $5,150 $15,900
2017 $656 $21,050 $5,150 $15,900
2016 $843 $19,300 $0 $0
2014 $843 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Truong

    Seller's Agent in 2023

    David Truong

    eXp Realty, LLC

    (901) 503-3947

    8 in this area

    188 Total Sales

    David Truong
    Section Image
  • Walter Jones

    Buyer's Agent in 2023

    Walter Jones

    BEST Real Estate Company

    (901) 235-3245

    9 in this area

    84 Total Sales

    Walter Jones
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141142

Memphis Area Association of REALTORS®

APN: 06-8066-0-0008

Tennessee Shelby County Memphis 38120 East Memphis

551 Mineral Rd, Memphis, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes