5541 Normandy Ave Memphis, TN 38120
East Memphis NeighborhoodEstimated Value: $341,000 - $397,000
3
Beds
2
Baths
1,907
Sq Ft
$192/Sq Ft
Est. Value
About This Home
This home is located at 5541 Normandy Ave, Memphis, TN 38120 and is currently estimated at $366,404, approximately $192 per square foot. 5541 Normandy Ave is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Felton Elizabeth
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
$361,000
Outstanding Balance
$331,936
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$34,468
Purchase Details
Closed on
Jun 15, 2021
Sold by
Phillips Laurie Daniel and Grimm David Ross
Bought by
Grimm Mary Kate
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 6, 2021
Sold by
Grimm Mary Kate
Bought by
Phillips Laurie Daniel and Grimm David Ross
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Felton Elizabeth | $361,000 | Closetrak | |
| Grimm Mary Kate | -- | None Available | |
| Memphis Investment Properties Iii Llc | $255,000 | Closetrak | |
| Phillips Laurie Daniel | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Felton Elizabeth | $361,000 | |
| Previous Owner | Memphis Investment Properties Iii Llc | $315,000 |
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 | $2,661 | $98,075 | $19,125 | $78,950 |
| 2024 | $2,661 | $78,500 | $19,125 | $59,375 |
| 2023 | $4,782 | $78,500 | $19,125 | $59,375 |
| 2022 | $4,782 | $78,500 | $19,125 | $59,375 |
| 2021 | $4,012 | $65,100 | $19,125 | $45,975 |
| 2020 | $3,730 | $51,475 | $15,900 | $35,575 |
| 2019 | $1,645 | $51,475 | $15,900 | $35,575 |
| 2018 | $1,645 | $51,475 | $15,900 | $35,575 |
| 2017 | $1,684 | $51,475 | $15,900 | $35,575 |
| 2016 | $1,908 | $43,650 | $0 | $0 |
| 2014 | $1,908 | $43,650 | $0 | $0 |
Source: Public Records
Map
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