5551 Melvin Rd Memphis, TN 38120
Audubon Park NeighborhoodEstimated Value: $278,267 - $297,000
3
Beds
2
Baths
1,577
Sq Ft
$183/Sq Ft
Est. Value
About This Home
This home is located at 5551 Melvin Rd, Memphis, TN 38120 and is currently estimated at $287,817, approximately $182 per square foot. 5551 Melvin Rd 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
Feb 21, 1997
Sold by
Griffin Tonda Williams
Bought by
Frazier William L and Smith Leigh Anne
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
$100,238
Interest Rate
7.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 5, 1996
Sold by
Mccormack Myrle T
Bought by
Williams Tonda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.99%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Frazier William L | $99,750 | -- | |
Williams Tonda | $87,500 | Stewart Title Company |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Frazier William L | $164,000 | |
Closed | Frazier William Luther | $50,000 | |
Closed | Frazier William L | $106,700 | |
Closed | Frazier William L | $142,704 | |
Closed | Frazier William L | $54,785 | |
Closed | Frazier William L | $21,375 | |
Closed | Frazier William L | $120,100 | |
Closed | Frazier William L | $99,064 | |
Closed | Frazier William L | $24,000 | |
Closed | Frazier William L | $100,238 | |
Previous Owner | Williams Tonda | $78,750 |
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 | $1,883 | $57,450 | $10,000 | $47,450 |
2024 | $1,883 | $55,550 | $9,525 | $46,025 |
2023 | $3,384 | $55,550 | $9,525 | $46,025 |
2022 | $3,384 | $55,550 | $9,525 | $46,025 |
2021 | $3,424 | $55,550 | $9,525 | $46,025 |
2020 | $2,753 | $38,000 | $9,200 | $28,800 |
2019 | $2,753 | $38,000 | $9,200 | $28,800 |
2018 | $2,753 | $38,000 | $9,200 | $28,800 |
2017 | $1,562 | $38,000 | $9,200 | $28,800 |
2016 | $1,533 | $35,075 | $0 | $0 |
2014 | $1,533 | $35,075 | $0 | $0 |
Source: Public Records
Map
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