NOT LISTED FOR SALE

5581 Gates Cove Unit 45 Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $51,000 - $58,743

2 Beds
3 Baths
1,452 Sq Ft
$39/Sq Ft Est. Value

About This Home

This home is located at 5581 Gates Cove Unit 45, Memphis, TN 38115 and is currently estimated at $55,936, approximately $38 per square foot. 5581 Gates Cove Unit 45 is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Cornerstone Prep School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Jones Eugene
Bought by
Burdette Kenneth and Burdette Sharunda
Current Estimated Value
$55,936

Purchase Details

Closed on
Oct 15, 2011
Sold by
Jones Beatrice
Bought by
Jones Eugene

Purchase Details

Closed on
Dec 11, 2007
Sold by
Bank Of New York
Bought by
Jones Beatrice

Purchase Details

Closed on
Aug 10, 2007
Sold by
Shelton Michelle R
Bought by
Bank Of New York and Certificate Holders Of Cwalt 2004-J09

Purchase Details

Closed on
Aug 20, 2004
Sold by
Armour Felecia
Bought by
Shelton Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Walton Rashidah
Bought by
Hud

Purchase Details

Closed on
Jun 7, 1999
Sold by
Hamilton Sandra L
Bought by
Walton Rashidah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,560
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 1996
Bought by
Doyle Deborah L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Burdette Kenneth $45,000 Delta Title Services
Jones Eugene -- None Available
Jones Beatrice $23,000 Resource Title Agency Of Tn
Bank Of New York $43,200 None Available
Shelton Michelle R $50,000 --
Hud $58,362 --
Walton Rashidah $48,000 --
Doyle Deborah L $41,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelton Michelle R $50,000
Previous Owner Armour Felecia $10,561
Previous Owner Armour Felecia $22,100
Previous Owner Walton Rashidah $46,560
Closed Walton Rashidah $2,000
Source: Public Records

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 -- $10,450 $1,125 $9,325
2024 -- $6,575 $1,125 $5,450
2023 $401 $6,575 $1,125 $5,450
2022 $401 $6,575 $1,125 $5,450
2021 $227 $6,575 $1,125 $5,450
2020 $429 $5,925 $1,125 $4,800
2019 $189 $5,925 $1,125 $4,800
2018 $189 $5,925 $1,125 $4,800
2017 $194 $5,925 $1,125 $4,800
2016 $272 $6,225 $0 $0
2014 $272 $6,225 $0 $0
Source: Public Records

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