NOT LISTED FOR SALE

561 Rienzi Dr Memphis, TN 38103

South Main Neighborhood

Estimated Value: $353,000 - $425,000

2 Beds
3 Baths
1,627 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 561 Rienzi Dr, Memphis, TN 38103 and is currently estimated at $394,561, approximately $242 per square foot. 561 Rienzi Dr is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Nolte Zakkary K and Nolte Walter J
Bought by
Thomas B Newbern 2021 Trust and Newbern
Current Estimated Value
$394,561

Purchase Details

Closed on
Aug 2, 2021
Sold by
Nolte Zakkary K and Tmashiro Alexa
Bought by
Nolte Zakkary K and Nolte Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2018
Sold by
Flis Christopher D
Bought by
Nolte Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2016
Sold by
Flis Christopher D and Pascus Margaret Christine
Bought by
Flis Christopher D and Fchrsitopher D Flis 2016 Revocable Trust

Purchase Details

Closed on
Feb 10, 2014
Sold by
Rao Arun Gadahad
Bought by
Flis Christopher David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Boland Shelley A and King James A
Bought by
Rao Arun Gadahad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Biggs George N
Bought by
Boland Shelley A and King James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2000
Sold by
Collins Bernard Greer
Bought by
Biggs George N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

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
Thomas B Newbern 2021 Trust $427,000 Memphis Title Company
Nolte Zakkary K -- Mortgage Connect Lp
Nolte Walter J $300,000 Memphis Title Co
Flis Christopher D -- None Available
Flis Christopher David $260,000 None Available
Rao Arun Gadahad $285,000 Keystone Title Llc
Boland Shelley A $213,000 Memphis Title Company
Biggs George N $182,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolte Zakkary K $271,500
Previous Owner Nolte Walter J $280,000
Previous Owner Flis Christopher D $227,400
Previous Owner Flis Christopher David $234,000
Previous Owner Rao Arun Gadahad $170,475
Previous Owner Rao Arun Gadahad $195,000
Previous Owner Boland Shelley A $191,700
Previous Owner Biggs George N $171,000
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 $2,857 $107,700 $20,250 $87,450
2024 $2,857 $84,275 $13,900 $70,375
2023 $5,134 $84,275 $13,900 $70,375
2022 $5,134 $84,275 $13,900 $70,375
2021 $5,194 $84,275 $13,900 $70,375
2020 $5,250 $72,450 $13,900 $58,550
2019 $5,250 $72,450 $13,900 $58,550
2018 $5,250 $72,450 $13,900 $58,550
2017 $2,978 $72,450 $13,900 $58,550
2016 $2,656 $60,775 $0 $0
2014 $2,656 $60,775 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38103 South Main

561 Rienzi Dr, Memphis, TN

This home is located at 561 Rienzi Dr, Memphis, TN 38103 and is currently estimated at $394,561, approximately $242 per square foot. 561 Rienzi Dr is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.

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.

Nearby Homes