NOT LISTED FOR SALE

5615 Rust Rd Memphis, TN 38127

Estimated Value: $235,000 - $256,000

3 Beds
2 Baths
2,002 Sq Ft
$124/Sq Ft Est. Value

About This Home

This home is located at 5615 Rust Rd, Memphis, TN 38127 and is currently estimated at $248,205, approximately $123 per square foot. 5615 Rust Rd is a home located in Shelby County with nearby schools including E.E. Jeter Elementary School, Trezevant High School, and Compass Community School Frayser Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Austein George Franklin and Austein Roy Allen
Bought by
Shannon Corey A and Shannon Jordan M
Current Estimated Value
$248,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,919
Outstanding Balance
$258,955
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$10,750

Purchase Details

Closed on
Nov 15, 2013
Sold by
Austein Georgia
Bought by
Austein George Franklin and Austein Roy Allen
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.

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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.

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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.

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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.

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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
Shannon Corey A $250,000 Edco Title & Closing Services
Austein George Franklin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Corey A $261,919
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 $1,687 $66,550 $4,950 $61,600
2024 -- $49,775 $4,325 $45,450
2023 $1,687 $49,775 $4,325 $45,450
2022 $1,687 $49,775 $4,325 $45,450
2021 $1,717 $49,775 $4,325 $45,450
2020 $1,390 $34,325 $3,925 $30,400
2019 $1,390 $34,325 $3,925 $30,400
2018 $1,390 $34,325 $3,925 $30,400
2017 $1,411 $34,325 $3,925 $30,400
2016 $1,367 $31,275 $0 $0
2014 $1,367 $31,275 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38053

5615 Rust Rd, Memphis, TN

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