5725 Rust Rd Memphis, TN 38127
Estimated Value: $79,000 - $99,000
            
                2
                Beds
            
            
            
                1
                Bath
            
            
            
                944
                Sq Ft
            
            
                
                    $95/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5725 Rust Rd, Memphis, TN 38127 and is currently estimated at $89,291, approximately $94 per square foot. 5725 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
            
            
                May 28, 2024
            
        
                Sold by
            
            
                Pejanovich Miodrag
            
        
                Bought by
            
            
                Veliz Angel
            
        
                            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
            
            
                $75,000
            
        
                Outstanding Balance
            
            
                $68,284
            
        
                Interest Rate
            
            
                7.17%
            
        
                Mortgage Type
            
            
                Seller Take Back
            
        
                Estimated Equity
            
            
                $21,007
            
        Purchase Details
                Closed on
            
            
                Jul 21, 2023
            
        
                Sold by
            
            
                Pejanovich Jennifer
            
        
                Bought by
            
            
                Pejanovich Miodrag
            
        Purchase Details
                Closed on
            
            
                Apr 19, 2018
            
        
                Sold by
            
            
                Hopper Ann
            
        
                Bought by
            
            
                Popwell Arthur Jay
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $41,000
            
        
                Interest Rate
            
            
                4.46%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Sep 8, 2016
            
        
                Sold by
            
            
                Wallace Edward Eugene
            
        
                Bought by
            
            
                Hoper Sarah Ann
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Veliz Angel | $95,000 | None Listed On Document | |
| Pejanovich Miodrag | -- | Erickson Title & Closing | |
| Popwell Arthur Jay | $41,000 | Multiple | |
| Hoper Sarah Ann | $16,000 | Erickson Title & Closing Llc | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Veliz Angel | $75,000 | |
| Previous Owner | Popwell Arthur Jay | $41,000 | 
                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 | $628 | $21,600 | $7,150 | $14,450 | 
| 2024 | $628 | $18,525 | $6,275 | $12,250 | 
| 2023 | $628 | $18,525 | $6,275 | $12,250 | 
| 2022 | $628 | $18,525 | $6,275 | $12,250 | 
| 2021 | $639 | $18,525 | $6,275 | $12,250 | 
| 2020 | $506 | $12,500 | $5,700 | $6,800 | 
| 2019 | $506 | $12,500 | $5,700 | $6,800 | 
| 2018 | $506 | $12,500 | $5,700 | $6,800 | 
| 2017 | $514 | $12,500 | $5,700 | $6,800 | 
| 2016 | $517 | $11,825 | $0 | $0 | 
| 2014 | $517 | $11,825 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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