5765 Rust Rd Memphis, TN 38127
Estimated Value: $203,000 - $242,398
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,647
                Sq Ft
            
            
                
                    $132/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5765 Rust Rd, Memphis, TN 38127 and is currently estimated at $217,850, approximately $132 per square foot. 5765 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 30, 2024
            
        
                Sold by
            
            
                Freeze Billy W and Freeze Ella E
            
        
                Bought by
            
            
                Forrest Ashley and Forrest Kodey
            
        
                            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
            
            
                $182,000
            
        
                Outstanding Balance
            
            
                $180,071
            
        
                Interest Rate
            
            
                6.78%
            
        
                Mortgage Type
            
            
                Seller Take Back
            
        
                Estimated Equity
            
            
                $37,779
            
        Purchase Details
                Closed on
            
            
                Oct 23, 2023
            
        
                Sold by
            
            
                Bradley Merle C
            
        
                Bought by
            
            
                Freeze Billy W and Freeze Ella E
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Forrest Ashley | $212,000 | None Listed On Document | |
| Freeze Billy W | $230,000 | None Listed On Document | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Forrest Ashley | $182,000 | 
                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 | -- | $60,200 | $12,750 | $47,450 | 
| 2024 | -- | $51,600 | $18,325 | $33,275 | 
| 2023 | $1,749 | $51,600 | $18,325 | $33,275 | 
| 2022 | $1,749 | $51,600 | $18,325 | $33,275 | 
| 2021 | $1,780 | $51,600 | $18,325 | $33,275 | 
| 2020 | $1,512 | $37,325 | $16,675 | $20,650 | 
| 2019 | $1,512 | $37,325 | $16,675 | $20,650 | 
| 2018 | $1,512 | $37,325 | $16,675 | $20,650 | 
| 2017 | $1,534 | $37,325 | $16,675 | $20,650 | 
| 2016 | $1,562 | $35,750 | $0 | $0 | 
| 2014 | $1,562 | $35,750 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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