NOT LISTED FOR SALE

Estimated Value: $7,383,533

2 Beds
-- Bath
-- Sq Ft
2.4 Acres

About This Home

This home is located at 6141 Poplar Pike, Memphis, TN 38119 and is currently estimated at $7,383,533. 6141 Poplar Pike is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and Ridgeway High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Cwp Memphis I Llc
Bought by
Tanvi Hospitality Llc
Current Estimated Value
$7,383,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,851,920
Outstanding Balance
$7,302,340
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$81,193

Purchase Details

Closed on
May 13, 2022
Sold by
Hpt Ihg-2 Properties Trust
Bought by
Cwp Memphis I Llc

Purchase Details

Closed on
Sep 26, 2017
Sold by
Newton Hotels Property Holdigns Llc
Bought by
Hpt High 2 Propertis Trust

Purchase Details

Closed on
Aug 7, 2014
Sold by
Lion Es Hotels Holdings Llc
Bought by
Bre Newton Hotels Property Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000,000
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Marriott Residence Inn Ii Lp
Bought by
Aht Residence Inn Ii Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,771,449
Interest Rate
5.65%
Mortgage Type
Commercial
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

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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
Tanvi Hospitality Llc $7,183,062 Newmark Title Services Llc
Cwp Memphis I Llc $5,900,000 Sullivan & Worcester Llp
Hpt High 2 Propertis Trust $8,563,637 Fidelity National Title Grio
Bre Newton Hotels Property Owner Llc $6,500,000 Fidelity Natl Title Ins Co
Aht Residence Inn Ii Lp -- Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanvi Hospitality Llc $8,851,920
Previous Owner Bre Newton Hotels Property Owner Llc $570,000,000
Previous Owner Aht Residence Inn Ii Lp $2,771,449
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2024 03/05/24 For Rent $1,600 0.0% --
08/08/2023 08/08/23 For Rent $1,600 0.0% --
07/13/2023 07/13/23 For Rent $1,600 0.0% --
06/18/2023 06/18/23 For Rent $1,600 0.0% --
05/01/2023 05/01/23 For Rent $1,600 -- --

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 $56,110 $2,916,200 $529,840 $2,386,360
2024 $80,004 $1,655,160 $700,400 $954,760
2023 $143,763 $2,360,000 $700,400 $1,659,600
2022 $174,284 $2,861,040 $700,400 $2,160,640
2021 $219,151 $3,555,880 $700,400 $2,855,480
2020 $214,481 $2,960,000 $700,400 $2,259,600
2019 $105,820 $3,311,040 $700,400 $2,610,640
2018 $66,452 $2,079,240 $700,400 $1,378,840
2017 $68,022 $2,079,240 $700,400 $1,378,840
2016 $53,489 $1,224,000 $0 $0
2014 $53,489 $1,224,000 $0 $0
Source: Public Records

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