6141 Poplar Pike Memphis, TN 38119
Poplar Pines NeighborhoodEstimated 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
                        
                        
                    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
            
        
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        Home Values in the Area
Average Home Value in this Area
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
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
                    
            
        Map
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