698 Meditation Ln Memphis, TN 38103
South Main NeighborhoodEstimated Value: $712,000 - $778,000
            
                4
                Beds
            
            
            
                4
                Baths
            
            
            
                3,644
                Sq Ft
            
            
                
                    $207/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 698 Meditation Ln, Memphis, TN 38103 and is currently estimated at $754,937, approximately $207 per square foot. 698 Meditation Ln is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Scholars Florida Kansas.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 23, 2024
            
        
                Sold by
            
            
                27 W Carolina Llc
            
        
                Bought by
            
            
                Carolina Terrace Rentals 1 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
            
            
                $2,920,400
            
        
                Outstanding Balance
            
            
                $2,878,556
            
        
                Interest Rate
            
            
                7.1%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                -$2,123,619
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Carolina Terrace Rentals 1 Llc | -- | Saddle Creek Title | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Carolina Terrace Rentals 1 Llc | $2,920,400 | 
                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 | $5,248 | $210,775 | $30,000 | $180,775 | 
| 2024 | $258 | $164,250 | $9,550 | $154,700 | 
| 2023 | $582 | $9,550 | $9,550 | $0 | 
| 2022 | $582 | $9,550 | $9,550 | $0 | 
                Source: Public Records
            
        Map
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