NOT LISTED FOR SALE

Estimated Value: $435,590 - $476,000

3 Beds
3 Baths
2,113 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 748 Velma St, Memphis, TN 38104 and is currently estimated at $447,398, approximately $211 per square foot. 748 Velma St is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Midtown Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2008
Sold by
Cates Andrew P and Cates Mary Allison Beasley
Bought by
Bumgardner Joel David and Bevis Michael Lee
Current Estimated Value
$447,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 2003
Sold by
Boyington Barry Partnership
Bought by
Cates Andrew P and Beasley Mary Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bumgardner Joel David $290,000 Chicago Title Ins Co
Cates Andrew P $250,175 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bumgardner Joel David $232,990
Closed Bumgardner Joel David $224,687
Closed Bungardner Joel David $17,500
Closed Bumgardner Joel David $232,000
Previous Owner Cates Andrew P $160,000
Closed Cates Andrew P $81,567
Source: Public Records

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 $2,898 $96,575 $22,500 $74,075
2024 $2,898 $85,500 $22,500 $63,000
2023 $5,208 $85,500 $22,500 $63,000
2022 $5,208 $85,500 $22,500 $63,000
2021 $5,269 $85,500 $22,500 $63,000
2020 $5,516 $76,125 $22,500 $53,625
2019 $5,516 $76,125 $22,500 $53,625
2018 $5,516 $76,125 $22,500 $53,625
2017 $3,129 $76,125 $22,500 $53,625
2016 $2,950 $67,500 $0 $0
2014 $2,950 $67,500 $0 $0
Source: Public Records

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