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115 Founders Ln; Memphis, TN Property Details

115 Founders Ln, Memphis, TN is a Planned Unit Development that was built in 1995. This property is currently a cash purchase and is not for sale. Our records show that 115 Founders Ln has 3 bedrooms, and 3.5 bathrooms, and a total of 3,187 square feet. The lot size of 115 Founders Ln is 7,197 square feet.

Off market
115 Founders Ln Memphis, TN 38103
$595,000 Listing Price
3 Beds
3.5 Baths
3,187 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1995
  • Purchase Price: $595,000
  • Open Loans / Balance: 1 / $198,116
  • Est. Equity / %: $602,884 / 75.27%
  • APN: 00-2086-A0-0017
  • Situs County: Shelby
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,187/SqFt
  • Lot: 7,197/SqFt
  • Gross: 3,751/SqFt
  • Garage: 564/SqFt
  • Living: 3,187/SqFt
  • Building: 3,751/SqFt
  • Ground: 1,924/SqFt
  • Price Per Square Foot: $186.70

Legal Description

  • Description: WS FOUNDERS LN (PD)
Building Insights

Land Information

  • Property Type: Planned Unit Development
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.127792 / -90.06993
  • Subdivision: Founders Pointe P D Phase 1 Parcel 1
  • Property Class: Residential
  • Zoning: R-R
  • County Use Code: 052

Amenities

  • Plus Four: 4763
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $960
  • H O A Amount: $960
  • H O A One Frequency: Monthly
  • H O A One Name: Founders Pointe Association
  • H O A One Type: Planned Unit Development

Ownership Info

115 Founders Ln has no associated ownership info
115 Founders Ln has no associated ownership info.

Taxes

115 Founders Ln has 10 associated Taxes items

115 Founders Ln, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $174,000. The APN we've located for 115 Founders Ln is 00-2086-A0-0017.

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Taxes
  • Assessed Value:  $174,000
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  00-2086-A0-0017
  • Assessed Land Value:  50675
  • Market Land Value:  202700
  • Tax Amount:  4680.6
  • Tax Year:  2025
  • Market Value:  696000
  • Market Year:  2025

Tax History

115 Founders Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $174,000 Land Value $50,675 Improvement Value $123,325 Tax Amount $4,680.6 Change Rate -0.071794% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,042.63 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $148,750 Land Value $42,800 Improvement Value $105,950 Tax Amount $5,042.63 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $148,750 Land Value $42,800 Improvement Value $105,950 Tax Amount $9,061.32 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $148,750 Land Value $42,800 Improvement Value $105,950 Tax Amount $9,167.54 Change Rate +0.128121% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $112,150 Land Value $32,475 Improvement Value $79,675 Tax Amount $8,126.38 Change Rate +1.267209% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $112,150 Land Value $32,475 Improvement Value $79,675 Tax Amount $3,584.31 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $112,150 Land Value $32,475 Improvement Value $79,675 Tax Amount $3,584.31 Change Rate -0.023075% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $112,150 Land Value $32,475 Improvement Value $79,675 Tax Amount $3,668.97 Change Rate +0.144033% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $94,325 Land Value Improvement Value Tax Amount $3,207.05 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $94,325 Land Value Improvement Value Tax Amount $4,122 Change Rate +0.373286% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,001.56 Change Rate Assessed CR Tax Rate