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1198 Lemasa Dr; Memphis, TN Property Details

1198 Lemasa Dr, Memphis, TN is a Single Family that was built in 2004. This property is currently a cash purchase and is not for sale. Our records show that 1198 Lemasa Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,332 square feet. The lot size of 1198 Lemasa Dr is 6,000 square feet.

For Rent
1198 Lemasa Dr Memphis, TN 38018
$1,025 Listing Price
3 Beds
2 Baths
1,332 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2004
  • Purchase Price: $80,000
  • Est. Equity / %: $232,000 / 100%
  • Gross Yield: 8.503%
  • APN: D0-213W-A0-0104
  • Situs County: Shelby
  • Length Of Ownership: 12 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D

Measurements

  • Total: 1,332/SqFt
  • Lot: 6,000/SqFt
  • Gross: 1,752/SqFt
  • Garage: 420/SqFt
  • Living: 1,332/SqFt
  • Building: 1,752/SqFt
  • Ground: 1,332/SqFt
  • Price Per Square Foot: $60.06

Legal Description

  • Description: ES LEMASA DR SEE MAP D2-13WA (TILE# 346)
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.158104 / -89.834854
  • Subdivision: Whitten Forest Pd Ph 3
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 062

Amenities

  • Plus Four: 8857
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $276
  • H O A Amount: $276
  • H O A One Frequency: Annual
  • H O A One Name: Country Park Homeowner'S Association, Inc.
  • H O A One Type: Home Owner Association
  • H O A Two Name: Whitten Forest
  • H O A Two Type: Home Owner Association

Ownership Info

1198 Lemasa Dr has no associated ownership info
1198 Lemasa Dr has no associated ownership info.

Taxes

1198 Lemasa Dr has 10 associated Taxes items

1198 Lemasa Dr, 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 $59,175. The APN we've located for 1198 Lemasa Dr is D0-213W-A0-0104.

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Taxes
  • Assessed Value:  $59,175
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-213W-A0-0104
  • Assessed Land Value:  10000
  • Market Land Value:  40000
  • Tax Amount:  1591.81
  • Tax Year:  2025
  • Market Value:  236700
  • Market Year:  2025

Tax History

1198 Lemasa Dr has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $59,175 Land Value $10,000 Improvement Value $49,175 Tax Amount $1,591.81 Change Rate +0.124025% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $41,775 Land Value $6,875 Improvement Value $34,900 Tax Amount $1,416.17 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $41,775 Land Value $6,875 Improvement Value $34,900 Tax Amount $1,416.17 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $41,775 Land Value $6,875 Improvement Value $34,900 Tax Amount $1,416.17 Change Rate -0.017395% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $41,775 Land Value $6,875 Improvement Value $34,900 Tax Amount $1,441.24 Change Rate +0.216616% Assessed CR Tax Rate +0.0345%
Year 2020 Assessed Value $29,250 Land Value $6,875 Improvement Value $22,375 Tax Amount $1,184.63 Change Rate Assessed CR Tax Rate +0.0405%
Year 2019 Assessed Value $29,250 Land Value $6,875 Improvement Value $22,375 Tax Amount $1,184.63 Change Rate Assessed CR Tax Rate +0.0405%
Year 2018 Assessed Value $29,250 Land Value $6,875 Improvement Value $22,375 Tax Amount $1,184.63 Change Rate -0.014598% Assessed CR Tax Rate +0.0405%
Year 2017 Assessed Value $29,250 Land Value $6,875 Improvement Value $22,375 Tax Amount $1,202.18 Change Rate Assessed CR Tax Rate +0.0411%
Year 2016 Assessed Value $25,725 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,725 Land Value Improvement Value Tax Amount $1,124.18 Change Rate Assessed CR Tax Rate +0.0437%