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197 Nicolet Dr; Memphis, TN Property Details

197 Nicolet Dr, Memphis, TN is a Planned Unit Development that was built in 2002. This property is currently Financed and is not for sale. Our records show that 197 Nicolet Dr has 4 bedrooms, and 4 bathrooms, and a total of 4,659 square feet. The lot size of 197 Nicolet Dr is 23,958 square feet.

Off market
197 Nicolet Dr Memphis, TN 38109
$125,275 Estimated Value
4 Beds
4 Baths
4,659 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2002
  • Purchase Price: $49,900
  • Open Loans / Balance: 1 / $221,685
  • Est. Equity / %: $244,315 / 52.43%
  • APN: 07-5259-B0-0028
  • Situs County: Shelby
  • Length Of Ownership: 25 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 2

Structure

  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: B

Measurements

  • Total: 4,659/SqFt
  • Lot: 23,958/SqFt
  • Gross: 5,384/SqFt
  • Garage: 725/SqFt
  • Living: 4,659/SqFt
  • Building: 5,384/SqFt
  • Ground: 2,954/SqFt
  • Price Per Square Foot: $10.71

Legal Description

  • Description: SS NICOLET DR (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: 35.001614 / -90.07033
  • Subdivision: Day Estates Pd
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 052

Amenities

  • Plus Four: 7459
  • Bathroom Fixtures: 17
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One: $500
  • H O A Amount: $500
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

197 Nicolet Dr has no associated ownership info
197 Nicolet Dr has no associated ownership info.

Taxes

197 Nicolet Dr has 10 associated Taxes items

197 Nicolet 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 $125,275. The APN we've located for 197 Nicolet Dr is 07-5259-B0-0028.

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Taxes
  • Assessed Value:  $125,275
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-5259-B0-0028
  • Assessed Land Value:  13625
  • Market Land Value:  54500
  • Tax Amount:  3369.9
  • Tax Year:  2025
  • Market Value:  501100
  • Market Year:  2025

Tax History

197 Nicolet Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,275 Land Value $13,625 Improvement Value $111,650 Tax Amount $3,369.9 Change Rate +0.125788% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $88,300 Land Value $13,625 Improvement Value $74,675 Tax Amount $2,993.37 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $88,300 Land Value $13,625 Improvement Value $74,675 Tax Amount $2,993.37 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $88,300 Land Value $13,625 Improvement Value $74,675 Tax Amount $5,378.92 Change Rate -0.011588% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $88,300 Land Value $13,625 Improvement Value $74,675 Tax Amount $5,441.98 Change Rate +0.020081% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $73,625 Land Value $11,375 Improvement Value $62,250 Tax Amount $5,334.85 Change Rate +1.267216% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $73,625 Land Value $11,375 Improvement Value $62,250 Tax Amount $2,353.04 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $73,625 Land Value $11,375 Improvement Value $62,250 Tax Amount $2,353.04 Change Rate -0.02308% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $73,625 Land Value $11,375 Improvement Value $62,250 Tax Amount $2,408.63 Change Rate -0.285866% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $99,200 Land Value Improvement Value Tax Amount $3,372.8 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $99,200 Land Value Improvement Value Tax Amount $4,335.04 Change Rate +0.116105% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,884.08 Change Rate Assessed CR Tax Rate