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225 Summitt St; Memphis, TN Property Details

225 Summitt St, Memphis, TN is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 225 Summitt St has 2 bedrooms, and 2 bathrooms, and a total of 1,416 square feet. The lot size of 225 Summitt St is 7,584 square feet.

Off market
225 Summitt St Memphis, TN 38104
$77,325 Estimated Value
2 Beds
2 Baths
1,416 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $270,000
  • Open Loans / Balance: 1 / $229,873
  • Est. Equity / %: $53,127 / 18.77%
  • Gross Yield: 9.061%
  • APN: 02-8009-0-0003
  • Situs County: Shelby
  • Length Of Ownership: 8 years, 9 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Other
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,416/SqFt
  • Lot: 7,584/SqFt
  • Gross: 1,416/SqFt
  • Garage: 448/SqFt
  • Living: 1,416/SqFt
  • Building: 1,416/SqFt
  • Ground: 1,416/SqFt
  • Garage Unfinished: 448/SqFt
  • Price Per Square Foot: $190.68

Legal Description

  • Description: WS SUMMIT COR COURTLAND SW
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: 35.131985 / -89.98952
  • Subdivision: Lenox
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5319
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central

HOA

  • H O A One Name: Lenox Subdivision
  • H O A One Type: Home Owner Association
  • H O A Two Name: Lenox Association (As To Search 1 Of 2) And Mclaughlin Land Company Association (As To Search 2 Of 2)
  • H O A Two Type: Home Owner Association

Ownership Info

225 Summitt St has no associated ownership info
225 Summitt St has no associated ownership info.

Taxes

225 Summitt St has 10 associated Taxes items

225 Summitt St, 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 $77,325. The APN we've located for 225 Summitt St is 02-8009-0-0003.

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Taxes
  • Assessed Value:  $77,325
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  02-8009-0-0003
  • Assessed Land Value:  13475
  • Market Land Value:  53900
  • Tax Amount:  2080.04
  • Tax Year:  2025
  • Market Value:  309300
  • Market Year:  2025

Tax History

225 Summitt St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,325 Land Value $13,475 Improvement Value $63,850 Tax Amount $2,080.04 Change Rate -0.069629% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $65,950 Land Value $9,225 Improvement Value $56,725 Tax Amount $2,235.71 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $65,950 Land Value $9,225 Improvement Value $56,725 Tax Amount $2,235.71 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $65,950 Land Value $9,225 Improvement Value $56,725 Tax Amount $4,017.45 Change Rate -0.011588% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $65,950 Land Value $9,225 Improvement Value $56,725 Tax Amount $4,064.55 Change Rate +0.029245% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $54,500 Land Value $9,225 Improvement Value $45,275 Tax Amount $3,949.06 Change Rate +1.267229% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $54,500 Land Value $9,225 Improvement Value $45,275 Tax Amount $1,741.8 Change Rate -0.000006% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $54,500 Land Value $9,225 Improvement Value $45,275 Tax Amount $1,741.81 Change Rate +0.288378% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $41,325 Land Value $9,225 Improvement Value $32,100 Tax Amount $1,351.94 Change Rate +0.08641% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $36,600 Land Value Improvement Value Tax Amount $1,244.41 Change Rate -0.221962% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $36,600 Land Value Improvement Value Tax Amount $1,599.42 Change Rate +0.310399% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,220.56 Change Rate Assessed CR Tax Rate