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2516 Labonte Dr; Memphis, TN Property Details

2516 Labonte Dr, Memphis, TN is a Single Family that was built in 1980. This property is currently a cash purchase and is not for sale. Our records show that 2516 Labonte Dr has 3 bedrooms, and 2 bathrooms, and a total of 980 square feet. The lot size of 2516 Labonte Dr is 7,713 square feet.

For Rent
2516 Labonte Dr Memphis, TN 38127
$5,000 Listing Price
3 Beds
2 Baths
980 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1980
  • Purchase Price: $5,000
  • Est. Equity / %: $109,000 / 100%
  • Gross Yield: 4.712%
  • APN: 07-1048-F0-0155
  • Situs County: Shelby
  • Length Of Ownership: 9 years, 9 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 980/SqFt
  • Lot: 7,713/SqFt
  • Gross: 980/SqFt
  • Living: 980/SqFt
  • Building: 980/SqFt
  • Ground: 980/SqFt
  • Price Per Square Foot: $5.10

Legal Description

  • Description: NS LA BONTE DR
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: 35.238873 / -89.97959
  • Subdivision: St Elmo 7th Addn Rev Sec A
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3608
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Name: Section A, 7th Addition, St. Elmo Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: St. Elmo
  • H O A Two Type: Home Owner Association

Ownership Info

2516 Labonte Dr has no associated ownership info
2516 Labonte Dr has no associated ownership info.

Taxes

2516 Labonte Dr has 10 associated Taxes items

2516 Labonte 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 $18,075. The APN we've located for 2516 Labonte Dr is 07-1048-F0-0155.

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Taxes
  • Assessed Value:  $18,075
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-1048-F0-0155
  • Assessed Land Value:  2375
  • Market Land Value:  9500
  • Tax Amount:  486.22
  • Tax Year:  2025
  • Market Value:  72300
  • Market Year:  2025

Tax History

2516 Labonte Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,075 Land Value $2,375 Improvement Value $15,700 Tax Amount $486.22 Change Rate +0.002991% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $14,300 Land Value $2,025 Improvement Value $12,275 Tax Amount $484.77 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $14,300 Land Value $2,025 Improvement Value $12,275 Tax Amount $484.77 Change Rate -0.443503% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $14,300 Land Value $2,025 Improvement Value $12,275 Tax Amount $871.11 Change Rate -0.011585% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $14,300 Land Value $2,025 Improvement Value $12,275 Tax Amount $881.32 Change Rate +0.456583% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $8,350 Land Value $2,025 Improvement Value $6,325 Tax Amount $605.06 Change Rate +1.267161% Assessed CR Tax Rate +0.072462%
Year 2019 Assessed Value $8,350 Land Value $2,025 Improvement Value $6,325 Tax Amount $266.88 Change Rate +0.000037% Assessed CR Tax Rate +0.031962%
Year 2018 Assessed Value $8,350 Land Value $2,025 Improvement Value $6,325 Tax Amount $266.87 Change Rate -0.023063% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $8,350 Land Value $2,025 Improvement Value $6,325 Tax Amount $273.17 Change Rate -0.152041% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $9,475 Land Value Improvement Value Tax Amount $322.15 Change Rate -0.221973% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $9,475 Land Value Improvement Value Tax Amount $414.06 Change Rate +0.159312% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $357.16 Change Rate Assessed CR Tax Rate