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2888 Mercer Dr; Memphis, TN Property Details

2888 Mercer Dr, Memphis, TN is a Single Family that was built in 1929. This property is currently Financed and is not for sale. Our records show that 2888 Mercer Dr has 3 bedrooms, and 1 bathroom, and a total of 1,512 square feet. The lot size of 2888 Mercer Dr is 12,750 square feet.

Off market
2888 Mercer Dr Memphis, TN 38127
$152,000 Listing Price
3 Beds
1 Baths
1,512 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1929
  • Purchase Price: $152,000
  • Open Loans / Balance: 3 / $197,634
  • Est. Equity / %: $-38,634 / -24.3%
  • Gross Yield: 10.128%
  • APN: 07-0084-0-0001
  • Situs County: Shelby
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • 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: 1,512/SqFt
  • Lot: 12,750/SqFt
  • Gross: 1,512/SqFt
  • Living: 1,512/SqFt
  • Building: 1,512/SqFt
  • Ground: 1,512/SqFt
  • Price Per Square Foot: $100.53

Legal Description

  • Description: THRU LOT PT 491 ES MERCER DOR COR CEDARHURST AVE SE
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: 35.204388 / -90.00364
  • Subdivision: Rugby Third Addition
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8143
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Name: Rugby Estates
  • H O A One Type: Home Owner Association

Ownership Info

2888 Mercer Dr has no associated ownership info
2888 Mercer Dr has no associated ownership info.

Taxes

2888 Mercer Dr has 10 associated Taxes items

2888 Mercer 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 $39,025. The APN we've located for 2888 Mercer Dr is 07-0084-0-0001.

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Taxes
  • Assessed Value:  $39,025
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-0084-0-0001
  • Assessed Land Value:  1675
  • Market Land Value:  6700
  • Tax Amount:  1049.77
  • Tax Year:  2025
  • Market Value:  156100
  • Market Year:  2025

Tax History

2888 Mercer Dr has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,025 Land Value $1,675 Improvement Value $37,350 Tax Amount $1,049.77 Change Rate +0.298385% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $808.52 Change Rate -0.20404% Assessed CR Tax Rate
Year 2023 Assessed Value $16,675 Land Value $1,375 Improvement Value $15,300 Tax Amount $1,015.78 Change Rate Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $16,675 Land Value $1,375 Improvement Value $15,300 Tax Amount $1,015.78 Change Rate -0.011589% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $16,675 Land Value $1,375 Improvement Value $15,300 Tax Amount $1,027.69 Change Rate +2.019332% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $10,650 Land Value $1,375 Improvement Value $9,275 Tax Amount $340.37 Change Rate +0.412441% Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $240.98 Change Rate -0.489406% Assessed CR Tax Rate
Year 2014 Assessed Value $10,800 Land Value Improvement Value Tax Amount $471.96 Change Rate +0.038599% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $454.42 Change Rate Assessed CR Tax Rate