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2971 Gardens Way; Memphis, TN Property Details

2971 Gardens Way, Memphis, TN is a Planned Unit Development that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 2971 Gardens Way has 3 bedrooms, and 4.5 bathrooms, and a total of 4,037 square feet. The lot size of 2971 Gardens Way is 6,447 square feet.

Off market
2971 Gardens Way Memphis, TN 38111
$545,000 Listing Price
3 Beds
4.5 Baths
4,037 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1986
  • Purchase Price: $910,000
  • Est. Equity / %: $938,000 / 100%
  • APN: 04-5062-B0-0008
  • Situs County: Shelby
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 4,037/SqFt
  • Lot: 6,447/SqFt
  • Gross: 4,733/SqFt
  • Garage: 696/SqFt
  • Living: 4,037/SqFt
  • Building: 4,733/SqFt
  • Ground: 2,303/SqFt
  • Price Per Square Foot: $225.41

Legal Description

  • Description: SEE MAP GRID# 140 G SS GARDENS WAY (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: 35.132248 / -89.96271
  • Subdivision: The Gardens Phase 3
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 052

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2648
  • Bathroom Fixtures: 16
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $4,600
  • H O A Amount: $4,600
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

2971 Gardens Way has no associated ownership info
2971 Gardens Way has no associated ownership info.

Taxes

2971 Gardens Way has 10 associated Taxes items

2971 Gardens Way, 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 $232,275. The APN we've located for 2971 Gardens Way is 04-5062-B0-0008.

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Taxes
  • Assessed Value:  $232,275
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-5062-B0-0008
  • Assessed Land Value:  31625
  • Market Land Value:  126500
  • Tax Amount:  6248.2
  • Tax Year:  2025
  • Market Value:  929100
  • Market Year:  2025

Tax History

2971 Gardens Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $232,275 Land Value $31,625 Improvement Value $200,650 Tax Amount $6,248.2 Change Rate +0.21119% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $152,175 Land Value $29,275 Improvement Value $122,900 Tax Amount $5,158.73 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $152,175 Land Value $29,275 Improvement Value $122,900 Tax Amount $5,158.73 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $152,175 Land Value $29,275 Improvement Value $122,900 Tax Amount $9,269.95 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $152,175 Land Value $29,275 Improvement Value $122,900 Tax Amount $9,378.62 Change Rate -0.087222% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $141,800 Land Value $29,275 Improvement Value $112,525 Tax Amount $10,274.81 Change Rate +1.267219% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $141,800 Land Value $29,275 Improvement Value $112,525 Tax Amount $4,531.9 Change Rate +0.192844% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $118,875 Land Value $29,275 Improvement Value $89,600 Tax Amount $3,799.24 Change Rate -0.102015% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $129,325 Land Value $29,275 Improvement Value $100,050 Tax Amount $4,230.85 Change Rate +0.186242% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $104,900 Land Value Improvement Value Tax Amount $3,566.6 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $104,900 Land Value Improvement Value Tax Amount $4,584.13 Change Rate +0.295362% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,538.88 Change Rate Assessed CR Tax Rate