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2986 Gardens Way; Memphis, TN Property Details

2986 Gardens Way, Memphis, TN is a Planned Unit Development that was built in 1988. This property is currently Financed and is not for sale. Our records show that 2986 Gardens Way has 3 bedrooms, and 2.5 bathrooms, and a total of 3,290 square feet. The lot size of 2986 Gardens Way is 3,634 square feet.

Off market
2986 Gardens Way Memphis, TN 38111
$137,450 Estimated Value
3 Beds
2.5 Baths
3,290 SqFt
Property Type
Planned Unit Development
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1988
  • Purchase Price: $307,000
  • Est. Equity / %: $610,000 / 100%
  • APN: 04-5062-B0-0022
  • Situs County: Shelby
  • Length Of Ownership: 27 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,290/SqFt
  • Lot: 3,634/SqFt
  • Gross: 3,819/SqFt
  • Garage: 529/SqFt
  • Living: 3,290/SqFt
  • Building: 3,819/SqFt
  • Ground: 1,650/SqFt
  • Garage Unfinished: 529/SqFt
  • Price Per Square Foot: $93.31

Legal Description

  • Description: SEE MAP GRID# 140 G NS 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: 35.13251 / -89.96212
  • Subdivision: The Gardens Phase 3
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 252

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2647
  • Bathroom Fixtures: 13
  • 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

2986 Gardens Way has no associated ownership info
2986 Gardens Way has no associated ownership info.

Taxes

2986 Gardens Way has 10 associated Taxes items

2986 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 $137,450. The APN we've located for 2986 Gardens Way is 04-5062-B0-0022.

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Taxes
  • Assessed Value:  $137,450
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-5062-B0-0022
  • Assessed Land Value:  23075
  • Market Land Value:  92300
  • Tax Amount:  3697.41
  • Tax Year:  2025
  • Market Value:  549800
  • Market Year:  2025

Tax History

2986 Gardens Way has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $137,450 Land Value $23,075 Improvement Value $114,375 Tax Amount $3,697.41 Change Rate -0.136264% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $126,275 Land Value $21,375 Improvement Value $104,900 Tax Amount $4,280.72 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $126,275 Land Value $21,375 Improvement Value $104,900 Tax Amount $4,280.72 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $126,275 Land Value $21,375 Improvement Value $104,900 Tax Amount $7,692.21 Change Rate -0.011588% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $126,275 Land Value $21,375 Improvement Value $104,900 Tax Amount $7,782.39 Change Rate -0.098782% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $119,175 Land Value $21,375 Improvement Value $97,800 Tax Amount $8,635.41 Change Rate +1.267208% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $119,175 Land Value $21,375 Improvement Value $97,800 Tax Amount $3,808.83 Change Rate +0.000003% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $119,175 Land Value $21,375 Improvement Value $97,800 Tax Amount $3,808.82 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $119,175 Land Value $21,375 Improvement Value $97,800 Tax Amount $3,898.79 Change Rate +0.236671% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $92,725 Land Value Improvement Value Tax Amount $3,152.65 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $92,725 Land Value Improvement Value Tax Amount $4,052.08 Change Rate +0.212482% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,341.97 Change Rate Assessed CR Tax Rate
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