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318 Richards Way Dr; Memphis, TN Property Details

318 Richards Way Dr, Memphis, TN is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 318 Richards Way Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,768 square feet. The lot size of 318 Richards Way Dr is 13,877 square feet.

Off market
318 Richards Way Dr Memphis, TN 38018
$319,000 Listing Price
4 Beds
2.5 Baths
2,768 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1987
  • Purchase Price: $319,000
  • Open Loans / Balance: 1 / $75,765
  • Est. Equity / %: $237,235 / 75.79%
  • Gross Yield: 9.289%
  • APN: D0-220P-B0-0087
  • Situs County: Shelby
  • Length Of Ownership: 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,768/SqFt
  • Lot: 13,877/SqFt
  • Gross: 3,168/SqFt
  • Garage: 400/SqFt
  • Living: 2,768/SqFt
  • Building: 3,168/SqFt
  • Ground: 1,144/SqFt
  • Price Per Square Foot: $115.25

Legal Description

  • Description: SS FLAMELEAF CV COR RICHARDS WAY DR (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: 35.120865 / -89.76785
  • Subdivision: Woodside At Walnut Grove Sec B
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7428
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

Ownership Info

318 Richards Way Dr has no associated ownership info
318 Richards Way Dr has no associated ownership info.

Taxes

318 Richards Way Dr has 10 associated Taxes items

318 Richards Way 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 $76,375. The APN we've located for 318 Richards Way Dr is D0-220P-B0-0087.

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Taxes
  • Assessed Value:  $76,375
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-220P-B0-0087
  • Assessed Land Value:  16200
  • Market Land Value:  64800
  • Tax Amount:  2054.49
  • Tax Year:  2025
  • Market Value:  305500
  • Market Year:  2025

Tax History

318 Richards Way Dr has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,375 Land Value $16,200 Improvement Value $60,175 Tax Amount $2,054.49 Change Rate -0.011751% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $61,325 Land Value $9,525 Improvement Value $51,800 Tax Amount $2,078.92 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $61,325 Land Value $9,525 Improvement Value $51,800 Tax Amount $2,078.92 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $61,325 Land Value $9,525 Improvement Value $51,800 Tax Amount $2,078.92 Change Rate -0.017389% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $61,325 Land Value $9,525 Improvement Value $51,800 Tax Amount $2,115.71 Change Rate Assessed CR Tax Rate +0.0345%