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385 Woodmere Ln; Memphis, TN Property Details

385 Woodmere Ln, Memphis, TN is a Single Family that was built in 1945. This property is currently Financed and is not for sale. Our records show that 385 Woodmere Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,567 square feet. The lot size of 385 Woodmere Ln is 17,523 square feet.

Off market
385 Woodmere Ln Memphis, TN 38117
$385,000 Listing Price
3 Beds
2 Baths
2,567 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1945
  • Purchase Price: $385,000
  • Open Loans / Balance: 2 / $258,588
  • Est. Equity / %: $397,412 / 60.58%
  • Gross Yield: 9.037%
  • APN: 05-7007-0-0007
  • Situs County: Shelby
  • Length Of Ownership: 9 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1.25
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: A
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,567/SqFt
  • Lot: 17,523/SqFt
  • Gross: 2,934/SqFt
  • Garage: 367/SqFt
  • Living: 2,567/SqFt
  • Building: 2,934/SqFt
  • Ground: 1,991/SqFt
  • Price Per Square Foot: $149.98

Legal Description

  • Description: NS CENTRAL LANE NW COR WOODMERE LANE
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: 35.12104 / -89.920975
  • Subdivision: Village The
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3637
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $850
  • H O A Two: $25
  • H O A Amount: $875
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Annual
  • H O A One Name: The Village
  • H O A One Type: Home Owner Association
  • H O A Two Name: The South Tract Of The Village
  • H O A Two Type: Home Owner Association

Ownership Info

385 Woodmere Ln has no associated ownership info
385 Woodmere Ln has no associated ownership info.

Taxes

385 Woodmere Ln has 10 associated Taxes items

385 Woodmere Ln, 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 $116,375. The APN we've located for 385 Woodmere Ln is 05-7007-0-0007.

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Taxes
  • Assessed Value:  $116,375
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-7007-0-0007
  • Assessed Land Value:  62000
  • Market Land Value:  248000
  • Tax Amount:  3130.49
  • Tax Year:  2025
  • Market Value:  465500
  • Market Year:  2025

Tax History

385 Woodmere Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $116,375 Land Value $62,000 Improvement Value $54,375 Tax Amount $3,130.49 Change Rate -0.036319% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $95,825 Land Value $62,000 Improvement Value $33,825 Tax Amount $3,248.47 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $95,825 Land Value $62,000 Improvement Value $33,825 Tax Amount $3,248.47 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $95,825 Land Value $62,000 Improvement Value $33,825 Tax Amount $5,837.31 Change Rate -0.011585% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $95,825 Land Value $62,000 Improvement Value $33,825 Tax Amount $5,905.73 Change Rate -0.095915% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $90,150 Land Value $40,250 Improvement Value $49,900 Tax Amount $6,532.27 Change Rate +1.267213% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $90,150 Land Value $40,250 Improvement Value $49,900 Tax Amount $2,881.19 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $90,150 Land Value $40,250 Improvement Value $49,900 Tax Amount $2,881.19 Change Rate +0.082938% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $81,325 Land Value $40,250 Improvement Value $41,075 Tax Amount $2,660.53 Change Rate -0.114559% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $88,375 Land Value Improvement Value Tax Amount $3,004.75 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $88,375 Land Value Improvement Value Tax Amount $3,861.99 Change Rate +0.536407% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,513.65 Change Rate Assessed CR Tax Rate