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3875 American Way; Memphis, TN Property Details

3875 American Way, Memphis, TN is a Motel that was built in 1985. This property is currently a cash purchase and is not for sale. Our records show that 3875 American Way has a total of 21,888 square feet. The lot size of 3875 American Way is 92,434 square feet.

Off market
3875 American Way Memphis, TN 38118
$769,440 Estimated Value
21,888 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1985
  • Purchase Price: $1,450,000
  • APN: 07-3017-0-0167
  • Situs County: Shelby
  • Length Of Ownership: 22 years, 1 months

Structure

  • Building Style: Wood
  • Stories: 3
  • Exterior Wall Type: Concrete Block
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 21,888/SqFt
  • Lot: 92,434/SqFt
  • Gross: 21,888/SqFt
  • Living: 21,888/SqFt
  • Building: 21,888/SqFt
  • Ground: 10,944/SqFt
  • Price Per Square Foot: $66.25

Legal Description

  • Description: PT OF LOT 87 EAST MEMPHIS PARK 9-103 SS AMERICAN WAY SEE MAP NO-20 (TILE# 389)
Building Insights

Land Information

  • Property Type: Motel
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.076077 / -89.93413
  • Subdivision: Allenbrooke Pud Final Plan Area 4a&B
  • Property Class: Commercial
  • Zoning: CMU-1
  • County Use Code: 021

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1870
  • Cooling: Central
  • Heating: Yes

Ownership Info

3875 American Way has no associated ownership info
3875 American Way has no associated ownership info.

Taxes

3875 American Way has 10 associated Taxes items

3875 American 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 $769,440. The APN we've located for 3875 American Way is 07-3017-0-0167.

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Taxes
  • Assessed Value:  $769,440
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-3017-0-0167
  • Assessed Land Value:  184680
  • Market Land Value:  461700
  • Tax Amount:  20697.94
  • Tax Year:  2025
  • Market Value:  1923600
  • Market Year:  2025

Tax History

3875 American Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $769,440 Land Value $184,680 Improvement Value $584,760 Tax Amount $20,697.94 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $495,240 Land Value $179,040 Improvement Value $316,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $597,040 Land Value $179,040 Improvement Value $418,000 Tax Amount $36,369.53 Change Rate Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $597,040 Land Value $179,040 Improvement Value $418,000 Tax Amount $36,369.53 Change Rate +1.245313% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $597,040 Land Value $179,040 Improvement Value $418,000 Tax Amount $16,197.98 Change Rate -0.114504% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $572,360 Land Value $179,040 Improvement Value $393,320 Tax Amount $18,292.55 Change Rate Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value $572,360 Land Value $179,040 Improvement Value $393,320 Tax Amount $18,292.55 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $572,360 Land Value $179,040 Improvement Value $393,320 Tax Amount $18,292.55 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $572,360 Land Value $179,040 Improvement Value $393,320 Tax Amount $18,724.64 Change Rate +0.02388% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $537,880 Land Value Improvement Value Tax Amount $18,287.92 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $537,880 Land Value Improvement Value Tax Amount $23,505.36 Change Rate +0.201741% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $19,559.43 Change Rate Assessed CR Tax Rate