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41 S Summer Grove Rd; Memphis, TN Property Details

41 S Summer Grove Rd, Memphis, TN is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 41 S Summer Grove Rd has 5 bedrooms, and 3.5 bathrooms, and a total of 3,125 square feet. The lot size of 41 S Summer Grove Rd is 24,597 square feet.

Off market
41 S Summer Grove Rd Memphis, TN 38018
$116,475 Estimated Value
5 Beds
3.5 Baths
3,125 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $287,500
  • Est. Equity / %: $484,000 / 100%
  • Gross Yield: 9.513%
  • APN: D0-220Y-B0-0063
  • Situs County: Shelby
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 3,125/SqFt
  • Lot: 24,597/SqFt
  • Gross: 3,566/SqFt
  • Garage: 441/SqFt
  • Living: 3,125/SqFt
  • Building: 3,566/SqFt
  • Ground: 1,842/SqFt
  • Price Per Square Foot: $92.00

Legal Description

  • Description: ES SPRING GROVE CV COR SUMMER GROVE RD (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: 35.12446 / -89.76051
  • Subdivision: Grove Of Riveredge Phase 4
  • Property Class: Residential
  • Zoning: R-15
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 4818
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Name: Walnut Grove Forest Hill Association, Inc.
  • H O A One Type: Home Owner Association
  • H O A Two Name: Walnut Grove-Forest Hill Irene Owner'S Association, Inc.
  • H O A Two Type: Home Owner Association

Ownership Info

41 S Summer Grove Rd has no associated ownership info
41 S Summer Grove Rd has no associated ownership info.

Taxes

41 S Summer Grove Rd has 10 associated Taxes items

41 S Summer Grove Rd, 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 $116,475. The APN we've located for 41 S Summer Grove Rd is D0-220Y-B0-0063.

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Taxes
  • Assessed Value:  $116,475
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-220Y-B0-0063
  • Assessed Land Value:  19750
  • Market Land Value:  79000
  • Tax Amount:  3133.18
  • Tax Year:  2025
  • Market Value:  465900
  • Market Year:  2025

Tax History

41 S Summer Grove Rd has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $116,475 Land Value $19,750 Improvement Value $96,725 Tax Amount $3,133.18 Change Rate +0.147769% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $80,525 Land Value $16,450 Improvement Value $64,075 Tax Amount $2,729.8 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $80,525 Land Value $16,450 Improvement Value $64,075 Tax Amount $2,729.8 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $80,525 Land Value $16,450 Improvement Value $64,075 Tax Amount $2,729.8 Change Rate -0.01739% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $80,525 Land Value $16,450 Improvement Value $64,075 Tax Amount $2,778.11 Change Rate Assessed CR Tax Rate +0.0345%