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494 W Levi Rd; Memphis, TN Property Details

494 W Levi Rd, Memphis, TN is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 494 W Levi Rd has 3 bedrooms, and 1 bathroom, and a total of 950 square feet. The lot size of 494 W Levi Rd is 7,200 square feet.

Off market
494 W Levi Rd Memphis, TN 38109
$22,975 Estimated Value
3 Beds
1 Baths
950 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $48,000
  • Open Loans / Balance: 2 / $7,856
  • Est. Equity / %: $91,144 / 92.06%
  • Gross Yield: 9.055%
  • APN: 07-5097-0-0025
  • Situs County: Shelby
  • Length Of Ownership: 28 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 950/SqFt
  • Lot: 7,200/SqFt
  • Gross: 950/SqFt
  • Garage: 272/SqFt
  • Living: 950/SqFt
  • Building: 950/SqFt
  • Ground: 950/SqFt
  • Price Per Square Foot: $50.53
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: 35.043056 / -90.080666
  • Subdivision: Indian Hills
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4302
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Name: Indian Hills Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Section F-3, Indian Hills Association
  • H O A Two Type: Home Owner Association

Ownership Info

494 W Levi Rd has no associated ownership info
494 W Levi Rd has no associated ownership info.

Taxes

494 W Levi Rd has 10 associated Taxes items

494 W Levi 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 $22,975. The APN we've located for 494 W Levi Rd is 07-5097-0-0025.

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Taxes
  • Assessed Value:  $22,975
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-5097-0-0025
  • Assessed Land Value:  2400
  • Market Land Value:  9600
  • Tax Amount:  618.03
  • Tax Year:  2025
  • Market Value:  91900
  • Market Year:  2025

Tax History

494 W Levi Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,975 Land Value $2,400 Improvement Value $20,575 Tax Amount $618.03 Change Rate +0.2215% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $14,925 Land Value $1,925 Improvement Value $13,000 Tax Amount $505.96 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $14,925 Land Value $1,925 Improvement Value $13,000 Tax Amount $505.96 Change Rate -0.443505% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $14,925 Land Value $1,925 Improvement Value $13,000 Tax Amount $909.19 Change Rate -0.011578% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $14,925 Land Value $1,925 Improvement Value $13,000 Tax Amount $919.84 Change Rate +0.285519% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $9,875 Land Value $1,925 Improvement Value $7,950 Tax Amount $715.54 Change Rate +1.267237% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $9,875 Land Value $1,925 Improvement Value $7,950 Tax Amount $315.6 Change Rate -0.000032% Assessed CR Tax Rate +0.031959%
Year 2018 Assessed Value $9,875 Land Value $1,925 Improvement Value $7,950 Tax Amount $315.61 Change Rate +0.138318% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $8,475 Land Value $1,925 Improvement Value $6,550 Tax Amount $277.26 Change Rate -0.10141% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $9,075 Land Value Improvement Value Tax Amount $308.55 Change Rate -0.221973% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $9,075 Land Value Improvement Value Tax Amount $396.58 Change Rate +0.021455% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $388.25 Change Rate Assessed CR Tax Rate