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499 Melody Ln; Memphis, TN Property Details

499 Melody Ln, Memphis, TN is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 499 Melody Ln has 4 bedrooms, and 4 bathrooms, and a total of 2,656 square feet. The lot size of 499 Melody Ln is 15,133 square feet.

Off market
499 Melody Ln Memphis, TN 38120
$114,000 Estimated Value
4 Beds
4 Baths
2,656 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $455,000
  • Open Loans / Balance: 1 / $354,929
  • Est. Equity / %: $89,071 / 20.06%
  • Gross Yield: 9.235%
  • APN: 05-6047-0-0027
  • Situs County: Shelby
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 10

Structure

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

Measurements

  • Total: 2,656/SqFt
  • Lot: 15,133/SqFt
  • Gross: 2,656/SqFt
  • Living: 2,656/SqFt
  • Building: 2,656/SqFt
  • Ground: 2,656/SqFt
  • Price Per Square Foot: $171.31

Legal Description

  • Description: NW S MELODY LN
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: 35.11743 / -89.87878
  • Subdivision: Melody Lane
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2451
  • Bathroom Fixtures: 16
  • Fireplaces: 1
  • Heating: Central

Ownership Info

499 Melody Ln has no associated ownership info
499 Melody Ln has no associated ownership info.

Taxes

499 Melody Ln has 10 associated Taxes items

499 Melody 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 $114,000. The APN we've located for 499 Melody Ln is 05-6047-0-0027.

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Taxes
  • Assessed Value:  $114,000
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-6047-0-0027
  • Assessed Land Value:  21000
  • Market Land Value:  84000
  • Tax Amount:  3066.6
  • Tax Year:  2025
  • Market Value:  456000
  • Market Year:  2025

Tax History

499 Melody Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,000 Land Value $21,000 Improvement Value $93,000 Tax Amount $3,066.6 Change Rate +0.020706% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $88,625 Land Value $21,000 Improvement Value $67,625 Tax Amount $3,004.39 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $88,625 Land Value $21,000 Improvement Value $67,625 Tax Amount $5,398.71 Change Rate +0.79694% Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $88,625 Land Value $21,000 Improvement Value $67,625 Tax Amount $3,004.39 Change Rate -0.449946% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $88,625 Land Value $21,000 Improvement Value $67,625 Tax Amount $5,461.99 Change Rate +0.055367% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $71,425 Land Value $21,000 Improvement Value $50,425 Tax Amount $5,175.44 Change Rate +1.267215% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $71,425 Land Value $21,000 Improvement Value $50,425 Tax Amount $2,282.73 Change Rate -0.000004% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $71,425 Land Value $21,000 Improvement Value $50,425 Tax Amount $2,282.74 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $71,425 Land Value $21,000 Improvement Value $50,425 Tax Amount $2,336.66 Change Rate -0.034079% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $71,150 Land Value Improvement Value Tax Amount $2,419.1 Change Rate -0.221969% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $71,150 Land Value Improvement Value Tax Amount $3,109.26 Change Rate +0.392894% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,232.23 Change Rate Assessed CR Tax Rate