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505 Riveredge Dr; Memphis, TN Property Details

505 Riveredge Dr, Memphis, TN is a Single Family that was built in 1995. This property is currently Financed and is not for sale. Our records show that 505 Riveredge Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 6,232 square feet. The lot size of 505 Riveredge Dr is 22,184 square feet.

Off market
505 Riveredge Dr W Memphis, TN 38018
$156,875 Estimated Value
4 Beds
3.5 Baths
6,232 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1995
  • Purchase Price: $380,000
  • Open Loans / Balance: 1 / $298,203
  • Est. Equity / %: $381,797 / 56.15%
  • Gross Yield: 7.959%
  • APN: D0-220K-D0-0031
  • Situs County: Shelby
  • Length Of Ownership: 10 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 1.5
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 6,232/SqFt
  • Lot: 22,184/SqFt
  • Gross: 7,060/SqFt
  • Garage: 828/SqFt
  • Living: 6,232/SqFt
  • Building: 7,060/SqFt
  • Ground: 3,013/SqFt
  • Price Per Square Foot: $60.98

Legal Description

  • Description: SS RIVEREDGE DR
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: 35.112633 / -89.764015
  • Subdivision: The Gardens Of Riveredge Phase 2
  • Property Class: Residential
  • Zoning: R-15
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7614
  • 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

Ownership Info

505 Riveredge Dr W has no associated ownership info
505 Riveredge Dr W has no associated ownership info.

Taxes

505 Riveredge Dr W has 10 associated Taxes items

505 Riveredge Dr, 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 $156,875. The APN we've located for 505 Riveredge Dr is D0-220K-D0-0031.

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Taxes
  • Assessed Value:  $156,875
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-220K-D0-0031
  • Assessed Land Value:  22500
  • Market Land Value:  90000
  • Tax Amount:  4219.94
  • Tax Year:  2025
  • Market Value:  627500
  • Market Year:  2025

Tax History

505 Riveredge Dr W has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $156,875 Land Value $22,500 Improvement Value $134,375 Tax Amount $4,219.94 Change Rate +0.182725% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $105,250 Land Value $22,500 Improvement Value $82,750 Tax Amount $3,567.98 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $105,250 Land Value $22,500 Improvement Value $82,750 Tax Amount $3,567.98 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $105,250 Land Value $22,500 Improvement Value $82,750 Tax Amount $3,567.98 Change Rate -0.017391% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $105,250 Land Value $22,500 Improvement Value $82,750 Tax Amount $3,631.13 Change Rate Assessed CR Tax Rate +0.0345%