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5123 Schutt Rd; Memphis, TN Property Details

5123 Schutt Rd, Memphis, TN is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 5123 Schutt Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,800 square feet. The lot size of 5123 Schutt Rd is 10,010 square feet.

For Rent
5123 Schutt Rd Memphis, TN 38116
$60,275 Estimated Value
3 Beds
2 Baths
1,800 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1963
  • Purchase Price: $200,000
  • Open Loans / Balance: 2 / $185,914
  • Est. Equity / %: $38,086 / 17%
  • Gross Yield: 14.539%
  • APN: 07-9087-0-0159
  • Situs County: Shelby
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,800/SqFt
  • Lot: 10,010/SqFt
  • Gross: 1,800/SqFt
  • Garage: 216/SqFt
  • Living: 1,800/SqFt
  • Building: 1,800/SqFt
  • Ground: 1,800/SqFt
  • Price Per Square Foot: $111.11

Legal Description

  • Description: WS SCHUTT RD TO EXPRESSWAY
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: 35.008614 / -90.00193
  • Subdivision: Holmes Haven
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8546
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Name: Holmes Haven Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

5123 Schutt Rd has no associated ownership info
5123 Schutt Rd has no associated ownership info.

Taxes

5123 Schutt Rd has 10 associated Taxes items

5123 Schutt 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 $60,275. The APN we've located for 5123 Schutt Rd is 07-9087-0-0159.

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Taxes
  • Assessed Value:  $60,275
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-9087-0-0159
  • Assessed Land Value:  6325
  • Market Land Value:  25300
  • Tax Amount:  1621.4
  • Tax Year:  2025
  • Market Value:  241100
  • Market Year:  2025

Tax History

5123 Schutt Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,275 Land Value $6,325 Improvement Value $53,950 Tax Amount $1,621.4 Change Rate +0.277991% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $37,425 Land Value $4,300 Improvement Value $33,125 Tax Amount $1,268.71 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $37,425 Land Value $4,300 Improvement Value $33,125 Tax Amount $1,268.71 Change Rate -0.282444% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $29,025 Land Value $4,300 Improvement Value $24,725 Tax Amount $1,768.1 Change Rate +1.24532% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $29,025 Land Value $4,300 Improvement Value $24,725 Tax Amount $787.46 Change Rate -0.465973% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $20,350 Land Value $4,300 Improvement Value $16,050 Tax Amount $1,474.57 Change Rate +1.267174% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $20,350 Land Value $4,300 Improvement Value $16,050 Tax Amount $650.4 Change Rate +0.000015% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $20,350 Land Value $4,300 Improvement Value $16,050 Tax Amount $650.39 Change Rate -0.023072% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $20,350 Land Value $4,300 Improvement Value $16,050 Tax Amount $665.75 Change Rate -0.040153% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $20,400 Land Value Improvement Value Tax Amount $693.6 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $20,400 Land Value Improvement Value Tax Amount $891.48 Change Rate +0.106055% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $806 Change Rate Assessed CR Tax Rate