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5224 Rich Rd; Memphis, TN Property Details

5224 Rich Rd, Memphis, TN is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 5224 Rich Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,559 square feet. The lot size of 5224 Rich Rd is 10,500 square feet.

For Rent
5224 Rich Rd Memphis, TN 38117
$1,450 Listing Price
3 Beds
2 Baths
1,559 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1955
  • Purchase Price: $125,000
  • Est. Equity / %: $285,000 / 100%
  • Gross Yield: 8.236%
  • APN: 06-4026-0-0023
  • Situs County: Shelby
  • Length Of Ownership: 11 years, 8 months

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: Gable
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 1,559/SqFt
  • Lot: 10,500/SqFt
  • Gross: 1,559/SqFt
  • Living: 1,559/SqFt
  • Building: 1,559/SqFt
  • Ground: 1,307/SqFt
  • Price Per Square Foot: $80.18
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: 35.135746 / -89.88783
  • Subdivision: Normandy Meadows
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2862
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One: $700
  • H O A Amount: $700
  • H O A One Frequency: Monthly
  • H O A One Name: Normandy Meadows
  • H O A One Type: Home Owner Association

Ownership Info

5224 Rich Rd has no associated ownership info
5224 Rich Rd has no associated ownership info.

Taxes

5224 Rich Rd has 10 associated Taxes items

5224 Rich 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 $58,600. The APN we've located for 5224 Rich Rd is 06-4026-0-0023.

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Taxes
  • Assessed Value:  $58,600
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  06-4026-0-0023
  • Assessed Land Value:  18325
  • Market Land Value:  73300
  • Tax Amount:  1576.34
  • Tax Year:  2025
  • Market Value:  234400
  • Market Year:  2025

Tax History

5224 Rich Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $58,600 Land Value $18,325 Improvement Value $40,275 Tax Amount $1,576.34 Change Rate -0.183142% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,929.76 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $56,925 Land Value $19,325 Improvement Value $37,600 Tax Amount $1,929.76 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $56,925 Land Value $19,325 Improvement Value $37,600 Tax Amount $3,467.67 Change Rate -0.011584% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $56,925 Land Value $19,325 Improvement Value $37,600 Tax Amount $3,508.31 Change Rate +0.137223% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $42,575 Land Value $19,325 Improvement Value $23,250 Tax Amount $3,084.98 Change Rate +1.267201% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $42,575 Land Value $19,325 Improvement Value $23,250 Tax Amount $1,360.7 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $42,575 Land Value $19,325 Improvement Value $23,250 Tax Amount $1,360.7 Change Rate -0.023068% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $42,575 Land Value $19,325 Improvement Value $23,250 Tax Amount $1,392.83 Change Rate +0.051066% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $38,975 Land Value Improvement Value Tax Amount $1,325.16 Change Rate -0.221963% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $38,975 Land Value Improvement Value Tax Amount $1,703.21 Change Rate +0.299525% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,310.64 Change Rate Assessed CR Tax Rate