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5229 Downs Dr; Memphis, TN Property Details

5229 Downs Dr, Memphis, TN is a Single Family that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 5229 Downs Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,612 square feet. The lot size of 5229 Downs Dr is 10,033 square feet.

Off market
5229 Downs Dr Memphis, TN 38135
$46,875 Estimated Value
3 Beds
2 Baths
1,612 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1973
  • Purchase Price: $138,300
  • Est. Equity / %: $177,000 / 100%
  • Gross Yield: 10.02%
  • APN: 08-7077-0-0015
  • Situs County: Shelby
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,612/SqFt
  • Lot: 10,033/SqFt
  • Gross: 1,992/SqFt
  • Garage: 380/SqFt
  • Living: 1,612/SqFt
  • Building: 1,992/SqFt
  • Ground: 1,612/SqFt
  • Price Per Square Foot: $85.79

Legal Description

  • Description: SS DOWNS 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: 35.22702 / -89.88892
  • Subdivision: Lynchburg Park Sec B
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2237
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

5229 Downs Dr has no associated ownership info
5229 Downs Dr has no associated ownership info.

Taxes

5229 Downs Dr has 10 associated Taxes items

5229 Downs 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 $46,875. The APN we've located for 5229 Downs Dr is 08-7077-0-0015.

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Taxes
  • Assessed Value:  $46,875
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-7077-0-0015
  • Assessed Land Value:  5000
  • Market Land Value:  20000
  • Tax Amount:  1260.94
  • Tax Year:  2025
  • Market Value:  187500
  • Market Year:  2025

Tax History

5229 Downs Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,875 Land Value $5,000 Improvement Value $41,875 Tax Amount $1,260.94 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $32,450 Land Value $3,875 Improvement Value $28,575 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $32,450 Land Value $3,875 Improvement Value $28,575 Tax Amount $1,976.74 Change Rate Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $32,450 Land Value $3,875 Improvement Value $28,575 Tax Amount $1,976.74 Change Rate -0.01159% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $32,450 Land Value $3,875 Improvement Value $28,575 Tax Amount $1,999.92 Change Rate +0.223956% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $22,550 Land Value $3,875 Improvement Value $18,675 Tax Amount $1,633.98 Change Rate +1.267244% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $22,550 Land Value $3,875 Improvement Value $18,675 Tax Amount $720.69 Change Rate -0.000014% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $22,550 Land Value $3,875 Improvement Value $18,675 Tax Amount $720.7 Change Rate -0.023084% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $22,550 Land Value $3,875 Improvement Value $18,675 Tax Amount $737.73 Change Rate +0.017488% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $21,325 Land Value Improvement Value Tax Amount $725.05 Change Rate -0.221966% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $21,325 Land Value Improvement Value Tax Amount $931.9 Change Rate +0.093471% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $852.24 Change Rate Assessed CR Tax Rate