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5341 Norma Rd; Memphis, TN Property Details

5341 Norma Rd, Memphis, TN is a Single Family that was built in 1993. This property is currently a cash purchase and is not for sale. Our records show that 5341 Norma Rd has 2 bedrooms, and 2 bathrooms, and a total of 1,554 square feet. The lot size of 5341 Norma Rd is 57,194 square feet.

Off market
5341 Norma Rd Memphis, TN 38109
$36,975 Estimated Value
2 Beds
2 Baths
1,554 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1993
  • Purchase Price: $5,000
  • Open Loans / Balance: 1 / $25,576
  • Est. Equity / %: $123,424 / 82.83%
  • Gross Yield: 13.264%
  • APN: 08-2050-0-0014
  • Situs County: Shelby
  • Length Of Ownership: 24 years, 8 months

Rooms

  • Bedrooms: 2
  • 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

Measurements

  • Total: 1,554/SqFt
  • Lot: 57,194/SqFt
  • Gross: 1,554/SqFt
  • Living: 1,554/SqFt
  • Building: 1,554/SqFt
  • Ground: 1,554/SqFt
  • Price Per Square Foot: $3.22

Legal Description

  • Description: WS NORMA NW COR 15 FT RD
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: 35.002514 / -90.104385
  • Subdivision: Louise Richardson
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6926
  • Bathroom Fixtures: 6
  • Heating: Forced air unit

HOA

  • H O A One Name: Louise Richardson Association
  • H O A One Type: Home Owner Association

Ownership Info

5341 Norma Rd has no associated ownership info
5341 Norma Rd has no associated ownership info.

Taxes

5341 Norma Rd has 10 associated Taxes items

5341 Norma 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 $36,975. The APN we've located for 5341 Norma Rd is 08-2050-0-0014.

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Taxes
  • Assessed Value:  $36,975
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-2050-0-0014
  • Assessed Land Value:  2275
  • Market Land Value:  9100
  • Tax Amount:  994.63
  • Tax Year:  2025
  • Market Value:  147900
  • Market Year:  2025

Tax History

5341 Norma Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,975 Land Value $2,275 Improvement Value $34,700 Tax Amount $994.63 Change Rate -0.015432% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $29,800 Land Value $1,975 Improvement Value $27,825 Tax Amount $1,010.22 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $29,800 Land Value $1,975 Improvement Value $27,825 Tax Amount $1,010.22 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $29,800 Land Value $1,975 Improvement Value $27,825 Tax Amount $1,815.31 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $29,800 Land Value $1,975 Improvement Value $27,825 Tax Amount $1,836.59 Change Rate +0.379391% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $18,375 Land Value $1,975 Improvement Value $16,400 Tax Amount $1,331.45 Change Rate +1.267185% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $18,375 Land Value $1,975 Improvement Value $16,400 Tax Amount $587.27 Change Rate +0.000017% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $18,375 Land Value $1,975 Improvement Value $16,400 Tax Amount $587.26 Change Rate -0.023073% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $18,375 Land Value $1,975 Improvement Value $16,400 Tax Amount $601.13 Change Rate -0.058307% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $18,775 Land Value Improvement Value Tax Amount $638.35 Change Rate -0.22197% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $18,775 Land Value Improvement Value Tax Amount $820.47 Change Rate +0.07652% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $762.15 Change Rate Assessed CR Tax Rate