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5409 Lock Bay Ln; Memphis, TN Property Details

5409 Lock Bay Ln, Memphis, TN is a Single Family that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 5409 Lock Bay Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,578 square feet. The lot size of 5409 Lock Bay Ln is 9,600 square feet.

Off market  •   Bankruptcy ✓
5409 Lock Bay Ln Memphis, TN 38135
$44,125 Estimated Value
3 Beds
2.5 Baths
1,578 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1986
  • Purchase Price: $92,963
  • Open Loans / Balance: 1 / $15,431
  • Est. Equity / %: $217,569 / 93.38%
  • Gross Yield: 5.866%
  • APN: D0-147B-B0-0023
  • Situs County: Shelby
  • Length Of Ownership: 22 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,578/SqFt
  • Lot: 9,600/SqFt
  • Gross: 1,998/SqFt
  • Garage: 420/SqFt
  • Living: 1,578/SqFt
  • Building: 1,998/SqFt
  • Ground: 796/SqFt
  • Price Per Square Foot: $58.91

Legal Description

  • Description: ES UNNAMED ST COR LOCK BAY LN SE
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: 35.22843 / -89.88309
  • Subdivision: Riverhill Estates Sec B
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2273
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Name: Section ""B"", Riverhill Estates Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

5409 Lock Bay Ln has no associated ownership info
5409 Lock Bay Ln has no associated ownership info.

Taxes

5409 Lock Bay Ln has 10 associated Taxes items

5409 Lock Bay Ln, 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 $44,125. The APN we've located for 5409 Lock Bay Ln is D0-147B-B0-0023.

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Taxes
  • Assessed Value:  $44,125
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-147B-B0-0023
  • Assessed Land Value:  5000
  • Market Land Value:  20000
  • Tax Amount:  1186.96
  • Tax Year:  2025
  • Market Value:  176500
  • Market Year:  2025

Tax History

5409 Lock Bay Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,125 Land Value $5,000 Improvement Value $39,125 Tax Amount $1,186.96 Change Rate +0.023789% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $34,200 Land Value $3,875 Improvement Value $30,325 Tax Amount $1,159.38 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $34,200 Land Value $3,875 Improvement Value $30,325 Tax Amount $1,159.38 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $34,200 Land Value $3,875 Improvement Value $30,325 Tax Amount $1,159.38 Change Rate -0.017391% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $34,200 Land Value $3,875 Improvement Value $30,325 Tax Amount $1,179.9 Change Rate +0.299149% Assessed CR Tax Rate +0.0345%
Year 2020 Assessed Value $22,425 Land Value $3,875 Improvement Value $18,550 Tax Amount $908.21 Change Rate Assessed CR Tax Rate +0.0405%
Year 2019 Assessed Value $22,425 Land Value $3,875 Improvement Value $18,550 Tax Amount $908.21 Change Rate Assessed CR Tax Rate +0.0405%
Year 2018 Assessed Value $22,425 Land Value $3,875 Improvement Value $18,550 Tax Amount $908.21 Change Rate -0.014604% Assessed CR Tax Rate +0.0405%
Year 2017 Assessed Value $22,425 Land Value $3,875 Improvement Value $18,550 Tax Amount $921.67 Change Rate Assessed CR Tax Rate +0.0411%
Year 2016 Assessed Value $21,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $21,100 Land Value Improvement Value Tax Amount $922.07 Change Rate Assessed CR Tax Rate +0.0437%