Taxes
- Assessed Value: $55,900
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 02-8009-0-0011
- Assessed Land Value: 13475
- Market Land Value: 53900
- Tax Amount: 1503.71
- Tax Year: 2025
- Market Value: 223600
- Market Year: 2025
541 Summitt St; Memphis, TN Property Details
Off market
541 Summitt St Memphis, TN 38104
$55,900 Estimated Value
3 Beds
1 Baths
1,295 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1910
- Est. Equity / %: $260,000 / 100%
- Gross Yield: 10.108%
- APN: 02-8009-0-0011
- Situs County: Shelby
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: D
- Roof Type: Hip
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,295/SqFt
- Lot: 7,584/SqFt
- Gross: 1,295/SqFt
- Living: 1,295/SqFt
- Building: 1,295/SqFt
- Ground: 1,295/SqFt
Legal Description
- Description: WS SUMMIT
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: 35.13079 / -89.98953
- Subdivision: Lenox
- Property Class: Residential
- Zoning: RU-1
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 5314
- Bathroom Fixtures: 3
- Cooling: Central
- Fireplaces: 1
- Heating: Central
HOA
- H O A One Name: Lenox Subdivision
- H O A One Type: Home Owner Association
- H O A Two Name: Lenox Association (As To Search 1 Of 2) And Mclaughlin Land Company Association (As To Search 2 Of 2)
- H O A Two Type: Home Owner Association
Ownership Info
541 Summitt St has no associated ownership info
541 Summitt St has no associated ownership info.
Taxes
541 Summitt St has 10 associated Taxes items
541 Summitt St, 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 $55,900. The APN we've located for 541 Summitt St is 02-8009-0-0011.
Unlock the full reportTax History
541 Summitt St has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $55,900 | Land Value $13,475 | Improvement Value $42,425 | Tax Amount $1,503.71 | Change Rate -0.227563% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $57,425 | Land Value $9,225 | Improvement Value $48,200 | Tax Amount $1,946.71 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $57,425 | Land Value $9,225 | Improvement Value $48,200 | Tax Amount $1,946.71 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $57,425 | Land Value $9,225 | Improvement Value $48,200 | Tax Amount $3,498.13 | Change Rate -0.011585% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $57,425 | Land Value $9,225 | Improvement Value $48,200 | Tax Amount $3,539.13 | Change Rate +0.237298% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $39,475 | Land Value $9,225 | Improvement Value $30,250 | Tax Amount $2,860.37 | Change Rate +1.26722% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $39,475 | Land Value $9,225 | Improvement Value $30,250 | Tax Amount $1,261.62 | Change Rate +0.000008% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $39,475 | Land Value $9,225 | Improvement Value $30,250 | Tax Amount $1,261.61 | Change Rate -0.023076% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $39,475 | Land Value $9,225 | Improvement Value $30,250 | Tax Amount $1,291.41 | Change Rate +0.059488% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $35,850 | Land Value | Improvement Value | Tax Amount $1,218.9 | Change Rate -0.22197% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $35,850 | Land Value | Improvement Value | Tax Amount $1,566.65 | Change Rate | Assessed CR | Tax Rate +0.0437% |