Large Location Icon

5501 Rust Rd; Memphis, TN Property Details

5501 Rust Rd, Memphis, TN is a Single Family that was built in 1947. This property is currently Financed and is not for sale. Our records show that 5501 Rust Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,219 square feet. The lot size of 5501 Rust Rd is 97,008 square feet.

Off market
5501 Rust Rd Memphis, TN 38127
$23,525 Estimated Value
3 Beds
2 Baths
1,219 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $66,000
  • Open Loans / Balance: 2 / $37,403
  • Est. Equity / %: $123,597 / 76.77%
  • Gross Yield: 6.03%
  • APN: D0-135-0-0213
  • Situs County: Shelby
  • Length Of Ownership: 21 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 1,219/SqFt
  • Lot: 97,008/SqFt
  • Gross: 1,219/SqFt
  • Living: 1,219/SqFt
  • Building: 1,219/SqFt
  • Ground: 1,219/SqFt
  • Price Per Square Foot: $54.14

Legal Description

  • Description: WS FITE RD 1112.6 FT N OF HWY NO 51
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: 35.276134 / -89.98308
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1935
  • Bathroom Fixtures: 6
  • Heating: Forced air unit

Ownership Info

5501 Rust Rd has no associated ownership info
5501 Rust Rd has no associated ownership info.

Taxes

5501 Rust Rd has 10 associated Taxes items

5501 Rust 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 $23,525. The APN we've located for 5501 Rust Rd is D0-135-0-0213.

Unlock the full report
Taxes
  • Assessed Value:  $23,525
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-135-0-0213
  • Assessed Land Value:  6500
  • Market Land Value:  26000
  • Tax Amount:  632.82
  • Tax Year:  2025
  • Market Value:  94100
  • Market Year:  2025

Tax History

5501 Rust Rd has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,525 Land Value $6,500 Improvement Value $17,025 Tax Amount $632.82 Change Rate -0.184836% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $22,900 Land Value $6,150 Improvement Value $16,750 Tax Amount $776.31 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $22,900 Land Value $6,150 Improvement Value $16,750 Tax Amount $776.31 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $22,900 Land Value $6,150 Improvement Value $16,750 Tax Amount $776.31 Change Rate -0.017391% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $22,900 Land Value $6,150 Improvement Value $16,750 Tax Amount $790.05 Change Rate +0.542072% Assessed CR Tax Rate +0.0345%
Year 2020 Assessed Value $12,650 Land Value $6,150 Improvement Value $6,500 Tax Amount $512.33 Change Rate Assessed CR Tax Rate +0.0405%
Year 2019 Assessed Value $12,650 Land Value $6,150 Improvement Value $6,500 Tax Amount $512.33 Change Rate Assessed CR Tax Rate +0.0405%
Year 2018 Assessed Value $12,650 Land Value $6,150 Improvement Value $6,500 Tax Amount $512.33 Change Rate -0.014598% Assessed CR Tax Rate +0.0405%
Year 2017 Assessed Value $12,650 Land Value $6,150 Improvement Value $6,500 Tax Amount $519.92 Change Rate Assessed CR Tax Rate +0.0411%
Year 2016 Assessed Value $13,350 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $13,350 Land Value Improvement Value Tax Amount $583.4 Change Rate Assessed CR Tax Rate +0.0437%