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5531 Forsyth Dr; Memphis, TN Property Details

5531 Forsyth Dr, Memphis, TN is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 5531 Forsyth Dr has 4 bedrooms, and 3 bathrooms, and a total of 4,188 square feet. The lot size of 5531 Forsyth Dr is 17,169 square feet.

Off market
5531 Forsyth Dr Memphis, TN 38115
$64,575 Estimated Value
4 Beds
3 Baths
4,188 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1962
  • Purchase Price: $106,500
  • Open Loans / Balance: 1 / $73,785
  • Est. Equity / %: $195,215 / 72.57%
  • Gross Yield: 8.132%
  • APN: 07-4078-0-0001C
  • Situs County: Shelby
  • Length Of Ownership: 18 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Good
  • Building Quality: A
  • Roof Type: Gable
  • Pool Type: Yes
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 4,188/SqFt
  • Lot: 17,169/SqFt
  • Gross: 4,188/SqFt
  • Garage: 400/SqFt
  • Living: 4,188/SqFt
  • Building: 4,188/SqFt
  • Ground: 1,834/SqFt
  • Price Per Square Foot: $25.43

Legal Description

  • Description: SS FORSYTH DR COR FLINT DR SE SEE MAP GRID 179 H
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: 35.066135 / -89.879074
  • Subdivision: Foxmeadows Sect C
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 2313
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 2

Ownership Info

5531 Forsyth Dr has no associated ownership info
5531 Forsyth Dr has no associated ownership info.

Taxes

5531 Forsyth Dr has 10 associated Taxes items

5531 Forsyth 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 $64,575. The APN we've located for 5531 Forsyth Dr is 07-4078-0-0001C.

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Taxes
  • Assessed Value:  $64,575
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-4078-0-0001C
  • Assessed Land Value:  5825
  • Market Land Value:  23300
  • Tax Amount:  1737.07
  • Tax Year:  2025
  • Market Value:  258300
  • Market Year:  2025

Tax History

5531 Forsyth Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,575 Land Value $5,825 Improvement Value $58,750 Tax Amount $1,737.07 Change Rate +0.114542% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $45,975 Land Value $5,075 Improvement Value $40,900 Tax Amount $1,558.55 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $45,975 Land Value $5,075 Improvement Value $40,900 Tax Amount $1,558.55 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $45,975 Land Value $5,075 Improvement Value $40,900 Tax Amount $2,800.63 Change Rate -0.01159% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $45,975 Land Value $5,075 Improvement Value $40,900 Tax Amount $2,833.47 Change Rate +0.272715% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $30,725 Land Value $5,075 Improvement Value $25,650 Tax Amount $2,226.32 Change Rate +1.267221% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $30,725 Land Value $5,075 Improvement Value $25,650 Tax Amount $981.96 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $30,725 Land Value $5,075 Improvement Value $25,650 Tax Amount $981.96 Change Rate -0.023091% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $30,725 Land Value $5,075 Improvement Value $25,650 Tax Amount $1,005.17 Change Rate +0.025631% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $28,825 Land Value Improvement Value Tax Amount $980.05 Change Rate -0.221966% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $28,825 Land Value Improvement Value Tax Amount $1,259.65 Change Rate +0.026668% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,226.93 Change Rate Assessed CR Tax Rate