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555 Melody Ln; Memphis, TN Property Details

555 Melody Ln, Memphis, TN is a Single Family that was built in 1958. This property is not for sale. Our records show that 555 Melody Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,802 square feet. The lot size of 555 Melody Ln is 12,210 square feet.

Off market
555 Melody Ln Memphis, TN 38120
$86,250 Estimated Value
3 Beds
2 Baths
1,802 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Est. Equity / %: $415,000 / 100%
  • Gross Yield: 7.83%
  • APN: 05-6047-0-0034
  • Situs County: Shelby

Rooms

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

Structure

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

Measurements

  • Total: 1,802/SqFt
  • Lot: 12,210/SqFt
  • Gross: 1,802/SqFt
  • Garage: 360/SqFt
  • Living: 1,802/SqFt
  • Building: 1,802/SqFt
  • Ground: 1,802/SqFt

Legal Description

  • Description: OF LOTS 123 THRU 125 LAURIE LANE SECOND ADDN & TRACT SUBDV WS MELODY LN 126.05 FT N OF
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: 35.115936 / -89.8787
  • Subdivision: Laurie Lane Third Addition
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2451
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central

Ownership Info

555 Melody Ln has no associated ownership info
555 Melody Ln has no associated ownership info.

Taxes

555 Melody Ln has 10 associated Taxes items

555 Melody 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 $86,250. The APN we've located for 555 Melody Ln is 05-6047-0-0034.

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Taxes
  • Assessed Value:  $86,250
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-6047-0-0034
  • Assessed Land Value:  20825
  • Market Land Value:  83300
  • Tax Amount:  2320.13
  • Tax Year:  2025
  • Market Value:  345000
  • Market Year:  2025

Tax History

555 Melody Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,250 Land Value $20,825 Improvement Value $65,425 Tax Amount $2,320.13 Change Rate -0.028181% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $70,425 Land Value $20,825 Improvement Value $49,600 Tax Amount $2,387.41 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $70,425 Land Value $20,825 Improvement Value $49,600 Tax Amount $2,387.41 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $70,425 Land Value $20,825 Improvement Value $49,600 Tax Amount $4,290.04 Change Rate -0.011584% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $70,425 Land Value $20,825 Improvement Value $49,600 Tax Amount $4,340.32 Change Rate +0.171053% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $51,150 Land Value $20,825 Improvement Value $30,325 Tax Amount $3,706.34 Change Rate +1.267207% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $51,150 Land Value $20,825 Improvement Value $30,325 Tax Amount $1,634.76 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $51,150 Land Value $20,825 Improvement Value $30,325 Tax Amount $1,634.76 Change Rate -0.069027% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $53,675 Land Value $20,825 Improvement Value $32,850 Tax Amount $1,755.97 Change Rate +0.034987% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $49,900 Land Value Improvement Value Tax Amount $1,696.61 Change Rate -0.221963% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $49,900 Land Value Improvement Value Tax Amount $2,180.63 Change Rate +0.379351% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,580.91 Change Rate Assessed CR Tax Rate