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556 W Mitchell Rd; Memphis, TN Property Details

556 W Mitchell Rd, Memphis, TN is a Single Family that was built in 1964. This property is currently a cash purchase and is not for sale. Our records show that 556 W Mitchell Rd has 2 bedrooms, and 2 bathrooms, and a total of 1,496 square feet. The lot size of 556 W Mitchell Rd is 8,400 square feet.

Off market
556 W Mitchell Rd Memphis, TN 38109
$23,675 Estimated Value
2 Beds
2 Baths
1,496 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1964
  • Purchase Price: $45,000
  • Open Loans / Balance: 1 / $107,905
  • Est. Equity / %: $-3,905 / -3.75%
  • Gross Yield: 11.054%
  • APN: 07-5040-0-0078
  • Situs County: Shelby
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,496/SqFt
  • Lot: 8,400/SqFt
  • Gross: 1,496/SqFt
  • Garage: 200/SqFt
  • Living: 1,496/SqFt
  • Building: 1,496/SqFt
  • Ground: 1,496/SqFt
  • Price Per Square Foot: $30.08
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: 35.056168 / -90.08262
  • Subdivision: George W Lee
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3643
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Name: George W. Lee
  • H O A One Type: Home Owner Association
  • H O A Two Name: Shelby Heights Subdivision
  • H O A Two Type: Home Owner Association

Ownership Info

556 W Mitchell Rd has no associated ownership info
556 W Mitchell Rd has no associated ownership info.

Taxes

556 W Mitchell Rd has 10 associated Taxes items

556 W Mitchell 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 $23,675. The APN we've located for 556 W Mitchell Rd is 07-5040-0-0078.

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Taxes
  • Assessed Value:  $23,675
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-5040-0-0078
  • Assessed Land Value:  1875
  • Market Land Value:  7500
  • Tax Amount:  636.86
  • Tax Year:  2025
  • Market Value:  94700
  • Market Year:  2025

Tax History

556 W Mitchell Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,675 Land Value $1,875 Improvement Value $21,800 Tax Amount $636.86 Change Rate +0.231885% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $516.98 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $15,250 Land Value $1,350 Improvement Value $13,900 Tax Amount $516.98 Change Rate -0.443491% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $15,250 Land Value $1,350 Improvement Value $13,900 Tax Amount $928.97 Change Rate +1.245299% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $15,250 Land Value $1,350 Improvement Value $13,900 Tax Amount $413.74 Change Rate -0.508821% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $11,625 Land Value $1,350 Improvement Value $10,275 Tax Amount $842.34 Change Rate +1.267158% Assessed CR Tax Rate +0.072459%
Year 2019 Assessed Value $11,625 Land Value $1,350 Improvement Value $10,275 Tax Amount $371.54 Change Rate +0.000027% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $11,625 Land Value $1,350 Improvement Value $10,275 Tax Amount $371.53 Change Rate -0.023086% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $11,625 Land Value $1,350 Improvement Value $10,275 Tax Amount $380.31 Change Rate -0.096114% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $12,375 Land Value Improvement Value Tax Amount $420.75 Change Rate -0.221972% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $12,375 Land Value Improvement Value Tax Amount $540.79 Change Rate +0.06996% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $505.43 Change Rate Assessed CR Tax Rate