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5561 Patsy Cir; Memphis, TN Property Details

5561 Patsy Cir, Memphis, TN is a Single Family that was built in 1993. This property is currently a cash purchase and is not for sale. Our records show that 5561 Patsy Cir has 4 bedrooms, and 3 bathrooms, and a total of 2,752 square feet. The lot size of 5561 Patsy Cir is 11,273 square feet.

Off market
5561 Patsy Cir W Memphis, TN 38125
$90,025 Estimated Value
4 Beds
3 Baths
2,752 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1993
  • Purchase Price: $335,000
  • Open Loans / Balance: 1 / $228,656
  • Est. Equity / %: $121,344 / 34.67%
  • Gross Yield: 8.942%
  • APN: D0-255B-A0-0070
  • Situs County: Shelby
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: A
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,752/SqFt
  • Lot: 11,273/SqFt
  • Gross: 3,172/SqFt
  • Garage: 420/SqFt
  • Living: 2,752/SqFt
  • Building: 3,172/SqFt
  • Ground: 1,807/SqFt
  • Price Per Square Foot: $121.73

Legal Description

  • Description: SS PATSY CIRCLE W
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: 34.99648 / -89.81985
  • Subdivision: South Oak Pd Phase 2
  • Property Class: Residential
  • Zoning: CA
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4241
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Name: Phase Ii, Part Of Area A And B, South Oak Planned Development
  • H O A One Type: Home Owner Association
  • H O A Two Name: South Oak
  • H O A Two Type: Home Owner Association

Ownership Info

5561 Patsy Cir W has no associated ownership info
5561 Patsy Cir W has no associated ownership info.

Taxes

5561 Patsy Cir W has 10 associated Taxes items

5561 Patsy Cir, 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 $90,025. The APN we've located for 5561 Patsy Cir is D0-255B-A0-0070.

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Taxes
  • Assessed Value:  $90,025
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-255B-A0-0070
  • Assessed Land Value:  13125
  • Market Land Value:  52500
  • Tax Amount:  2421.67
  • Tax Year:  2025
  • Market Value:  360100
  • Market Year:  2025

Tax History

5561 Patsy Cir W has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $90,025 Land Value $13,125 Improvement Value $76,900 Tax Amount $2,421.67 Change Rate +0.407596% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $50,750 Land Value $6,850 Improvement Value $43,900 Tax Amount $1,720.43 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $50,750 Land Value $6,850 Improvement Value $43,900 Tax Amount $1,720.43 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $50,750 Land Value $6,850 Improvement Value $43,900 Tax Amount $1,720.43 Change Rate -0.017391% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $50,750 Land Value $6,850 Improvement Value $43,900 Tax Amount $1,750.88 Change Rate +0.095162% Assessed CR Tax Rate +0.0345%
Year 2020 Assessed Value $39,475 Land Value $6,850 Improvement Value $32,625 Tax Amount $1,598.74 Change Rate Assessed CR Tax Rate +0.0405%
Year 2019 Assessed Value $39,475 Land Value $6,850 Improvement Value $32,625 Tax Amount $1,598.74 Change Rate Assessed CR Tax Rate +0.0405%
Year 2018 Assessed Value $39,475 Land Value $6,850 Improvement Value $32,625 Tax Amount $1,598.74 Change Rate -0.014595% Assessed CR Tax Rate +0.0405%
Year 2017 Assessed Value $39,475 Land Value $6,850 Improvement Value $32,625 Tax Amount $1,622.42 Change Rate Assessed CR Tax Rate +0.0411%
Year 2016 Assessed Value $34,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,500 Land Value Improvement Value Tax Amount $1,507.65 Change Rate Assessed CR Tax Rate +0.0437%