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5579 Melvin Rd; Memphis, TN Property Details

5579 Melvin Rd, Memphis, TN is a Single Family that was built in 1958. This property is not for sale. Our records show that 5579 Melvin Rd has 3 bedrooms, and 1.5 bathrooms, and a total of 1,628 square feet. The lot size of 5579 Melvin Rd is 11,006 square feet.

Off market
5579 Melvin Rd Memphis, TN 38120
$58,075 Estimated Value
3 Beds
1.5 Baths
1,628 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $85,000
  • Est. Equity / %: $271,000 / 100%
  • Gross Yield: 12.204%
  • APN: 06-8052-0-0002
  • Situs County: Shelby
  • Length Of Ownership: 32 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,628/SqFt
  • Lot: 11,006/SqFt
  • Gross: 1,628/SqFt
  • Living: 1,628/SqFt
  • Building: 1,628/SqFt
  • Ground: 1,628/SqFt
  • Price Per Square Foot: $52.21
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: 35.135983 / -89.87598
  • Subdivision: Parkview Acres Sec B
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1805
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Name: Parkview Acres
  • H O A One Type: Home Owner Association
  • H O A Two Name: Section A, Parkview Acres Subdivision
  • H O A Two Type: Home Owner Association

Ownership Info

5579 Melvin Rd has no associated ownership info
5579 Melvin Rd has no associated ownership info.

Taxes

5579 Melvin Rd has 10 associated Taxes items

5579 Melvin 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 $58,075. The APN we've located for 5579 Melvin Rd is 06-8052-0-0002.

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Taxes
  • Assessed Value:  $58,075
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  06-8052-0-0002
  • Assessed Land Value:  10000
  • Market Land Value:  40000
  • Tax Amount:  1562.22
  • Tax Year:  2025
  • Market Value:  232300
  • Market Year:  2025

Tax History

5579 Melvin Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $58,075 Land Value $10,000 Improvement Value $48,075 Tax Amount $1,562.22 Change Rate -0.167047% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $55,325 Land Value $8,675 Improvement Value $46,650 Tax Amount $1,875.52 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $55,325 Land Value $8,675 Improvement Value $46,650 Tax Amount $1,875.52 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $55,325 Land Value $8,675 Improvement Value $46,650 Tax Amount $3,370.2 Change Rate -0.011585% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $55,325 Land Value $8,675 Improvement Value $46,650 Tax Amount $3,409.7 Change Rate +0.200417% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $39,200 Land Value $9,200 Improvement Value $30,000 Tax Amount $2,840.43 Change Rate +1.267229% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $39,200 Land Value $9,200 Improvement Value $30,000 Tax Amount $1,252.82 Change Rate -0.000008% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $39,200 Land Value $9,200 Improvement Value $30,000 Tax Amount $1,252.83 Change Rate -0.023066% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $39,200 Land Value $9,200 Improvement Value $30,000 Tax Amount $1,282.41 Change Rate +0.049178% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $35,950 Land Value Improvement Value Tax Amount $1,222.3 Change Rate -0.22197% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $35,950 Land Value Improvement Value Tax Amount $1,571.02 Change Rate +0.239385% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,267.58 Change Rate Assessed CR Tax Rate