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563 Summitt St; Memphis, TN Property Details

563 Summitt St, Memphis, TN is a Single Family that was built in 1900. This property is for sale. Our records show that 563 Summitt St has 3 bedrooms, and 2 bathrooms, and a total of 1,606 square feet. The lot size of 563 Summitt St is 4,362 square feet.

On Market for 172 days
563 Summitt St Memphis, TN 38104
$235,000 Listing Price
3 Beds
2 Baths
1,606 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $88,500
  • Est. Equity / %: $236,000 / 100%
  • Gross Yield: 10.356%
  • APN: 02-8009-0-0014
  • Situs County: Shelby
  • Length Of Ownership: 32 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,606/SqFt
  • Lot: 4,362/SqFt
  • Gross: 1,606/SqFt
  • Living: 1,606/SqFt
  • Building: 1,606/SqFt
  • Ground: 1,606/SqFt
  • Price Per Square Foot: $55.11

Legal Description

  • Description: WS SUMMIT 40 FT N OF VINTON
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: 35.1304 / -89.989494
  • Subdivision: Lenox
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5314
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Name: Lenox Subdivision
  • H O A One Type: Home Owner Association
  • H O A Two Name: Lenox Association (As To Search 1 Of 2) And Mclaughlin Land Company Association (As To Search 2 Of 2)
  • H O A Two Type: Home Owner Association

Ownership Info

563 Summitt St has no associated ownership info
563 Summitt St has no associated ownership info.

Taxes

563 Summitt St has 10 associated Taxes items

563 Summitt St, 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 $61,975. The APN we've located for 563 Summitt St is 02-8009-0-0014.

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Taxes
  • Assessed Value:  $61,975
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  02-8009-0-0014
  • Assessed Land Value:  10700
  • Market Land Value:  42800
  • Tax Amount:  1667.13
  • Tax Year:  2025
  • Market Value:  247900
  • Market Year:  2025

Tax History

563 Summitt St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,975 Land Value $10,700 Improvement Value $51,275 Tax Amount $1,667.13 Change Rate -0.145846% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,951.79 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,575 Land Value $5,350 Improvement Value $52,225 Tax Amount $1,951.79 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $57,575 Land Value $5,350 Improvement Value $52,225 Tax Amount $3,507.26 Change Rate +0.110532% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $57,575 Land Value $5,350 Improvement Value $52,225 Tax Amount $3,158.18 Change Rate +0.070994% Assessed CR Tax Rate +0.054853%
Year 2020 Assessed Value $42,325 Land Value $5,350 Improvement Value $36,975 Tax Amount $2,948.83 Change Rate +1.179975% Assessed CR Tax Rate +0.069671%
Year 2019 Assessed Value $42,325 Land Value $5,350 Improvement Value $36,975 Tax Amount $1,352.69 Change Rate -0.000007% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $42,325 Land Value $5,350 Improvement Value $36,975 Tax Amount $1,352.7 Change Rate +0.089253% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $42,325 Land Value $5,350 Improvement Value $36,975 Tax Amount $1,241.86 Change Rate +0.000008% Assessed CR Tax Rate +0.029341%
Year 2016 Assessed Value $36,525 Land Value Improvement Value Tax Amount $1,241.85 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $36,525 Land Value Improvement Value Tax Amount $1,596.14 Change Rate +0.292515% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,234.91 Change Rate Assessed CR Tax Rate