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5996 Lofty Oak Rd; Memphis, TN Property Details

5996 Lofty Oak Rd, Memphis, TN is a Condominium that was built in 1973. This property is currently Financed and is not for sale. Our records show that 5996 Lofty Oak Rd has 3 bedrooms, and 2.5 bathrooms, and a total of 1,632 square feet. The lot size of 5996 Lofty Oak Rd is 4,334 square feet.

Off market
5996 Lofty Oak Rd Memphis, TN 38115
$17,700 Estimated Value
3 Beds
2.5 Baths
1,632 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $60,000
  • Open Loans / Balance: 1 / $9,328
  • Est. Equity / %: $101,672 / 91.6%
  • Gross Yield: 7.384%
  • APN: 09-3106-D0-0067
  • Situs County: Shelby
  • Length Of Ownership: 28 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: D

Measurements

  • Total: 1,632/SqFt
  • Lot: 4,334/SqFt
  • Gross: 1,632/SqFt
  • Garage: 400/SqFt
  • Living: 1,632/SqFt
  • Building: 1,632/SqFt
  • Ground: 816/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $36.76

Legal Description

  • Description: 1/83RD INT IN 8.26 ACRES NS LOFTY OAK RD
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.06214 / -89.86344
  • Subdivision: Heritage Trails Townhouse Development
  • Property Class: Residential
  • Zoning: RU-2
  • County Use Code: 058

Amenities

  • Plus Four: 2630
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central

HOA

  • H O A One: $250
  • H O A Amount: $250
  • H O A One Frequency: Annual
  • H O A One Name: Heritage Trails
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Heritage Trails Townhouse Development Condominium Association
  • H O A Two Type: Condo Owner Association

Ownership Info

5996 Lofty Oak Rd has no associated ownership info
5996 Lofty Oak Rd has no associated ownership info.

Taxes

5996 Lofty Oak Rd has 10 associated Taxes items

5996 Lofty Oak 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 $17,700. The APN we've located for 5996 Lofty Oak Rd is 09-3106-D0-0067.

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Taxes
  • Assessed Value:  $17,700
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  09-3106-D0-0067
  • Assessed Land Value:  1625
  • Market Land Value:  6500
  • Tax Amount:  476.13
  • Tax Year:  2025
  • Market Value:  70800
  • Market Year:  2025

Tax History

5996 Lofty Oak Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,700 Land Value $1,625 Improvement Value $16,075 Tax Amount $476.13 Change Rate +0.262475% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $11,125 Land Value $1,625 Improvement Value $9,500 Tax Amount $377.14 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $11,125 Land Value $1,625 Improvement Value $9,500 Tax Amount $377.14 Change Rate -0.443492% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $11,125 Land Value $1,625 Improvement Value $9,500 Tax Amount $677.69 Change Rate -0.011581% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $11,125 Land Value $1,625 Improvement Value $9,500 Tax Amount $685.63 Change Rate +0.401762% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $6,750 Land Value $1,625 Improvement Value $5,125 Tax Amount $489.12 Change Rate +1.267173% Assessed CR Tax Rate +0.072462%
Year 2019 Assessed Value $6,750 Land Value $1,625 Improvement Value $5,125 Tax Amount $215.74 Change Rate Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $6,750 Land Value $1,625 Improvement Value $5,125 Tax Amount $215.74 Change Rate -0.023005% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $6,750 Land Value $1,625 Improvement Value $5,125 Tax Amount $220.82 Change Rate -0.469807% Assessed CR Tax Rate +0.032714%
Year 2016 Assessed Value $12,250 Land Value Improvement Value Tax Amount $416.49 Change Rate -0.221994% Assessed CR Tax Rate +0.033999%
Year 2014 Assessed Value $12,250 Land Value Improvement Value Tax Amount $535.33 Change Rate +0.018939% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $525.38 Change Rate Assessed CR Tax Rate