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6506 Falling Mist Ln; Memphis, TN Property Details

6506 Falling Mist Ln, Memphis, TN is a Single Family that was built in 1983. This property is currently Financed and is not for sale. Our records show that 6506 Falling Mist Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,040 square feet. The lot size of 6506 Falling Mist Ln is 8,400 square feet.

Off market
6506 Falling Mist Ln Memphis, TN 38141
$31,850 Estimated Value
3 Beds
2 Baths
1,040 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $59,900
  • Open Loans / Balance: 1 / $101,978
  • Est. Equity / %: $40,022 / 28.18%
  • Gross Yield: 7.217%
  • APN: 09-3510-X0-0059
  • Situs County: Shelby
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,040/SqFt
  • Lot: 8,400/SqFt
  • Gross: 1,040/SqFt
  • Living: 1,040/SqFt
  • Building: 1,040/SqFt
  • Ground: 1,040/SqFt
  • Price Per Square Foot: $57.60

Legal Description

  • Description: NS FALLING MIST LN
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: 35.03414 / -89.84639
  • Subdivision: Five Thousand Oaks Sec B
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Plus Four: 7244
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Name: Five Thousand Oaks
  • H O A One Type: Home Owner Association
  • H O A Two Name: Section B, Five Thousand Oaks Subdivision
  • H O A Two Type: Home Owner Association

Ownership Info

6506 Falling Mist Ln has no associated ownership info
6506 Falling Mist Ln has no associated ownership info.

Taxes

6506 Falling Mist Ln has 10 associated Taxes items

6506 Falling Mist Ln, 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 $31,850. The APN we've located for 6506 Falling Mist Ln is 09-3510-X0-0059.

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Taxes
  • Assessed Value:  $31,850
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  09-3510-X0-0059
  • Assessed Land Value:  5975
  • Market Land Value:  23900
  • Tax Amount:  856.77
  • Tax Year:  2025
  • Market Value:  127400
  • Market Year:  2025

Tax History

6506 Falling Mist Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,850 Land Value $5,975 Improvement Value $25,875 Tax Amount $856.77 Change Rate +0.070909% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $23,600 Land Value $4,475 Improvement Value $19,125 Tax Amount $800.04 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $23,600 Land Value $4,475 Improvement Value $19,125 Tax Amount $800.04 Change Rate -0.443501% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $23,600 Land Value $4,475 Improvement Value $19,125 Tax Amount $1,437.63 Change Rate -0.011592% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $23,600 Land Value $4,475 Improvement Value $19,125 Tax Amount $1,454.49 Change Rate +0.205575% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $16,650 Land Value $4,475 Improvement Value $12,175 Tax Amount $1,206.47 Change Rate +1.267204% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $16,650 Land Value $4,475 Improvement Value $12,175 Tax Amount $532.14 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $16,650 Land Value $4,475 Improvement Value $12,175 Tax Amount $532.14 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $16,650 Land Value $4,475 Improvement Value $12,175 Tax Amount $544.71 Change Rate +0.028648% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $15,575 Land Value Improvement Value Tax Amount $529.54 Change Rate -0.221986% Assessed CR Tax Rate +0.033999%
Year 2014 Assessed Value $15,575 Land Value Improvement Value Tax Amount $680.63 Change Rate +0.172732% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $580.38 Change Rate Assessed CR Tax Rate