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6875 Somerset Cv; Memphis, TN Property Details

6875 Somerset Cv, Memphis, TN is a Apt House 5+ Units that was built in 1985. This property is currently a cash purchase and is not for sale. Our records show that 6875 Somerset Cv has 22 bedrooms, and 22 bathrooms, and a total of 83,157 square feet. The lot size of 6875 Somerset Cv is 2,261,505 square feet.

Off market
6860 Quince Rd Memphis, TN 38119
$4,354,280 Estimated Value
22 Beds
22 Baths
83,157 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1985
  • Purchase Price: $47,000,000
  • Open Loans: 1
  • Inv. Liens / Amount: 1 / $4,727
  • APN: 08-1089-0-0038
  • Situs County: Shelby
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 22
  • Bathrooms: 22
  • Full Bathrooms: 21
  • Partial Bathrooms: 2

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Good
  • Building Quality: B
  • Pool Type: Yes

Measurements

  • Total: 83,157/SqFt
  • Lot: 2,261,505/SqFt
  • Gross: 83,157/SqFt
  • Living: 83,157/SqFt
  • Building: 83,157/SqFt
  • Ground: 67,010/SqFt
  • Price Per Square Foot: $565.20

Legal Description

  • Description: NS QUINCE RD
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.066395 / -89.835236
  • Subdivision: The Watergrove Ltd Properties
  • Property Class: Residential
  • Zoning: RU-2
  • County Use Code: 002

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 8619
  • Cooling: Central
  • Heating: Yes

Ownership Info

6860 Quince Rd has no associated ownership info
6860 Quince Rd has no associated ownership info.

Taxes

6860 Quince Rd has 10 associated Taxes items

6875 Somerset Cv, 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 $4,354,280. The APN we've located for 6875 Somerset Cv is 08-1089-0-0038.

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Taxes
  • Assessed Value:  $4,354,280
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-1089-0-0038
  • Assessed Land Value:  1780560
  • Market Land Value:  4451400
  • Tax Amount:  117130.13
  • Tax Year:  2025
  • Market Value:  10885700
  • Market Year:  2025

Tax History

6860 Quince Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,354,280 Land Value $1,780,560 Improvement Value $2,573,720 Tax Amount $117,130.13 Change Rate -0.184002% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $143,542.09 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $4,234,280 Land Value $1,672,960 Improvement Value $2,561,320 Tax Amount $143,542.09 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $4,234,280 Land Value $1,672,960 Improvement Value $2,561,320 Tax Amount $257,937.09 Change Rate +1.245311% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $4,234,280 Land Value $1,672,960 Improvement Value $2,561,320 Tax Amount $114,878.09 Change Rate -0.513399% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $3,258,120 Land Value $1,672,960 Improvement Value $1,585,160 Tax Amount $236,082.91 Change Rate +1.267214% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $3,258,120 Land Value $1,672,960 Improvement Value $1,585,160 Tax Amount $104,129.06 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $3,258,120 Land Value $1,672,960 Improvement Value $1,585,160 Tax Amount $104,129.06 Change Rate -0.023077% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $3,258,120 Land Value $1,672,960 Improvement Value $1,585,160 Tax Amount $106,588.78 Change Rate +0.152272% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $2,720,680 Land Value Improvement Value Tax Amount $92,503.12 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $2,720,680 Land Value Improvement Value Tax Amount $118,893.72 Change Rate +0.075522% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $110,545.13 Change Rate Assessed CR Tax Rate