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702 Meditation Ln; Memphis, TN Property Details

702 Meditation Ln, Memphis, TN is a Planned Unit Development that was built in 2023. This property is not for sale. Our records show that 702 Meditation Ln has 3 bedrooms, and 3.5 bathrooms, and a total of 3,644 square feet. The lot size of 702 Meditation Ln is 2,085 square feet.

Off market
702 Meditation Ln Memphis, TN 38103
$679,900 Listing Price
3 Beds
3.5 Baths
3,644 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2023
  • Open Loans / Balance: 1 / $2,457,744
  • Est. Equity / %: $-1,719,744 / -233.03%
  • APN: 01-2051-0-0028
  • Situs County: Shelby

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Stories: 3
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: B
  • Porch Type: Open

Measurements

  • Total: 3,644/SqFt
  • Lot: 2,085/SqFt
  • Gross: 3,884/SqFt
  • Garage: 240/SqFt
  • Living: 3,644/SqFt
  • Building: 3,884/SqFt
  • Ground: 918/SqFt

Legal Description

  • Description: SEE MAP PG 138H SS WEST CAROLINE AVENUE ES MEDITATION LANE PD
Building Insights

Land Information

  • Property Type: Planned Unit Development
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.127583 / -90.06256
  • Subdivision: Carolina Terrace
  • Property Class: Residential
  • Zoning: BR
  • County Use Code: 052

Amenities

  • Plus Four: 1015
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $1,200
  • H O A Amount: $1,200
  • H O A One Frequency: Annual
  • H O A One Name: Carolina Terrace Hoa Inc
  • H O A One Type: Planned Unit Development

Ownership Info

702 Meditation Ln has no associated ownership info
702 Meditation Ln has no associated ownership info.

Taxes

702 Meditation Ln has 10 associated Taxes items

702 Meditation 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 $217,650. The APN we've located for 702 Meditation Ln is 01-2051-0-0028.

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Taxes
  • Assessed Value:  $217,650
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-2051-0-0028
  • Assessed Land Value:  30000
  • Market Land Value:  120000
  • Tax Amount:  5854.79
  • Tax Year:  2025
  • Market Value:  870600
  • Market Year:  2025

Tax History

702 Meditation Ln has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $217,650 Land Value $30,000 Improvement Value $187,650 Tax Amount $5,854.79 Change Rate +0.081137% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,415.4 Change Rate +6.628828% Assessed CR Tax Rate
Year 2023 Assessed Value $26,275 Land Value $9,550 Improvement Value $16,725 Tax Amount $709.86 Change Rate +0.220215% Assessed CR Tax Rate +0.027017%
Year 2022 Assessed Value $9,550 Land Value $9,550 Improvement Value Tax Amount $581.75 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value Land Value Improvement Value Tax Amount $588.57 Change Rate Assessed CR Tax Rate