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7245 Butternut Dr; Memphis, TN Property Details

7245 Butternut Dr, 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 7245 Butternut Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,209 square feet. The lot size of 7245 Butternut Dr is 18,810 square feet.

Off market
7245 Butternut Dr Memphis, TN 38133
$41,325 Estimated Value
3 Beds
2 Baths
1,209 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $85,000
  • Open Loans / Balance: 2 / $224,053
  • Est. Equity / %: $-16,053 / -7.72%
  • Gross Yield: 9.433%
  • APN: 09-5317-G0-0019
  • Situs County: Shelby
  • Length Of Ownership: 25 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: 1,209/SqFt
  • Lot: 18,810/SqFt
  • Gross: 1,209/SqFt
  • Living: 1,209/SqFt
  • Building: 1,209/SqFt
  • Ground: 1,209/SqFt
  • Price Per Square Foot: $70.31

Legal Description

  • Description: SS BUTTERNUT DR COR SPLIT RAIL DR SE SS BUTTERNUT DR COR SPLIT RAIL DR SE
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: 35.187466 / -89.82163
  • Subdivision: Hillshire Sec F
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 062

Amenities

  • Plus Four: 6120
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

7245 Butternut Dr has no associated ownership info
7245 Butternut Dr has no associated ownership info.

Taxes

7245 Butternut Dr has 10 associated Taxes items

7245 Butternut Dr, 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 $41,325. The APN we've located for 7245 Butternut Dr is 09-5317-G0-0019.

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Taxes
  • Assessed Value:  $41,325
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  09-5317-G0-0019
  • Assessed Land Value:  5500
  • Market Land Value:  22000
  • Tax Amount:  1111.64
  • Tax Year:  2025
  • Market Value:  165300
  • Market Year:  2025

Tax History

7245 Butternut Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,325 Land Value $5,500 Improvement Value $35,825 Tax Amount $1,111.64 Change Rate +0.172183% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $948.35 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $27,975 Land Value $4,250 Improvement Value $23,725 Tax Amount $948.35 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $27,975 Land Value $4,250 Improvement Value $23,725 Tax Amount $1,704.13 Change Rate -0.011594% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $27,975 Land Value $4,250 Improvement Value $23,725 Tax Amount $1,724.12 Change Rate +0.247401% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $19,075 Land Value $4,250 Improvement Value $14,825 Tax Amount $1,382.17 Change Rate +1.267228% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $19,075 Land Value $4,250 Improvement Value $14,825 Tax Amount $609.63 Change Rate -0.000016% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $19,075 Land Value $4,250 Improvement Value $14,825 Tax Amount $609.64 Change Rate -0.023075% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $19,075 Land Value $4,250 Improvement Value $14,825 Tax Amount $624.04 Change Rate +0.01404% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $18,100 Land Value Improvement Value Tax Amount $615.4 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $18,100 Land Value Improvement Value Tax Amount $790.97 Change Rate +0.09389% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $723.08 Change Rate Assessed CR Tax Rate