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7885 Tournament Dr; Memphis, TN Property Details

7885 Tournament Dr, Memphis, TN is a Apt House 5+ Units that was built in 2019. This property is currently Financed and is not for sale. Our records show that 7885 Tournament Dr has 7 bedrooms, and 6 bathrooms, and a total of 67,052 square feet. The lot size of 7885 Tournament Dr is 942,841 square feet.

Off market
7885 Tournament Dr Memphis, TN 38119
$14,003,160 Estimated Value
7 Beds
6 Baths
67,052 SqFt
Property Type
Apt House 5+ Units
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2019
  • Purchase Price: $42,912,000
  • Open Loans / Balance: 1 / $31,317,033
  • APN: 08-1080-0-0083
  • Situs County: Shelby
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 7
  • Bathrooms: 6
  • Full Bathrooms: 6

Structure

  • Building Style: Wood
  • Stories: 3
  • Exterior Wall Type: Masonry
  • Building Condition: Very Good
  • Building Quality: B
  • Pool Type: Yes

Measurements

  • Total: 67,052/SqFt
  • Lot: 942,841/SqFt
  • Gross: 69,904/SqFt
  • Garage: 1,562/SqFt
  • Living: 67,052/SqFt
  • Building: 67,052/SqFt
  • Ground: 26,850/SqFt
  • Garage Unfinished: 1,562/SqFt
  • Price Per Square Foot: $639.98

Legal Description

  • Description: SS TOURNMENT DRIVE CORNER CENTENNTIAL (SE) TOURNAMENT CENTER PD PHASE 8 SEE MAP 199C,D
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.055195 / -89.80076
  • Subdivision: Tournament Ctr Pd Phase 8
  • Property Class: Residential
  • Zoning: R-15
  • County Use Code: 002

Amenities

  • Pool: true
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes

Ownership Info

7885 Tournament Dr has no associated ownership info
7885 Tournament Dr has no associated ownership info.

Taxes

7885 Tournament Dr has 10 associated Taxes items

7885 Tournament 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 $14,003,160. The APN we've located for 7885 Tournament Dr is 08-1080-0-0083.

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Taxes
  • Assessed Value:  $14,003,160
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-1080-0-0083
  • Assessed Land Value:  514360
  • Market Land Value:  1285900
  • Tax Amount:  376685
  • Tax Year:  2025
  • Market Value:  35007900
  • Market Year:  2025

Tax History

7885 Tournament Dr has 11 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,003,160 Land Value $514,360 Improvement Value $13,488,800 Tax Amount $376,685 Change Rate -0.096584% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $416,956.44 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $12,299,600 Land Value $354,360 Improvement Value $11,945,240 Tax Amount $416,956.44 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $12,299,600 Land Value $354,360 Improvement Value $11,945,240 Tax Amount $749,247.38 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $12,299,600 Land Value $354,360 Improvement Value $11,945,240 Tax Amount $758,030.38 Change Rate -0.019596% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $10,670,480 Land Value $354,360 Improvement Value $10,316,120 Tax Amount $773,181.5 Change Rate +20.502333% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $359,920 Land Value $359,920 Improvement Value Tax Amount $35,958.03 Change Rate +207.34364% Assessed CR Tax Rate +0.099906%
Year 2018 Assessed Value $359,920 Land Value $359,920 Improvement Value Tax Amount $172.59 Change Rate -0.022983% Assessed CR Tax Rate +0.00048%
Year 2017 Assessed Value $359,920 Land Value $359,920 Improvement Value Tax Amount $176.65 Change Rate -0.037906% Assessed CR Tax Rate +0.000491%
Year 2016 Assessed Value $402,000 Land Value Improvement Value Tax Amount $183.61 Change Rate -0.221926% Assessed CR Tax Rate +0.000457%
Year 2014 Assessed Value $402,000 Land Value Improvement Value Tax Amount $235.98 Change Rate Assessed CR Tax Rate +0.000587%
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