Taxes
- Assessed Value: $3,200,000
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 09-6500-0-0737
- Assessed Land Value: 422760
- Market Land Value: 1056900
- Tax Amount: 86080
- Tax Year: 2025
- Market Value: 8000000
- Market Year: 2025
7955 Ikea Way; Memphis, TN Property Details
Off market
7955 Ikea Way Memphis, TN 38016
$3,200,000 Estimated Value
39,241 SqFt
Property Type
HotelProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2015
- Open Loans / Balance: 1 / $11,223,183
- APN: 09-6500-0-0737
- Situs County: Shelby
Structure
- Building Style: Frame
- Stories: 5
- Exterior Wall Type: Concrete
- Building Condition: Very Good
- Building Quality: A
- Pool Type: Indoor Swimming Pool
Measurements
- Total: 39,241/SqFt
- Lot: 119,790/SqFt
- Gross: 39,241/SqFt
- Living: 39,241/SqFt
- Building: 39,241/SqFt
- Ground: 25,174/SqFt
Legal Description
- Description: WS IKEA WAY
Building Insights
Land Information
- Property Type: Hotel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Shelby County School District
- Lat / Lon: 35.18792 / -89.79824
- Subdivision: Galleria Of Memphis Pd 3rd Amend Ph 15
- Property Class: Commercial
- Zoning: CA
- County Use Code: 020
Amenities
- Pool: true
- Plus Four: 1413
- Cooling: Central
- Heating: Yes
Ownership Info
7955 Ikea Way has no associated ownership info
7955 Ikea Way has no associated ownership info.
Taxes
7955 Ikea Way has 10 associated Taxes items
7955 Ikea Way, 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 $3,200,000. The APN we've located for 7955 Ikea Way is 09-6500-0-0737.
Unlock the full reportTax History
7955 Ikea Way has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $3,200,000 | Land Value $422,760 | Improvement Value $2,777,240 | Tax Amount $86,080 | Change Rate -0.20649% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $3,200,000 | Land Value $422,760 | Improvement Value $2,777,240 | Tax Amount $108,480 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $3,200,000 | Land Value $422,760 | Improvement Value $2,777,240 | Tax Amount $108,480 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $3,200,000 | Land Value $422,760 | Improvement Value $2,777,240 | Tax Amount $194,932.48 | Change Rate -0.495276% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $6,266,640 | Land Value $422,760 | Improvement Value $5,843,880 | Tax Amount $386,216.09 | Change Rate +0.266615% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $4,208,120 | Land Value $422,760 | Improvement Value $3,785,360 | Tax Amount $304,919.78 | Change Rate +1.267214% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $4,208,120 | Land Value $422,760 | Improvement Value $3,785,360 | Tax Amount $134,490.94 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $4,208,120 | Land Value $422,760 | Improvement Value $3,785,360 | Tax Amount $134,490.92 | Change Rate -0.023077% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $4,208,120 | Land Value $422,760 | Improvement Value $3,785,360 | Tax Amount $137,667.84 | Change Rate +0.012264% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $4,000,000 | Land Value | Improvement Value | Tax Amount $136,000 | Change Rate +7.189811% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $380,000 | Land Value | Improvement Value | Tax Amount $16,606 | Change Rate +0.370379% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $12,117.82 | Change Rate | Assessed CR | Tax Rate |