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797 Gracewood St; Memphis, TN Property Details

797 Gracewood St, Memphis, TN is a Single Family that was built in 1947. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 797 Gracewood St has 3 bedrooms, and 1 bathroom, and a total of 1,200 square feet. The lot size of 797 Gracewood St is 10,730 square feet.

Off market  •   Bankruptcy ✓
797 Gracewood St Memphis, TN 38112
$13,075 Estimated Value
3 Beds
1 Baths
1,200 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $33,600
  • Open Loans / Balance: 1 / $29,166
  • Est. Equity / %: $30,834 / 51.39%
  • Gross Yield: 13.24%
  • APN: 05-2085-0-0031
  • Situs County: Shelby
  • Length Of Ownership: 23 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Other
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,200/SqFt
  • Lot: 10,730/SqFt
  • Gross: 1,200/SqFt
  • Living: 1,200/SqFt
  • Building: 1,200/SqFt
  • Ground: 1,200/SqFt
  • Price Per Square Foot: $28.00
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: 35.154114 / -89.95976
  • Subdivision: Sunnyside
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2007
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Name: Sunnyside Association
  • H O A One Type: Home Owner Association

Ownership Info

797 Gracewood St has no associated ownership info
797 Gracewood St has no associated ownership info.

Taxes

797 Gracewood St has 10 associated Taxes items

797 Gracewood St, 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 $13,075. The APN we've located for 797 Gracewood St is 05-2085-0-0031.

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Taxes
  • Assessed Value:  $13,075
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-2085-0-0031
  • Assessed Land Value:  2250
  • Market Land Value:  9000
  • Tax Amount:  351.72
  • Tax Year:  2025
  • Market Value:  52300
  • Market Year:  2025

Tax History

797 Gracewood St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $13,075 Land Value $2,250 Improvement Value $10,825 Tax Amount $351.72 Change Rate +0.338713% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $7,750 Land Value $1,125 Improvement Value $6,625 Tax Amount $262.73 Change Rate Assessed CR Tax Rate +0.033901%
Year 2023 Assessed Value $7,750 Land Value $1,125 Improvement Value $6,625 Tax Amount $262.73 Change Rate -0.443487% Assessed CR Tax Rate +0.033901%
Year 2022 Assessed Value $7,750 Land Value $1,125 Improvement Value $6,625 Tax Amount $472.1 Change Rate -0.011599% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $7,750 Land Value $1,125 Improvement Value $6,625 Tax Amount $477.64 Change Rate +0.029951% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $6,400 Land Value $1,125 Improvement Value $5,275 Tax Amount $463.75 Change Rate +1.267172% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $6,400 Land Value $1,125 Improvement Value $5,275 Tax Amount $204.55 Change Rate +0.000049% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $6,400 Land Value $1,125 Improvement Value $5,275 Tax Amount $204.54 Change Rate -0.023116% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $6,400 Land Value $1,125 Improvement Value $5,275 Tax Amount $209.38 Change Rate -0.063428% Assessed CR Tax Rate +0.032716%
Year 2016 Assessed Value $6,575 Land Value Improvement Value Tax Amount $223.56 Change Rate -0.22194% Assessed CR Tax Rate +0.034002%
Year 2014 Assessed Value $6,575 Land Value Improvement Value Tax Amount $287.33 Change Rate +0.108954% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $259.1 Change Rate Assessed CR Tax Rate