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87 W Lafayette Cir; Memphis, TN Property Details

87 W Lafayette Cir, Memphis, TN is a Single Family that was built in 1941. This property is currently Financed and is not for sale. Our records show that 87 W Lafayette Cir has 2 bedrooms, and 2 bathrooms, and a total of 1,681 square feet. The lot size of 87 W Lafayette Cir is 6,750 square feet.

Off market
87 W Lafayette Cir Memphis, TN 38111
$335,000 Listing Price
2 Beds
2 Baths
1,681 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1941
  • Purchase Price: $225,000
  • Open Loans / Balance: 1 / $159,320
  • Est. Equity / %: $203,680 / 56.11%
  • Gross Yield: 8.949%
  • APN: 04-5093-0-0008
  • Situs County: Shelby
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,681/SqFt
  • Lot: 6,750/SqFt
  • Gross: 2,731/SqFt
  • Garage: 1,050/SqFt
  • Living: 1,681/SqFt
  • Building: 2,731/SqFt
  • Ground: 1,681/SqFt
  • Price Per Square Foot: $133.85

Legal Description

  • Description: WS WEST LAFAYETTE CIRCLE
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: 35.129265 / -89.958176
  • Subdivision: Lafayette Circle
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3419
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 4

HOA

  • H O A One Name: Lafayette Circle
  • H O A One Type: Home Owner Association

Ownership Info

87 W Lafayette Cir has no associated ownership info
87 W Lafayette Cir has no associated ownership info.

Taxes

87 W Lafayette Cir has 10 associated Taxes items

87 W Lafayette Cir, 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 $73,750. The APN we've located for 87 W Lafayette Cir is 04-5093-0-0008.

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Taxes
  • Assessed Value:  $73,750
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-5093-0-0008
  • Assessed Land Value:  12150
  • Market Land Value:  48600
  • Tax Amount:  1983.88
  • Tax Year:  2025
  • Market Value:  295000
  • Market Year:  2025

Tax History

87 W Lafayette Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,750 Land Value $12,150 Improvement Value $61,600 Tax Amount $1,983.88 Change Rate -0.171962% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $70,675 Land Value $7,775 Improvement Value $62,900 Tax Amount $2,395.88 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $70,675 Land Value $7,775 Improvement Value $62,900 Tax Amount $2,395.88 Change Rate -0.443501% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $70,675 Land Value $7,775 Improvement Value $62,900 Tax Amount $4,305.27 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $70,675 Land Value $7,775 Improvement Value $62,900 Tax Amount $4,355.74 Change Rate +0.106023% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $54,350 Land Value $7,775 Improvement Value $46,575 Tax Amount $3,938.2 Change Rate +1.267216% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $54,350 Land Value $7,775 Improvement Value $46,575 Tax Amount $1,737.02 Change Rate -0.000006% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $54,350 Land Value $7,775 Improvement Value $46,575 Tax Amount $1,737.03 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $54,350 Land Value $7,775 Improvement Value $46,575 Tax Amount $1,778.06 Change Rate +0.226883% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $42,625 Land Value Improvement Value Tax Amount $1,449.25 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $42,625 Land Value Improvement Value Tax Amount $1,862.71 Change Rate +0.360795% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,368.84 Change Rate Assessed CR Tax Rate