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987 Rutgers Rd; Memphis, TN Property Details

987 Rutgers Rd, Memphis, TN is a Single Family that was built in 1942. This property is currently a cash purchase and is not for sale. Our records show that 987 Rutgers Rd has 2 bedrooms, and 1 bathroom, and a total of 1,650 square feet. The lot size of 987 Rutgers Rd is 21,267 square feet.

Off market
987 Rutgers Rd Memphis, TN 38106
$63,000 Listing Price
2 Beds
1 Baths
1,650 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1942
  • Purchase Price: $63,000
  • Est. Equity / %: $90,000 / 100%
  • Gross Yield: 9.12%
  • APN: 06-0027-0-0007
  • Situs County: Shelby
  • Length Of Ownership: 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 1,650/SqFt
  • Lot: 21,267/SqFt
  • Gross: 1,650/SqFt
  • Living: 1,650/SqFt
  • Building: 1,650/SqFt
  • Ground: 1,150/SqFt
  • Price Per Square Foot: $38.18
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: 35.07914 / -90.02986
  • Subdivision: Prospect Park
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7923
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Fireplaces: 1
  • Heating: Central

Ownership Info

987 Rutgers Rd has no associated ownership info
987 Rutgers Rd has no associated ownership info.

Taxes

987 Rutgers Rd has 10 associated Taxes items

987 Rutgers Rd, 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 $22,200. The APN we've located for 987 Rutgers Rd is 06-0027-0-0007.

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Taxes
  • Assessed Value:  $22,200
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  06-0027-0-0007
  • Assessed Land Value:  2000
  • Market Land Value:  8000
  • Tax Amount:  597.18
  • Tax Year:  2025
  • Market Value:  88800
  • Market Year:  2025

Tax History

987 Rutgers Rd has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,200 Land Value $2,000 Improvement Value $20,200 Tax Amount $597.18 Change Rate +0.545257% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $11,400 Land Value $1,700 Improvement Value $9,700 Tax Amount $386.46 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $11,400 Land Value $1,700 Improvement Value $9,700 Tax Amount $386.46 Change Rate -0.443494% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $11,400 Land Value $1,700 Improvement Value $9,700 Tax Amount $694.44 Change Rate +1.245344% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $11,400 Land Value $1,700 Improvement Value $9,700 Tax Amount $309.28 Change Rate -0.610209% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $10,950 Land Value $1,700 Improvement Value $9,250 Tax Amount $793.45 Change Rate +1.267194% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $10,950 Land Value $1,700 Improvement Value $9,250 Tax Amount $349.97 Change Rate Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $10,950 Land Value $1,700 Improvement Value $9,250 Tax Amount $349.97 Change Rate -0.023058% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $10,950 Land Value $1,700 Improvement Value $9,250 Tax Amount $358.23 Change Rate -0.00836% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,625 Land Value Improvement Value Tax Amount $361.25 Change Rate -0.221964% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,625 Land Value Improvement Value Tax Amount $464.31 Change Rate Assessed CR Tax Rate +0.0437%