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5251 US 61 Hwy

Memphis, TN 38109

Built 1946 Lot 25,700 sqft multi_family
Most recent sale
$70,000
Apr 16, 2020

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2023 Price changed $1,750,000 Memphis
Mar 26, 2023 Listed $1,500,000 Memphis
Sep 11, 2022 Listed $1,000,000 MLS #10133241
Aug 24, 2022 Price changed $999,000 MLS #10119677
Jul 12, 2022 Price changed $641,000 MLS #10119677
Jun 18, 2022 Price changed $644,000 MLS #10119677
Jun 10, 2022 Price changed $649,000 MLS #10119677
Mar 17, 2022 Listed $349,999 MLS #10119677
Oct 18, 2021 Listed $350,000 MLS #10110844
Jul 16, 2021 Listed $350,000 MLS #10104201
Apr 24, 2021 Listed $350,000 MLS #10097896
Apr 16, 2020 Sold $70,000 Public Record
Apr 9, 2020 Sold $70,000 MLS #10060441

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $59,640 $13,920 $73,560 $3,877
2024 $59,640 $13,920 $73,560 $3,316
2023 $38,080 $12,280 $50,360 $3,067
2022 $38,080 $12,280 $50,360 $3,067
2021 $38,080 $12,280 $50,360 $3,103
2020 $34,680 $12,280 $46,960 $3,402
2019 $34,680 $12,280 $46,960 $3,402
2018 $34,680 $12,280 $46,960 $3,402
2017 $34,680 $12,280 $46,960 $1,930
2016 $42,400 $2,360 $44,760 $1,956
2015 $42,400 $2,360 $44,760 $1,956

Property facts

Year built
1946
Property type
multi_family
Stories
2
Beds
Baths
Living area
Lot size
25,700 sqft
ZIP code
38109
City
Memphis
Street
US 61 Hwy
Coordinates
35.00562, -90.10663

Frequently asked questions

When did 5251 US 61 Hwy last sell?
5251 US 61 Hwy most recently sold on Apr 16, 2020 for $70,000.
What is the current tax assessment for 5251 US 61 Hwy?
The most recent total assessment for 5251 US 61 Hwy (year 2025) is $73,560 with $3,877 in property tax.
How does 5251 US 61 Hwy's assessment compare to its last sale price?
The current assessment is 5.1% above the last sale price of $70,000.
When was 5251 US 61 Hwy built?
5251 US 61 Hwy was built in 1946.
How does 5251 US 61 Hwy compare to others on US 61 Hwy?
We track 4 other properties on US 61 Hwy. Browse the list under "Other properties on US 61 Hwy" to compare beds, baths, and sale history.
What are the property facts for 5251 US 61 Hwy?
5251 US 61 Hwy is a 25,700 sqft lot multi_family.
Is 5251 US 61 Hwy a flip candidate?
No — 5251 US 61 Hwy does not appear in our flips dataset.
Is 5251 US 61 Hwy a tax-appeal candidate?
No — 5251 US 61 Hwy is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.4%
Implied 1-yr
-21.4%
2026 Q3
$79.1K
2026 Q4
$72.6K
ZIP 38109 — Median Price History + Forecast

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