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    2281 Ketchum Rd Memphis, TN 38114-6045
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    Property profile & analytics

    2281 Ketchum Rd, Memphis, TN 38114-6045

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    • Apartment buildings
    • 53,328 SF
    • 4.51 lot acres
    Off-Market
    Last Sale Jan 22, 2024
    $2,700,000
    Property ID
    US80-0115840
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2281 Ketchum Rd

    Year built
    1966
    Lot size
    4.51 lot acres
    Zone code
    RU-3
    Property type
    Apartment buildings
    APN
    060-112- - -00026-C
    APU
    06011200026C

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 22, 2024 — Health Educational & Hsng Facility Mazal In Grainge Hill LLC Quit Claim Deed · related $6.8M · Lima One Capital LLC
    Jan 7, 2022 $2,700,000 Mazal In Grainge Hill LLC Tye Hon Tan Tavis Special Warranty Deed —
    Feb 13, 2019 $825,000 Tavis T H Tan Redwoods Investments LLC Warranty Deed —
    Jun 8, 2017 $1,200,000 Redwoods Investments LLC Grainge Hill Apartments LLC Warranty Deed $600k · Rcn Cap
    Dec 3, 2015 $225,000 Grainge Hill Apartments LLC Gibson,jim & Diana Warranty Deed —
    Oct 20, 2015 $15,000 Jim Gibson Philip John B|woodbridge Crossing LLC Trustees Deed —
    Apr 23, 2014 $750,000 P & A Worldwige LLC Woodbridge Crossing LLC Warranty Deed —
    Sep 14, 2012 $475,000 Woodbridge Crossing LLC Los Feliz Memphis LLC Warranty Deed $775k · James & Diane Gibson
    Feb 16, 2012 $100,000 Loz Feliz Memphis LLC Land Holding Grant Deed —
    Jun 29, 2010 $500,000 Holding Land Alrutz Douglas M Trustees Deed —
    Oct 26, 2006 $840,000 John P Martin Woodbridge Properties LLC Grant Deed $743k · Brms LLC
    Jul 14, 2005 $300,000 Woodbridge Properties LLC Nab LLC-woodbridge Apartments Warranty Deed · related —
    — — Grainge Hill Apartments LLC — Deed Of Trust · related $575k · Rcn Cap
    — — John P Martin — Deed Of Trust · related $1.5M · Bmc Capital LP
    — — Woodbridge Crossing LLC — Loan Modification · related $750k · James & Diana Gibson
    — — P & A Worldwige LLC — Loan Modification · related $750k · James & Diana Gibson

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,700,000
      ML approach
      $2,700,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,278,000
      Market price range: $1.06M - $5.30M
      AI Estimate
      $1,850,000
      Market price range: $1.06M - $4.01M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,380,000
      Current use
      RETAIL STORES
      $4,425,000
      Change: +31% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,915,000
      Change: +16% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $3,220,000
      Change: -5% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9873
    Latitude
    35.0785
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $22,159
    $118,000
    $245,760
    $363,760
    -
    $295,000
    $614,400
    $909,400
    More about this property
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