2503 Reese Grv Ct Memphis, TN 38133-8516
Property profile & analytics
2503 Reese Grv Ct, Memphis, TN 38133-8516
- Apartment buildings
- 22,656 SF
- 6.93 lot acres
Property ID
US80-0805859
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.
Location Intelligence
Current Use by Public Records
- Reese Road Apartments / Apartment Building / Apartment Complex
Property Details for 2503 Reese Grv Ct
- Year built
- 2001
- Construction
- FRAME
- Lot size
- 6.93 lot acres
- Zone code
- RU-3
- Property type
- Apartment buildings
- APN
- 095-300- - -00273
- APU
- 9530000273
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 22, 2014 | — | Countryside Village Apartments | — | Grant Deed · related | $2.7M · Walker & Dunlop |
| Aug 4, 2014 | $3,270,000 | Countryside Village Apartments | Cleburne Terrace Tx Ptrs LLC | Grant Deed | — |
| Aug 4, 2014 | $2,458,713 | Cleburne Terrace Tx Ptrs LLC | Reese Road Apartments LLC | Grant Deed | — |
| Nov 10, 2011 | — | Reese Road Apartments LLC | Reese Road Partners | Quit Claim Deed · related | $2.6M · Us Bank NA |
| Nov 10, 2011 | $326,500 | Reese Road Apartments LLC | Valley Sage Properties LLC | Quit Claim Deed · related | — |
| Aug 7, 2007 | $317,000 | Warehouse Lc Greenwood | Reese Road Partners | Warranty Deed | — |
| Jul 9, 2007 | $372,000 | Gordon R Kimball | Reese Road Partners | Warranty Deed | — |
| Jul 9, 2007 | $200,000 | Equipment Systems In Strategic | Reese Road Partners | Warranty Deed | — |
| Jul 9, 2007 | $500,000 | Desert Mountain Associates LLC | Reese Road Partners | Warranty Deed | — |
| Jul 9, 2007 | $1,412,000 | Jtlp Investments LLC | Reese Road Partners | Warranty Deed | — |
| Jul 9, 2007 | $300,000 | Weeks Land Co LLC | Reese Road Partners | Warranty Deed | — |
| Mar 23, 2007 | $300,000 | Gordon R Kimball | Reese Road Partners | Warranty Deed | — |
| Mar 23, 2007 | $530,000 | Joyce Kimball | Reese Road Partners | Warranty Deed | — |
| Nov 14, 2000 | $250,000 | Reese Road Partners | W R H Properties INC | Grant Deed | $2M · Trust One Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,820,000
- 6.5%
- $2,605,000
- 7%
- $2,415,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,912,000
Market price range: $643k - $1.91M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,015,000 Current use
- MEDICAL BUILDING
- $3,240,000 Change: +61% Conversion: Moderate
- OFFICE BUILDING
- $2,700,000 Change: +34% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,195,000 Change: +9% Conversion: Difficult
- RETAIL STORES
- $1,880,000 Change: -7% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,665,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8286
- Latitude
- 35.1941
- 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
$78,804
$175,160
$1,118,480
$1,293,640
-
$437,900
$2,796,200
$3,234,100
