08084232

Tennessee

Redeemable DeedpendingSells Oct 27, 2026 · in 18 days

APN: 08084232

County: Shelby

Value

Assessed Value: $1,661

Opportunity

Opening Bid: $10

Opening bid

$10

Assessed value

$1,661

Market / AVM

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Taxes owed

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Land/Location Information

APN: 08084232
County: Shelby

Tax Assessment Information

Total Assessed Value: $1,661

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Google Maps (parcel / address search) ↗

Shelby County rules

Sale type

Deal analysis

Your maximum bid

-$881

Do not bid — the numbers do not clear your margin.

Opening bid $10

Room to bid -$890

Confidence: medium — ARV derived from assessed value, not comps.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

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Median sold

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p(redeem) prior

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No historical bucket for TN|Redeemable Deed; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Assessed $1,661 ÷ 0.25 assessment ratio. T.C.A. § 67-5-801 and Tenn. Const. art. II, § 28: residential and farm property is assessed at 25% of value, industrial and commercial at 40%, public utility at 55%. This entry uses the 25% residential rate.

After-repair value: $6,644
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$532
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical TN range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical TN recording and deed issuance cost.: −$250
Holding costs (18 months)assumed Taxes, insurance, and securing the property at ~$75/month.: −$1,350
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$1,993
Maximum bid: -$881

If the owner redeems

Flat penalty

12%

You'd receive

Window

365 days

12% per year accrues while the owner can still redeem. It is interest, not a flat penalty — redeeming early costs them less.

property delinquent five years or less; deeper arrears redeem faster — 180 days over five years, 90 days at eight or more, and 30 days for property shown vacant or abandoned

Quoted elsewhere as 12% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE REDEMPTION PERIOD DEPENDS ON THE ARREARS, AND THIS ROW ENCODES THE LONGEST. One year at five years' delinquency or less, 180 days above five, 90 days at eight or more, and 30 days for property shown vacant or abandoned (§ 67-5-2701(a)(1)). A deeply delinquent parcel therefore returns capital far sooner than modelled — favourable, but it also means a shorter window in which the 12% accrues.
Tennessee assesses by class and this entry assumes residential at 25%. On an industrial or commercial parcel actually assessed at 40%, dividing by 0.25 overstates the property by about 1.6x — the dangerous direction. A mixed-use parcel is apportioned between subclasses by State Board of Equalization rules, so it will sit somewhere between. Check the class on the assessor's record before bidding on anything that is not plainly residential.
Costs exceed what the property can support at your target margin. There is no bid at which this clears.

08084232

Value

Opportunity

Land/Location Information

Tax Assessment Information

County records

Shelby County rules

08084232

Value

Opportunity

Land/Location Information

Tax Assessment Information

County records

Shelby County rules

Historical comps

Verify before you bid