107 Founders Ln, Memphis, TN 38103 Property Records

Shelby County property record for 107 Founders Ln, Memphis, TN 38103

Property Summary

Property Type	Planned Unit Development
Details	4 bd · 3.5 ba · 3,799 sqft · built 2007
Lot Size	0.168 acres (7,335 sqft)
Owner	2 Individual Names on File
Last Sale	$650,000 (Jul 2021)
Tax Bill	$6,008 (2025)
Deeds & Mortgages	Jul 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`00-2086-A0-0015`

Property Details

APN / Parcel Number

Primary APN	`00-2086-A0-0015`

Interior

Bedrooms	4 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	14 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	3,799 sqft Living Area
Gross Area	4,393 sqft
1st Floor Area	1,640 sqft
Utility Area	39 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2007
Architectural Style	Traditional
Exterior Material	Brick Veneer
Lot Area	7,335 sqft (0.168 acres)
Lot Dimensions	125 ft deep x 67 ft wide
Garage Type	Attached
Garage Area	594 sqft
Parking Spaces	2 Parking Spaces
Porch	Open Porch
Porch Area	694 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	107 FOUNDERS LN
City	MEMPHIS
State	TN
Zip	38103-4763
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Planned Unit Development
Local Zoning Code	R-R
Legal Description	WS FOUNDERS LN (PD)
Legal Subdivision	FOUNDERS POINTE P D PHASE 1 PARCEL 1
Legal Lot Number	11
Jurisdiction	SHELBY TN
Township / Civil Division	8
Census Block Group	2
Census Block	2000
Census Tract	4300

Owner

107 Founders Ln, a planned unit development, is owned and occupied by two individuals who bought it in July 2021.

Source: Shelby County records, as of June 2, 2026

Owner of Record	2 Individual Names on File
Mailing Address	107 FOUNDERS LN, MEMPHIS, TN 38103-4763
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 6, 2021 · Amount on File
Deed Sale	Jul 6, 2021 · Amount on File
Prior Sale	Apr 26, 2012 · Amount on File
Deed Document Number	202180768
Prior Transfer Date	Aug 16, 2005
Prior Transfer Doc	0000133364
Record Updated	Oct 29, 2026

July 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	Jul 6, 2021
Property Address	107 FOUNDERS LN, MEMPHIS, TN 38103-4763
Document Number	0021080768
Map Reference	MB 277 PG 37
Instrument Date	Jun 1, 2021
Instrument	21080768
Transaction Type	Transfer
Record Updated	Jul 13, 2021
Title Company	ALTA TITLE AND ESCROW, REALTY TITLE & ESCROW

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,405.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	107 FOUNDERS LN, MEMPHIS, TN 38103-4763

Mortgage

Document Number	0021080769
Date	Jul 6, 2021
Instrument	21080769

Lender

Name	BARTLETT MORTGAGE INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	240 Months
Due	Jul 1, 2041

Tax Assessment & Valuation

The 2025 property tax bill for 107 Founders Ln was $6,008.

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

Type	Name
State	Tennessee
County	Shelby County
Municipality	Memphis City
Unified School District	Shelby County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,008.00	$223,375 Land $51,125 Building $172,250	$893,500 Land $204,500 Building $689,000
2023		$172,250 Land $43,175 Building $129,075
2022	$10,492.00
2021			$689,000 Land $172,700 Building $516,300

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 107 Founders Ln in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 4, 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 107 Founders Ln is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 94% of the US · lower than 95% of Tennessee
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MEMPHIS LIGHT, GAS, & WATER serves 659,500 people · EPA ID TN0000450
Water Source	Groundwater
Last State Inspection	Apr 2024
Lead	5 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 190 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: Gigafy.

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