242 Lorece Ln, Memphis, TN 38117 Property Records

Shelby County property record for 242 Lorece Ln, Memphis, TN 38117 · Last verified June 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms2 Baths
Year BuiltBuilt 1990
Square Footage1,604 sqft Living Area
Lot Size11,250 sqft (0.258 acres)
OccupancyOwner Occupied
Last Sale$330,000 (2021)
Tax Bill$2,260.00 (2025)

Property Details

APN / Parcel Number

Primary APN05-5063-0-0019

Interior

Bedrooms3 Beds
Full Baths2 Baths
Plumbing Fixtures6 Plumbing Fixtures
Total Rooms7 Rooms
Building Area1,604 sqft Living Area
1st Floor1,604 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 1958
Effective Year BuiltEffective 1990
Architectural StyleTraditional Style
Exterior MaterialBrick Veneer Exterior
Foundation TypeNo Foundation Foundation
Roof ConstructionGable Roof Construction
Roof MaterialComposition Shingle Roof
Lot Area11,250 sqft (0.258 acres)
Depth X Width125 ft x 90 ft Depth x Width
Parking Spaces1 Parking Spaces
Garage TypeCarport Garage
Garage Area220 sqft Garage
CarportCarport
Carport Area220 sqft Carport
Patio Area21 sqft Patio
PorchOpen Porch
Porch Area210 sqft Porch

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemCentral Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address242 LORECE LN
CityMEMPHIS
StateTN
Zip38117-2610
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal SubdivisionLORECE AVE 2ND ADD
Legal Lot Number18
JurisdictionSHELBY TN
Minor Civil Division13
Census Blockgroup2
Census Block2000
Census Tract8600

Owner

Source: Shelby County records · APN 05-5063-0-0019

Assessment roll updated June 2, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address242 LORECE LN, MEMPHIS, TN 38117-2610
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Oct 19, 2021Warranty Deed, Transfer · Conventional Mortgage
EVOLVE BANK & TRUST
Sep 18, 2018Warranty Deed, Transfer · Conventional Mortgage with Private Mortgage Insurance (PMI)
WELLS FARGO BK
May 08, 2018Warranty Deed, Transfer
REALTY TITLE INC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 19, 2021 · Amount on Record
Deed SaleOct 19, 2021 · Amount on Record
Prior SaleSep 18, 2018 · Amount on Record
Deed Doc Number2021131677
Record RefreshedSep 20, 2026

October 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateOct 19, 2021
Property Address242 LORECE LN, MEMPHIS, TN 38117-2610
Document Number0021131677
Map ReferenceNB 21 PG 51
Instrument DateJul 28, 2021
Instrument21131677
Transaction TypeTransfer
Record UpdatedOct 26, 2021

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$1,221.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address242 LORECE LN, MEMPHIS, TN 38117-2610

Mortgage

Document Number0021131678
DateOct 19, 2021
Instrument21131678
Lender
NameEVOLVE BANK & TRUST
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term358 Months
DueAug 01, 2051

September 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateSep 18, 2018
Property Address242 LORECE LN, MEMPHIS, TN 38117-2610
Document Number0000095549
Instrument DateSep 07, 2018
Instrument95549
Transaction TypeTransfer
Record UpdatedOct 01, 2018
Title CompanyMEMPHIS TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$1,013.80
Amount AccuracyConfirmed
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband And Wife
Address242 LORECE LN MEMPHIS TN 381172610, MEMPHIS, TN 38117-2610

Mortgage

Document Number95550
DateSep 18, 2018
Instrument95550
Lender
NameWELLS FARGO BK
TypeBank
AddressSIOUX FALLS, SD 57104
Agreement
TypeConventional Mortgage with Private Mortgage Insurance (PMI)
AmountAmount Recorded
Term360 Months
DueSep 17, 2048

May 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateMay 08, 2018
Property Address242 LORECE LN, MEMPHIS, TN 38117-2610
Document Number0000045008
Instrument DateApr 30, 2018
Instrument45008
Transaction TypeTransfer
Record UpdatedJun 14, 2018
Title CompanyREALTY TITLE INC

Transaction

AmountAmount Recorded
Tax$777.00
Amount AccuracyConfirmed
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband And Wife
Address6420 RIVER TIDE CV MEMPHIS TN 381202632, MEMPHIS, TN 38120-2632

Tax Assessment & Valuation

Source: Shelby County records · Assessment roll updated June 2, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2025$2,260.00 (-49.19%)$84,050 (+15.1%) Land $27,175 Building $56,875$336,200 (+15.1%) Land $108,700 Building $227,500
2023$73,025 Land $27,175 Building $45,850
2022$4,448.00
2021$292,100 Land $108,700 Building $183,400

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Shelby County (47157C), updated June 4, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

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