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1040 E Shankman Cir; Memphis, TN Property Details

1040 E Shankman Cir, Memphis, TN is a Single Family that was built in 1947. This property is not for sale. Our records show that 1040 E Shankman Cir has 3 bedrooms, and 1 bathroom, and a total of 1,123 square feet. The lot size of 1040 E Shankman Cir is 7,200 square feet.

Off market  •   Pre Probate ✓
1040 E Shankman Cir Memphis, TN 38108
$22,725 Estimated Value
3 Beds
1 Baths
1,123 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Est. Equity / %: $118,000 / 100%
  • Gross Yield: 8.308%
  • APN: 04-2041-0-0015
  • Situs County: Shelby

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,123/SqFt
  • Lot: 7,200/SqFt
  • Gross: 1,123/SqFt
  • Living: 1,123/SqFt
  • Building: 1,123/SqFt
  • Ground: 1,123/SqFt

Legal Description

  • Description: ES SHANKMAN CL EAST
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.164387 / -89.98095
  • Subdivision: Joe Shankmans Palmer Hills 2nd Addn
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3033
  • Bathroom Fixtures: 3
  • Heating: Forced air unit

HOA

  • H O A One Name: Second Addition To Joe Shankmans Palmer Hills Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

1040 E Shankman Cir has no associated ownership info
1040 E Shankman Cir has no associated ownership info.

Taxes

1040 E Shankman Cir has 10 associated Taxes items

1040 E Shankman Cir, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $22,725. The APN we've located for 1040 E Shankman Cir is 04-2041-0-0015.

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Taxes
  • Assessed Value:  $22,725
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-2041-0-0015
  • Assessed Land Value:  2700
  • Market Land Value:  10800
  • Tax Amount:  611.3
  • Tax Year:  2025
  • Market Value:  90900
  • Market Year:  2025

Tax History

1040 E Shankman Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,725 Land Value $2,700 Improvement Value $20,025 Tax Amount $611.3 Change Rate +0.132331% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $15,925 Land Value $1,375 Improvement Value $14,550 Tax Amount $539.86 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $15,925 Land Value $1,375 Improvement Value $14,550 Tax Amount $539.86 Change Rate -0.443495% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $15,925 Land Value $1,375 Improvement Value $14,550 Tax Amount $970.09 Change Rate +0.047647% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $15,925 Land Value $1,375 Improvement Value $14,550 Tax Amount $925.97 Change Rate +0.1591% Assessed CR Tax Rate +0.058146%
Year 2020 Assessed Value $11,025 Land Value $1,375 Improvement Value $9,650 Tax Amount $798.87 Change Rate +1.267134% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $11,025 Land Value $1,375 Improvement Value $9,650 Tax Amount $352.37 Change Rate +0.000057% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $11,025 Land Value $1,375 Improvement Value $9,650 Tax Amount $352.35 Change Rate -0.023095% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $11,025 Land Value $1,375 Improvement Value $9,650 Tax Amount $360.68 Change Rate -0.026767% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,900 Land Value Improvement Value Tax Amount $370.6 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,900 Land Value Improvement Value Tax Amount $476.33 Change Rate +0.07267% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $444.06 Change Rate Assessed CR Tax Rate