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1040 W Perkins Rd; Memphis, TN Property Details

1040 W Perkins Rd, Memphis, TN is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 1040 W Perkins Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,875 square feet. The lot size of 1040 W Perkins Rd is 11,040 square feet.

Off market
1040 W Perkins Rd Memphis, TN 38117
$69,300 Estimated Value
3 Beds
2 Baths
1,875 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $145,500
  • Open Loans / Balance: 2 / $114,393
  • Est. Equity / %: $163,607 / 58.85%
  • Gross Yield: 11.029%
  • APN: 06-5017-0-0029
  • Situs County: Shelby
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,875/SqFt
  • Lot: 11,040/SqFt
  • Gross: 1,875/SqFt
  • Garage: 288/SqFt
  • Living: 1,875/SqFt
  • Building: 1,875/SqFt
  • Ground: 1,875/SqFt
  • Price Per Square Foot: $77.60
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: 35.10323 / -89.907364
  • Subdivision: Colonial Acres 2nd Addn B
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5523
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central
  • Parking: 1

HOA

  • H O A Two: $800
  • H O A Amount: $800
  • H O A One Name: Second Addition, Section B, Colonial Acres Subdivision
  • H O A One Type: Home Owner Association
  • H O A Two Name: Colonial Acres Association
  • H O A Two Type: Home Owner Association

Ownership Info

1040 W Perkins Rd has no associated ownership info
1040 W Perkins Rd has no associated ownership info.

Taxes

1040 W Perkins Rd has 10 associated Taxes items

1040 W Perkins Rd, 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 $69,300. The APN we've located for 1040 W Perkins Rd is 06-5017-0-0029.

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Taxes
  • Assessed Value:  $69,300
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  06-5017-0-0029
  • Assessed Land Value:  11250
  • Market Land Value:  45000
  • Tax Amount:  1864.17
  • Tax Year:  2025
  • Market Value:  277200
  • Market Year:  2025

Tax History

1040 W Perkins Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,300 Land Value $11,250 Improvement Value $58,050 Tax Amount $1,864.17 Change Rate -0.055557% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $58,225 Land Value $9,050 Improvement Value $49,175 Tax Amount $1,973.83 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $58,225 Land Value $9,050 Improvement Value $49,175 Tax Amount $1,973.83 Change Rate -0.443501% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $58,225 Land Value $9,050 Improvement Value $49,175 Tax Amount $3,546.87 Change Rate -0.011584% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $58,225 Land Value $9,050 Improvement Value $49,175 Tax Amount $3,588.44 Change Rate +0.238076% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $40,000 Land Value $9,050 Improvement Value $30,950 Tax Amount $2,898.4 Change Rate +1.267209% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $40,000 Land Value $9,050 Improvement Value $30,950 Tax Amount $1,278.4 Change Rate +0.000008% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $40,000 Land Value $9,050 Improvement Value $30,950 Tax Amount $1,278.39 Change Rate -0.023086% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $40,000 Land Value $9,050 Improvement Value $30,950 Tax Amount $1,308.6 Change Rate +0.027723% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $37,450 Land Value Improvement Value Tax Amount $1,273.3 Change Rate -0.22197% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $37,450 Land Value Improvement Value Tax Amount $1,636.57 Change Rate +0.397428% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,171.13 Change Rate Assessed CR Tax Rate