Large Location Icon

1051 S 3rd St; Memphis, TN Property Details

1051 S 3rd St, Memphis, TN is a Bar, Tavern that was built in 1974. This property is currently a cash purchase and is not for sale. Our records show that 1051 S 3rd St has a total of 5,000 square feet. The lot size of 1051 S 3rd St is 8,250 square feet.

Off market
1051 S 3rd St Memphis, TN 38106
$11,960 Estimated Value
5,000 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1974
  • Purchase Price: $12,000
  • APN: 01-3009-0-0007
  • Situs County: Shelby
  • Length Of Ownership: 13 years, 8 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Poor
  • Building Quality: E

Measurements

  • Total: 5,000/SqFt
  • Lot: 8,250/SqFt
  • Gross: 5,000/SqFt
  • Living: 5,000/SqFt
  • Building: 5,000/SqFt
  • Ground: 5,000/SqFt
  • Price Per Square Foot: $2.40

Legal Description

  • Description: WS THIRD COR ELM NW
Building Insights

Land Information

  • Property Type: Bar, Tavern
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.11873 / -90.0556
  • Subdivision: Barton & Lamb Rayburn Ave
  • Property Class: Commercial
  • Zoning: CMU-1
  • County Use Code: 078

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2001
  • Cooling: None
  • Heating: None

Ownership Info

1051 S 3rd St has no associated ownership info
1051 S 3rd St has no associated ownership info.

Taxes

1051 S 3rd St has 10 associated Taxes items

1051 S 3rd St, 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 $11,960. The APN we've located for 1051 S 3rd St is 01-3009-0-0007.

Unlock the full report
Taxes
  • Assessed Value:  $11,960
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-3009-0-0007
  • Assessed Land Value:  8440
  • Market Land Value:  21100
  • Tax Amount:  321.72
  • Tax Year:  2025
  • Market Value:  29900
  • Market Year:  2025

Tax History

1051 S 3rd St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,960 Land Value $8,440 Improvement Value $3,520 Tax Amount $321.72 Change Rate +0.268762% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $253.57 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $253.57 Change Rate -0.443498% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $455.65 Change Rate -0.011605% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $461 Change Rate -0.149446% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $542 Change Rate +1.267118% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $239.07 Change Rate +0.000042% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $239.06 Change Rate -0.023089% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $7,480 Land Value $7,440 Improvement Value $40 Tax Amount $244.71 Change Rate -0.037825% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $7,480 Land Value Improvement Value Tax Amount $254.33 Change Rate -0.221947% Assessed CR Tax Rate +0.034001%
Year 2014 Assessed Value $7,480 Land Value Improvement Value Tax Amount $326.88 Change Rate Assessed CR Tax Rate +0.043701%