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118 Monroe Ave; Memphis, TN Property Details

118 Monroe Ave, Memphis, TN is a Restaurant that was built in 1890. This property is currently Financed and is not for sale. Our records show that 118 Monroe Ave has a total of 14,471 square feet. The lot size of 118 Monroe Ave is 5,513 square feet.

Off market
120 Monroe Ave Memphis, TN 38103
$554,360 Estimated Value
14,471 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1890
  • Purchase Price: $420,000
  • Open Loans / Balance: 1 / $187,280
  • APN: 00-2058-0-0012
  • Situs County: Shelby
  • Length Of Ownership: 7 years, 7 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C

Measurements

  • Total: 14,471/SqFt
  • Lot: 5,513/SqFt
  • Gross: 14,471/SqFt
  • Living: 14,471/SqFt
  • Building: 14,471/SqFt
  • Ground: 3,887/SqFt
  • Price Per Square Foot: $29.02

Legal Description

  • Description: NS MONROE COR NOVEMBER 6TH NE
Building Insights

Land Information

  • Property Type: Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.1441 / -90.052376
  • Subdivision: Plan Of Memphis
  • Property Class: Commercial
  • Zoning: CBD
  • County Use Code: 029

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2512
  • Cooling: Central
  • Heating: Yes

Ownership Info

120 Monroe Ave has no associated ownership info
120 Monroe Ave has no associated ownership info.

Taxes

120 Monroe Ave has 10 associated Taxes items

118 Monroe Ave, 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 $554,360. The APN we've located for 118 Monroe Ave is 00-2058-0-0012.

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Taxes
  • Assessed Value:  $554,360
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  00-2058-0-0012
  • Assessed Land Value:  90080
  • Market Land Value:  225200
  • Tax Amount:  14912.28
  • Tax Year:  2025
  • Market Value:  1385900
  • Market Year:  2025

Tax History

120 Monroe Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $554,360 Land Value $90,080 Improvement Value $464,280 Tax Amount $14,912.28 Change Rate +0.16521% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $12,797.93 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $377,520 Land Value $64,360 Improvement Value $313,160 Tax Amount $12,797.93 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $377,520 Land Value $64,360 Improvement Value $313,160 Tax Amount $22,997.17 Change Rate +0.435352% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $236,120 Land Value $64,360 Improvement Value $171,760 Tax Amount $16,021.97 Change Rate -0.085718% Assessed CR Tax Rate +0.067855%
Year 2020 Assessed Value $222,760 Land Value $64,360 Improvement Value $158,400 Tax Amount $17,524.1 Change Rate +1.061096% Assessed CR Tax Rate +0.078668%
Year 2019 Assessed Value $222,760 Land Value $64,360 Improvement Value $158,400 Tax Amount $8,502.32 Change Rate Assessed CR Tax Rate +0.038168%
Year 2018 Assessed Value $222,760 Land Value $64,360 Improvement Value $158,400 Tax Amount $8,502.32 Change Rate -0.019396% Assessed CR Tax Rate +0.038168%
Year 2017 Assessed Value $222,760 Land Value $64,360 Improvement Value $158,400 Tax Amount $8,670.49 Change Rate +0.344129% Assessed CR Tax Rate +0.038923%
Year 2016 Assessed Value $160,880 Land Value Improvement Value Tax Amount $6,450.64 Change Rate -0.082473% Assessed CR Tax Rate +0.040096%
Year 2014 Assessed Value $160,880 Land Value Improvement Value Tax Amount $7,030.46 Change Rate +0.084507% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,482.63 Change Rate Assessed CR Tax Rate