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1218 S 3rd St; Memphis, TN Property Details

1218 S 3rd St, Memphis, TN is a Light Industrial that was built in 1947. This property is currently Financed and is not for sale. Our records show that 1218 S 3rd St has a total of 14,230 square feet. The lot size of 1218 S 3rd St is 64,839 square feet.

Off market
1218 S 3rd St Memphis, TN 38106
$109,480 Estimated Value
14,230 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $214,500
  • Open Loans / Balance: 1 / $73,599
  • APN: 01-3023-0-0001
  • Situs County: Shelby
  • Length Of Ownership: 6 years

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Poor
  • Building Quality: E

Measurements

  • Total: 14,230/SqFt
  • Lot: 64,839/SqFt
  • Gross: 14,230/SqFt
  • Living: 14,230/SqFt
  • Building: 14,230/SqFt
  • Ground: 14,230/SqFt
  • Price Per Square Foot: $15.07

Legal Description

  • Description: SEE MAP GRID 157B ES THIRD ST COR LUCY (SE)
Building Insights

Land Information

  • Property Type: Light Industrial
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.114105 / -90.05438
  • Subdivision: Trigg
  • Property Class: Industrial
  • Zoning: EMP
  • County Use Code: 045

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2704
  • Cooling: None
  • Heating: Electric

Ownership Info

1218 S 3rd St has no associated ownership info
1218 S 3rd St has no associated ownership info.

Taxes

1218 S 3rd St has 10 associated Taxes items

1218 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 $109,480. The APN we've located for 1218 S 3rd St is 01-3023-0-0001.

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Taxes
  • Assessed Value:  $109,480
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-3023-0-0001
  • Assessed Land Value:  39960
  • Market Land Value:  99900
  • Tax Amount:  2945.01
  • Tax Year:  2025
  • Market Value:  273700
  • Market Year:  2025

Tax History

1218 S 3rd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $109,480 Land Value $39,960 Improvement Value $69,520 Tax Amount $2,945.01 Change Rate +0.019641% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $85,200 Land Value $39,840 Improvement Value $45,360 Tax Amount $2,888.28 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $85,200 Land Value $39,840 Improvement Value $45,360 Tax Amount $2,888.28 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $85,200 Land Value $39,840 Improvement Value $45,360 Tax Amount $5,190.08 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $85,200 Land Value $39,840 Improvement Value $45,360 Tax Amount $5,250.92 Change Rate +1.093485% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $78,480 Land Value $39,840 Improvement Value $38,640 Tax Amount $2,508.22 Change Rate +0.000004% Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value $78,480 Land Value $39,840 Improvement Value $38,640 Tax Amount $2,508.21 Change Rate +0.000004% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $78,480 Land Value $39,840 Improvement Value $38,640 Tax Amount $2,508.2 Change Rate -0.023081% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $78,480 Land Value $39,840 Improvement Value $38,640 Tax Amount $2,567.46 Change Rate +0.011703% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $74,640 Land Value Improvement Value Tax Amount $2,537.76 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $74,640 Land Value Improvement Value Tax Amount $3,261.77 Change Rate +0.309333% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,491.17 Change Rate Assessed CR Tax Rate