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1227 Garfield St; Memphis, TN Property Details

1227 Garfield St, Memphis, TN is a Single Family that was built in 1927. This property is currently Financed and is not for sale. Our records show that 1227 Garfield St has 3 bedrooms, and 1 bathroom, and a total of 1,375 square feet. The lot size of 1227 Garfield St is 6,324 square feet.

Off market  •   Bankruptcy ✓
1227 Garfield St Memphis, TN 38114
$115,000 Listing Price
3 Beds
1 Baths
1,375 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1927
  • Purchase Price: $115,000
  • Open Loans / Balance: 2 / $116,168
  • Est. Equity / %: $5,832 / 4.78%
  • Gross Yield: 11.479%
  • APN: 02-9042-0-0019
  • Situs County: Shelby
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,375/SqFt
  • Lot: 6,324/SqFt
  • Gross: 1,375/SqFt
  • Living: 1,375/SqFt
  • Building: 1,375/SqFt
  • Ground: 1,375/SqFt
  • Price Per Square Foot: $83.64

Legal Description

  • Description: WS GARFIELD COR CABLE SW
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: 35.112022 / -89.98575
  • Subdivision: Fairgrounds
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2210
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Central

Ownership Info

1227 Garfield St has no associated ownership info
1227 Garfield St has no associated ownership info.

Taxes

1227 Garfield St has 10 associated Taxes items

1227 Garfield 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 $28,625. The APN we've located for 1227 Garfield St is 02-9042-0-0019.

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Taxes
  • Assessed Value:  $28,625
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  02-9042-0-0019
  • Assessed Land Value:  1125
  • Market Land Value:  4500
  • Tax Amount:  770.01
  • Tax Year:  2025
  • Market Value:  114500
  • Market Year:  2025

Tax History

1227 Garfield St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,625 Land Value $1,125 Improvement Value $27,500 Tax Amount $770.01 Change Rate +4.899556% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $3,850 Land Value $625 Improvement Value $3,225 Tax Amount $130.52 Change Rate Assessed CR Tax Rate +0.033901%
Year 2023 Assessed Value $3,850 Land Value $625 Improvement Value $3,225 Tax Amount $130.52 Change Rate -0.443506% Assessed CR Tax Rate +0.033901%
Year 2022 Assessed Value $3,850 Land Value $625 Improvement Value $3,225 Tax Amount $234.54 Change Rate -0.011589% Assessed CR Tax Rate +0.060919%
Year 2021 Assessed Value $3,850 Land Value $625 Improvement Value $3,225 Tax Amount $237.29 Change Rate -0.108937% Assessed CR Tax Rate +0.061634%
Year 2020 Assessed Value $3,675 Land Value $625 Improvement Value $3,050 Tax Amount $266.3 Change Rate +1.266962% Assessed CR Tax Rate +0.072463%
Year 2019 Assessed Value $3,675 Land Value $625 Improvement Value $3,050 Tax Amount $117.47 Change Rate +0.00017% Assessed CR Tax Rate +0.031965%
Year 2018 Assessed Value $3,675 Land Value $625 Improvement Value $3,050 Tax Amount $117.45 Change Rate -0.023122% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $3,675 Land Value $625 Improvement Value $3,050 Tax Amount $120.23 Change Rate -0.037698% Assessed CR Tax Rate +0.032716%
Year 2016 Assessed Value $3,675 Land Value Improvement Value Tax Amount $124.94 Change Rate -0.222042% Assessed CR Tax Rate +0.033997%
Year 2014 Assessed Value $3,675 Land Value Improvement Value Tax Amount $160.6 Change Rate -0.135444% Assessed CR Tax Rate +0.043701%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $185.76 Change Rate Assessed CR Tax Rate