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1227 Margaret Rd; Memphis, TN Property Details

1227 Margaret Rd, Memphis, TN is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 1227 Margaret Rd has 2 bedrooms, and 1 bathroom, and a total of 756 square feet. The lot size of 1227 Margaret Rd is 20,000 square feet.

Off market
1227 Margaret Rd Memphis, TN 38109
$64,500 Listing Price
2 Beds
1 Baths
756 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1948
  • Purchase Price: $275,000
  • Open Loans: 1
  • Gross Yield: 8.927%
  • APN: 08-2054-0-0010
  • Situs County: Shelby
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 756/SqFt
  • Lot: 20,000/SqFt
  • Gross: 756/SqFt
  • Living: 756/SqFt
  • Building: 756/SqFt
  • Ground: 756/SqFt
  • Price Per Square Foot: $363.76

Legal Description

  • Description: SE SIDE MARGARET RD
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: 35.00814 / -90.10483
  • Subdivision: Old Home Town
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6268
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Heating: Yes

HOA

  • H O A One: $250
  • H O A Amount: $250
  • H O A One Frequency: Annual
  • H O A One Name: Coro Lake Property Owners Association
  • H O A One Type: Home Owner Association

Ownership Info

1227 Margaret Rd has no associated ownership info
1227 Margaret Rd has no associated ownership info.

Taxes

1227 Margaret Rd has 10 associated Taxes items

1227 Margaret 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 $9,225. The APN we've located for 1227 Margaret Rd is 08-2054-0-0010.

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Taxes
  • Assessed Value:  $9,225
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-2054-0-0010
  • Assessed Land Value:  1600
  • Market Land Value:  6400
  • Tax Amount:  248.15
  • Tax Year:  2025
  • Market Value:  36900
  • Market Year:  2025

Tax History

1227 Margaret Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,225 Land Value $1,600 Improvement Value $7,625 Tax Amount $248.15 Change Rate +0.038285% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $7,050 Land Value $1,375 Improvement Value $5,675 Tax Amount $239 Change Rate Assessed CR Tax Rate +0.033901%
Year 2023 Assessed Value $7,050 Land Value $1,375 Improvement Value $5,675 Tax Amount $239 Change Rate -0.443487% Assessed CR Tax Rate +0.033901%
Year 2022 Assessed Value $7,050 Land Value $1,375 Improvement Value $5,675 Tax Amount $429.46 Change Rate -0.0116% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $7,050 Land Value $1,375 Improvement Value $5,675 Tax Amount $434.5 Change Rate -0.203132% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $7,525 Land Value $1,375 Improvement Value $6,150 Tax Amount $545.26 Change Rate +1.267193% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $7,525 Land Value $1,375 Improvement Value $6,150 Tax Amount $240.5 Change Rate +0.000042% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $7,525 Land Value $1,375 Improvement Value $6,150 Tax Amount $240.49 Change Rate -0.023113% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $7,525 Land Value $1,375 Improvement Value $6,150 Tax Amount $246.18 Change Rate -0.037833% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $7,525 Land Value Improvement Value Tax Amount $255.86 Change Rate -0.221932% Assessed CR Tax Rate +0.034001%
Year 2014 Assessed Value $7,525 Land Value Improvement Value Tax Amount $328.84 Change Rate +0.082601% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $303.75 Change Rate Assessed CR Tax Rate