Large Location Icon

126 Monroe Ave; Memphis, TN Property Details

126 Monroe Ave, Memphis, TN is a Restaurant that was built in 1890. This property is currently a cash purchase and is not for sale. Our records show that 126 Monroe Ave has a total of 4,028 square feet. The lot size of 126 Monroe Ave is 1,433 square feet.

Off market
126 Monroe Ave Memphis, TN 38103
$161,160 Estimated Value
4,028 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1890
  • Purchase Price: $40,000
  • APN: 00-2058-0-0011
  • Situs County: Shelby
  • Length Of Ownership: 27 years, 8 months

Structure

  • Building Style: Frame
  • Stories: 3
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 4,028/SqFt
  • Lot: 1,433/SqFt
  • Gross: 4,028/SqFt
  • Living: 4,028/SqFt
  • Building: 4,028/SqFt
  • Ground: 1,406/SqFt
  • Price Per Square Foot: $9.93

Legal Description

  • Description: NS MONROE 55 FT W OF SECOND
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: 35.14413 / -90.05219
  • Property Class: Commercial
  • Zoning: CBD
  • County Use Code: 029

Amenities

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

Ownership Info

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

Taxes

126 Monroe Ave has 10 associated Taxes items

126 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 $161,160. The APN we've located for 126 Monroe Ave is 00-2058-0-0011.

Unlock the full report
Taxes
  • Assessed Value:  $161,160
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  00-2058-0-0011
  • Assessed Land Value:  24640
  • Market Land Value:  61600
  • Tax Amount:  4335.2
  • Tax Year:  2025
  • Market Value:  402900
  • Market Year:  2025

Tax History

126 Monroe Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $161,160 Land Value $24,640 Improvement Value $136,520 Tax Amount $4,335.2 Change Rate +0.356407% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $94,280 Land Value $17,640 Improvement Value $76,640 Tax Amount $3,196.09 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $94,280 Land Value $17,640 Improvement Value $76,640 Tax Amount $3,196.09 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $94,280 Land Value $17,640 Improvement Value $76,640 Tax Amount $5,743.19 Change Rate -0.196833% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $117,840 Land Value $17,640 Improvement Value $100,200 Tax Amount $7,150.68 Change Rate -0.057232% Assessed CR Tax Rate +0.060681%
Year 2020 Assessed Value $109,520 Land Value $17,640 Improvement Value $91,880 Tax Amount $7,584.77 Change Rate +1.370626% Assessed CR Tax Rate +0.069255%
Year 2019 Assessed Value $84,880 Land Value $17,640 Improvement Value $67,240 Tax Amount $3,199.48 Change Rate +5.573554% Assessed CR Tax Rate +0.037694%
Year 2018 Assessed Value $84,880 Land Value $17,640 Improvement Value $67,240 Tax Amount $486.72 Change Rate -0.850861% Assessed CR Tax Rate +0.005734%
Year 2017 Assessed Value $84,880 Land Value $17,640 Improvement Value $67,240 Tax Amount $3,263.54 Change Rate +0.289814% Assessed CR Tax Rate +0.038449%
Year 2016 Assessed Value $64,080 Land Value Improvement Value Tax Amount $2,530.24 Change Rate -0.09644% Assessed CR Tax Rate +0.039486%
Year 2014 Assessed Value $64,080 Land Value Improvement Value Tax Amount $2,800.3 Change Rate +0.111517% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,519.35 Change Rate Assessed CR Tax Rate