Large Location Icon

1345 Salem St; Memphis, TN Property Details

1345 Salem St, Memphis, TN is a Single Family that was built in 1946. This property is currently a cash purchase and is not for sale. Our records show that 1345 Salem St has 2 bedrooms, and 1 bathroom, and a total of 804 square feet. The lot size of 1345 Salem St is 6,264 square feet.

Off market
1345 Salem St Memphis, TN 38122
$18,300 Estimated Value
2 Beds
1 Baths
804 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1946
  • Purchase Price: $8,000
  • Est. Equity / %: $112,000 / 100%
  • Gross Yield: 8.079%
  • APN: 04-3087-0-0010
  • Situs County: Shelby
  • Length Of Ownership: 7 years, 2 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Rock, Stone
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 804/SqFt
  • Lot: 6,264/SqFt
  • Gross: 804/SqFt
  • Garage: 312/SqFt
  • Living: 804/SqFt
  • Building: 804/SqFt
  • Ground: 804/SqFt
  • Garage Unfinished: 312/SqFt
  • Price Per Square Foot: $9.95

Legal Description

  • Description: OF LOTS 33&34 OF LEAS FAIR OAKS S/D WS SALEM
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: 35.168316 / -89.93375
  • Subdivision: Fair Oaks Terrace
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1344
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Garage: Detached Garage
  • Heating: Yes

HOA

  • H O A One Name: Fair Oaks Terrace
  • H O A One Type: Home Owner Association
  • H O A Two Name: Tutwiler Terrace
  • H O A Two Type: Home Owner Association

Ownership Info

1345 Salem St has no associated ownership info
1345 Salem St has no associated ownership info.

Taxes

1345 Salem St has 10 associated Taxes items

1345 Salem 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 $18,300. The APN we've located for 1345 Salem St is 04-3087-0-0010.

Unlock the full report
Taxes
  • Assessed Value:  $18,300
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-3087-0-0010
  • Assessed Land Value:  3750
  • Market Land Value:  15000
  • Tax Amount:  492.27
  • Tax Year:  2025
  • Market Value:  73200
  • Market Year:  2025

Tax History

1345 Salem St has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,300 Land Value $3,750 Improvement Value $14,550 Tax Amount $492.27 Change Rate +0.673932% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $8,675 Land Value $1,350 Improvement Value $7,325 Tax Amount $294.08 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $8,675 Land Value $1,350 Improvement Value $7,325 Tax Amount $294.08 Change Rate -0.443505% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $8,675 Land Value $1,350 Improvement Value $7,325 Tax Amount $528.45 Change Rate -0.011596% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $8,675 Land Value $1,350 Improvement Value $7,325 Tax Amount $534.65 Change Rate +0.069386% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $6,900 Land Value $1,175 Improvement Value $5,725 Tax Amount $499.96 Change Rate +1.267289% Assessed CR Tax Rate +0.072458%
Year 2019 Assessed Value $6,900 Land Value $1,175 Improvement Value $5,725 Tax Amount $220.51 Change Rate Assessed CR Tax Rate +0.031958%
Year 2018 Assessed Value $6,900 Land Value $1,175 Improvement Value $5,725 Tax Amount $220.51 Change Rate -0.25521% Assessed CR Tax Rate +0.031958%
Year 2014 Assessed Value $6,775 Land Value Improvement Value Tax Amount $296.07 Change Rate -0.105123% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $330.85 Change Rate Assessed CR Tax Rate