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1585 S 3rd St; Memphis, TN Property Details

1585 S 3rd St, Memphis, TN is a Single Family that was built in 1932. This property is not for sale. Our records show that 1585 S 3rd St has 3 bedrooms, and 1 bathroom, and a total of 1,475 square feet. The lot size of 1585 S 3rd St is 5,175 square feet.

Off market  •   Pre Probate ✓
1585 S 3rd St Memphis, TN 38106
$7,025 Estimated Value
3 Beds
1 Baths
1,475 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1932
  • Purchase Price: $28,000
  • Est. Equity / %: $66,000 / 100%
  • Gross Yield: 19.964%
  • APN: 03-5091-0-0002
  • Situs County: Shelby
  • Length Of Ownership: 32 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,475/SqFt
  • Lot: 5,175/SqFt
  • Gross: 1,475/SqFt
  • Living: 1,475/SqFt
  • Building: 1,475/SqFt
  • Ground: 1,087/SqFt
  • Price Per Square Foot: $18.98

Legal Description

  • Description: WS THIRD COR E ESSEX 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: 35.104076 / -90.055756
  • Subdivision: S Parkway Pl
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5211
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Name: South Parkway Place
  • H O A One Type: Home Owner Association

Ownership Info

1585 S 3rd St has no associated ownership info
1585 S 3rd St has no associated ownership info.

Taxes

1585 S 3rd St has 10 associated Taxes items

1585 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 $7,025. The APN we've located for 1585 S 3rd St is 03-5091-0-0002.

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Taxes
  • Assessed Value:  $7,025
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-5091-0-0002
  • Assessed Land Value:  1500
  • Market Land Value:  6000
  • Tax Amount:  188.97
  • Tax Year:  2025
  • Market Value:  28100
  • Market Year:  2025

Tax History

1585 S 3rd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,025 Land Value $1,500 Improvement Value $5,525 Tax Amount $188.97 Change Rate -0.055197% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $5,900 Land Value $750 Improvement Value $5,150 Tax Amount $200.01 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $5,900 Land Value $750 Improvement Value $5,150 Tax Amount $200.01 Change Rate -0.443505% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $5,900 Land Value $750 Improvement Value $5,150 Tax Amount $359.41 Change Rate -0.011578% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $5,900 Land Value $750 Improvement Value $5,150 Tax Amount $363.62 Change Rate -0.079233% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $5,450 Land Value $750 Improvement Value $4,700 Tax Amount $394.91 Change Rate +1.267252% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $5,450 Land Value $750 Improvement Value $4,700 Tax Amount $174.18 Change Rate -0.000057% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $5,450 Land Value $750 Improvement Value $4,700 Tax Amount $174.19 Change Rate -0.023051% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $5,450 Land Value $750 Improvement Value $4,700 Tax Amount $178.3 Change Rate -0.083997% Assessed CR Tax Rate +0.032716%
Year 2016 Assessed Value $5,725 Land Value Improvement Value Tax Amount $194.65 Change Rate -0.22196% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $5,725 Land Value Improvement Value Tax Amount $250.18 Change Rate +0.120728% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $223.23 Change Rate Assessed CR Tax Rate