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1612 Waverly Ave; Memphis, TN Property Details

1612 Waverly Ave, Memphis, TN is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 1612 Waverly Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,542 square feet. The lot size of 1612 Waverly Ave is 6,864 square feet.

For Rent
1612 Waverly Ave Memphis, TN 38106
$725 Listing Price
3 Beds
2 Baths
1,542 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1924
  • Purchase Price: $38,000
  • Open Loans / Balance: 1 / $76,475
  • Est. Equity / %: $69,525 / 47.62%
  • Gross Yield: 6.321%
  • APN: 03-1027-0-0044
  • Situs County: Shelby
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,542/SqFt
  • Lot: 6,864/SqFt
  • Gross: 1,542/SqFt
  • Garage: 252/SqFt
  • Living: 1,542/SqFt
  • Building: 1,542/SqFt
  • Ground: 1,542/SqFt
  • Garage Unfinished: 252/SqFt
  • Price Per Square Foot: $24.64

Legal Description

  • Description: NS WAVERLY COR ALLEY
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: 35.1147 / -90.00851
  • Subdivision: Magnolia Grove
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2424
  • Bathroom Fixtures: 6
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 6

Ownership Info

1612 Waverly Ave has no associated ownership info
1612 Waverly Ave has no associated ownership info.

Taxes

1612 Waverly Ave has 10 associated Taxes items

1612 Waverly 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 $27,425. The APN we've located for 1612 Waverly Ave is 03-1027-0-0044.

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Taxes
  • Assessed Value:  $27,425
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-1027-0-0044
  • Assessed Land Value:  6850
  • Market Land Value:  27400
  • Tax Amount:  737.73
  • Tax Year:  2025
  • Market Value:  109700
  • Market Year:  2025

Tax History

1612 Waverly Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,425 Land Value $6,850 Improvement Value $20,575 Tax Amount $737.73 Change Rate +0.224306% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $602.57 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $17,775 Land Value $1,375 Improvement Value $16,400 Tax Amount $602.57 Change Rate -0.443497% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $17,775 Land Value $1,375 Improvement Value $16,400 Tax Amount $1,082.78 Change Rate -0.011593% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $17,775 Land Value $1,375 Improvement Value $16,400 Tax Amount $1,095.48 Change Rate +0.103536% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $13,700 Land Value $1,375 Improvement Value $12,325 Tax Amount $992.7 Change Rate +1.267215% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $13,700 Land Value $1,375 Improvement Value $12,325 Tax Amount $437.85 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $13,700 Land Value $1,375 Improvement Value $12,325 Tax Amount $437.85 Change Rate -0.023071% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $13,700 Land Value $1,375 Improvement Value $12,325 Tax Amount $448.19 Change Rate +0.015958% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $12,975 Land Value Improvement Value Tax Amount $441.15 Change Rate -0.221971% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $12,975 Land Value Improvement Value Tax Amount $567.01 Change Rate +0.130718% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $501.46 Change Rate Assessed CR Tax Rate