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1942 Colfax Ave; Memphis, TN Property Details

1942 Colfax Ave, Memphis, TN is a Single Family that was built in 1964. This property is currently a cash purchase and is not for sale. Our records show that 1942 Colfax Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,060 square feet. The lot size of 1942 Colfax Ave is 10,800 square feet.

For Rent
1942 Colfax Ave Memphis, TN 38116
$1,450 Listing Price
3 Beds
2 Baths
2,060 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1964
  • Purchase Price: $105,000
  • Open Loans / Balance: 1 / $38,981
  • Est. Equity / %: $131,019 / 77.07%
  • Gross Yield: 11.478%
  • APN: 07-8017-0-0016
  • Situs County: Shelby
  • Length Of Ownership: 6 years, 7 months

Rooms

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

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,060/SqFt
  • Lot: 10,800/SqFt
  • Gross: 2,878/SqFt
  • Garage: 428/SqFt
  • Living: 2,060/SqFt
  • Building: 2,488/SqFt
  • Ground: 1,080/SqFt
  • Price Per Square Foot: $50.97
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: 35.047485 / -89.99897
  • Subdivision: Canada Gardens
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5019
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Name: Canada Gardens
  • H O A One Type: Home Owner Association

Ownership Info

1942 Colfax Ave has no associated ownership info
1942 Colfax Ave has no associated ownership info.

Taxes

1942 Colfax Ave has 10 associated Taxes items

1942 Colfax 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 $36,275. The APN we've located for 1942 Colfax Ave is 07-8017-0-0016.

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Taxes
  • Assessed Value:  $36,275
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-8017-0-0016
  • Assessed Land Value:  4500
  • Market Land Value:  18000
  • Tax Amount:  975.8
  • Tax Year:  2025
  • Market Value:  145100
  • Market Year:  2025

Tax History

1942 Colfax Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,275 Land Value $4,500 Improvement Value $31,775 Tax Amount $975.8 Change Rate -0.013377% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $29,175 Land Value $3,625 Improvement Value $25,550 Tax Amount $989.03 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $29,175 Land Value $3,625 Improvement Value $25,550 Tax Amount $989.03 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $29,175 Land Value $3,625 Improvement Value $25,550 Tax Amount $1,777.23 Change Rate -0.01159% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $29,175 Land Value $3,625 Improvement Value $25,550 Tax Amount $1,798.07 Change Rate +0.02646% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $24,175 Land Value $3,625 Improvement Value $20,550 Tax Amount $1,751.72 Change Rate +1.267247% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $24,175 Land Value $3,625 Improvement Value $20,550 Tax Amount $772.62 Change Rate -0.000013% Assessed CR Tax Rate +0.031959%
Year 2018 Assessed Value $24,175 Land Value $3,625 Improvement Value $20,550 Tax Amount $772.63 Change Rate -0.023088% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $24,175 Land Value $3,625 Improvement Value $20,550 Tax Amount $790.89 Change Rate +0.102424% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $21,100 Land Value Improvement Value Tax Amount $717.41 Change Rate -0.221957% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $21,100 Land Value Improvement Value Tax Amount $922.07 Change Rate Assessed CR Tax Rate +0.0437%