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2198 Wellons Ave; Memphis, TN Property Details

2198 Wellons 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 2198 Wellons Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,632 square feet. The lot size of 2198 Wellons Ave is 17,992 square feet.

Off market
2198 Wellons Ave Memphis, TN 38127
$30,525 Estimated Value
3 Beds
2 Baths
2,632 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $60,800
  • Est. Equity / %: $152,000 / 100%
  • Gross Yield: 7.887%
  • APN: 07-1048-0-0138
  • Situs County: Shelby
  • Length Of Ownership: 22 years

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: 2,632/SqFt
  • Lot: 17,992/SqFt
  • Gross: 2,632/SqFt
  • Garage: 380/SqFt
  • Living: 2,632/SqFt
  • Building: 2,632/SqFt
  • Ground: 1,316/SqFt
  • Price Per Square Foot: $23.10

Legal Description

  • Description: ES DROWSY LN COR WELLONS NE
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: 35.236958 / -89.99046
  • Subdivision: Georgian Woods
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3434
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 1

Ownership Info

2198 Wellons Ave has no associated ownership info
2198 Wellons Ave has no associated ownership info.

Taxes

2198 Wellons Ave has 10 associated Taxes items

2198 Wellons 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 $30,525. The APN we've located for 2198 Wellons Ave is 07-1048-0-0138.

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Taxes
  • Assessed Value:  $30,525
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-1048-0-0138
  • Assessed Land Value:  2775
  • Market Land Value:  11100
  • Tax Amount:  821.12
  • Tax Year:  2025
  • Market Value:  122100
  • Market Year:  2025

Tax History

2198 Wellons Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,525 Land Value $2,775 Improvement Value $27,750 Tax Amount $821.12 Change Rate +0.143892% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $21,175 Land Value $2,500 Improvement Value $18,675 Tax Amount $717.83 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $21,175 Land Value $2,500 Improvement Value $18,675 Tax Amount $717.83 Change Rate -0.443495% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $21,175 Land Value $2,500 Improvement Value $18,675 Tax Amount $1,289.89 Change Rate -0.011594% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $21,175 Land Value $2,500 Improvement Value $18,675 Tax Amount $1,305.02 Change Rate +0.075223% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $16,750 Land Value $2,500 Improvement Value $14,250 Tax Amount $1,213.72 Change Rate +1.267152% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $16,750 Land Value $2,500 Improvement Value $14,250 Tax Amount $535.35 Change Rate +0.000019% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $16,750 Land Value $2,500 Improvement Value $14,250 Tax Amount $535.34 Change Rate -0.023049% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $16,750 Land Value $2,500 Improvement Value $14,250 Tax Amount $547.97 Change Rate -0.000511% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $16,125 Land Value Improvement Value Tax Amount $548.25 Change Rate -0.221965% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $16,125 Land Value Improvement Value Tax Amount $704.66 Change Rate +0.099382% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $640.96 Change Rate Assessed CR Tax Rate