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241 Marne St; Memphis, TN Property Details

241 Marne St, Memphis, TN is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 241 Marne St has 3 bedrooms, and 2 bathrooms, and a total of 1,552 square feet. The lot size of 241 Marne St is 7,500 square feet.

Off market
241 Marne St Memphis, TN 38111
$322,400 Listing Price
3 Beds
2 Baths
1,552 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $322,400
  • Est. Equity / %: $299,000 / 100%
  • Gross Yield: 11.37%
  • APN: 04-5091-0-0057
  • Situs County: Shelby
  • Length Of Ownership: 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,552/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,552/SqFt
  • Garage: 276/SqFt
  • Living: 1,552/SqFt
  • Building: 1,552/SqFt
  • Ground: 1,552/SqFt
  • Garage Unfinished: 276/SqFt
  • Price Per Square Foot: $207.73

Legal Description

  • Description: WS S MARNE DR
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: 35.125217 / -89.95601
  • Subdivision: Palmetto
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3441
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central

HOA

  • H O A One Name: Palmetto
  • H O A One Type: Home Owner Association
  • H O A Two Name: Plametto Association
  • H O A Two Type: Home Owner Association

Ownership Info

241 Marne St has no associated ownership info
241 Marne St has no associated ownership info.

Taxes

241 Marne St has 10 associated Taxes items

241 Marne 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 $76,600. The APN we've located for 241 Marne St is 04-5091-0-0057.

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Taxes
  • Assessed Value:  $76,600
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-5091-0-0057
  • Assessed Land Value:  12475
  • Market Land Value:  49900
  • Tax Amount:  2060.54
  • Tax Year:  2025
  • Market Value:  306400
  • Market Year:  2025

Tax History

241 Marne St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,600 Land Value $12,475 Improvement Value $64,125 Tax Amount $2,060.54 Change Rate +0.049791% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,962.81 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,900 Land Value $8,475 Improvement Value $49,425 Tax Amount $1,962.81 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $57,900 Land Value $8,475 Improvement Value $49,425 Tax Amount $3,527.06 Change Rate +1.245319% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $57,900 Land Value $8,475 Improvement Value $49,425 Tax Amount $1,570.85 Change Rate -0.473814% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $41,200 Land Value $8,475 Improvement Value $32,725 Tax Amount $2,985.35 Change Rate +1.267211% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $41,200 Land Value $8,475 Improvement Value $32,725 Tax Amount $1,316.75 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $41,200 Land Value $8,475 Improvement Value $32,725 Tax Amount $1,316.75 Change Rate -0.023081% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $41,200 Land Value $8,475 Improvement Value $32,725 Tax Amount $1,347.86 Change Rate +0.075063% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $36,875 Land Value Improvement Value Tax Amount $1,253.75 Change Rate -0.221969% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $36,875 Land Value Improvement Value Tax Amount $1,611.44 Change Rate +0.475664% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,092.01 Change Rate Assessed CR Tax Rate