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2428 Broad Ave; Memphis, TN Property Details

2428 Broad Ave, Memphis, TN is a Single Family that was built in 1927. This property is currently a cash purchase and is not for sale. Our records show that 2428 Broad Ave has 3 bedrooms, and 1 bathroom, and a total of 1,234 square feet. The lot size of 2428 Broad Ave is 5,785 square feet.

Off market
2428 Broad Ave Memphis, TN 38112
$32,075 Estimated Value
3 Beds
1 Baths
1,234 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1927
  • Purchase Price: $50,000
  • Est. Equity / %: $127,000 / 100%
  • Gross Yield: 14.031%
  • APN: 03-3002-0-0027
  • Situs County: Shelby
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,234/SqFt
  • Lot: 5,785/SqFt
  • Gross: 1,234/SqFt
  • Garage: 100/SqFt
  • Living: 1,234/SqFt
  • Building: 1,234/SqFt
  • Ground: 1,234/SqFt
  • Price Per Square Foot: $40.52

Legal Description

  • Description: NS BROAD
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: 35.14858 / -89.97841
  • Subdivision: Parkway Pl
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2506
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central
  • Parking: 5

HOA

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

Ownership Info

2428 Broad Ave has no associated ownership info
2428 Broad Ave has no associated ownership info.

Taxes

2428 Broad Ave has 10 associated Taxes items

2428 Broad 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 $32,075. The APN we've located for 2428 Broad Ave is 03-3002-0-0027.

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Taxes
  • Assessed Value:  $32,075
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-3002-0-0027
  • Assessed Land Value:  7675
  • Market Land Value:  30700
  • Tax Amount:  862.82
  • Tax Year:  2025
  • Market Value:  128300
  • Market Year:  2025

Tax History

2428 Broad Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,075 Land Value $7,675 Improvement Value $24,400 Tax Amount $862.82 Change Rate -0.204004% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $31,975 Land Value $4,825 Improvement Value $27,150 Tax Amount $1,083.95 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $31,975 Land Value $4,825 Improvement Value $27,150 Tax Amount $1,083.95 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $31,975 Land Value $4,825 Improvement Value $27,150 Tax Amount $1,947.8 Change Rate -0.01159% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $31,975 Land Value $4,825 Improvement Value $27,150 Tax Amount $1,970.64 Change Rate +0.743358% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $15,600 Land Value $4,825 Improvement Value $10,775 Tax Amount $1,130.37 Change Rate +1.267224% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $15,600 Land Value $4,825 Improvement Value $10,775 Tax Amount $498.57 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $15,600 Land Value $4,825 Improvement Value $10,775 Tax Amount $498.57 Change Rate -0.023082% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $15,600 Land Value $4,825 Improvement Value $10,775 Tax Amount $510.35 Change Rate -0.01731% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $15,275 Land Value Improvement Value Tax Amount $519.34 Change Rate -0.489948% Assessed CR Tax Rate +0.033999%
Year 2014 Assessed Value $23,300 Land Value Improvement Value Tax Amount $1,018.21 Change Rate +0.207182% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $843.46 Change Rate Assessed CR Tax Rate