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245 Exchange Ave; Memphis, TN Property Details

245 Exchange Ave, Memphis, TN is a Commercial Office that was built in 1910. This property is currently Financed and is not for sale. Our records show that 245 Exchange Ave has a total of 2,026 square feet. The lot size of 245 Exchange Ave is 3,746 square feet.

Off market
245 Exchange Ave Memphis, TN 38105
$40,000 Estimated Value
2,026 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1910
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $132,830
  • APN: 00-1043-0-0032
  • Situs County: Shelby
  • Length Of Ownership: 1 year, 1 months

Structure

  • Building Style: Wood
  • Stories: 1
  • Building Condition: Poor
  • Building Quality: C

Measurements

  • Total: 2,026/SqFt
  • Lot: 3,746/SqFt
  • Gross: 2,026/SqFt
  • Living: 2,026/SqFt
  • Building: 2,026/SqFt
  • Ground: 2,026/SqFt
  • Price Per Square Foot: $86.38

Legal Description

  • Description: SS EXCHANGE AVE
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.149654 / -90.04571
  • Subdivision: Country
  • Property Class: Office
  • Zoning: MU
  • County Use Code: 068

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3503
  • Cooling: Central
  • Heating: Yes

Ownership Info

245 Exchange Ave has no associated ownership info
245 Exchange Ave has no associated ownership info.

Taxes

245 Exchange Ave has 10 associated Taxes items

245 Exchange 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 $40,000. The APN we've located for 245 Exchange Ave is 00-1043-0-0032.

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Taxes
  • Assessed Value:  $40,000
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  00-1043-0-0032
  • Assessed Land Value:  36000
  • Market Land Value:  90000
  • Tax Amount:  1076
  • Tax Year:  2025
  • Market Value:  100000
  • Market Year:  2025

Tax History

245 Exchange Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,000 Land Value $36,000 Improvement Value $4,000 Tax Amount $1,076 Change Rate -0.20649% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,356 Change Rate -0.681453% Assessed CR Tax Rate
Year 2023 Assessed Value $69,880 Land Value $44,120 Improvement Value $25,760 Tax Amount $4,256.83 Change Rate Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $69,880 Land Value $44,120 Improvement Value $25,760 Tax Amount $4,256.83 Change Rate -0.093512% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $69,880 Land Value $44,120 Improvement Value $25,760 Tax Amount $4,695.96 Change Rate -0.100761% Assessed CR Tax Rate +0.0672%
Year 2020 Assessed Value $66,960 Land Value $44,120 Improvement Value $22,840 Tax Amount $5,222.15 Change Rate +1.080322% Assessed CR Tax Rate +0.077989%
Year 2019 Assessed Value $66,960 Land Value $44,120 Improvement Value $22,840 Tax Amount $2,510.26 Change Rate -0.000008% Assessed CR Tax Rate +0.037489%
Year 2018 Assessed Value $66,960 Land Value $44,120 Improvement Value $22,840 Tax Amount $2,510.28 Change Rate -0.087897% Assessed CR Tax Rate +0.037489%
Year 2017 Assessed Value $71,840 Land Value $44,120 Improvement Value $27,720 Tax Amount $2,752.19 Change Rate +0.061216% Assessed CR Tax Rate +0.03831%
Year 2016 Assessed Value $65,640 Land Value Improvement Value Tax Amount $2,593.43 Change Rate -0.095884% Assessed CR Tax Rate +0.03951%
Year 2014 Assessed Value $65,640 Land Value Improvement Value Tax Amount $2,868.47 Change Rate +0.350052% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,124.71 Change Rate Assessed CR Tax Rate