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248 1st Ave; Memphis, TN Property Details

248 1st Ave, Memphis, TN is a Single Family that was built in 1997. This property is currently Financed and is not for sale. Our records show that 248 1st Ave has 3 bedrooms, and 1 bathroom, and a total of 1,000 square feet. The lot size of 248 1st Ave is 7,500 square feet.

Off market
248 1st Ave Memphis, TN 38109
$43,000 Listing Price
3 Beds
1 Baths
1,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1997
  • Purchase Price: $105,400
  • Open Loans / Balance: 1 / $77,708
  • Est. Equity / %: $35,292 / 31.23%
  • Gross Yield: 11.278%
  • APN: 05-0006-0-0015
  • Situs County: Shelby
  • Length Of Ownership: 1 year, 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 Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,000/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,000/SqFt
  • Living: 1,000/SqFt
  • Building: 1,000/SqFt
  • Ground: 1,000/SqFt
  • Price Per Square Foot: $105.40

Legal Description

  • Description: NS FIRST
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: 35.09388 / -90.07083
  • Subdivision: Riverside Park
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1804
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Central

Ownership Info

248 1st Ave has no associated ownership info
248 1st Ave has no associated ownership info.

Taxes

248 1st Ave has 10 associated Taxes items

248 1st 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 $26,300. The APN we've located for 248 1st Ave is 05-0006-0-0015.

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Taxes
  • Assessed Value:  $26,300
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-0006-0-0015
  • Assessed Land Value:  1250
  • Market Land Value:  5000
  • Tax Amount:  707.47
  • Tax Year:  2025
  • Market Value:  105200
  • Market Year:  2025

Tax History

248 1st Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,300 Land Value $1,250 Improvement Value $25,050 Tax Amount $707.47 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $12,150 Land Value $875 Improvement Value $11,275 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $12,150 Land Value $875 Improvement Value $11,275 Tax Amount $411.89 Change Rate -0.443497% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $12,150 Land Value $875 Improvement Value $11,275 Tax Amount $740.14 Change Rate -0.011592% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $12,150 Land Value $875 Improvement Value $11,275 Tax Amount $748.82 Change Rate +0.025739% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $10,075 Land Value $875 Improvement Value $9,200 Tax Amount $730.03 Change Rate +1.267244% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $10,075 Land Value $875 Improvement Value $9,200 Tax Amount $321.99 Change Rate Assessed CR Tax Rate +0.031959%
Year 2018 Assessed Value $10,075 Land Value $875 Improvement Value $9,200 Tax Amount $321.99 Change Rate -0.023089% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $10,075 Land Value $875 Improvement Value $9,200 Tax Amount $329.6 Change Rate -0.110631% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,900 Land Value Improvement Value Tax Amount $370.6 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,900 Land Value Improvement Value Tax Amount $476.33 Change Rate +0.057477% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $450.44 Change Rate Assessed CR Tax Rate