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2487 Malone Ave; Memphis, TN Property Details

2487 Malone Ave, Memphis, TN is a Single Family that was built in 1937. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 2487 Malone Ave has 3 bedrooms, and 1 bathroom, and a total of 1,162 square feet. The lot size of 2487 Malone Ave is 7,650 square feet.

Off market
2487 Malone Ave Memphis, TN 38114
$19,350 Estimated Value
3 Beds
1 Baths
1,162 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1937
  • Purchase Price: $10,700
  • Est. Equity / %: $85,000 / 100%
  • Gross Yield: 9.021%
  • APN: 04-7054-0-0007
  • Situs County: Shelby
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,162/SqFt
  • Lot: 7,650/SqFt
  • Gross: 2,324/SqFt
  • Garage: 264/SqFt
  • Living: 1,162/SqFt
  • Building: 2,324/SqFt
  • Ground: 1,162/SqFt
  • Garage Unfinished: 264/SqFt
  • Price Per Square Foot: $9.21

Legal Description

  • Description: SS MALONE
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: 35.100166 / -89.97989
  • Subdivision: Bethel Grove
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4244
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes

HOA

  • H O A One Name: Bethel Grove Labelle Heights
  • H O A One Type: Home Owner Association

Ownership Info

2487 Malone Ave has no associated ownership info
2487 Malone Ave has no associated ownership info.

Taxes

2487 Malone Ave has 10 associated Taxes items

2487 Malone 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 $19,350. The APN we've located for 2487 Malone Ave is 04-7054-0-0007.

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Taxes
  • Assessed Value:  $19,350
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-7054-0-0007
  • Assessed Land Value:  2450
  • Market Land Value:  9800
  • Tax Amount:  520.52
  • Tax Year:  2025
  • Market Value:  77400
  • Market Year:  2025

Tax History

2487 Malone Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,350 Land Value $2,450 Improvement Value $16,900 Tax Amount $520.52 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $13,050 Land Value $1,125 Improvement Value $11,925 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $13,050 Land Value $1,125 Improvement Value $11,925 Tax Amount $442.4 Change Rate -0.443501% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $13,050 Land Value $1,125 Improvement Value $11,925 Tax Amount $794.97 Change Rate -0.011588% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $13,050 Land Value $1,125 Improvement Value $11,925 Tax Amount $804.29 Change Rate +0.209768% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $9,175 Land Value $1,125 Improvement Value $8,050 Tax Amount $664.83 Change Rate +1.267187% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $9,175 Land Value $1,125 Improvement Value $8,050 Tax Amount $293.24 Change Rate +0.000034% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $9,175 Land Value $1,125 Improvement Value $8,050 Tax Amount $293.23 Change Rate -0.023088% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $9,175 Land Value $1,125 Improvement Value $8,050 Tax Amount $300.16 Change Rate -0.117176% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,000 Land Value Improvement Value Tax Amount $340 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,000 Land Value Improvement Value Tax Amount $437 Change Rate +0.248643% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $349.98 Change Rate Assessed CR Tax Rate