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2542 Park Ave; Memphis, TN Property Details

2542 Park Ave, Memphis, TN is a Single Family that was built in 1920. This property is not for sale. Our records show that 2542 Park Ave has 2 bedrooms, and 1 bathroom, and a total of 1,194 square feet. The lot size of 2542 Park Ave is 7,543 square feet.

Off market
2542 Park Ave Memphis, TN 38114
$11,625 Estimated Value
2 Beds
1 Baths
1,194 SqFt
Property Details

Summary

  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1920
  • Est. Equity / %: $95,000 / 100%
  • Gross Yield: 5.482%
  • APN: 06-1023-0-0018
  • Situs County: Shelby

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,194/SqFt
  • Lot: 7,543/SqFt
  • Gross: 1,244/SqFt
  • Garage: 300/SqFt
  • Living: 1,194/SqFt
  • Building: 1,194/SqFt
  • Ground: 1,194/SqFt
  • Garage Unfinished: 300/SqFt

Legal Description

  • Description: & N W PT 188
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: 35.10853 / -89.97756
  • Subdivision: Montgomery Park Place
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2555
  • Bathroom Fixtures: 3
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit

Ownership Info

2542 Park Ave has no associated ownership info
2542 Park Ave has no associated ownership info.

Taxes

2542 Park Ave has 10 associated Taxes items

2542 Park 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 $11,625. The APN we've located for 2542 Park Ave is 06-1023-0-0018.

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Taxes
  • Assessed Value:  $11,625
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  06-1023-0-0018
  • Assessed Land Value:  1500
  • Market Land Value:  6000
  • Tax Amount:  312.71
  • Tax Year:  2025
  • Market Value:  46500
  • Market Year:  2025

Tax History

2542 Park Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,625 Land Value $1,500 Improvement Value $10,125 Tax Amount $312.71 Change Rate +0.246552% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $7,400 Land Value $750 Improvement Value $6,650 Tax Amount $250.86 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $7,400 Land Value $750 Improvement Value $6,650 Tax Amount $250.86 Change Rate -0.443486% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $7,400 Land Value $750 Improvement Value $6,650 Tax Amount $450.77 Change Rate -0.011599% Assessed CR Tax Rate +0.060915%
Year 2021 Assessed Value $7,400 Land Value $750 Improvement Value $6,650 Tax Amount $456.06 Change Rate +0.089853% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $5,775 Land Value $750 Improvement Value $5,025 Tax Amount $418.46 Change Rate +1.267093% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $5,775 Land Value $750 Improvement Value $5,025 Tax Amount $184.58 Change Rate +0.000054% Assessed CR Tax Rate +0.031962%
Year 2018 Assessed Value $5,775 Land Value $750 Improvement Value $5,025 Tax Amount $184.57 Change Rate -0.023077% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $5,775 Land Value $750 Improvement Value $5,025 Tax Amount $188.93 Change Rate -0.062196% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $5,925 Land Value Improvement Value Tax Amount $201.46 Change Rate -0.221922% Assessed CR Tax Rate +0.034002%
Year 2014 Assessed Value $5,925 Land Value Improvement Value Tax Amount $258.92 Change Rate -0.10529% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $289.39 Change Rate Assessed CR Tax Rate