Large Location Icon

261 1st Ave; Memphis, TN Property Details

261 1st Ave, Memphis, TN is a Vacant Land General that was built in 1913. This property is currently a cash purchase and is not for sale. Our records show that 261 1st Ave has a total of 873 square feet. The lot size of 261 1st Ave is 7,500 square feet.

Off market
261 1st Ave Memphis, TN 38109
$7,900 Listing Price
873 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1913
  • Purchase Price: $6,500
  • Est. Equity / %: $173,000 / 100%
  • APN: 05-0007-0-0005
  • Situs County: Shelby
  • Length Of Ownership: 2 months

Measurements

  • Total: 873/SqFt
  • Lot: 7,500/SqFt
  • Price Per Square Foot: $7.45

Legal Description

  • Description: SS FIRST
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.09343 / -90.071526
  • Subdivision: Riverside Park
  • Property Class: Vacant
  • Zoning: R-6
  • County Use Code: 000

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1803

Ownership Info

261 1st Ave has no associated ownership info
261 1st Ave has no associated ownership info.

Taxes

261 1st Ave has 10 associated Taxes items

261 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 $1,250. The APN we've located for 261 1st Ave is 05-0007-0-0005.

Unlock the full report
Taxes
  • Assessed Value:  $1,250
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-0007-0-0005
  • Assessed Land Value:  1250
  • Market Land Value:  5000
  • Tax Amount:  33.63
  • Tax Year:  2025
  • Market Value:  5000
  • Market Year:  2025

Tax History

261 1st Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,250 Land Value $1,250 Improvement Value Tax Amount $33.63 Change Rate Assessed CR Tax Rate +0.026904%
Year 2024 Assessed Value $875 Land Value $875 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $875 Land Value $875 Improvement Value Tax Amount $53.3 Change Rate Assessed CR Tax Rate +0.060914%
Year 2022 Assessed Value $875 Land Value $875 Improvement Value Tax Amount $53.3 Change Rate -0.011682% Assessed CR Tax Rate +0.060914%
Year 2021 Assessed Value Land Value Improvement Value Tax Amount $53.93 Change Rate +3.249803% Assessed CR Tax Rate
Year 2020 Assessed Value $875 Land Value $875 Improvement Value Tax Amount $12.69 Change Rate -0.5463% Assessed CR Tax Rate +0.014503%
Year 2019 Assessed Value $875 Land Value $875 Improvement Value Tax Amount $27.97 Change Rate Assessed CR Tax Rate +0.031966%
Year 2018 Assessed Value $875 Land Value $875 Improvement Value Tax Amount $27.97 Change Rate -0.023053% Assessed CR Tax Rate +0.031966%
Year 2017 Assessed Value $875 Land Value $875 Improvement Value Tax Amount $28.63 Change Rate -0.037647% Assessed CR Tax Rate +0.03272%
Year 2016 Assessed Value $875 Land Value Improvement Value Tax Amount $29.75 Change Rate -0.222019% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $875 Land Value Improvement Value Tax Amount $38.24 Change Rate -0.077443% Assessed CR Tax Rate +0.043703%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $41.45 Change Rate Assessed CR Tax Rate