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261 Lucy Ave; Memphis, TN Property Details

261 Lucy Ave, Memphis, TN is a Single Family that was built in 1920. This property is not for sale. Our records show that 261 Lucy Ave has 4 bedrooms, and 1 bathroom, and a total of 2,036 square feet. The lot size of 261 Lucy Ave is 6,560 square feet.

Off market
261 Lucy Ave Memphis, TN 38106
$11,175 Estimated Value
4 Beds
1 Baths
2,036 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Est. Equity / %: $72,000 / 100%
  • Gross Yield: 20.55%
  • APN: 01-3023-0-0002
  • Situs County: Shelby

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,036/SqFt
  • Lot: 6,560/SqFt
  • Gross: 2,036/SqFt
  • Living: 2,036/SqFt
  • Building: 2,036/SqFt
  • Ground: 1,063/SqFt

Legal Description

  • Description: SS LUCY COR PATTON SE
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: 35.114006 / -90.0536
  • Subdivision: Latham & Simpson
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2835
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Central

Ownership Info

261 Lucy Ave has no associated ownership info
261 Lucy Ave has no associated ownership info.

Taxes

261 Lucy Ave has 10 associated Taxes items

261 Lucy 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 $11,175. The APN we've located for 261 Lucy Ave is 01-3023-0-0002.

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Taxes
  • Assessed Value:  $11,175
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-3023-0-0002
  • Assessed Land Value:  1175
  • Market Land Value:  4700
  • Tax Amount:  300.61
  • Tax Year:  2025
  • Market Value:  44700
  • Market Year:  2025

Tax History

261 Lucy Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,175 Land Value $1,175 Improvement Value $10,000 Tax Amount $300.61 Change Rate +0.06838% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $8,300 Land Value $750 Improvement Value $7,550 Tax Amount $281.37 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $8,300 Land Value $750 Improvement Value $7,550 Tax Amount $281.37 Change Rate -0.443504% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $8,300 Land Value $750 Improvement Value $7,550 Tax Amount $505.61 Change Rate -0.011573% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $8,300 Land Value $750 Improvement Value $7,550 Tax Amount $511.53 Change Rate -0.157087% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $8,375 Land Value $750 Improvement Value $7,625 Tax Amount $606.86 Change Rate +1.267195% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $8,375 Land Value $750 Improvement Value $7,625 Tax Amount $267.67 Change Rate +0.000037% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $8,375 Land Value $750 Improvement Value $7,625 Tax Amount $267.66 Change Rate -0.023103% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $8,375 Land Value $750 Improvement Value $7,625 Tax Amount $273.99 Change Rate -0.014247% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $8,175 Land Value Improvement Value Tax Amount $277.95 Change Rate -0.221973% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $8,175 Land Value Improvement Value Tax Amount $357.25 Change Rate +0.111924% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $321.29 Change Rate Assessed CR Tax Rate