Large Location Icon

261 N Yates Rd; Memphis, TN Property Details

261 N Yates Rd, Memphis, TN is a Single Family that was built in 1958. This property is currently a cash purchase and is for sale. Our records show that 261 N Yates Rd has 2 bedrooms, and 2 bathrooms, and a total of 1,288 square feet. The lot size of 261 N Yates Rd is 7,500 square feet.

On Market for 37 days
261 N Yates Rd Memphis, TN 38120
$329,500 Listing Price
2 Beds
2 Baths
1,288 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1958
  • Purchase Price: $252,000
  • Est. Equity / %: $280,000 / 100%
  • Gross Yield: 6.719%
  • APN: 06-8059-0-0007
  • Situs County: Shelby
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,288/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,288/SqFt
  • Garage: 444/SqFt
  • Living: 1,288/SqFt
  • Building: 1,288/SqFt
  • Ground: 1,288/SqFt
  • Price Per Square Foot: $195.65
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: 35.138184 / -89.8752
  • Subdivision: Parkview Acres Sec B
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1824
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Name: Parkview Acres
  • H O A One Type: Home Owner Association
  • H O A Two Name: Section A, Parkview Acres Subdivision
  • H O A Two Type: Home Owner Association

Ownership Info

261 N Yates Rd has no associated ownership info
261 N Yates Rd has no associated ownership info.

Taxes

261 N Yates Rd has 10 associated Taxes items

261 N Yates Rd, 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 $59,675. The APN we've located for 261 N Yates Rd is 06-8059-0-0007.

Unlock the full report
Taxes
  • Assessed Value:  $59,675
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  06-8059-0-0007
  • Assessed Land Value:  9000
  • Market Land Value:  36000
  • Tax Amount:  1605.26
  • Tax Year:  2025
  • Market Value:  238700
  • Market Year:  2025

Tax History

261 N Yates Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $59,675 Land Value $9,000 Improvement Value $50,675 Tax Amount $1,605.26 Change Rate +0.087317% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $43,550 Land Value $5,325 Improvement Value $38,225 Tax Amount $1,476.35 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $43,550 Land Value $5,325 Improvement Value $38,225 Tax Amount $1,476.35 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $43,550 Land Value $5,325 Improvement Value $38,225 Tax Amount $2,652.92 Change Rate -0.011587% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $43,550 Land Value $5,325 Improvement Value $38,225 Tax Amount $2,684.02 Change Rate +1.578086% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $32,575 Land Value $8,275 Improvement Value $24,300 Tax Amount $1,041.09 Change Rate Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value $32,575 Land Value $8,275 Improvement Value $24,300 Tax Amount $1,041.09 Change Rate -0.00001% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $32,575 Land Value $8,275 Improvement Value $24,300 Tax Amount $1,041.1 Change Rate -0.023065% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $32,575 Land Value $8,275 Improvement Value $24,300 Tax Amount $1,065.68 Change Rate -0.036325% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $32,525 Land Value Improvement Value Tax Amount $1,105.85 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $32,525 Land Value Improvement Value Tax Amount $1,421.34 Change Rate +0.500729% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $947.1 Change Rate Assessed CR Tax Rate