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3121 Monterrey Sq; Memphis, TN Property Details

3121 Monterrey Sq, Memphis, TN is a Duplex 2 Units that was built in 1972. This property is currently a cash purchase and is not for sale. Our records show that 3121 Monterrey Sq has 4 bedrooms, and 3 bathrooms, and a total of 2,432 square feet. The lot size of 3121 Monterrey Sq is 6,969 square feet.

Off market
3121 Monterrey Sq Memphis, TN 38111
$92,000 Listing Price
4 Beds
3 Baths
2,432 SqFt
Property Type
Duplex 2 Units
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1972
  • Purchase Price: $66,000
  • Est. Equity / %: $112,000 / 100%
  • APN: 04-5088-0-0069
  • Situs County: Shelby
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 2

Structure

  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,432/SqFt
  • Lot: 6,969/SqFt
  • Gross: 2,432/SqFt
  • Living: 2,432/SqFt
  • Building: 2,432/SqFt
  • Ground: 1,172/SqFt
  • Price Per Square Foot: $27.14

Legal Description

  • Description: WS MONTERREY SQUARE
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.11464 / -89.95827
  • Subdivision: Monterrey Square Subdv
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 059

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3103
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Name: Monterrey Square
  • H O A One Type: Home Owner Association

Ownership Info

3121 Monterrey Sq has no associated ownership info
3121 Monterrey Sq has no associated ownership info.

Taxes

3121 Monterrey Sq has 10 associated Taxes items

3121 Monterrey Sq, 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 $41,600. The APN we've located for 3121 Monterrey Sq is 04-5088-0-0069.

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Taxes
  • Assessed Value:  $41,600
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-5088-0-0069
  • Assessed Land Value:  3920
  • Market Land Value:  9800
  • Tax Amount:  1119.04
  • Tax Year:  2025
  • Market Value:  104000
  • Market Year:  2025

Tax History

3121 Monterrey Sq has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,600 Land Value $3,920 Improvement Value $37,680 Tax Amount $1,119.04 Change Rate +0.244719% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $26,520 Land Value $2,040 Improvement Value $24,480 Tax Amount $899.03 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $26,520 Land Value $2,040 Improvement Value $24,480 Tax Amount $899.03 Change Rate -0.443497% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $26,520 Land Value $2,040 Improvement Value $24,480 Tax Amount $1,615.5 Change Rate -0.011588% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $26,520 Land Value $2,040 Improvement Value $24,480 Tax Amount $1,634.44 Change Rate -0.18978% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $27,840 Land Value $2,040 Improvement Value $25,800 Tax Amount $2,017.28 Change Rate +1.267218% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $27,840 Land Value $2,040 Improvement Value $25,800 Tax Amount $889.76 Change Rate +0.000011% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $27,840 Land Value $2,040 Improvement Value $25,800 Tax Amount $889.75 Change Rate -0.023079% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $27,840 Land Value $2,040 Improvement Value $25,800 Tax Amount $910.77 Change Rate -0.152299% Assessed CR Tax Rate +0.032714%
Year 2016 Assessed Value $31,600 Land Value Improvement Value Tax Amount $1,074.4 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $31,600 Land Value Improvement Value Tax Amount $1,380.92 Change Rate +0.273653% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,084.22 Change Rate Assessed CR Tax Rate
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