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314 Shofner Ave; Memphis, TN Property Details

314 Shofner Ave, Memphis, TN is a Single Family that was built in 1954. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 314 Shofner Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 1,824 square feet. The lot size of 314 Shofner Ave is 15,000 square feet.

Off market
314 Shofner Ave Memphis, TN 38109
$35,025 Estimated Value
4 Beds
2.5 Baths
1,824 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1954
  • Purchase Price: $28,000
  • Est. Equity / %: $150,000 / 100%
  • Gross Yield: 9.672%
  • APN: 07-6039-0-0018
  • Situs County: Shelby
  • Length Of Ownership: 15 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,824/SqFt
  • Lot: 15,000/SqFt
  • Gross: 1,824/SqFt
  • Living: 1,824/SqFt
  • Building: 1,824/SqFt
  • Ground: 1,824/SqFt
  • Price Per Square Foot: $15.35

Legal Description

  • Description: AND S PT 21 & PT LAKEVIEW TRACTION R/W
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: 35.032055 / -90.0536
  • Subdivision: Otisdale
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5436
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Name: Third Addition, Section B, Ridgeway Estates (Parcel 7)
  • H O A One Type: Home Owner Association
  • H O A Two Name: Section F, Ridgeway Estates (Parcel 5)
  • H O A Two Type: Home Owner Association

Ownership Info

314 Shofner Ave has no associated ownership info
314 Shofner Ave has no associated ownership info.

Taxes

314 Shofner Ave has 10 associated Taxes items

314 Shofner 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 $35,025. The APN we've located for 314 Shofner Ave is 07-6039-0-0018.

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Taxes
  • Assessed Value:  $35,025
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-6039-0-0018
  • Assessed Land Value:  4625
  • Market Land Value:  18500
  • Tax Amount:  942.17
  • Tax Year:  2025
  • Market Value:  140100
  • Market Year:  2025

Tax History

314 Shofner Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,025 Land Value $4,625 Improvement Value $30,400 Tax Amount $942.17 Change Rate +0.201839% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $23,125 Land Value $3,350 Improvement Value $19,775 Tax Amount $783.94 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $23,125 Land Value $3,350 Improvement Value $19,775 Tax Amount $783.94 Change Rate -0.443501% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $23,125 Land Value $3,350 Improvement Value $19,775 Tax Amount $1,408.7 Change Rate -0.011577% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $23,125 Land Value $3,350 Improvement Value $19,775 Tax Amount $1,425.2 Change Rate +0.1519% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $17,075 Land Value $3,350 Improvement Value $13,725 Tax Amount $1,237.26 Change Rate +1.267207% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $17,075 Land Value $3,350 Improvement Value $13,725 Tax Amount $545.72 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $17,075 Land Value $3,350 Improvement Value $13,725 Tax Amount $545.72 Change Rate -0.023058% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $17,075 Land Value $3,350 Improvement Value $13,725 Tax Amount $558.6 Change Rate -0.120246% Assessed CR Tax Rate +0.032714%
Year 2016 Assessed Value $18,675 Land Value Improvement Value Tax Amount $634.95 Change Rate -0.22197% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $18,675 Land Value Improvement Value Tax Amount $816.1 Change Rate +0.169902% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $697.58 Change Rate Assessed CR Tax Rate