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3387 Vernon Ave; Memphis, TN Property Details

3387 Vernon Ave, Memphis, TN is a Duplex 2 Units that was built in 1964. This property is currently Financed and is not for sale. Our records show that 3387 Vernon Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,484 square feet. The lot size of 3387 Vernon Ave is 7,500 square feet.

Off market
3385 Vernon Ave Memphis, TN 38122
$12,000 Listing Price
4 Beds
2 Baths
1,484 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1964
  • Purchase Price: $79,900
  • Open Loans / Balance: 1 / $107,913
  • Est. Equity / %: $27,087 / 20.06%
  • APN: 04-3056-0-0003
  • Situs County: Shelby
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 1,484/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,484/SqFt
  • Living: 1,484/SqFt
  • Building: 1,484/SqFt
  • Ground: 1,484/SqFt
  • Price Per Square Foot: $53.84

Legal Description

  • Description: SS VERNON
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: 35.16774 / -89.94775
  • Subdivision: E O Bailey
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 059

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1160
  • Bathroom Fixtures: 6
  • Cooling: Window\Unit
  • Heating: Forced air unit

HOA

  • H O A One Name: E.O. Bailey Land Company Subdivision
  • H O A One Type: Home Owner Association
  • H O A Two Name: E. O. Bailey
  • H O A Two Type: Home Owner Association

Ownership Info

3385 Vernon Ave has no associated ownership info
3385 Vernon Ave has no associated ownership info.

Taxes

3385 Vernon Ave has 10 associated Taxes items

3387 Vernon 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 $29,880. The APN we've located for 3387 Vernon Ave is 04-3056-0-0003.

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Taxes
  • Assessed Value:  $29,880
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-3056-0-0003
  • Assessed Land Value:  4400
  • Market Land Value:  11000
  • Tax Amount:  803.77
  • Tax Year:  2025
  • Market Value:  74700
  • Market Year:  2025

Tax History

3385 Vernon Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,880 Land Value $4,400 Improvement Value $25,480 Tax Amount $803.77 Change Rate +0.219644% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $659.02 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $19,440 Land Value $1,800 Improvement Value $17,640 Tax Amount $659.02 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $19,440 Land Value $1,800 Improvement Value $17,640 Tax Amount $1,184.22 Change Rate -0.011577% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $19,440 Land Value $1,800 Improvement Value $17,640 Tax Amount $1,198.09 Change Rate -0.025087% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $16,960 Land Value $1,800 Improvement Value $15,160 Tax Amount $1,228.92 Change Rate +1.267213% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $16,960 Land Value $1,800 Improvement Value $15,160 Tax Amount $542.04 Change Rate -0.000018% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $16,960 Land Value $1,800 Improvement Value $15,160 Tax Amount $542.05 Change Rate -0.023052% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $16,960 Land Value $1,800 Improvement Value $15,160 Tax Amount $554.84 Change Rate -0.101386% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $18,160 Land Value Improvement Value Tax Amount $617.44 Change Rate +0.244839% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $11,350 Land Value Improvement Value Tax Amount $496 Change Rate -0.462179% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $922.24 Change Rate Assessed CR Tax Rate