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3516 Vernon Ave; Memphis, TN Property Details

3516 Vernon Ave, Memphis, TN is a Single Family that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 3516 Vernon Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,378 square feet. The lot size of 3516 Vernon Ave is 7,500 square feet.

Off market
3516 Vernon Ave Memphis, TN 38122
$18,200 Estimated Value
3 Beds
2 Baths
1,378 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $6,000
  • Est. Equity / %: $99,000 / 100%
  • Gross Yield: 8.036%
  • APN: 04-3071-0-0056
  • Situs County: Shelby
  • Length Of Ownership: 17 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,378/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,378/SqFt
  • Garage: 462/SqFt
  • Living: 1,378/SqFt
  • Building: 1,378/SqFt
  • Ground: 1,378/SqFt
  • Garage Unfinished: 462/SqFt
  • Price Per Square Foot: $4.35

Legal Description

  • Description: NS VERNON
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: 35.166576 / -89.94323
  • Subdivision: E O Bailey
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4942
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central

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

3516 Vernon Ave has no associated ownership info
3516 Vernon Ave has no associated ownership info.

Taxes

3516 Vernon Ave has 10 associated Taxes items

3516 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 $18,200. The APN we've located for 3516 Vernon Ave is 04-3071-0-0056.

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Taxes
  • Assessed Value:  $18,200
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-3071-0-0056
  • Assessed Land Value:  2350
  • Market Land Value:  9400
  • Tax Amount:  489.58
  • Tax Year:  2025
  • Market Value:  72800
  • Market Year:  2025

Tax History

3516 Vernon Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,200 Land Value $2,350 Improvement Value $15,850 Tax Amount $489.58 Change Rate +0.113061% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $12,975 Land Value $1,525 Improvement Value $11,450 Tax Amount $439.85 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $12,975 Land Value $1,525 Improvement Value $11,450 Tax Amount $439.85 Change Rate -0.443503% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $12,975 Land Value $1,525 Improvement Value $11,450 Tax Amount $790.39 Change Rate -0.011592% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $12,975 Land Value $1,525 Improvement Value $11,450 Tax Amount $799.66 Change Rate -0.040347% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $11,500 Land Value $1,275 Improvement Value $10,225 Tax Amount $833.28 Change Rate +1.267182% Assessed CR Tax Rate +0.072459%
Year 2019 Assessed Value $11,500 Land Value $1,275 Improvement Value $10,225 Tax Amount $367.54 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $11,500 Land Value $1,275 Improvement Value $10,225 Tax Amount $367.54 Change Rate -0.023098% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $11,500 Land Value $1,275 Improvement Value $10,225 Tax Amount $376.23 Change Rate +0.046391% Assessed CR Tax Rate +0.032716%
Year 2016 Assessed Value $10,575 Land Value Improvement Value Tax Amount $359.55 Change Rate -0.221972% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,575 Land Value Improvement Value Tax Amount $462.13 Change Rate +0.1366% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $406.59 Change Rate Assessed CR Tax Rate