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389 Lucy Ave; Memphis, TN Property Details

389 Lucy Ave, Memphis, TN is a Single Family that was built in 1923. This property is currently a cash purchase and is not for sale. Our records show that 389 Lucy Ave has 2 bedrooms, and 1 bathroom, and a total of 1,069 square feet. The lot size of 389 Lucy Ave is 8,040 square feet.

Off market
389 Lucy Ave Memphis, TN 38106
$7,575 Estimated Value
2 Beds
1 Baths
1,069 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $20,000
  • Est. Equity / %: $61,000 / 100%
  • Gross Yield: 18.334%
  • APN: 01-3054-0-0001
  • Situs County: Shelby
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,069/SqFt
  • Lot: 8,040/SqFt
  • Gross: 1,069/SqFt
  • Living: 1,069/SqFt
  • Building: 1,069/SqFt
  • Ground: 1,069/SqFt
  • Price Per Square Foot: $18.71

Legal Description

  • Description: SS LUCY COR SARDIS SE
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: 35.11386 / -90.049355
  • Subdivision: Randolph
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2936
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Heating: Yes

Ownership Info

389 Lucy Ave has no associated ownership info
389 Lucy Ave has no associated ownership info.

Taxes

389 Lucy Ave has 10 associated Taxes items

389 Lucy 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 $7,575. The APN we've located for 389 Lucy Ave is 01-3054-0-0001.

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Taxes
  • Assessed Value:  $7,575
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-3054-0-0001
  • Assessed Land Value:  1325
  • Market Land Value:  5300
  • Tax Amount:  203.77
  • Tax Year:  2025
  • Market Value:  30300
  • Market Year:  2025

Tax History

389 Lucy Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,575 Land Value $1,325 Improvement Value $6,250 Tax Amount $203.77 Change Rate +0.10289% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $184.76 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $5,450 Land Value $750 Improvement Value $4,700 Tax Amount $184.76 Change Rate -0.443494% Assessed CR Tax Rate +0.033901%
Year 2022 Assessed Value $5,450 Land Value $750 Improvement Value $4,700 Tax Amount $332 Change Rate -0.011611% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $5,450 Land Value $750 Improvement Value $4,700 Tax Amount $335.9 Change Rate -0.157153% Assessed CR Tax Rate +0.061633%
Year 2020 Assessed Value $5,500 Land Value $750 Improvement Value $4,750 Tax Amount $398.53 Change Rate +1.26708% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $5,500 Land Value $750 Improvement Value $4,750 Tax Amount $175.79 Change Rate +0.000057% Assessed CR Tax Rate +0.031962%
Year 2018 Assessed Value $5,500 Land Value $750 Improvement Value $4,750 Tax Amount $175.78 Change Rate -0.023065% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $5,500 Land Value $750 Improvement Value $4,750 Tax Amount $179.93 Change Rate -0.015485% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $5,375 Land Value Improvement Value Tax Amount $182.76 Change Rate -0.221934% Assessed CR Tax Rate +0.034002%
Year 2014 Assessed Value $5,375 Land Value Improvement Value Tax Amount $234.89 Change Rate +0.071432% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $219.23 Change Rate Assessed CR Tax Rate