Taxes
- Assessed Value: $11,650
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 05-0056-0-0030
- Assessed Land Value: 2000
- Market Land Value: 8000
- Tax Amount: 313.39
- Tax Year: 2025
- Market Value: 46600
- Market Year: 2025
40 E Fernwood Ave; Memphis, TN Property Details
Off market
40 E Fernwood Ave Memphis, TN 38109
$11,650 Estimated Value
2 Beds
1 Baths
910 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1949
- Purchase Price: $35,500
- Open Loans / Balance: 1 / $4,230
- Est. Equity / %: $115,770 / 96.47%
- Gross Yield: 4.5%
- APN: 05-0056-0-0030
- Situs County: Shelby
- Length Of Ownership: 29 years, 1 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Stories: 1
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 910/SqFt
- Lot: 6,750/SqFt
- Gross: 910/SqFt
- Living: 910/SqFt
- Building: 910/SqFt
- Ground: 910/SqFt
- Price Per Square Foot: $39.01
Legal Description
- Description: NS EAST FERNWOOD
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: 35.092815 / -90.06152
- Subdivision: New South Memphis
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2002
- Bathroom Fixtures: 3
- Cooling: Other
- Heating: Yes
HOA
- H O A One Name: South Memphis Land Companys West Side
- H O A One Type: Home Owner Association
Ownership Info
40 E Fernwood Ave has no associated ownership info
40 E Fernwood Ave has no associated ownership info.
Taxes
40 E Fernwood Ave has 10 associated Taxes items
40 E Fernwood 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 $11,650. The APN we've located for 40 E Fernwood Ave is 05-0056-0-0030.
Unlock the full reportTax History
40 E Fernwood Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $11,650 | Land Value $2,000 | Improvement Value $9,650 | Tax Amount $313.39 | Change Rate +0.279508% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $7,225 | Land Value $1,000 | Improvement Value $6,225 | Tax Amount $244.93 | Change Rate -0.443493% | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $7,225 | Land Value $1,000 | Improvement Value $6,225 | Tax Amount $440.12 | Change Rate | Assessed CR | Tax Rate +0.060916% |
| Year 2022 | Assessed Value $7,225 | Land Value $1,000 | Improvement Value $6,225 | Tax Amount $440.12 | Change Rate -0.011588% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $7,225 | Land Value $1,000 | Improvement Value $6,225 | Tax Amount $445.28 | Change Rate -0.115806% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $6,950 | Land Value $1,000 | Improvement Value $5,950 | Tax Amount $503.6 | Change Rate +1.267243% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $6,950 | Land Value $1,000 | Improvement Value $5,950 | Tax Amount $222.12 | Change Rate -0.000045% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $6,950 | Land Value $1,000 | Improvement Value $5,950 | Tax Amount $222.13 | Change Rate -0.023003% | Assessed CR | Tax Rate +0.031961% |
| Year 2017 | Assessed Value $6,950 | Land Value $1,000 | Improvement Value $5,950 | Tax Amount $227.36 | Change Rate -0.080817% | Assessed CR | Tax Rate +0.032714% |
| Year 2016 | Assessed Value $7,275 | Land Value | Improvement Value | Tax Amount $247.35 | Change Rate -0.221974% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $7,275 | Land Value | Improvement Value | Tax Amount $317.92 | Change Rate +0.123273% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $283.03 | Change Rate | Assessed CR | Tax Rate |