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40 W Georgia Ave; Memphis, TN Property Details

40 W Georgia Ave, Memphis, TN is a Residential General that was built in 2005. This property is currently Financed and is not for sale. Our records show that 40 W Georgia Ave has 4 bedrooms, and 4 bathrooms, and a total of 3,470 square feet. The lot size of 40 W Georgia Ave is 2,677 square feet.

Off market
40 W Georgia Ave Memphis, TN 38103
$620,000 Listing Price
4 Beds
4 Baths
3,470 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2005
  • Purchase Price: $620,000
  • Open Loans / Balance: 1 / $486,664
  • Est. Equity / %: $151,336 / 23.72%
  • Gross Yield: 9.404%
  • APN: 00-2091-C0-0001
  • Situs County: Shelby
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 7

Structure

  • Stories: 3
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: B

Measurements

  • Total: 3,470/SqFt
  • Lot: 2,677/SqFt
  • Gross: 3,974/SqFt
  • Garage: 504/SqFt
  • Living: 3,470/SqFt
  • Building: 3,974/SqFt
  • Ground: 1,268/SqFt
  • Price Per Square Foot: $178.67

Legal Description

  • Description: NS GEORGIA AVE COR TENNESSEE STREET (NE) SEE MAP 138 G
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.129555 / -90.0626
  • Subdivision: South End South Phase 2
  • Property Class: Residential
  • Zoning: BR
  • County Use Code: 251

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4706
  • Bathroom Fixtures: 17
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

40 W Georgia Ave has no associated ownership info
40 W Georgia Ave has no associated ownership info.

Taxes

40 W Georgia Ave has 10 associated Taxes items

40 W Georgia 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 $153,975. The APN we've located for 40 W Georgia Ave is 00-2091-C0-0001.

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Taxes
  • Assessed Value:  $153,975
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  00-2091-C0-0001
  • Assessed Land Value:  28750
  • Market Land Value:  115000
  • Tax Amount:  4141.93
  • Tax Year:  2025
  • Market Value:  615900
  • Market Year:  2025

Tax History

40 W Georgia Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $153,975 Land Value $28,750 Improvement Value $125,225 Tax Amount $4,141.93 Change Rate -0.075788% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $132,200 Land Value $15,000 Improvement Value $117,200 Tax Amount $4,481.58 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $132,200 Land Value $15,000 Improvement Value $117,200 Tax Amount $4,481.58 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $132,200 Land Value $15,000 Improvement Value $117,200 Tax Amount $8,053.16 Change Rate +1.245309% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $132,200 Land Value $15,000 Improvement Value $117,200 Tax Amount $3,586.66 Change Rate +0.059468% Assessed CR Tax Rate +0.027131%
Year 2020 Assessed Value $105,925 Land Value $15,000 Improvement Value $90,925 Tax Amount $3,385.34 Change Rate Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value $105,925 Land Value $15,000 Improvement Value $90,925 Tax Amount $3,385.34 Change Rate -0.000003% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $105,925 Land Value $15,000 Improvement Value $90,925 Tax Amount $3,385.35 Change Rate -0.023074% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $105,925 Land Value $15,000 Improvement Value $90,925 Tax Amount $3,465.31 Change Rate +0.165809% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $87,425 Land Value Improvement Value Tax Amount $2,972.45 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $87,425 Land Value Improvement Value Tax Amount $3,820.47 Change Rate +0.101908% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,467.14 Change Rate Assessed CR Tax Rate