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4247 Fairmont Ave; Memphis, TN Property Details

4247 Fairmont Ave, Memphis, TN is a Single Family that was built in 1932. This property is currently Financed and is not for sale. Our records show that 4247 Fairmont Ave has 3 bedrooms, and 1 bathroom, and a total of 1,352 square feet. The lot size of 4247 Fairmont Ave is 6,911 square feet.

Off market
4247 Fairmont Ave Memphis, TN 38108
$28,275 Estimated Value
3 Beds
1 Baths
1,352 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1932
  • Purchase Price: $85,000
  • Open Loans / Balance: 1 / $40,055
  • Est. Equity / %: $117,945 / 74.65%
  • Gross Yield: 7.086%
  • APN: 05-3062-0-0011
  • Situs County: Shelby
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,352/SqFt
  • Lot: 6,911/SqFt
  • Gross: 1,352/SqFt
  • Garage: 720/SqFt
  • Living: 1,352/SqFt
  • Building: 1,352/SqFt
  • Ground: 1,352/SqFt
  • Garage Unfinished: 720/SqFt
  • Price Per Square Foot: $62.87
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: 35.16674 / -89.91907
  • Subdivision: Wells Terrace A,B,C&E
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3628
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Garage
  • Heating: Central

HOA

  • H O A One: $90
  • H O A Two: $90
  • H O A Amount: $180
  • H O A One Name: Wells Terrace
  • H O A One Type: Home Owner Association
  • H O A Two Name: Section A, Wells Terrace Subdivision
  • H O A Two Type: Home Owner Association

Ownership Info

4247 Fairmont Ave has no associated ownership info
4247 Fairmont Ave has no associated ownership info.

Taxes

4247 Fairmont Ave has 10 associated Taxes items

4247 Fairmont 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 $28,275. The APN we've located for 4247 Fairmont Ave is 05-3062-0-0011.

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Taxes
  • Assessed Value:  $28,275
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-3062-0-0011
  • Assessed Land Value:  3800
  • Market Land Value:  15200
  • Tax Amount:  760.6
  • Tax Year:  2025
  • Market Value:  113100
  • Market Year:  2025

Tax History

4247 Fairmont Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,275 Land Value $3,800 Improvement Value $24,475 Tax Amount $760.6 Change Rate +0.274806% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $17,600 Land Value $1,425 Improvement Value $16,175 Tax Amount $596.64 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $17,600 Land Value $1,425 Improvement Value $16,175 Tax Amount $596.64 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $17,600 Land Value $1,425 Improvement Value $16,175 Tax Amount $1,072.13 Change Rate -0.011588% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $17,600 Land Value $1,425 Improvement Value $16,175 Tax Amount $1,084.7 Change Rate +0.088696% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $13,750 Land Value $1,425 Improvement Value $12,325 Tax Amount $996.33 Change Rate +1.267169% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $13,750 Land Value $1,425 Improvement Value $12,325 Tax Amount $439.46 Change Rate Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $13,750 Land Value $1,425 Improvement Value $12,325 Tax Amount $439.46 Change Rate -0.023053% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $13,750 Land Value $1,425 Improvement Value $12,325 Tax Amount $449.83 Change Rate -0.092261% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $14,575 Land Value Improvement Value Tax Amount $495.55 Change Rate -0.221971% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $14,575 Land Value Improvement Value Tax Amount $636.93 Change Rate +0.156184% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $550.89 Change Rate Assessed CR Tax Rate