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498 N 5th St; Memphis, TN Property Details

498 N 5th St, Memphis, TN is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 498 N 5th St has 3 bedrooms, and 1 bathroom, and a total of 1,440 square feet. The lot size of 498 N 5th St is 5,662 square feet.

Off market
498 N 5th St Memphis, TN 38105
$185,000 Listing Price
3 Beds
1 Baths
1,440 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1923
  • Purchase Price: $185,000
  • Open Loans / Balance: 1 / $145,462
  • Est. Equity / %: $43,538 / 23.04%
  • Gross Yield: 11.054%
  • APN: 00-1092-0-0020
  • Situs County: Shelby
  • Length Of Ownership: 2 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,440/SqFt
  • Lot: 5,662/SqFt
  • Gross: 1,440/SqFt
  • Living: 1,440/SqFt
  • Building: 1,440/SqFt
  • Ground: 1,440/SqFt
  • Price Per Square Foot: $128.47

Legal Description

  • Description: STRIP ES FIFTH 311.1 FT N OF AUCTION
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: 35.15682 / -90.04226
  • Subdivision: Greenlaw
  • Property Class: Residential
  • Zoning: MDR
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1802
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Central

Ownership Info

498 N 5th St has no associated ownership info
498 N 5th St has no associated ownership info.

Taxes

498 N 5th St has 10 associated Taxes items

498 N 5th St, 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 $46,275. The APN we've located for 498 N 5th St is 00-1092-0-0020.

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Taxes
  • Assessed Value:  $46,275
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  00-1092-0-0020
  • Assessed Land Value:  2125
  • Market Land Value:  8500
  • Tax Amount:  1244.8
  • Tax Year:  2025
  • Market Value:  185100
  • Market Year:  2025

Tax History

498 N 5th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,275 Land Value $2,125 Improvement Value $44,150 Tax Amount $1,244.8 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $12,500 Land Value $1,125 Improvement Value $11,375 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $12,500 Land Value $1,125 Improvement Value $11,375 Tax Amount $423.75 Change Rate -0.443503% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $12,500 Land Value $1,125 Improvement Value $11,375 Tax Amount $761.46 Change Rate -0.011592% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $12,500 Land Value $1,125 Improvement Value $11,375 Tax Amount $770.39 Change Rate +0.024755% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $10,375 Land Value $750 Improvement Value $9,625 Tax Amount $751.78 Change Rate +1.267266% Assessed CR Tax Rate +0.072461%
Year 2019 Assessed Value $10,375 Land Value $750 Improvement Value $9,625 Tax Amount $331.58 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $10,375 Land Value $750 Improvement Value $9,625 Tax Amount $331.58 Change Rate -0.023069% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $10,375 Land Value $750 Improvement Value $9,625 Tax Amount $339.41 Change Rate -0.016488% Assessed CR Tax Rate +0.032714%
Year 2016 Assessed Value $10,150 Land Value Improvement Value Tax Amount $345.1 Change Rate -0.221977% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,150 Land Value Improvement Value Tax Amount $443.56 Change Rate +0.04193% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $425.71 Change Rate Assessed CR Tax Rate