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503 Charter Ave; Memphis, TN Property Details

503 Charter Ave, Memphis, TN is a Single Family that was built in 1969. This property is currently a cash purchase and is not for sale. Our records show that 503 Charter Ave has 4 bedrooms, and 1 bathroom, and a total of 1,134 square feet. The lot size of 503 Charter Ave is 8,500 square feet.

Off market
503 Charter Ave Memphis, TN 38109
$16,450 Estimated Value
4 Beds
1 Baths
1,134 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1969
  • Purchase Price: $29,000
  • Open Loans / Balance: 1 / $35,822
  • Est. Equity / %: $80,178 / 69.12%
  • Gross Yield: 6.155%
  • APN: 07-5202-0-0004
  • Situs County: Shelby
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,134/SqFt
  • Lot: 8,500/SqFt
  • Gross: 1,134/SqFt
  • Living: 1,134/SqFt
  • Building: 1,134/SqFt
  • Ground: 1,134/SqFt
  • Price Per Square Foot: $25.57
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: 35.01892 / -90.08083
  • Subdivision: Acklena Land Company
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6411
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Name: Acklena Land Company'S Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

503 Charter Ave has no associated ownership info
503 Charter Ave has no associated ownership info.

Taxes

503 Charter Ave has 10 associated Taxes items

503 Charter 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 $16,450. The APN we've located for 503 Charter Ave is 07-5202-0-0004.

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Taxes
  • Assessed Value:  $16,450
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-5202-0-0004
  • Assessed Land Value:  1725
  • Market Land Value:  6900
  • Tax Amount:  442.51
  • Tax Year:  2025
  • Market Value:  65800
  • Market Year:  2025

Tax History

503 Charter Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,450 Land Value $1,725 Improvement Value $14,725 Tax Amount $442.51 Change Rate +0.038049% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $12,575 Land Value $1,125 Improvement Value $11,450 Tax Amount $426.29 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $12,575 Land Value $1,125 Improvement Value $11,450 Tax Amount $426.29 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $12,575 Land Value $1,125 Improvement Value $11,450 Tax Amount $766.02 Change Rate -0.0116% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $12,575 Land Value $1,125 Improvement Value $11,450 Tax Amount $775.01 Change Rate +0.051175% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $10,175 Land Value $1,125 Improvement Value $9,050 Tax Amount $737.28 Change Rate +1.267159% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $10,175 Land Value $1,125 Improvement Value $9,050 Tax Amount $325.2 Change Rate Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $10,175 Land Value $1,125 Improvement Value $9,050 Tax Amount $325.2 Change Rate -0.023042% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $10,175 Land Value $1,125 Improvement Value $9,050 Tax Amount $332.87 Change Rate -0.06313% Assessed CR Tax Rate +0.032714%
Year 2016 Assessed Value $10,450 Land Value Improvement Value Tax Amount $355.3 Change Rate -0.221976% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,450 Land Value Improvement Value Tax Amount $456.67 Change Rate +0.072726% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $425.71 Change Rate Assessed CR Tax Rate