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562 Wells Ave; Memphis, TN Property Details

562 Wells Ave, Memphis, TN is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 562 Wells Ave is 5,550 square feet.

Off market
562 Wells Ave Memphis, TN 38107
$1,700 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $9,000
  • Est. Equity / %: $203,000 / 100%
  • APN: 03-9006-0-0018
  • Situs County: Shelby
  • Length Of Ownership: 3 years, 1 months

Measurements

  • Lot: 5,550/SqFt

Legal Description

  • Description: NS WELLS 200 FT E OF SEVENTH
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.17126 / -90.03807
  • Subdivision: Weakley
  • Property Class: Vacant
  • Zoning: MDR
  • County Use Code: 000

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3833

Ownership Info

562 Wells Ave has no associated ownership info
562 Wells Ave has no associated ownership info.

Taxes

562 Wells Ave has 10 associated Taxes items

562 Wells 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 $1,700. The APN we've located for 562 Wells Ave is 03-9006-0-0018.

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Taxes
  • Assessed Value:  $1,700
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-9006-0-0018
  • Assessed Land Value:  1700
  • Market Land Value:  6800
  • Tax Amount:  45.73
  • Tax Year:  2025
  • Market Value:  6800
  • Market Year:  2025

Tax History

562 Wells Ave has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,700 Land Value $1,700 Improvement Value Tax Amount $45.73 Change Rate +1.346331% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $575 Land Value $575 Improvement Value Tax Amount $19.49 Change Rate -0.443461% Assessed CR Tax Rate +0.033896%
Year 2023 Assessed Value $575 Land Value $575 Improvement Value Tax Amount $35.02 Change Rate Assessed CR Tax Rate +0.060904%
Year 2022 Assessed Value $575 Land Value $575 Improvement Value Tax Amount $35.02 Change Rate +1.244872% Assessed CR Tax Rate +0.060904%
Year 2021 Assessed Value $575 Land Value $575 Improvement Value Tax Amount $15.6 Change Rate -0.151251% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $575 Land Value $575 Improvement Value Tax Amount $18.38 Change Rate Assessed CR Tax Rate +0.031965%
Year 2019 Assessed Value $575 Land Value $575 Improvement Value Tax Amount $18.38 Change Rate Assessed CR Tax Rate +0.031965%