Taxes
- Assessed Value: $4,854,480
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 01-1019-0-0002
- Assessed Land Value: 150000
- Market Land Value: 375000
- Tax Amount: 130585.51
- Tax Year: 2025
- Market Value: 12136200
- Market Year: 2025
575 Phelan Ave; Memphis, TN Property Details
Off market
575 Phelan Ave Memphis, TN 38126
$4,854,480 Estimated Value
40,979 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1961
- Purchase Price: $12,250,000
- Open Loans / Balance: 1 / $3,414,427
- APN: 01-1019-0-0002
- Situs County: Shelby
- Length Of Ownership: 2 years, 2 months
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Concrete
- Building Condition: Very Good
- Building Quality: A
Measurements
- Total: 40,979/SqFt
- Lot: 167,270/SqFt
- Gross: 40,979/SqFt
- Living: 40,979/SqFt
- Building: 40,979/SqFt
- Ground: 40,979/SqFt
- Price Per Square Foot: $298.93
Legal Description
- Description: SS PHELAN COR MISSISSIPPI BLVD SE
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Shelby County School District
- Lat / Lon: 35.127213 / -90.04287
- Subdivision: The Railroad Avenue Area
- Property Class: Office
- Zoning: EMP
- County Use Code: 068
Amenities
- Heating Fuel Type: Electric
- Plus Four: 4005
- Cooling: Central
- Heating: Yes
Ownership Info
575 Phelan Ave has no associated ownership info
575 Phelan Ave has no associated ownership info.
Taxes
575 Phelan Ave has 10 associated Taxes items
575 Phelan 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 $4,854,480. The APN we've located for 575 Phelan Ave is 01-1019-0-0002.
Unlock the full reportTax History
575 Phelan Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $4,854,480 | Land Value $150,000 | Improvement Value $4,704,480 | Tax Amount $130,585.51 | Change Rate +1.902323% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $44,993.44 | Change Rate +9.487052% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $253,120 | Land Value $107,800 | Improvement Value $145,320 | Tax Amount $4,290.38 | Change Rate -0.72175% | Assessed CR | Tax Rate +0.01695% |
| Year 2022 | Assessed Value $253,120 | Land Value $107,800 | Improvement Value $145,320 | Tax Amount $15,419.16 | Change Rate -0.011587% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $253,120 | Land Value $107,800 | Improvement Value $145,320 | Tax Amount $15,599.91 | Change Rate +0.014372% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $212,240 | Land Value $107,800 | Improvement Value $104,440 | Tax Amount $15,378.88 | Change Rate +1.267215% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $212,240 | Land Value $107,800 | Improvement Value $104,440 | Tax Amount $6,783.16 | Change Rate +0.000001% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $212,240 | Land Value $107,800 | Improvement Value $104,440 | Tax Amount $6,783.15 | Change Rate -0.023079% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $212,240 | Land Value $107,800 | Improvement Value $104,440 | Tax Amount $6,943.4 | Change Rate +0.06965% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $190,920 | Land Value | Improvement Value | Tax Amount $6,491.28 | Change Rate -0.221968% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $190,920 | Land Value | Improvement Value | Tax Amount $8,343.2 | Change Rate +0.300103% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $6,417.34 | Change Rate | Assessed CR | Tax Rate |