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587 Hernando St; Memphis, TN Property Details

587 Hernando St, Memphis, TN is a Auto Repair/parts/garage that was built in 1946. This property is currently Financed and is not for sale. Our records show that 587 Hernando St has a total of 22,867 square feet. The lot size of 587 Hernando St is 194,800 square feet.

Off market
587 Hernando St Memphis, TN 38126
$336,880 Estimated Value
22,867 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1946
  • Purchase Price: $286,000
  • APN: 01-1006-0-0002
  • Situs County: Shelby
  • Length Of Ownership: 9 years, 3 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Poor
  • Building Quality: E

Measurements

  • Total: 22,867/SqFt
  • Lot: 194,800/SqFt
  • Gross: 22,867/SqFt
  • Living: 22,867/SqFt
  • Building: 22,867/SqFt
  • Ground: 18,547/SqFt
  • Price Per Square Foot: $12.51

Legal Description

  • Description: &139 TO 145&PT 138&PT ALLEY
Building Insights

Land Information

  • Property Type: Auto repair/parts/garage
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.130947 / -90.05303
  • Subdivision: Overton
  • Property Class: Commercial
  • Zoning: SDR
  • County Use Code: 032

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3234
  • Cooling: Central
  • Heating: Yes

Ownership Info

587 Hernando St has no associated ownership info
587 Hernando St has no associated ownership info.

Taxes

587 Hernando St has 10 associated Taxes items

587 Hernando 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 $336,880. The APN we've located for 587 Hernando St is 01-1006-0-0002.

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Taxes
  • Assessed Value:  $336,880
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-1006-0-0002
  • Assessed Land Value:  272760
  • Market Land Value:  681900
  • Tax Amount:  9062.07
  • Tax Year:  2025
  • Market Value:  842200
  • Market Year:  2025

Tax History

587 Hernando St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $336,880 Land Value $272,760 Improvement Value $64,120 Tax Amount $9,062.07 Change Rate +0.131935% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $8,005.82 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $236,160 Land Value $194,720 Improvement Value $41,440 Tax Amount $8,005.82 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $236,160 Land Value $194,720 Improvement Value $41,440 Tax Amount $14,386.01 Change Rate -0.10226% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $236,160 Land Value $194,720 Improvement Value $41,440 Tax Amount $16,024.7 Change Rate -0.115531% Assessed CR Tax Rate +0.067855%
Year 2020 Assessed Value $230,280 Land Value $194,720 Improvement Value $35,560 Tax Amount $18,117.88 Change Rate +1.060834% Assessed CR Tax Rate +0.078678%
Year 2019 Assessed Value $230,280 Land Value $194,720 Improvement Value $35,560 Tax Amount $8,791.53 Change Rate Assessed CR Tax Rate +0.038178%
Year 2018 Assessed Value $230,280 Land Value $194,720 Improvement Value $35,560 Tax Amount $8,791.53 Change Rate -0.019391% Assessed CR Tax Rate +0.038178%
Year 2017 Assessed Value $230,280 Land Value $194,720 Improvement Value $35,560 Tax Amount $8,965.38 Change Rate +1.043736% Assessed CR Tax Rate +0.038933%
Year 2016 Assessed Value $109,920 Land Value Improvement Value Tax Amount $4,386.76 Change Rate -0.086758% Assessed CR Tax Rate +0.039909%
Year 2014 Assessed Value $109,920 Land Value Improvement Value Tax Amount $4,803.5 Change Rate -0.415804% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $8,222.41 Change Rate Assessed CR Tax Rate