Taxes
- Assessed Value: $11,000
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 03-9006-0-0013
- Assessed Land Value: 1700
- Market Land Value: 6800
- Tax Amount: 295.9
- Tax Year: 2025
- Market Value: 44000
- Market Year: 2025
588 Wells Ave; Memphis, TN Property Details
Off market
588 Wells Ave Memphis, TN 38107
$75,000 Listing Price
3 Beds
1 Baths
1,350 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1920
- Purchase Price: $45,000
- Open Loans / Balance: 1 / $25,865
- Est. Equity / %: $61,135 / 70.27%
- Gross Yield: 19.131%
- APN: 03-9006-0-0013
- Situs County: Shelby
- Length Of Ownership: 20 years
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 7
Structure
- Stories: 1
- Exterior Wall Type: Other
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,350/SqFt
- Lot: 5,550/SqFt
- Gross: 1,350/SqFt
- Living: 1,350/SqFt
- Building: 1,350/SqFt
- Ground: 1,350/SqFt
- Price Per Square Foot: $33.33
Legal Description
- Description: NS WELLS 275 FT W OF THOMAS
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: 35.1713 / -90.03719
- Subdivision: Weakley
- Property Class: Residential
- Zoning: MDR
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3833
- Bathroom Fixtures: 3
- Garage: Carport
- Heating: Forced air unit
- Parking: 1
Ownership Info
588 Wells Ave has no associated ownership info
588 Wells Ave has no associated ownership info.
Taxes
588 Wells Ave has 10 associated Taxes items
588 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 $11,000. The APN we've located for 588 Wells Ave is 03-9006-0-0013.
Unlock the full reportTax History
588 Wells 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 $11,000 | Land Value $1,700 | Improvement Value $9,300 | Tax Amount $295.9 | Change Rate +0.39103% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $6,275 | Land Value $575 | Improvement Value $5,700 | Tax Amount $212.72 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $6,275 | Land Value $575 | Improvement Value $5,700 | Tax Amount $212.72 | Change Rate -0.443506% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $6,275 | Land Value $575 | Improvement Value $5,700 | Tax Amount $382.25 | Change Rate -0.01161% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $6,275 | Land Value $575 | Improvement Value $5,700 | Tax Amount $386.74 | Change Rate +0.089224% | Assessed CR | Tax Rate +0.061632% |
| Year 2020 | Assessed Value $4,900 | Land Value $575 | Improvement Value $4,325 | Tax Amount $355.06 | Change Rate +1.267016% | Assessed CR | Tax Rate +0.072461% |
| Year 2019 | Assessed Value $4,900 | Land Value $575 | Improvement Value $4,325 | Tax Amount $156.62 | Change Rate +0.000064% | Assessed CR | Tax Rate +0.031963% |
| Year 2018 | Assessed Value $4,900 | Land Value $575 | Improvement Value $4,325 | Tax Amount $156.61 | Change Rate -0.02308% | Assessed CR | Tax Rate +0.031961% |
| Year 2017 | Assessed Value $4,900 | Land Value $575 | Improvement Value $4,325 | Tax Amount $160.31 | Change Rate -0.097608% | Assessed CR | Tax Rate +0.032716% |
| Year 2016 | Assessed Value $5,225 | Land Value | Improvement Value | Tax Amount $177.65 | Change Rate -0.221959% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $5,225 | Land Value | Improvement Value | Tax Amount $228.33 | Change Rate +0.110123% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $205.68 | Change Rate | Assessed CR | Tax Rate |