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642 Melrose St; Memphis, TN Property Details

642 Melrose St, Memphis, TN is a Single Family that was built in 1912. This property is currently Financed and is not for sale. Our records show that 642 Melrose St has 3 bedrooms, and 2.5 bathrooms, and a total of 3,949 square feet. The lot size of 642 Melrose St is 10,019 square feet.

Off market
642 Melrose St Memphis, TN 38104
$664,000 Listing Price
3 Beds
2.5 Baths
3,949 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1912
  • Purchase Price: $664,000
  • Open Loans / Balance: 1 / $476,986
  • Est. Equity / %: $325,014 / 40.53%
  • Gross Yield: 8.581%
  • APN: 01-5004-0-0025
  • Situs County: Shelby
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Stories: 1.5
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,949/SqFt
  • Lot: 10,019/SqFt
  • Gross: 4,549/SqFt
  • Garage: 600/SqFt
  • Living: 3,949/SqFt
  • Building: 4,549/SqFt
  • Ground: 2,550/SqFt
  • Price Per Square Foot: $168.14

Legal Description

  • Description: NS GOODBAR AVENUE COR MELROSE STREET (NE)
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: 35.128883 / -90.01334
  • Subdivision: J M Goodbar
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Plus Four: 4813
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Annual
  • H O A One Name: Goodbar
  • H O A One Type: Home Owner Association

Ownership Info

642 Melrose St has no associated ownership info
642 Melrose St has no associated ownership info.

Taxes

642 Melrose St has 10 associated Taxes items

642 Melrose 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 $193,100. The APN we've located for 642 Melrose St is 01-5004-0-0025.

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Taxes
  • Assessed Value:  $193,100
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-5004-0-0025
  • Assessed Land Value:  25625
  • Market Land Value:  102500
  • Tax Amount:  5194.39
  • Tax Year:  2025
  • Market Value:  772400
  • Market Year:  2025

Tax History

642 Melrose St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $193,100 Land Value $25,625 Improvement Value $167,475 Tax Amount $5,194.39 Change Rate -0.117865% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $173,700 Land Value $20,525 Improvement Value $153,175 Tax Amount $5,888.43 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $173,700 Land Value $20,525 Improvement Value $153,175 Tax Amount $5,888.43 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $173,700 Land Value $20,525 Improvement Value $153,175 Tax Amount $10,581.17 Change Rate +1.245313% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $173,700 Land Value $20,525 Improvement Value $153,175 Tax Amount $4,712.56 Change Rate -0.562484% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $148,650 Land Value $20,525 Improvement Value $128,125 Tax Amount $10,771.16 Change Rate +1.267216% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $148,650 Land Value $20,525 Improvement Value $128,125 Tax Amount $4,750.83 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $148,650 Land Value $20,525 Improvement Value $128,125 Tax Amount $4,750.83 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $148,650 Land Value $20,525 Improvement Value $128,125 Tax Amount $4,863.05 Change Rate +0.110919% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $128,750 Land Value Improvement Value Tax Amount $4,377.5 Change Rate -0.221969% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $139,275 Land Value Improvement Value Tax Amount $5,626.38 Change Rate Assessed CR Tax Rate +0.040398%