Taxes
- Assessed Value: $367,560
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 05-2068-0-0001C
- Assessed Land Value: 57200
- Market Land Value: 143000
- Tax Amount: 9887.36
- Tax Year: 2025
- Market Value: 918900
- Market Year: 2025
650 Lester St; Memphis, TN Property Details
Off market
650 Lester St Memphis, TN 38112
$367,560 Estimated Value
10,396 SqFt
Property Type
MotelProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1985
- Purchase Price: $975,000
- APN: 05-2068-0-0001C
- Situs County: Shelby
- Length Of Ownership: 1 year, 3 months
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Concrete Block
- Building Condition: Good
- Building Quality: C
Measurements
- Total: 10,396/SqFt
- Lot: 61,149/SqFt
- Gross: 10,396/SqFt
- Living: 10,396/SqFt
- Building: 10,396/SqFt
- Ground: 10,396/SqFt
- Price Per Square Foot: $93.79
Legal Description
- Description: SS FAXON AVE COR LESTER ST (SE)
Building Insights
Land Information
- Property Type: Motel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Shelby County School District
- Lat / Lon: 35.150566 / -89.96477
- Subdivision: Summer Ave
- Property Class: Commercial
- Zoning: CMU-3
- County Use Code: 021
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2324
- Cooling: Central
- Heating: Yes
Ownership Info
650 Lester St has no associated ownership info
650 Lester St has no associated ownership info.
Taxes
650 Lester St has 10 associated Taxes items
650 Lester 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 $367,560. The APN we've located for 650 Lester St is 05-2068-0-0001C.
Unlock the full reportTax History
650 Lester St 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 $367,560 | Land Value $57,200 | Improvement Value $310,360 | Tax Amount $9,887.36 | Change Rate | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $274,760 | Land Value $55,880 | Improvement Value $218,880 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $274,760 | Land Value $55,880 | Improvement Value $218,880 | Tax Amount $16,737.39 | Change Rate | Assessed CR | Tax Rate +0.060916% |
| Year 2022 | Assessed Value $274,760 | Land Value $55,880 | Improvement Value $218,880 | Tax Amount $16,737.39 | Change Rate +1.245309% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $274,760 | Land Value $55,880 | Improvement Value $218,880 | Tax Amount $7,454.38 | Change Rate -0.103191% | Assessed CR | Tax Rate +0.027131% |
| Year 2020 | Assessed Value $260,080 | Land Value $55,880 | Improvement Value $204,200 | Tax Amount $8,312.12 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2019 | Assessed Value $260,080 | Land Value $55,880 | Improvement Value $204,200 | Tax Amount $8,312.12 | Change Rate -0.000001% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $260,080 | Land Value $55,880 | Improvement Value $204,200 | Tax Amount $8,312.13 | Change Rate -0.023076% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $260,080 | Land Value $55,880 | Improvement Value $204,200 | Tax Amount $8,508.47 | Change Rate -0.093433% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $276,040 | Land Value | Improvement Value | Tax Amount $9,385.37 | Change Rate -0.221967% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $276,040 | Land Value | Improvement Value | Tax Amount $12,062.95 | Change Rate +0.36366% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,846.01 | Change Rate | Assessed CR | Tax Rate |