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687 Melrose St; Memphis, TN Property Details

687 Melrose St, Memphis, TN is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 687 Melrose St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,830 square feet. The lot size of 687 Melrose St is 7,968 square feet.

Off market
687 Melrose St Memphis, TN 38104
$249,500 Listing Price
3 Beds
1.5 Baths
1,830 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1925
  • Purchase Price: $249,500
  • Open Loans / Balance: 1 / $176,429
  • Est. Equity / %: $246,571 / 58.29%
  • Gross Yield: 8.562%
  • APN: 01-5007-0-0010
  • Situs County: Shelby
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 1.25
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: A
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,830/SqFt
  • Lot: 7,968/SqFt
  • Gross: 1,914/SqFt
  • Garage: 129/SqFt
  • Living: 1,830/SqFt
  • Building: 1,830/SqFt
  • Ground: 1,606/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $136.34

Legal Description

  • Description: WS MELROSE 343 FT S OF GOODBAR
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: 35.12754 / -90.0139
  • Subdivision: P P Williams
  • Property Class: Residential
  • Zoning: RU-2
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4815
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central
  • Parking: 6

HOA

  • H O A One: $50
  • H O A Two: $75
  • H O A Amount: $125
  • H O A Two Frequency: Annual
  • H O A One Name: P. P. Williams Subdivision
  • H O A One Type: Home Owner Association
  • H O A Two Name: Goodbar
  • H O A Two Type: Home Owner Association

Ownership Info

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

Taxes

687 Melrose St has 10 associated Taxes items

687 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 $95,100. The APN we've located for 687 Melrose St is 01-5007-0-0010.

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Taxes
  • Assessed Value:  $95,100
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  01-5007-0-0010
  • Assessed Land Value:  21825
  • Market Land Value:  87300
  • Tax Amount:  2558.19
  • Tax Year:  2025
  • Market Value:  380400
  • Market Year:  2025

Tax History

687 Melrose St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $95,100 Land Value $21,825 Improvement Value $73,275 Tax Amount $2,558.19 Change Rate -0.087788% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,804.38 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $82,725 Land Value $17,250 Improvement Value $65,475 Tax Amount $2,804.38 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $82,725 Land Value $17,250 Improvement Value $65,475 Tax Amount $5,039.31 Change Rate +0.115887% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $73,275 Land Value $17,250 Improvement Value $56,025 Tax Amount $4,515.97 Change Rate +0.060829% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $58,750 Land Value $17,250 Improvement Value $41,500 Tax Amount $4,257.02 Change Rate +1.267206% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $58,750 Land Value $17,250 Improvement Value $41,500 Tax Amount $1,877.65 Change Rate +0.000005% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $58,750 Land Value $17,250 Improvement Value $41,500 Tax Amount $1,877.64 Change Rate -0.02308% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $58,750 Land Value $17,250 Improvement Value $41,500 Tax Amount $1,922 Change Rate +0.276779% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $44,275 Land Value Improvement Value Tax Amount $1,505.35 Change Rate -0.221969% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $44,275 Land Value Improvement Value Tax Amount $1,934.82 Change Rate +0.286817% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,503.57 Change Rate Assessed CR Tax Rate