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706 Lester St; Memphis, TN Property Details

706 Lester St, Memphis, TN is a Duplex 2 Units that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 706 Lester St has 2 bedrooms, and 2 bathrooms, and a total of 1,092 square feet. The lot size of 706 Lester St is 8,050 square feet.

Off market
706 Lester St Memphis, TN 38112
$120,500 Listing Price
2 Beds
2 Baths
1,092 SqFt
Property Type
Duplex 2 Units
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1950
  • Purchase Price: $98,700
  • Est. Equity / %: $144,000 / 100%
  • APN: 05-2064-0-0016
  • Situs County: Shelby
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,092/SqFt
  • Lot: 8,050/SqFt
  • Gross: 1,092/SqFt
  • Living: 1,092/SqFt
  • Building: 1,092/SqFt
  • Ground: 1,092/SqFt
  • Price Per Square Foot: $90.38

Legal Description

  • Description: E S LESTER COR FAXON N E
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.151695 / -89.96486
  • Subdivision: Summer Avenue
  • Property Class: Residential
  • Zoning: RU-1
  • County Use Code: 059

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2326
  • Bathroom Fixtures: 6
  • Cooling: Window\Unit
  • Heating: Forced air unit

HOA

  • H O A One Name: Summer Avenue Subdivision, Of The J.P. Carpenter Estate
  • H O A One Type: Home Owner Association
  • H O A Two Name: J.P. Carpenters Est. Summer Avenue Subdivision
  • H O A Two Type: Home Owner Association

Ownership Info

706 Lester St has no associated ownership info
706 Lester St has no associated ownership info.

Taxes

706 Lester St has 10 associated Taxes items

706 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 $27,960. The APN we've located for 706 Lester St is 05-2064-0-0016.

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Taxes
  • Assessed Value:  $27,960
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-2064-0-0016
  • Assessed Land Value:  3600
  • Market Land Value:  9000
  • Tax Amount:  752.12
  • Tax Year:  2025
  • Market Value:  69900
  • Market Year:  2025

Tax History

706 Lester St has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,960 Land Value $3,600 Improvement Value $24,360 Tax Amount $752.12 Change Rate +0.356149% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $16,360 Land Value $1,800 Improvement Value $14,560 Tax Amount $554.6 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $16,360 Land Value $1,800 Improvement Value $14,560 Tax Amount $554.6 Change Rate -0.443502% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $16,360 Land Value $1,800 Improvement Value $14,560 Tax Amount $996.59 Change Rate -0.011594% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $16,360 Land Value $1,800 Improvement Value $14,560 Tax Amount $1,008.28 Change Rate +0.125803% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $12,360 Land Value $1,800 Improvement Value $10,560 Tax Amount $895.61 Change Rate +1.267252% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $12,360 Land Value $1,800 Improvement Value $10,560 Tax Amount $395.02 Change Rate -0.000025% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $12,360 Land Value $1,800 Improvement Value $10,560 Tax Amount $395.03 Change Rate -0.023049% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $12,360 Land Value $1,800 Improvement Value $10,560 Tax Amount $404.35 Change Rate -0.107178% Assessed CR Tax Rate +0.032714%
Year 2016 Assessed Value $13,320 Land Value Improvement Value Tax Amount $452.89 Change Rate -0.221945% Assessed CR Tax Rate +0.034001%
Year 2014 Assessed Value $13,320 Land Value Improvement Value Tax Amount $582.08 Change Rate -0.120752% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $662.02 Change Rate Assessed CR Tax Rate
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