Taxes
- Assessed Value: $89,680
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 03-0018-0-0007
- Assessed Land Value: 34920
- Market Land Value: 87300
- Tax Amount: 2412.39
- Tax Year: 2025
- Market Value: 224200
- Market Year: 2025
741 Velma St; Memphis, TN Property Details
Off market
741 Velma St Memphis, TN 38104
$89,680 Estimated Value
5 Beds
2 Baths
1,895 SqFt
Property Type
Duplex 2 UnitsProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1930
- Est. Equity / %: $325,000 / 100%
- APN: 03-0018-0-0007
- Situs County: Shelby
Rooms
- Bedrooms: 5
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 9
Structure
- Stories: 1
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,895/SqFt
- Lot: 6,821/SqFt
- Gross: 1,895/SqFt
- Living: 1,895/SqFt
- Building: 1,895/SqFt
- Ground: 1,895/SqFt
Legal Description
- Description: WS VELMA 150 FT S OF CENTRAL
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: 35.125572 / -89.996216
- Subdivision: Parkland
- Property Class: Residential
- Zoning: R-6
- County Use Code: 059
Amenities
- Heating Fuel Type: Gas
- Plus Four: 5246
- Bathroom Fixtures: 6
- Cooling: Window\Unit
- Heating: Forced air unit
HOA
- H O A One: $50
- H O A Amount: $50
- H O A One Frequency: Annual
- H O A One Name: Parkland
- H O A One Type: Home Owner Association
Ownership Info
741 Velma St has no associated ownership info
741 Velma St has no associated ownership info.
Taxes
741 Velma St has 10 associated Taxes items
741 Velma 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 $89,680. The APN we've located for 741 Velma St is 03-0018-0-0007.
Unlock the full reportTax History
741 Velma 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 $89,680 | Land Value $34,920 | Improvement Value $54,760 | Tax Amount $2,412.39 | Change Rate +0.071716% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,250.96 | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $66,400 | Land Value $20,400 | Improvement Value $46,000 | Tax Amount $2,250.96 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $66,400 | Land Value $20,400 | Improvement Value $46,000 | Tax Amount $4,044.85 | Change Rate -0.011585% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $66,400 | Land Value $20,400 | Improvement Value $46,000 | Tax Amount $4,092.26 | Change Rate +0.053661% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $53,600 | Land Value $20,400 | Improvement Value $33,200 | Tax Amount $3,883.85 | Change Rate +1.267213% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $53,600 | Land Value $20,400 | Improvement Value $33,200 | Tax Amount $1,713.05 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $53,600 | Land Value $20,400 | Improvement Value $33,200 | Tax Amount $1,713.05 | Change Rate -0.023074% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $53,600 | Land Value $20,400 | Improvement Value $33,200 | Tax Amount $1,753.51 | Change Rate +0.132993% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $45,520 | Land Value | Improvement Value | Tax Amount $1,547.68 | Change Rate -0.221966% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $45,520 | Land Value | Improvement Value | Tax Amount $1,989.22 | Change Rate +0.299566% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,530.68 | Change Rate | Assessed CR | Tax Rate |