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757 Velma St; Memphis, TN Property Details

757 Velma St, Memphis, TN is a Duplex 2 Units that was built in 1928. This property is currently Financed and is not for sale. Our records show that 757 Velma St has 4 bedrooms, and 2 bathrooms, and a total of 1,566 square feet. The lot size of 757 Velma St is 5,980 square feet.

Off market
755 Velma St Memphis, TN 38104
$82,440 Estimated Value
4 Beds
2 Baths
1,566 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1928
  • Purchase Price: $65,000
  • Open Loans / Balance: 1 / $21,346
  • Est. Equity / %: $219,654 / 91.14%
  • APN: 03-0018-0-0010
  • Situs County: Shelby
  • Length Of Ownership: 24 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 1,566/SqFt
  • Lot: 5,980/SqFt
  • Gross: 1,566/SqFt
  • Garage: 440/SqFt
  • Living: 1,566/SqFt
  • Building: 1,566/SqFt
  • Ground: 1,566/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $41.51

Legal Description

  • Description: WS VELMA 286.9 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: 35.125214 / -89.99623
  • 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
  • Garage: Detached Garage
  • Heating: Yes

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

755 Velma St has no associated ownership info
755 Velma St has no associated ownership info.

Taxes

755 Velma St has 10 associated Taxes items

757 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 $82,440. The APN we've located for 757 Velma St is 03-0018-0-0010.

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Taxes
  • Assessed Value:  $82,440
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-0018-0-0010
  • Assessed Land Value:  34440
  • Market Land Value:  86100
  • Tax Amount:  2217.64
  • Tax Year:  2025
  • Market Value:  206100
  • Market Year:  2025

Tax History

755 Velma St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,440 Land Value $34,440 Improvement Value $48,000 Tax Amount $2,217.64 Change Rate +0.020228% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $64,120 Land Value $17,880 Improvement Value $46,240 Tax Amount $2,173.67 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $64,120 Land Value $17,880 Improvement Value $46,240 Tax Amount $2,173.67 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $64,120 Land Value $17,880 Improvement Value $46,240 Tax Amount $3,905.96 Change Rate -0.011585% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $64,120 Land Value $17,880 Improvement Value $46,240 Tax Amount $3,951.74 Change Rate +0.103092% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $49,440 Land Value $17,880 Improvement Value $31,560 Tax Amount $3,582.42 Change Rate +1.267211% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $49,440 Land Value $17,880 Improvement Value $31,560 Tax Amount $1,580.1 Change Rate +0.000013% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $49,440 Land Value $17,880 Improvement Value $31,560 Tax Amount $1,580.08 Change Rate -0.023086% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $49,440 Land Value $17,880 Improvement Value $31,560 Tax Amount $1,617.42 Change Rate +0.087093% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $43,760 Land Value Improvement Value Tax Amount $1,487.84 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $43,760 Land Value Improvement Value Tax Amount $1,912.31 Change Rate +0.135751% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,683.74 Change Rate Assessed CR Tax Rate