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763 Velma St; Memphis, TN Property Details

763 Velma St, Memphis, TN is a Duplex 2 Units that was built in 1928. This property is not for sale. Our records show that 763 Velma St has 2 bedrooms, and 2 bathrooms, and a total of 1,530 square feet. The lot size of 763 Velma St is 5,421 square feet.

Off market
763 Velma St Memphis, TN 38104
$35,225 Estimated Value
2 Beds
2 Baths
1,530 SqFt
Property Type
Duplex 2 Units
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Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1928
  • Open Loans / Balance: 1 / $6,203
  • Est. Equity / %: $198,797 / 96.97%
  • APN: 03-0018-0-0012
  • Situs County: Shelby

Rooms

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

Structure

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

Measurements

  • Total: 1,530/SqFt
  • Lot: 5,421/SqFt
  • Gross: 1,530/SqFt
  • Living: 1,530/SqFt
  • Building: 1,530/SqFt
  • Ground: 1,530/SqFt

Legal Description

  • Description: WS VELMA 375.9 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: 35.12493 / -89.996376
  • 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
  • Fireplaces: 1
  • 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

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

Taxes

763 Velma St has 10 associated Taxes items

763 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 $35,225. The APN we've located for 763 Velma St is 03-0018-0-0012.

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Taxes
  • Assessed Value:  $35,225
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-0018-0-0012
  • Assessed Land Value:  19525
  • Market Land Value:  78100
  • Tax Amount:  947.55
  • Tax Year:  2025
  • Market Value:  140900
  • Market Year:  2025

Tax History

763 Velma St has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,225 Land Value $19,525 Improvement Value $15,700 Tax Amount $947.55 Change Rate +0.044904% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $26,750 Land Value $10,125 Improvement Value $16,625 Tax Amount $906.83 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $26,750 Land Value $10,125 Improvement Value $16,625 Tax Amount $906.83 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $26,750 Land Value $10,125 Improvement Value $16,625 Tax Amount $1,629.52 Change Rate -0.011585% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $30,825 Land Value $10,125 Improvement Value $20,700 Tax Amount $1,648.62 Change Rate +0.017993% Assessed CR Tax Rate +0.053483%
Year 2020 Assessed Value $22,350 Land Value $10,125 Improvement Value $12,225 Tax Amount $1,619.48 Change Rate +1.267227% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $22,350 Land Value $10,125 Improvement Value $12,225 Tax Amount $714.3 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $22,350 Land Value $10,125 Improvement Value $12,225 Tax Amount $714.3 Change Rate -0.023086% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $22,350 Land Value $10,125 Improvement Value $12,225 Tax Amount $731.18 Change Rate -0.154998% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $25,450 Land Value Improvement Value Tax Amount $865.3 Change Rate -0.221971% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $25,450 Land Value Improvement Value Tax Amount $1,112.17 Change Rate +0.823588% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $609.88 Change Rate Assessed CR Tax Rate
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