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941 Lee Ave; Memphis, TN Property Details

941 Lee Ave, Memphis, TN is a Duplex 2 Units that was built in 1921. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 941 Lee Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,450 square feet. The lot size of 941 Lee Ave is 5,000 square feet.

Off market
941 Lee Ave Memphis, TN 38107
$25,000 Listing Price
2 Beds
2 Baths
1,450 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1921
  • Purchase Price: $6,900
  • Open Loans / Balance: 1 / $20,778
  • Est. Equity / %: $85,222 / 80.4%
  • Inv. Liens: 2
  • APN: 02-1004-0-0005
  • Situs County: Shelby
  • Length Of Ownership: 18 years, 6 months

Rooms

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

Structure

  • Stories: 1.25
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Poor
  • Building Quality: D
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,450/SqFt
  • Lot: 5,000/SqFt
  • Gross: 2,900/SqFt
  • Garage: 144/SqFt
  • Living: 1,450/SqFt
  • Building: 2,900/SqFt
  • Ground: 1,450/SqFt
  • Price Per Square Foot: $4.76

Legal Description

  • Description: SS LEE 301.8FT E OF AYRES
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: 35.165276 / -90.02596
  • Subdivision: Aeschliman
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 059

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2720
  • Bathroom Fixtures: 6
  • Cooling: Window\Unit
  • Garage: Carport
  • Heating: Yes
  • Parking: 5

Ownership Info

941 Lee Ave has no associated ownership info
941 Lee Ave has no associated ownership info.

Taxes

941 Lee Ave has 10 associated Taxes items

941 Lee Ave, 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 $19,440. The APN we've located for 941 Lee Ave is 02-1004-0-0005.

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Taxes
  • Assessed Value:  $19,440
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  02-1004-0-0005
  • Assessed Land Value:  3120
  • Market Land Value:  7800
  • Tax Amount:  522.94
  • Tax Year:  2025
  • Market Value:  48600
  • Market Year:  2025

Tax History

941 Lee Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,440 Land Value $3,120 Improvement Value $16,320 Tax Amount $522.94 Change Rate +0.600184% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $9,640 Land Value $1,200 Improvement Value $8,440 Tax Amount $326.8 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $9,640 Land Value $1,200 Improvement Value $8,440 Tax Amount $326.8 Change Rate -0.443498% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $9,640 Land Value $1,200 Improvement Value $8,440 Tax Amount $587.24 Change Rate +0.765711% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $9,640 Land Value $1,200 Improvement Value $8,440 Tax Amount $332.58 Change Rate -0.553518% Assessed CR Tax Rate +0.0345%
Year 2020 Assessed Value $10,280 Land Value $1,200 Improvement Value $9,080 Tax Amount $744.89 Change Rate +1.267135% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $10,280 Land Value $1,200 Improvement Value $9,080 Tax Amount $328.56 Change Rate +0.00003% Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $10,280 Land Value $1,200 Improvement Value $9,080 Tax Amount $328.55 Change Rate -0.023074% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $10,280 Land Value $1,200 Improvement Value $9,080 Tax Amount $336.31 Change Rate -0.409827% Assessed CR Tax Rate +0.032715%
Year 2014 Assessed Value $13,040 Land Value Improvement Value Tax Amount $569.85 Change Rate -0.272399% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $783.19 Change Rate Assessed CR Tax Rate