1587 Chelsea Ave Memphis, TN 38108
Vollintine Evergreen NeighborhoodEstimated payment $5,628/month
About This Lot
This Commercial zoned lot has EMP zoning which is one of the most flexible commercial zonings. Possible uses include Daycare, truck parking, funeral services, retail and more! It has 480 feet of Road Frontage on Chelsea. This is a level lot that previously had a structure on it. Call me direct with for more information
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,264
Lot Details
- 5.09 Acre Lot
- Lot Dimensions are 387.11x467.7
- Level Lot
- Property is zoned COMM
Location
- City Lot
Community Details
- Parran Subdivision
Listing and Financial Details
- Assessor Parcel Number 040042 00216
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,264 | $49,040 | $35,520 | $13,520 |
| 2024 | $1,264 | $37,280 | $27,720 | $9,560 |
| 2023 | $2,271 | $37,280 | $27,720 | $9,560 |
| 2022 | $2,271 | $37,280 | $27,720 | $9,560 |
| 2021 | $1,142 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $1,142 | $35,720 | $27,720 | $8,000 |
| 2018 | $1,142 | $35,720 | $27,720 | $8,000 |
| 2017 | $1,169 | $35,720 | $27,720 | $8,000 |
| 2016 | $2,220 | $50,800 | $0 | $0 |
| 2014 | $2,220 | $50,800 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2024 07/16/24 | For Sale | $1,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $142,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $62,000 | Seller Take Back |
Source: Memphis Area Association of REALTORS®
MLS Number: 10177091
APN: 04-0042-0-0216
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