740 E Mclemore Ave Memphis, TN 38106
South Memphis Neighborhood
Studio
--
Bath
2,215
Sq Ft
8,538
Sq Ft Lot
About This Home
This home is located at 740 E Mclemore Ave, Memphis, TN 38106. 740 E Mclemore Ave is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Believe Memphis Academy Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2021
Sold by
Financial Planning Group Of Memphis Inc
Bought by
Mohamed Obsa Abrahim
Purchase Details
Closed on
Dec 3, 2019
Sold by
Ahmed Mohamud M
Bought by
Financial Planning Group Of Memphis Inc
Purchase Details
Closed on
Oct 4, 2011
Sold by
Hassan Abdi M
Bought by
Ahmed Mohamud M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.26%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 11, 2007
Sold by
Abdi Abdi A
Bought by
Hassan Abdi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,500
Interest Rate
6.26%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 9, 2007
Sold by
Finley Dorothy B
Bought by
Abdi Abdi A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.07%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2002
Sold by
Baker John A
Bought by
Finley Dorothy B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mohamed Obsa Abrahim | -- | Quality Title Group | |
| Financial Planning Group Of Memphis Inc | $59,741 | None Available | |
| Ahmed Mohamud M | $80,000 | None Available | |
| Hassan Abdi M | $140,000 | None Available | |
| Abdi Abdi A | $130,000 | None Available | |
| Finley Dorothy B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ahmed Mohamud M | $60,000 | |
| Previous Owner | Hassan Abdi M | $243,500 | |
| Previous Owner | Abdi Abdi A | $80,000 |
Source: Public Records
Tax History Compared to Growth
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 | $994 | $34,880 | $6,320 | $28,560 |
| 2024 | $994 | $29,320 | $5,960 | $23,360 |
| 2023 | $1,786 | $29,320 | $5,960 | $23,360 |
| 2022 | $1,786 | $29,320 | $5,960 | $23,360 |
| 2021 | $2,123 | $29,320 | $5,960 | $23,360 |
| 2020 | $1,765 | $24,360 | $5,960 | $18,400 |
| 2019 | $779 | $24,360 | $5,960 | $18,400 |
| 2018 | $779 | $24,360 | $5,960 | $18,400 |
| 2017 | $797 | $24,360 | $5,960 | $18,400 |
| 2016 | $1,162 | $26,600 | $0 | $0 |
| 2014 | $1,162 | $26,600 | $0 | $0 |
Source: Public Records
Map
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