981 7thMemphis, TN 38107
- Residential income properties
- 2,912 SF
Off market
$2,204,090 Estimated
Property Details for 981 7th
- Year built
- 1960
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 2,912 SF
- Zone code
- MDR
- Property type
- Residential income properties
- Property subtype
- Garden apartment buildings
- APN
- 022-022- - -00010
- APU
- 2202200010
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $520,271
- 6.5%
- $480,250
- 7%
- $445,946
-
Comparable approach
- Method
- Valuation
- Relative Method
- $351,880
- Geo Method
- $351,880
-
Alternative Use
- Use
- Valuation
- Residential
- $480,250
- Hospitality
- $439,906
- Educational
- $365,997
- Medical
- $378,584
- Retail
- $569,328
981 7th, Memphis, Tennessee
Location Insight
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.1684
- Longitude
- -90.0386
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$772
$9,640
$3,040
$12,680
-
$24,100
$7,600
$31,700
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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