287 MontgomeryMemphis, TN 38104

  • Residential income properties
  • 3,444 SF
Off market
$2,434,550 Estimated

Property Details for 287 Montgomery

Year built
1920
Lot size
0.24 AC
Property size (Sq ft)
3,444 SF
Zone code
R-6
Property type
Residential income properties
Property subtype
Garden apartment buildings
APN
020-005- - -00010
APU
2000500010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $615,320
    6.5%
    $567,988
    7%
    $527,417
  • Comparable approach

    Method
    Valuation
    Relative Method
    $416,166
    Geo Method
    $416,166
  • Alternative Use

    Use
    Valuation
    Residential
    $567,988
    Hospitality
    $520,274
    Educational
    $432,862
    Medical
    $447,748
    Retail
    $673,340
287 Montgomery, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1471
Longitude
-90.0194
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
$2,364
$12,280
$26,520
$38,800
-
$30,700
$66,300
$97,000

FAQs

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