2931 Park Ave Memphis, TN 38114-2726
Property profile & analytics
2931 Park Ave, Memphis, TN 38114-2726
- Garden apartment buildings
- 8,410 SF
- 0.88 lot acres
Property ID
US80-0451459
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Garden apartment buildings
Property Details for 2931 Park Ave
- Year built
- 1940
- Lot size
- 0.88 lot acres
- Zone code
- CMU-1
- Property type
- Garden apartment buildings
- APN
- 059-002- - -00003-C
- APU
- 05900200003C
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 6, 2018 | $650,000 | Peter W Wofford | 2931 Park Ave LLC | Warranty Deed | $393k · Triumph Bk |
| Jan 9, 2017 | — | 2931 Park Avenue LLC | — | Deed · related | $345k · Financial Fed'l Bk |
| Jun 28, 2016 | — | 2931 Park Avenue LLC | — | Deed · related | $175k · Metal Images INC |
| Apr 30, 2014 | $60,000 | 2931 Park Ave LLC | National Ln Investors LP | Warranty Deed | $15k · National Ln Investors |
| Dec 19, 2013 | $125,000 | National Ln Investors LP | Abney T Robert | Trustees Deed | — |
| Apr 3, 2012 | — | Avery Austin Park Avenue LLC | Adams,terrence | Quit Claim Deed · related | — |
| Feb 23, 2012 | $225,000 | Terrance Adams | Brown Bark III LP | Grant Deed | $203k · Brown Bark III LP |
| Jul 15, 2009 | $250,000 | Brown Bark III | Crider Adam C | Trustees Deed | — |
| Jan 23, 2003 | — | Ave Apartments LLP Park | Oasis Partnership | Quit Claim Deed · related | — |
| — | — | 2931 Park Avenue LLC | — | Deed Of Trust · related | $125k · Metal Images INC |
| — | — | 2931 Park Avenue LLC | — | Loan Modification · related | $175k · Metal Images INC |
| — | — | Oasis Partnership | — | Deed Of Trust · related | $460k · Enterprise National Bank |
| — | — | 2931 Park Avenue LLC | — | Deed Of Trust · related | $345k · Financial Fed'l Bk |
| — | — | 2931 Park Avenue LLC | — | Deed Of Trust · related | $15k · National Ln Investors |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $965,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $836,000
- AI Estimate
- $632,000
Market price range: $167k - $836kMarket price range: $167k - $632k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $535,000 Current use
- MEDICAL BUILDING
- $1,205,000 Change: +126% Conversion: Moderate
- OFFICE BUILDING
- $1,005,000 Change: +88% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $815,000 Change: +53% Conversion: Difficult
- RETAIL STORES
- $700,000 Change: +31% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $615,000 Change: +16% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $510,000 Change: -5% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9649
- Latitude
- 35.1075
- 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
$15,383
$18,560
$233,960
$252,520
-
$46,400
$584,900
$631,300
