618 Shawnee Ave Memphis, TN 38106-6615
Property profile & analytics
618 Shawnee Ave, Memphis, TN 38106-6615
- Apartment buildings
- 5,936 SF
- 0.76 lot acres
Property ID
US80-1972444
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
- Apartment buildings
Property Details for 618 Shawnee Ave
- Year built
- 1950
- Lot size
- 0.76 lot acres
- Zone code
- RU-3
- Property type
- Apartment buildings
- APN
- 049-035- - -00005
- APU
- 4903500005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 24, 2019 | — | Medley Apartments LP | — | Grant Deed · related | $12M · Ladder Cap Fin |
| May 10, 2017 | $1,151,487 | Medley Apartments LP | Aml 1004 LLC | Trustees Deed | $7M · Keybank USA |
| Mar 25, 2015 | $1,248,000 | Aml 1004 LLC | Segal Eileen | Grant Deed | $36.7M · * Other Institutional Lenders |
| Nov 17, 2014 | $1,248,000 | Aml 1004 LLC | Segal,eileen | Grant Deed | $36.7M · * Other Institutional Lenders |
| Dec 19, 2008 | — | Eileen Segal | Epstein,samuel H | Quit Claim Deed · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $740,000
- 6.5%
- $680,000
- 7%
- $635,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $582,000
- AI Estimate
- $498,000
Market price range: $208k - $582kMarket price range: $200k - $498k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $410,000 Current use
- MEDICAL BUILDING
- $850,000 Change: +108% Conversion: Moderate
- OFFICE BUILDING
- $710,000 Change: +74% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $575,000 Change: +41% Conversion: Difficult
- RETAIL STORES
- $495,000 Change: +21% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $435,000 Change: +7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $360,000 Change: -12% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0421
- Latitude
- 35.0988
- 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
$3,957
$19,880
$45,080
$64,960
-
$49,700
$112,700
$162,400
