296 Adams Ave, Memphis, TN 38103 Property Records

Shelby County property record for 296 Adams Ave, Memphis, TN 38103

Property Summary

Property Type	Auto Repair, Garage
Details	40,102 sqft · built 1950
Lot Size	1.23 acres (54,014 sqft)
Owner	2 Company Names on Record
Last Sale	$6,650,000 (May 2022)
Tax Bill	$56,247 (2025)
Deeds & Mortgages	Jun 2022 Mortgage May 2022 Transfer + 5 more
Flood Zone	Zone X (minimal risk)
APN	`00-2032-0-0006C`

Property Details

APN / Parcel Number

Primary APN	`00-2032-0-0006C`

Interior

Stories	1 Story
Building Area	40,102 sqft Gross Area
1st Floor Area	40,102 sqft
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 1950
Effective Year Built	Effective 2015
Exterior Material	Brick
Construction Type	Frame
Fire Resistance	Fireproof Reinforced Concrete
Lot Area	54,014 sqft

Exterior Amenities

Deck Area	550 sqft
Patio Area	1,264 sqft
Canopy	94 sqft
Loading Dock	Loading Dock

Utilities, Heating & Cooling

Cooling System	HVAC
Heating Fuel	Electric

Location & Zoning

Street Address	296 ADAMS AVE
City	MEMPHIS
State	TN
Zip	38103-1924
Property Category	Commercial
Property Type	Commercial > Retail > Auto Repair, Garage
Local Zoning Code	CBD
Legal Description	NS ADAMS AVE SEE MAP F-07
Legal Subdivision	MEMPHIS
Jurisdiction	SHELBY TN
Township / Civil Division	8
Census Block Group	2
Census Block	2001
Census Tract	11402

Owner

Source: Shelby County records, as of June 2, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Company Names on Record
Mailing Address	16 CRICKET HILL RD, LAFAYETTE, CA 94549-2402
Owner Type	Company
Vesting	Borrower in Default

Deeds, Mortgages & Sale History

Date	Document
Jun 23, 2022	Deed of Trust, Mortgage · Commercial Mortgage BANC OF CALIFORNIA NA
May 12, 2022	Intrafamily Transfer, Transfer FIRST AMERICAN TITLE
Jun 3, 2022	Intrafamily Transfer, Transfer ACCOMMODATION
May 12, 2022	Warranty Deed, Transfer · Commercial Mortgage BANC OF CALIFORNIA NA
May 2, 2019	Trustee's Deed, Construction Loan · Construction Mortgage MAHESH & PUNEET BAKSHI
Sep 12, 2018	Warranty Deed, Transfer CAPSTAR BK
Jan 11, 2018	Deed, Transfer · Line of Credit UNITY BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 12, 2022 · Amount on Record
Deed Sale	May 12, 2022 · Amount on Record
Prior Sale	Sep 12, 2018 · Amount on Record
Deed Document Number	202253688
Prior Transfer Date	Apr 6, 2022
Prior Transfer Doc	0000053687
Record Updated	Sep 20, 2026

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SHELBY TN
Property Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Transaction Type	Mortgage
Record Updated	Jun 15, 2023
Title Company	ACCOMODATION, ACCOMMODATION

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	16 CRICKET HILL RD, LAFAYETTE, CA 94549-2402
Investor	Possibly a Property Investor

Mortgage

Document Number	0022069461
Date	Jun 23, 2022
Instrument	22069461

Lender

Name	BANC OF CALIFORNIA NA
Type	Bank
Address	SANTA ANA, CA 92707

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

May 2022: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	SHELBY TN
Recording Date	May 12, 2022
Property Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Document Number	0022053687
Map Reference	MB 3 PG 113
Instrument Date	Apr 6, 2022
Instrument	22053687
Transaction Type	Transfer
Record Updated	Jul 21, 2023
Title Company	FIRST AMERICAN TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	16 CRICKET HILL RD, LAFAYETTE, CA 94549-2402
Investor	Possibly a Property Investor

June 2022: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	SHELBY TN
Recording Date	Jun 3, 2022
Property Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Document Number	0022062340
Map Reference	MB 3 PG 113
Instrument Date	Mar 30, 2022
Instrument	22062340
Transaction Type	Transfer
Record Updated	Jun 7, 2023
Title Company	ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	16 CRICKET HILL RD, LAFAYETTE, CA 94549-2402
Investor	Possibly a Property Investor

May 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	May 12, 2022
Property Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Document Number	0022053688
Map Reference	MB 3 PG 113
Instrument Date	Aug 31, 2019
Instrument	22053688
Transaction Type	Transfer
Record Updated	Jun 15, 2023
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$24,605.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Investor	Possibly a Property Investor

Mortgage

Document Number	0022053689
Date	May 12, 2022
Instrument	22053689

Lender

Name	BANC OF CALIFORNIA NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

May 2019: Trustee's Deed, Construction Loan

Document Type	Trustee's Deed
Jurisdiction	SHELBY TN
Recording Date	May 2, 2019
Property Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Instrument Date	May 2, 2019
Instrument	43108
Transaction Type	Construction Loan
Record Updated	May 14, 2019
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	296 ADAMS AVE MEMPHIS TN 381031924, MEMPHIS, TN 38103-1924

Mortgage

Document Number	0000043108
Date	May 2, 2019
Instrument	43108

Lender

Name	MAHESH & PUNEET BAKSHI

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	May 1, 2020

September 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	Sep 12, 2018
Property Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Document Number	0000093238
Instrument Date	Aug 31, 2018
Instrument	93238
Transaction Type	Transfer
Record Updated	Sep 25, 2018
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$21,064.99
Amount Accuracy	Confirmed

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Personal Trust
Address	22074 SOLIEL CIR W BOCA RATON FL 334335345, BOCA RATON, FL 33433-5345

Mortgage

Document Number	93279
Date	Sep 12, 2018
Instrument	93279

Lender

Name	CAPSTAR BK
Type	Bank
Address	5500 MARYLAND WAY # 130, BRENTWOOD, TN 37027-4976

Agreement

Amount	Amount Recorded

January 2018: Deed, Transfer

Document Type	Deed
Jurisdiction	SHELBY TN
Recording Date	Jan 11, 2018
Property Address	296 ADAMS AVE, MEMPHIS, TN 38103-1924
Document Number	0018003868
Map Reference	MB3 PG113
Instrument Date	Jan 5, 2018
Instrument	18003868
Transaction Type	Transfer
Record Updated	Jul 6, 2021
Title Company	CHICAGO TITLE INSURANCE CO

Transaction

Amount	Amount Recorded
Tax	$2,960.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	400 WATER ST STE 200, 200, EXCELSIOR, MN 55331-3001

Mortgage

Document Number	0018003869
Date	Jan 11, 2018
Instrument	18003869

Lender

Name	UNITY BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	21 Months
Due	Oct 10, 2019

Tax Assessment & Valuation

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

Type	Name
State	Tennessee
County	Shelby County
Municipality	Memphis City
Unified School District	Shelby County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$56,247.00 (-31.22%)	$2,091,000 (+55.75%) Land $316,600 Building $1,774,400	$5,227,500 (+55.75%) Land $791,500 Building $4,436,000
2023		$1,342,520 Land $263,880 Building $1,078,640
2022	$81,781.00
2021			$3,356,300 Land $659,700 Building $2,696,600

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 4, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MEMPHIS LIGHT, GAS, & WATER serves 659,500 people · EPA ID TN0000450
Water Source	Groundwater
Last State Inspection	Apr 2024
Lead	5 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 206 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75

May also be available: AT&T, T-Mobile.

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