505 E Olive Ave, Memphis, TN 38106 Property Records

Shelby County property record for 505 E Olive Ave, Memphis, TN 38106

Property Summary

Property Type	Store with Apartments
Details	2,232 sqft · built 1915
Lot Size	0.172 acres (7,500 sqft)
Owner	Individual Name on Record
Tax Bill	$338 (2025)
Deeds & Mortgages	Jul 2017 Transfer Jul 2017 Transfer
Flood Zone	Zone X (minimal risk)
APN	`02-5057-0-0001`

Property Details

APN / Parcel Number

Primary APN	`02-5057-0-0001`

Interior

Stories	1 Story
Building Area	2,232 sqft Gross Area
1st Floor Area	1,107 sqft

Exterior

Year Built	Built 1915
Effective Year Built	Effective 1915
Construction Type	Frame
Fire Resistance	Fireproof Reinforced Concrete
Lot Area	7,500 sqft (0.172 acres)
Lot Dimensions	150 ft deep x 50 ft wide

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Heating Fuel	Gas

Location & Zoning

Street Address	505 E OLIVE AVE
City	MEMPHIS
State	TN
Zip	38106-4302
Property Category	Commercial
Property Type	Commercial > Retail > Store with Apartments
Local Zoning Code	R-6
Legal Description	TO 62 SS OLIVE COR DRIVER SE
Legal Subdivision	BARBOUR
Legal Block	C
Legal Lot Number	PTS58
Jurisdiction	SHELBY TN
Township / Civil Division	8
Census Block Group	3
Census Block	3019
Census Tract	5900

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	505 E OLIVE AVE, MEMPHIS, TN 38106-4302
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jul 24, 2017	Quit Claim Deed, Transfer ATTORNEY ONLY
Jul 24, 2017	Quit Claim Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Sep 20, 2026

July 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SHELBY TN
Recording Date	Jul 24, 2017
Property Address	505 E OLIVE AVE, MEMPHIS, TN 38106-4302
Document Number	0000074920
Instrument Date	Jul 24, 2017
Instrument	74920
Transaction Type	Transfer
Record Updated	Aug 3, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	505 E OLIVE AVE MEMPHIS TN 381064302, MEMPHIS, TN 38106-4302

July 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SHELBY TN
Recording Date	Jul 24, 2017
Property Address	505 E OLIVE AVE, MEMPHIS, TN 38106-4302
Document Number	0000074919
Instrument Date	Jul 24, 2017
Instrument	74919
Transaction Type	Transfer
Record Updated	Aug 3, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	505 E OLIVE AVE MEMPHIS TN 381064302, MEMPHIS, TN 38106-4302

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	$338.00 (-43.76%)	$12,600 (+27.53%) Land $4,960 Building $7,640	$31,500 (+27.53%) Land $12,400 Building $19,100
2023		$9,880 Land $4,960 Building $4,920
2022	$601.00
2021			$24,700 Land $12,400 Building $12,300

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 4, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Low lower than 97% of the US · lower than 97.5% of Tennessee
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 470 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
AT&T Fixed Wireless · DSL	100 / 20

May also be available: T-Mobile.

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