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1097 Vance Avenue

1097 Vance Avenue, Memphis, TN 38104
Property in New Pathways
Sold Apr 02, 2015
$137,000
$134,518 by Community Mortgage Corp
Mortgage Due May 01, 2045
Sold Feb 14, 2006
$25,000
$25,000 by Cadence Bank
Mortgage Due May 07, 2006
1097 Vance Avenue in Memphis, TN was first built in 1912 and is 112 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1097 Vance Avenue has 2,726 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 200 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 2,660 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 1, 2015 for $137,000. That's $50.26 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2006 for $25,000. 1097 Vance Avenue was last assessed in 2022. The total value of the property was assessed at $48,425. Specifically, the land the property is located on was valued at $1,400. While improvements on the property were assessed at a total of $47,025. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,950. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,660
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 200
  • Total Building Area: 2,726
  • Gross Building Area: 2,726
  • Building Area: 2,726
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,726
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTMORELAND
  • Land Acres: 0.061
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS VANCE

Ownership

  • Current Owner : AMOS SHELBY D
  • Previous Owner : WILLOUGHBY ANTHONY B
  • Previous Owner 2: RAY ALVIN
  • Owner Before Previous Owner: CADENCE BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003700

Zoning

  • Zoning: RU-3

Geography

  • Assessors Map Reference: MB 4-18
  • District: O
  • Parcel: 01-8037-0-0005
  • Block: 3
  • Lot: 4
  • Municipality: MEMPHIS
  • Latitude: 35.1336
  • Longitude: -90.0251

    Address

  • Full Address: 1097 Vance Ave
  • Address - House Number: 1097
  • Address - Street Name: Vance
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C043
  • 4-Digit Zip Code: 3363
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,950

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 308,837
  • High Value: 375,964
  • Low Value: 241,710

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $173,418
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 02, 2015
  • First Open Lien Mortgage Loan Amount: $134,518
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2045
  • Second Open Lien Mortgage Lender: SOUTHERN SECURITY FCU
  • Second Open Lien Mortgage Recording Date: May 09, 2018
  • Second Open Lien Mortgage Loan Amount: $38,900
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2033

    Market Valuation

  • Market Total Value: $193,700
  • Market Land Value: $5,600
  • Market Improvement Value: $188,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,425
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $47,025

    Sales

  • Current Sale Contract Date: Apr 01, 2015
  • Current Sale Recording Date: Apr 02, 2015
  • Current Sale Transaction ID: 1176890670
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15029753
  • Previous Sale Recording Date: Feb 14, 2006
  • Previous Sale Contract Date: Feb 07, 2006
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 02, 2015
  • First Mortgage Loan Amount: $134,518
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CADENCE BANK
  • Previous Mortgage Transaction Date: Feb 14, 2006
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 2
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: May 07, 2006

About Midtown



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Frequently Asked Questions

What neighborhood is 1097 Vance Avenue located in?
The 1097 Vance Avenue is a located in the neighborhood of New Pathways in Midtown, Memphis.
What is the average sales price for listings in 1097 Vance Avenue?
The average sales price for units in 1097 Vance Avenue is $0 currently.

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