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1161 Azalia Street

1161 Azalia Street, Memphis, TN 38106
Sold Jul 15, 2022
$1,185,000
Sold May 18, 2021
$157,000
$175,000 by Azalia Apartments Llc
Mortgage
1161 Azalia Street in Memphis, TN was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1161 Azalia Street has 5,000 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 650 ft and the linear feet between the front and back of the lot is 1,780. In total, the area measurement of the land is 11,750 square feet.

Learn more about the property and building on this page. There is a unknown. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as poor. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. The property was last sold in Jul 6, 2022 for $1,185,000. That's $237.00 per sqft. Prior to that sales transaction, the property was also sold in May 10, 2021 for $157,000. 1161 Azalia Street was last assessed in 2023. The total value of the property was assessed at $38,280. Specifically, the land the property is located on was valued at $6,800. While improvements on the property were assessed at a total of $31,480. 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 $2,332. 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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,750
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 650
  • Total Building Area: 5,000
  • Gross Building Area: 5,396
  • Building Area: 5,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOWLER
  • Land Acres: 0.27
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: E S MCLEMORE COR AZALIA S W

Ownership

  • Current Owner : LFSMH LLC
  • Previous Owner : AZALIA APARTMENTS LLC
  • Owner Before Previous Owner: BARRY TOMMIE
  • Owner Before Previous Owner 2: BARRY GEORGIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 011500

Zoning

  • Zoning: RU-3

Geography

  • District: O
  • Parcel: 02-6019-0-0005
  • Lot: PT4
  • Municipality: MEMPHIS
  • Latitude: 35.1151
  • Longitude: -90.029

    Address

  • Full Address: 1161 Azalia St
  • Address - House Number: 1161
  • Address - Street Name: Azalia
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C041
  • 4-Digit Zip Code: 3317
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,332

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 407,153
  • High Value: 592,329
  • Low Value: 221,976

    Market Valuation

  • Market Total Value: $95,700
  • Market Land Value: $17,000
  • Market Improvement Value: $78,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,280
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $31,480

    Sales

  • Current Sale Contract Date: Jul 06, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Transaction ID: 11892069571
  • Current Sale Price: $1,185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 78583
  • Previous Sale Recording Date: May 18, 2021
  • Previous Sale Contract Date: May 10, 2021
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AZALIA APARTMENTS LLC
  • Previous Mortgage Transaction Date: May 18, 2021
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Memphis Planning Dist



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Frequently Asked Questions

What neighborhood is 1161 Azalia Street located in?
The 1161 Azalia Street is a located in the neighborhood of Destiny Unlimited in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 1161 Azalia Street?
The average sales price for units in 1161 Azalia Street is $0 currently.

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