Check Availability

123 Majuba Avenue

123 Majuba Avenue, Memphis, TN 38109
Multifamily in Riverview
1 Units For Sale
Unit for sale at 123 MAJUBA, Memphis, TN 38109

$170,000

  • Studio
123 MAJUBA, Memphis, TN 38109 Listing by Tyler Tapley

123 Majuba Avenue in Memphis, TN was first built in 1950 and is 74 years old. This has been categorized as a residential property type. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 123 Majuba Avenue has 2,016 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 1,000 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 9,975 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 E. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 123 Majuba Avenue was last sold in Dec 9, 2020 for $95,000. According to our calculations, that's $47.12 per sqft. Prior to that sales transaction, the property was sold for $8,000 in Mar 3, 2017. Current property owners are expected to pay $602 in taxes per year. The property on 123 Majuba Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $9,880. To break that down further, the land itself was valued at $5,400. While improvements to the property were assessed at a total of $4,480. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200922
09/22/2020
Studio
-
-
$125,000
bedrooms
Studio
bathrooms
-
$95,000 -24.00%
12/30/2020
Tyler Tapley

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: E
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,975
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,016
  • Gross Building Area: 2,031
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,016
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPION KOP
  • Land Acres: 0.229
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SS MAJUBA

Ownership

  • Current Owner : GEBEL CORY
  • Previous Owner : ROUSHANIAN ARTHUR
  • Owner Before Previous Owner: CITIMORTGAGE INC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 005300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 5-84
  • District: O
  • Parcel: 03-5042-0-0003
  • Block: 12
  • Lot: 6&7
  • Municipality: MEMPHIS
  • Latitude: 35.0968
  • Longitude: -90.0671

    Address

  • Full Address: 123 Majuba Ave
  • Address - House Number: 123
  • Address - Street Name: Majuba
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 1829
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $602

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 91,883
  • High Value: 133,990
  • Low Value: 49,775

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,000
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 30, 2020
  • First Open Lien Mortgage Loan Amount: $63,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $24,700
  • Market Land Value: $13,500
  • Market Improvement Value: $11,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,880
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $4,480

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Transaction ID: 11809435172
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20144820
  • Previous Sale Recording Date: Mar 06, 2017
  • Previous Sale Contract Date: Mar 03, 2017
  • Previous Sale Amount: $8,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 30, 2020
  • First Mortgage Loan Amount: $63,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About South Memphis Planning Dist



Similar Buildings

Multifamily at 123 Majuba Avenue,

1802 Blair Hunt Drive

  • 1 Unit for Sale
  • 1 Story
1802 Blair Hunt Drive, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

91 Ingle Avenue

  • 1 Unit for Sale
91 Ingle Avenue, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

1679 Kansas Street

  • 1 Unit for Sale
1679 Kansas Street, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

261 1st Avenue

  • 1 Unit for Sale
261 1st Avenue, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

1852 Swift Street

  • 1 Unit for Sale
  • 1 Story
1852 Swift Street, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

2063 Castex Street

  • 1 Unit for Sale
  • 1 Story
2063 Castex Street, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

254 West Person Avenue

  • 1 Unit for Sale
  • 1 Story
254 West Person Avenue, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

2011 Benford Street

  • 1 Unit for Sale
  • 1 Story
2011 Benford Street, Memphis, TN 38109
Multifamily at 123 Majuba Avenue,

1983 Swift Street

  • 1 Unit for Sale
  • 1 Story
1983 Swift Street, Memphis, TN 38109

Nearby Rentals

Unit for rent at 9 East Carolina Avenue Suite 101, Memphis, TN, 38103

$1,220 /mo

  • 1 Bed
  • 1 Bath
  • 728 ft²
9 East Carolina Avenue Suite 101 #9 East Carolina Avenue Suite 101, Memphis, TN, 38103 Listing by Manager

Frequently Asked Questions

What neighborhood is 123 Majuba Avenue located in?
The 123 Majuba Avenue is a multifamily located in the neighborhood of Riverview in South Memphis Planning Dist, Memphis.
How many listings are currently for sale in 123 Majuba Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 123 Majuba Avenue?
The average sales price for units in 123 Majuba Avenue is $125,000 currently.

Quantcast