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1318 Larkin Avenue

1318 Larkin Avenue, Memphis, TN 38104
Property in North Memphis
Sold Oct 06, 2020
$165,000
$162,011 by Community Mortgage Corp
Mortgage Due Oct 01, 2050
Sold Dec 30, 2015
$219,000
$131,400 by Bridge Capital Thrift And Loan
Mortgage Due Jan 01, 2031
1318 Larkin Avenue in Memphis, TN was first built in 2015 and is 9 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1318 Larkin Avenue has 1,248 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 350 ft and the linear feet between the front and back of the lot is 1,033. In total, the area measurement of the land is 3,616 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 414 sqft. There are a total of 2 available parking spaces. 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 D. 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. 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, 1318 Larkin Avenue was last sold in Sep 24, 2020 for $165,000. According to our calculations, that's $99.28 per sqft. Prior to that sales transaction, the property was sold for $219,000 in Dec 18, 2015. Current property owners are expected to pay $2,481 in taxes per year. The property on 1318 Larkin Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $40,725. To break that down further, the land itself was valued at $4,500. While improvements to the property were assessed at a total of $36,225. 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. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 414
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,616
  • Lot Size Depth Feet: 1,033
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,662
  • Gross Building Area: 1,662
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLEVELAND-LARKIN PD
  • Land Acres: 0.083
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: NS LARKIN AVENUE

Ownership

  • Current Owner : BROWN CHANTIA
  • Previous Owner : MIKEL INVESTMENTS USA LLC
  • Owner Before Previous Owner: JBJ PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002500

Zoning

  • Zoning: EMP

Geography

  • Assessors Map Reference: MB 263-011
  • District: O
  • Parcel: 02-0023-A0-0016
  • Lot: 17
  • Municipality: MEMPHIS
  • Latitude: 35.1462
  • Longitude: -90.0161

    Address

  • Full Address: 1318 Larkin Ave
  • Address - House Number: 1318
  • Address - Street Name: Larkin
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C067
  • 4-Digit Zip Code: 7127
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,481

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 255,544
  • High Value: 323,140
  • Low Value: 187,948

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $188,908
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $162,011
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jul 14, 2023
  • Second Open Lien Mortgage Loan Amount: $26,897
  • Second Open Lien Mortgage Term: 326
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $162,900
  • Market Land Value: $18,000
  • Market Improvement Value: $144,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,725
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $36,225

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11789722498
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20108929
  • Previous Sale Recording Date: Dec 30, 2015
  • Previous Sale Contract Date: Dec 18, 2015
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGE CAPITAL THRIFT AND LOAN
  • Previous Mortgage Transaction Date: Dec 30, 2015
  • Previous Mortgage Loan Amount: $131,400
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2031

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Frequently Asked Questions

What neighborhood is 1318 Larkin Avenue located in?
The 1318 Larkin Avenue is a located in the neighborhood of North Memphis in North Memphis, Memphis.
What is the average sales price for listings in 1318 Larkin Avenue?
The average sales price for units in 1318 Larkin Avenue is $0 currently.

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