Check Availability

1339 East McLemore Avenue

1339 East McLemore Avenue, Memphis, TN 38106
1 Units For Sale
Unit for sale at 1339 E MCLEMORE, Memphis, TN 38106

$210,000 ↓ $10K

  • Studio
1339 E MCLEMORE, Memphis, TN 38106 Listing by Deborah Posada

1339 East McLemore Avenue in Memphis, TN was first built in 1949 and is 75 years old. This has been categorized as a residential property type. It is a single story home. 1339 East McLemore Avenue has 2,736 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 1,360 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 16,248 square feet.

Learn more about the property and building on this page. There is a covered porch. For those who need parking, there is a detached garage. The garage is 880 sqft. There are a total of 4 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 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 average. 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. 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, 1339 East McLemore Avenue was last sold in Sep 6, 2023 for $128,000. According to our calculations, that's $46.78 per sqft. Prior to that sales transaction, the property was sold for $90,000 in Jan 7, 2020. Current property owners are expected to pay $2,371 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1339 East McLemore Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,920. To break that down further, the land itself was valued at $8,120. While improvements to the property were assessed at a total of $30,800. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181005
10/05/2018
Studio
-
-
$115,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 880
  • Parking Space Count: 4
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 16,248
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,360
  • Total Building Area: 2,736
  • Gross Building Area: 2,816
  • Building Area: 2,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSON
  • Land Acres: 0.373
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SS MCLEMORE AVE SEE MAP J-10

Ownership

  • Current Owner : IENTERPRISE LLC
  • Previous Owner : POPLIFE ENTERPRISES LLC
  • Owner Before Previous Owner: SHINING PATH ENTERPRISES INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: CMU-1

Geography

  • District: O
  • Parcel: 02-6068-0-0002C
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1153
  • Longitude: -90.0175

    Address

  • Full Address: 1339 E Mclemore Ave
  • Address - House Number: 1339
  • Street Direction: E
  • Address - Street Name: Mclemore
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 3403
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,371
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 407,709
  • High Value: 593,138
  • Low Value: 222,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,576
  • First Open Lien Mortgage Lender: CRESTCORE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Oct 12, 2023
  • First Open Lien Mortgage Loan Amount: $184,576
  • First Open Lien Mortgage Term: 5
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 10, 2024

    Market Valuation

  • Market Total Value: $97,300
  • Market Land Value: $20,300
  • Market Improvement Value: $77,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,920
  • Assessed Land Value: $8,120
  • Assessed Improvements Value: $30,800

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914366560
  • Current Sale Price: $128,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 87507
  • Previous Sale Recording Date: Jan 07, 2020
  • Previous Sale Contract Date: Jan 07, 2020
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESTCORE FINANCIAL LLC
  • First Mortgage Transaction Date: Oct 12, 2023
  • First Mortgage Loan Amount: $184,576
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 10, 2024

    Previous Mortgages

  • Previous Mortgage Lender: SHINING PATH ENTERPRISES INC
  • Previous Mortgage Transaction Date: Jan 07, 2020
  • Previous Mortgage Loan Amount: $67,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Depot Planning District



Similar Buildings

Multifamily at 1339 East McLemore Avenue,

1206 Cannon Street

  • 1 Unit for Sale
1206 Cannon Street, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1286 Edith Avenue

  • 1 Unit for Sale
  • 1 Story
1286 Edith Avenue, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1278 Edith Avenue

  • 1 Unit for Sale
  • 1 Story
1278 Edith Avenue, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1436 East McLemore Avenue

  • 1 Unit for Sale
  • 1 Story
1436 East McLemore Avenue, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1119 Walk Place

  • 1 Unit for Sale
1119 Walk Place, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1115 Walk Place

  • 1 Unit for Sale
1115 Walk Place, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1146 Melrose Street

  • 1 Unit for Sale
1146 Melrose Street, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1107 Walk Place

  • 1 Unit for Sale
1107 Walk Place, Memphis, TN 38106
Multifamily at 1339 East McLemore Avenue,

1103 Walk Place

  • 1 Unit for Sale
1103 Walk Place, Memphis, TN 38106

Nearby Rentals

Unit for rent at 775 Melrose, Memphis, TN, 38104

$1,099 /mo

  • Studio
  • 1 Bath
775 Melrose, Memphis, TN, 38104 Listing by Janice Garrett
Unit for rent at 1030 Poplar Ave, Memphis, TN, 38105

$1,075 /mo

  • Studio
  • 1 Bath
  • 430 ft²
1030 Poplar Ave #1030 Poplar Ave - 103021, Memphis, TN, 38105 Listing by Manager
Unit for rent at 669 Adams Avenue, Memphis, TN, 38105

$995 /mo

  • Studio
  • 1 Bath
  • 600 ft²
669 Adams Avenue #669 Adams Avenue #10, Memphis, TN, 38105 Listing by Manager
Unit for rent at 1812-1820 Madison Ave, Memphis, TN, 38104

$1,125 /mo

  • 1 Bed
  • 1 Bath
  • 850 ft²
1812-1820 Madison Ave #1820 Madison Ave Unit 07, Memphis, TN, 38104 Listing by Manager
Unit for rent at 2038 Southern Ave, Memphis, TN, 38104

$1,000 /mo

  • 1 Bed
  • 1 Bath
2038 Southern Ave, Memphis, TN, 38104 Listing by Manager
Unit for rent at 2044 Southern Ave, Memphis, TN, 38114

$1,000 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
2044 Southern Ave #2044 Southern Ave - 7, Memphis, TN, 38114 Listing by Manager
Unit for rent at 1639 Monroe, Memphis, TN, 38104

$1,049 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
1639 Monroe #1639 Monroe Avenue #205, Memphis, TN, 38104 Listing by Manager

Frequently Asked Questions

What neighborhood is 1339 East McLemore Avenue located in?
The 1339 East McLemore Avenue is a multifamily located in the neighborhood of Depot Planning District in Depot Planning District, Memphis.
How many listings are currently for sale in 1339 East McLemore Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1339 East McLemore Avenue?
The average sales price for units in 1339 East McLemore Avenue is $210,000 currently.

Quantcast