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1347 Busby Avenue

1347 Busby Avenue, Memphis, TN 38127
Property in Alta Vista Stage
Sold Jul 20, 2000
$65,000
$63,472 by Associates Home Equity Loan Co
Mortgage Due Jun 30, 2030
Local assessors in Memphis, TN have categorized 1347 Busby Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 9,450 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1347 Busby Avenue has a total of 1,359 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 284 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 1347 Busby Avenue was last sold in Jun 30, 2000 for $65,000. According to our calculations, that's $47.83 per sqft. Current property owners are expected to pay $860 in taxes per year. The property on 1347 Busby Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $14,325. To break that down further, the land itself was valued at $1,950. While improvements to the property were assessed at a total of $12,375. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 284
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,450
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,359
  • Gross Building Area: 1,359
  • Building Area: 1,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,359
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRAYSER VISTA 2ND ADDN RE
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OF LOTS 1 THRU 3 ALTA VISTA SUBDV & TRACT SUBDV SS BUSBY AVE

Ownership

  • Current Owner : FIELDS LARRY W
  • Current Owner 2: FIELDS LORICE
  • Previous Owner : DELYOUNG FRANKLIN
  • Previous Owner 2: YOUNG MARTHA FORTNER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010120

Zoning

  • Zoning: R-8

Geography

  • District: O
  • Parcel: 07-0021-0-0005
  • Lot: 81
  • Municipality: MEMPHIS
  • Latitude: 35.205
  • Longitude: -90.0187

    Address

  • Full Address: 1347 Busby Ave
  • Address - House Number: 1347
  • Address - Street Name: Busby
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C037
  • 4-Digit Zip Code: 7803
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $860

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 96,043
  • High Value: 119,932
  • Low Value: 72,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,472
  • First Open Lien Mortgage Lender: ASSOCIATES HOME EQUITY LOAN CO
  • First Open Lien Mortgage Recording Date: Jul 20, 2000
  • First Open Lien Mortgage Loan Amount: $63,472
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 30, 2030

    Market Valuation

  • Market Total Value: $57,300
  • Market Land Value: $7,800
  • Market Improvement Value: $49,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,325
  • Assessed Land Value: $1,950
  • Assessed Improvements Value: $12,375

    Sales

  • Current Sale Contract Date: Jun 30, 2000
  • Current Sale Recording Date: Jul 20, 2000
  • Current Sale Transaction ID: 1176509092
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: KJ-2916

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATES HOME EQUITY LOAN CO
  • First Mortgage Transaction Date: Jul 20, 2000
  • First Mortgage Loan Amount: $63,472
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 30, 2030

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 1347 Busby Avenue located in?
The 1347 Busby Avenue is a located in the neighborhood of Alta Vista Stage in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 1347 Busby Avenue?
The average sales price for units in 1347 Busby Avenue is $0 currently.

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