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1370 Vance Avenue

1370 Vance Avenue, Memphis, TN 38104
Property in Central Gardens
2 Units For Sale
Unit for sale at 1370 VANCE, Memphis, TN 38104

$299,000

  • Studio
1370 VANCE, Memphis, TN 38104 Listing by Devin Buford

Unit for sale at 1370 VANCE, Memphis, TN 38104

$309,999 ↑ $999

  • 4 Beds
  • 3 Baths
1370 VANCE, Memphis, TN 38104 Listing by Devin Buford

1370 Vance Avenue in Memphis, TN was first built in 1935 and is 89 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 bungalow style. There are a total of 2 floors. There are a total of 8 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. 1370 Vance Avenue has 4,711 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 500 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 6,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 276 sqft. There are a total of 2 available parking spaces. 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. 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 central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1370 Vance Avenue sold most recently in Jul 20, 2010 for a total of $107,970. If you work out the math, that's approximately a cost of $21.65 per sqft. Before that, the property was also sold for $240,505 in Sep 17, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,334 in taxes each year. 1370 Vance Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $71,150. If we break it down further, the land itself was valued at $6,900. Improvements to the property, however, were assessed at a total of $64,250. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 276
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,987
  • Gross Building Area: 4,987
  • Building Area: 4,711
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,711
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANIER
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS VANCE

Ownership

  • Current Owner : CHARLES LANNY
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: BROWN MICHAEL

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 1-83
  • District: O
  • Parcel: 01-6014-0-0007
  • Block: 14
  • Lot: 6&7
  • Municipality: MEMPHIS
  • Latitude: 35.1337
  • Longitude: -90.0157

    Address

  • Full Address: 1370 Vance Ave
  • Address - House Number: 1370
  • Address - Street Name: Vance
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 3617
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,334

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 89
  • Final Value: 371,301
  • High Value: 411,739
  • Low Value: 330,863

    Market Valuation

  • Market Total Value: $284,600
  • Market Land Value: $27,600
  • Market Improvement Value: $257,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,150
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $64,250

    Sales

  • Current Sale Contract Date: Jul 20, 2010
  • Current Sale Recording Date: Aug 02, 2010
  • Current Sale Transaction ID: 1176904668
  • Current Sale Price: $107,970
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 10079119
  • Previous Sale Recording Date: Sep 24, 2009
  • Previous Sale Contract Date: Sep 17, 2009
  • Previous Sale Amount: $240,505
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 02, 2010
  • First Mortgage Loan Amount: $106,535
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2040

About Midtown



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Frequently Asked Questions

What neighborhood is 1370 Vance Avenue located in?
The 1370 Vance Avenue is a located in the neighborhood of Central Gardens in Midtown, Memphis.
How many listings are currently for sale in 1370 Vance Avenue?
There are two listings currently on the market for sale.
What is the average sales price for listings in 1370 Vance Avenue?
The average sales price for units in 1370 Vance Avenue is $304,500 currently.

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