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1387 Linden Avenue

1387 Linden Avenue, Memphis, TN 38104
Property in Central Gardens
Sold Jan 07, 2022
$217,500
$240,000 by Banktennessee
Mortgage Due Jun 09, 2042
1387 Linden Avenue in Memphis, TN was first built in 1920 and is 104 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 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1387 Linden Avenue has 1,528 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 1,520. In total, the area measurement of the land is 7,579 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a carport. 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. 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, 1387 Linden Avenue sold most recently in Dec 21, 2021 for a total of $217,500. If you work out the math, that's approximately a cost of $142.34 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,419 in taxes each year. 1387 Linden Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,125. If we break it down further, the land itself was valued at $8,725. Improvements to the property, however, were assessed at a total of $47,400. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,579
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,528
  • Gross Building Area: 1,616
  • Building Area: 1,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,528
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANIER
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS LINDEN COR PINE SE

Ownership

  • Current Owner : C & J PROPERTY LLC
  • Previous Owner : MACKENZIE SUSAN E
  • Previous Owner 2: STALLWORTH VIRGINIA A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 01-6015-0-0001
  • Block: 19
  • Lot: 1TO3
  • Municipality: MEMPHIS
  • Latitude: 35.1342
  • Longitude: -90.0152

    Address

  • Full Address: 1387 Linden Ave
  • Address - House Number: 1387
  • Address - Street Name: Linden
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 3607
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,419

    Appraisal Valuation

  • Standard Deviation: 0.266
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 283,191
  • High Value: 358,542
  • Low Value: 207,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: BANKTENNESSEE
  • First Open Lien Mortgage Recording Date: Jun 21, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 09, 2042

    Market Valuation

  • Market Total Value: $224,500
  • Market Land Value: $34,900
  • Market Improvement Value: $189,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,125
  • Assessed Land Value: $8,725
  • Assessed Improvements Value: $47,400

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Transaction ID: 11876349459
  • Current Sale Price: $217,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22002733

    Last Sale Mortgage

  • First Mortgage Lender: AVALON CAPITAL THRIFT & LOAN L
  • First Mortgage Transaction Date: Jan 07, 2022
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1387 Linden Avenue located in?
The 1387 Linden Avenue is a located in the neighborhood of Central Gardens in Midtown, Memphis.
What is the average sales price for listings in 1387 Linden Avenue?
The average sales price for units in 1387 Linden Avenue is $0 currently.

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