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1540 Netherwood Avenue

1540 Netherwood Avenue, Memphis, TN 38106
House in Glenview
Sold Jun 06, 2019
$65,000
Buyer
Seller
$63,822 by Bancorpsouth Bank
Mortgage Due Jun 01, 2049
Sold Apr 25, 2017
$35,500
1540 Netherwood Avenue in Memphis, TN was first built in 1927 and is 97 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. 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. 1540 Netherwood Avenue has 1,525 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 1,430. In total, the area measurement of the land is 7,150 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. 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 fair. 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. 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, 1540 Netherwood Avenue was last sold in May 31, 2019 for $65,000. According to our calculations, that's $42.62 per sqft. Prior to that sales transaction, the property was sold for $35,500 in Apr 19, 2017. Current property owners are expected to pay $1,100 in taxes per year. The property on 1540 Netherwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $18,050. To break that down further, the land itself was valued at $1,425. While improvements to the property were assessed at a total of $16,625. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Bungalow
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,525
  • Gross Building Area: 1,525
  • Building Area: 1,525
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,525
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHEN TERR
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS NETHERWOOD

Ownership

  • Current Owner : GREER TAMEKA
  • Previous Owner : CARPIO JOSE
  • Owner Before Previous Owner: FISCHER MARK J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 03-1008-0-0010
  • Lot: 6
  • Municipality: MEMPHIS
  • Latitude: 35.1139
  • Longitude: -90.011

    Address

  • Full Address: 1540 Netherwood Ave
  • Address - House Number: 1540
  • Address - Street Name: Netherwood
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 2414
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,100

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 67,734
  • High Value: 98,540
  • Low Value: 36,927

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,822
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Jun 06, 2019
  • First Open Lien Mortgage Loan Amount: $63,822
  • 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: Jun 01, 2049

    Market Valuation

  • Market Total Value: $72,200
  • Market Land Value: $5,700
  • Market Improvement Value: $66,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,050
  • Assessed Land Value: $1,425
  • Assessed Improvements Value: $16,625

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Transaction ID: 11616773175
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906060054834
  • Previous Sale Recording Date: Apr 25, 2017
  • Previous Sale Contract Date: Apr 19, 2017
  • Previous Sale Amount: $35,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Jun 06, 2019
  • First Mortgage Loan Amount: $63,822
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1540 Netherwood Avenue located in?
The 1540 Netherwood Avenue is a house located in the neighborhood of Glenview in Depot Planning District, Memphis.
What is the average sales price for listings in 1540 Netherwood Avenue?
The average sales price for units in 1540 Netherwood Avenue is $65,000 currently.

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