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1639 Madison Avenue

1639 Madison Avenue, Memphis, TN 38104
Local assessors in Memphis, TN have categorized 1639 Madison Avenue as a commercial type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1972. The property's lot size has been calculated to be 7,677 square feet. 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 1639 Madison Avenue has a total of 1,964 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. 1639 Madison Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - C. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. The property was last sold in Sep 12, 1996 for $55,000. That's $28.00 per sqft. 1639 Madison Avenue was last assessed in 2022. The total value of the property was assessed at $50,560. Specifically, the land the property is located on was valued at $26,120. While improvements on the property were assessed at a total of $24,440. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,080. The initial tax year of delinquency was in 2022. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210630
06/30/2021
Loft
-
-
$300,000
bedrooms
Loft
bathrooms
-
-
-
-
Cynthia Murden
Adaro Realty, Inc.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,677
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,964
  • Gross Building Area: 2,224
  • Building Area: 2,224
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,964
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: INGLESIDE
  • Land Acres: 0.176
  • Standard Land Use Code: Day care, pre-school (commercial)
  • Legal Description 1: SS MADISON

Ownership

  • Current Owner : OLIVER TERAMIA
  • Previous Owner : STARKS TERRY B
  • Previous Owner 2: STARKS LYNDA

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003400

Zoning

  • Zoning: CMU-3

Geography

  • Assessors Map Reference: MB 2-100
  • District: O
  • Parcel: 01-7039-0-0006
  • Block: 1
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.1377
  • Longitude: -90.0066

    Address

  • Full Address: 1639 Madison Ave
  • Address - House Number: 1639
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C021
  • 4-Digit Zip Code: 2506
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,080
  • Intital Tax Deliquent Year: 2022

    Market Valuation

  • Market Total Value: $126,400
  • Market Land Value: $65,300
  • Market Improvement Value: $61,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,560
  • Assessed Land Value: $26,120
  • Assessed Improvements Value: $24,440

    Sales

  • Current Sale Contract Date: Sep 12, 1996
  • Current Sale Recording Date: Sep 19, 1996
  • Current Sale Transaction ID: 1176893247
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: GC-4096

    Last Sale Mortgage

  • First Mortgage Lender: TERRY B STARKS
  • First Mortgage Transaction Date: Sep 19, 1996
  • First Mortgage Loan Amount: $48,500
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Nov 15, 2006

About Midtown



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Frequently Asked Questions

What neighborhood is 1639 Madison Avenue located in?
The 1639 Madison Avenue is a commercial located in the neighborhood of Monroe Avenue Residents Coalition in Midtown, Memphis.
What is the average sales price for listings in 1639 Madison Avenue?
The average sales price for units in 1639 Madison Avenue is $0 currently.

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