1643 Madison Avenue

1643 Madison Avenue has been categorized by the local assessors in Memphis, TN as a office type of property. The building on the property was first built in 1905 and is 119 years old. However, we must point out that the home was most recently renovated and altered in 1982. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1643 Madison Avenue has 1,919 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,635 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,200 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. The property was last sold in Aug 6, 2001 for $76,692. That's $39.96 per sqft. Prior to that sales transaction, the property was also sold in May 27, 1998 for $70,000. 1643 Madison Avenue was last assessed in 2022. The total value of the property was assessed at $49,640. Specifically, the land the property is located on was valued at $27,880. While improvements on the property were assessed at a total of $21,760. 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 $3,024. 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.