1692 Nelson Avenue

1692 Nelson Avenue has been categorized by the local assessors in Memphis, TN as a type of property. The building on the property was first built in 2022 and is 4 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 200 stories. In addition, 1692 Nelson Avenue has 2,706 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 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . In terms of heating, the home is utilizing . There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 5, 2022 for $479,000. That's $177.01 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2014 for $1,250. 1692 Nelson Avenue was last assessed in 2022. The total value of the property was assessed at $13,500. Specifically, the land the property is located on was valued at $2,500. While improvements on the property were assessed at a total of $11,000. 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 $523,882. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.