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1763 Nelson Avenue

1763 Nelson Avenue, Memphis, TN 38114
Sold Mar 30, 2021
$185,000
$135,000 by Community Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Jun 29, 2015
$73,000
$44,566 by Magna Bank
Mortgage Due Jul 01, 2045
Local assessors in Memphis, TN have categorized 1763 Nelson Avenue as a residential type of property. The home was built in 1917 and is 107 years old. It was most recently renovated and altered in 1966. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1763 Nelson Avenue has a total of 1,816 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. 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. 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 - A. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 1763 Nelson Avenue sold most recently in Mar 17, 2021 for a total of $185,000. If you work out the math, that's approximately a cost of $101.87 per sqft. Before that, the property was also sold for $73,000 in Jun 25, 2015. 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 $1,133 in taxes each year. 1763 Nelson Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $18,600. If we break it down further, the land itself was valued at $2,500. Improvements to the property, however, were assessed at a total of $16,100. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1917
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,816
  • Gross Building Area: 1,837
  • Building Area: 1,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,816
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARRIS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS NELSON

Ownership

  • Current Owner : LENCKE JOSEPH S
  • Current Owner 2: LENCKE CATHERINE
  • Previous Owner : SAVIDGE SAMUEL
  • Previous Owner 2: SAVIDGE KIMBERLEY
  • Owner Before Previous Owner: BOAZ HOME IMPROVEMENT AND CONSTRUTION CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 5-101
  • District: O
  • Parcel: 03-1053-0-0010
  • Lot: 37
  • Municipality: MEMPHIS
  • Latitude: 35.1219
  • Longitude: -90.0033

    Address

  • Full Address: 1763 Nelson Ave
  • Address - House Number: 1763
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 1626
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,133

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 199,790
  • High Value: 250,340
  • Low Value: 149,240

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $154,466
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051
  • Second Open Lien Mortgage Lender: CITY OF MEMPHIS
  • Second Open Lien Mortgage Recording Date: Mar 30, 2021
  • Second Open Lien Mortgage Loan Amount: $19,466
  • Second Open Lien Mortgage Term: 110
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Jun 24, 2030

    Market Valuation

  • Market Total Value: $74,400
  • Market Land Value: $10,000
  • Market Improvement Value: $64,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,600
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $16,100

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11826664034
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21036279
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Contract Date: Jun 25, 2015
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MAGNA BANK
  • Previous Mortgage Transaction Date: Jun 29, 2015
  • Previous Mortgage Loan Amount: $44,566
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 1763 Nelson Avenue located in?
The 1763 Nelson Avenue is a house located in the neighborhood of Rozelle-Annesdale in Depot Planning District, Memphis.
What is the average sales price for listings in 1763 Nelson Avenue?
The average sales price for units in 1763 Nelson Avenue is $0 currently.

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