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1795 Mignon Avenue

1795 Mignon Avenue, Memphis, TN 38107
House in Midtown
Sold Mar 01, 2022
$258,000
$253,326 by Hometown Equity Mortgage Llc
Mortgage Due Mar 01, 2052
Sold Jan 07, 2020
$192,000
$188,522 by Cogent Bank
Mortgage Due Jan 01, 2050
1795 Mignon Avenue in Memphis, TN was first built in 1940 and is 84 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 contemporary style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1795 Mignon Avenue has 2,266 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 530 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 5,830 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 198 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 average. 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. 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, 1795 Mignon Avenue sold most recently in Feb 17, 2022 for a total of $258,000. If you work out the math, that's approximately a cost of $113.86 per sqft. Before that, the property was also sold for $192,000 in Dec 18, 2019. 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 $3,577 in taxes each year. 1795 Mignon Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $48,075. If we break it down further, the land itself was valued at $6,000. Improvements to the property, however, were assessed at a total of $42,075. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

Detached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 198
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,830
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,266
  • Gross Building Area: 2,266
  • Building Area: 2,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,266
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIGNON TERR
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS MIGNON

Ownership

  • Current Owner : COOPER LUDORA
  • Previous Owner : DEMETRIUS BROWN
  • Owner Before Previous Owner: BERRY JACK W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001700

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 10-3
  • District: O
  • Parcel: 03-6059-0-0003
  • Block: 2
  • Lot: 9
  • Municipality: MEMPHIS
  • Latitude: 35.1585
  • Longitude: -89.9983

    Address

  • Full Address: 1795 Mignon Ave
  • Address - House Number: 1795
  • Address - Street Name: Mignon
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C094
  • 4-Digit Zip Code: 4521
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,577

    Appraisal Valuation

  • Standard Deviation: 0.2512
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 301,453
  • High Value: 377,201
  • Low Value: 225,705

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $259,826
  • First Open Lien Mortgage Lender: HOMETOWN EQUITY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $253,326
  • 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: Mar 01, 2052
  • Second Open Lien Mortgage Lender: TRUSTMARK NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Nov 03, 2022
  • Second Open Lien Mortgage Loan Amount: $6,500
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 07, 2027

    Market Valuation

  • Market Total Value: $192,300
  • Market Land Value: $24,000
  • Market Improvement Value: $168,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,075
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $42,075

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11880324590
  • Current Sale Price: $258,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23072
  • Previous Sale Recording Date: Jan 07, 2020
  • Previous Sale Contract Date: Dec 18, 2019
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN EQUITY MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $253,326
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Jan 07, 2020
  • Previous Mortgage Loan Amount: $188,522
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Midtown



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Frequently Asked Questions

What neighborhood is 1795 Mignon Avenue located in?
The 1795 Mignon Avenue is a house located in the neighborhood of Midtown in Midtown, Memphis.
What is the average sales price for listings in 1795 Mignon Avenue?
The average sales price for units in 1795 Mignon Avenue is $189,900 currently.

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