1847 The Elms Avenue

1847 The Elms Avenue has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 1973. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1847 The Elms Avenue has 2,728 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 1,690 ft and across the front of the lot is 1,020 ft. The area measurement of the land has been determined as 22,959 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with an air conditioning type we are unsure of at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Feb 27, 2018 for $18,000. That's $6.60 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 1999 for $55,000. 1847 The Elms Avenue was last assessed in 2022. The total value of the property was assessed at $24,650. Specifically, the land the property is located on was valued at $1,650. While improvements on the property were assessed at a total of $23,000. 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 $1,502. The initial tax year of delinquency was in 2020. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.