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1945 Young Avenue

1945 Young Avenue, Memphis, TN 38104
Sold Sep 21, 2020
$343,000
$325,850 by Eagle Mortgage & Funding Corp
Mortgage Due Oct 01, 2050
Sold Jan 23, 2018
$280,000
$200,000 by Triumph Bank
Mortgage Due Feb 05, 2048
1945 Young 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1998. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1945 Young Avenue has 2,332 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 1,460 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,300 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 both a unknown and 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 roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. The property was last sold in Sep 11, 2020 for $343,000. That's $147.08 per sqft. Prior to that sales transaction, the property was also sold in Jan 17, 2018 for $280,000. 1945 Young Avenue was last assessed in 2022. The total value of the property was assessed at $87,725. Specifically, the land the property is located on was valued at $11,075. While improvements on the property were assessed at a total of $76,650. 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 $5,344. 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,300
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,332
  • Gross Building Area: 2,332
  • Building Area: 2,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,332
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCLAUGHLIN
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS YOUNG

Ownership

  • Current Owner : HARRIS NICK WESLEY
  • Previous Owner : CALFEE ALEXA LEE
  • Owner Before Previous Owner: CLAFEE DAVID W
  • Owner Before Previous Owner 2: CLAFEE KATHRYN ODOM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 03-1122-0-0007
  • Lot: 79
  • Municipality: MEMPHIS
  • Latitude: 35.1196
  • Longitude: -89.9974

    Address

  • Full Address: 1945 Young Ave
  • Address - House Number: 1945
  • Address - Street Name: Young
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C037
  • 4-Digit Zip Code: 5644
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,344

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 429,716
  • High Value: 527,755
  • Low Value: 331,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,850
  • First Open Lien Mortgage Lender: EAGLE MORTGAGE & FUNDING CORP
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $325,850
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $350,900
  • Market Land Value: $44,300
  • Market Improvement Value: $306,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,725
  • Assessed Land Value: $11,075
  • Assessed Improvements Value: $76,650

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11787751109
  • Current Sale Price: $343,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20101326
  • Previous Sale Recording Date: Jan 23, 2018
  • Previous Sale Contract Date: Jan 17, 2018
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE MORTGAGE & FUNDING CORP
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $325,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TRIUMPH BANK
  • Previous Mortgage Transaction Date: Jan 23, 2018
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 05, 2048

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1945 Young Avenue located in?
The 1945 Young Avenue is a house located in the neighborhood of Cooper Young in Depot Planning District, Memphis.
What is the average sales price for listings in 1945 Young Avenue?
The average sales price for units in 1945 Young Avenue is $0 currently.

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