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1981 East McLemore Avenue

1981 East McLemore Avenue, Memphis, TN 38114
Sold Dec 27, 2019
$130,000
$126,867 by Cogent Bank
Mortgage Due Jan 01, 2050
Sold Jun 20, 2019
$14,000
$80,000 by On Top Funding Llc
Mortgage
1981 East McLemore Avenue in Memphis, TN was first built in 1922 and is 102 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 6 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. 1981 East McLemore Avenue has 1,280 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 540 ft and the linear feet between the front and back of the lot is 1,310. In total, the area measurement of the land is 7,074 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 288 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. The exterior walls of the home are made of brick veneer. 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. The property was last sold in Dec 19, 2019 for $130,000. That's $101.56 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2019 for $14,000. 1981 East McLemore Avenue was last assessed in 2022. The total value of the property was assessed at $32,225. Specifically, the land the property is located on was valued at $1,000. While improvements on the property were assessed at a total of $31,225. 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 $1,963. The initial tax year of delinquency was in 2015. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1922
  • Effective Year Built: 1999
  • 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: D
  • Construction Type: Frame
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,074
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,280
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLOWER GARDEN
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS MCLEMORE

Ownership

  • Current Owner : ROBY MELISSA D
  • Previous Owner : DIAZ BRANDON
  • Owner Before Previous Owner: ZOLMAN RANDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006400

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 6-110
  • District: O
  • Parcel: 03-1105-0-0011
  • Lot: 51&52
  • Municipality: MEMPHIS
  • Latitude: 35.1148
  • Longitude: -89.9966

    Address

  • Full Address: 1981 E Mclemore Ave
  • Address - House Number: 1981
  • Street Direction: E
  • Address - Street Name: Mclemore
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 2107
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,963
  • Intital Tax Deliquent Year: 2015

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 210,494
  • High Value: 266,173
  • Low Value: 154,814

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $136,867
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Dec 27, 2019
  • First Open Lien Mortgage Loan Amount: $126,867
  • 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: Jan 01, 2050
  • Second Open Lien Mortgage Lender: UNITED HOUSING INC
  • Second Open Lien Mortgage Recording Date: Dec 27, 2019
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $128,900
  • Market Land Value: $4,000
  • Market Improvement Value: $124,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,225
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $31,225

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Transaction ID: 11711990024
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19133628
  • Previous Sale Recording Date: Jun 20, 2019
  • Previous Sale Contract Date: Jun 06, 2019
  • Previous Sale Amount: $14,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Dec 27, 2019
  • First Mortgage Loan Amount: $126,867
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ON TOP FUNDING LLC
  • Previous Mortgage Transaction Date: Jun 20, 2019
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Depot Planning District



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Nearby Rentals

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  • 1 Bath
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$1,100 /mo

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Frequently Asked Questions

What neighborhood is 1981 East McLemore Avenue located in?
The 1981 East McLemore Avenue is a house located in the neighborhood of Castalia - Parkway Block Club in Depot Planning District, Memphis.
What is the average sales price for listings in 1981 East McLemore Avenue?
The average sales price for units in 1981 East McLemore Avenue is $139,000 currently.

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