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1989 Young Avenue

1989 Young Avenue, Memphis, TN 38104
Sold Oct 18, 2018
$188,000
$178,000 by Austin Capital Bank Ssb
Mortgage Due Nov 01, 2048
Sold Jan 27, 2011
$133,000
$129,583 by Commercial Bank & Trust Compan
Mortgage Due Feb 01, 2041
Local assessors in Memphis, TN have categorized 1989 Young Avenue as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 7,300 square feet. The linear feet between the front and back of the lot was measured at 1,460 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 bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1989 Young Avenue has a total of 1,524 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 both a unknown and a unknown so you'll have great options in both the front and back 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 - D. The building has a roof that is made of composition shingle. Lots of materials we are unsure of 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, 1989 Young Avenue sold most recently in Oct 9, 2018 for a total of $188,000. If you work out the math, that's approximately a cost of $123.36 per sqft. Before that, the property was also sold for $133,000 in Jan 26, 2011. 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 $3,620 in taxes each year. 1989 Young Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,425. If we break it down further, the land itself was valued at $11,075. Improvements to the property, however, were assessed at a total of $48,350. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Other
  • 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: 1,524
  • Gross Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,524
  • 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 : WHITE ALICE
  • Current Owner 2: HARGROVE ADAM DANIEL
  • Previous Owner : CASS CASEY
  • Previous Owner 2: HUFFINES APRIL
  • Owner Before Previous Owner: SHEPARD KATHY SHANNON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 03-1122-0-0016
  • Lot: 88
  • Municipality: MEMPHIS
  • Latitude: 35.1195
  • Longitude: -89.9959

    Address

  • Full Address: 1989 Young Ave
  • Address - House Number: 1989
  • 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: $3,620

    Appraisal Valuation

  • Standard Deviation: 0.2462
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 286,704
  • High Value: 357,311
  • Low Value: 216,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,000
  • First Open Lien Mortgage Lender: AUSTIN CAPITAL BANK SSB
  • First Open Lien Mortgage Recording Date: Oct 18, 2018
  • First Open Lien Mortgage Loan Amount: $178,000
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $237,700
  • Market Land Value: $44,300
  • Market Improvement Value: $193,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,425
  • Assessed Land Value: $11,075
  • Assessed Improvements Value: $48,350

    Sales

  • Current Sale Contract Date: Oct 09, 2018
  • Current Sale Recording Date: Oct 18, 2018
  • Current Sale Transaction ID: 11521643412
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18107185
  • Previous Sale Recording Date: Jan 27, 2011
  • Previous Sale Contract Date: Jan 26, 2011
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AUSTIN CAPITAL BANK SSB
  • First Mortgage Transaction Date: Oct 18, 2018
  • First Mortgage Loan Amount: $178,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL BANK & TRUST COMPAN
  • Previous Mortgage Transaction Date: Jan 27, 2011
  • Previous Mortgage Loan Amount: $129,583
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2041

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Frequently Asked Questions

What neighborhood is 1989 Young Avenue located in?
The 1989 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 1989 Young Avenue?
The average sales price for units in 1989 Young Avenue is $0 currently.

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