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1 Units For Sale
Local assessors in Memphis, TN have categorized 2016 Lamar Avenue as a commercial type of property.
The home was built in 1938 and is 86 years old.
The property's lot size has been calculated to be 6,639 square feet.
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 2016 Lamar Avenue has a total of 5,387 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. 2016 Lamar Avenue is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - E. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2016 Lamar Avenue was last sold in Jun 3, 2021 for $72,000. According to our calculations, that's $13.37 per sqft. Prior to that sales transaction, the property was sold for $15,000 in Oct 8, 2020. Current property owners are expected to pay $2,042 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2016 Lamar Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $33,520. To break that down further, the land itself was valued at $7,960. While improvements to the property were assessed at a total of $25,560. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.
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. 2016 Lamar Avenue is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - E. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2016 Lamar Avenue was last sold in Jun 3, 2021 for $72,000. According to our calculations, that's $13.37 per sqft. Prior to that sales transaction, the property was sold for $15,000 in Oct 8, 2020. Current property owners are expected to pay $2,042 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2016 Lamar Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $33,520. To break that down further, the land itself was valued at $7,960. While improvements to the property were assessed at a total of $25,560. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.
1 Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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11/18/2020
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Loft
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$89,900
Loft
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