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2029 Oliver Avenue

2029 Oliver Avenue, Memphis, TN 38104
Sold May 28, 2021
$342,000
$273,600 by Bancorpsouth Bank
Mortgage Due Jun 01, 2051
Sold Jan 29, 2014
$177,500
$174,284 by Mortgage Investors Group Inc
Mortgage Due Feb 01, 2029
2029 Oliver 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 1912 and is 112 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 2029 Oliver Avenue has 1,675 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 1,800 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 9,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 building has a gable style roof made of composition shingle. 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. 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, 2029 Oliver Avenue was last sold in May 13, 2021 for $342,000. According to our calculations, that's $204.18 per sqft. Prior to that sales transaction, the property was sold for $177,500 in Jan 27, 2014. Current property owners are expected to pay $4,167 in taxes per year. The property on 2029 Oliver Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $68,400. To break that down further, the land itself was valued at $11,575. While improvements to the property were assessed at a total of $56,825. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1912
  • Effective Year Built: 1995
  • 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: Bungalow
  • Roof Shape Type: Gable
  • 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: 9,000
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,675
  • Gross Building Area: 1,675
  • Building Area: 1,675
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,675
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J J WILLIAMS
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S S OLIVER

Ownership

  • Current Owner : HEROLD WILLIAM
  • Current Owner 2: ROSENBLOOM LUCY
  • Previous Owner : OWENS CHRISTOPHER B
  • Owner Before Previous Owner: SUDA KATIE
  • Owner Before Previous Owner 2: BEVEL CHRISTOPHER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 4-71
  • District: O
  • Parcel: 03-1125-0-0024
  • Lot: 17
  • Municipality: MEMPHIS
  • Latitude: 35.1206
  • Longitude: -89.9946

    Address

  • Full Address: 2029 Oliver Ave
  • Address - House Number: 2029
  • Address - Street Name: Oliver
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C037
  • 4-Digit Zip Code: 5648
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,167

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 357,786
  • High Value: 444,255
  • Low Value: 271,317

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $273,600
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $273,600
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $273,600
  • Market Land Value: $46,300
  • Market Improvement Value: $227,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,400
  • Assessed Land Value: $11,575
  • Assessed Improvements Value: $56,825

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836215485
  • Current Sale Price: $342,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21065531
  • Previous Sale Recording Date: Jan 29, 2014
  • Previous Sale Contract Date: Jan 27, 2014
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $273,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Jan 29, 2014
  • Previous Mortgage Loan Amount: $174,284
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2029

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 2029 Oliver Avenue located in?
The 2029 Oliver 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 2029 Oliver Avenue?
The average sales price for units in 2029 Oliver Avenue is $0 currently.

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