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2041 Walker Avenue

2041 Walker Avenue, Memphis, TN 38104
Sold Oct 09, 2017
$206,000
$163,500 by Independent Bank
Mortgage Due Nov 01, 2050
Sold Oct 03, 2013
$115,000
$112,917 by Trustmark National Bank
Mortgage Due Oct 01, 2043
2041 Walker Avenue in Memphis, TN was first built in 1912 and is 112 years old. Although, the building on the property was most recently renovated and altered in 1963. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow 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 is only one bathroom. There is a 1 partial bathroom. 2041 Walker Avenue has 1,346 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 2,780. In total, the area measurement of the land is 14,799 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. 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. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2041 Walker Avenue sold most recently in Oct 3, 2017 for a total of $206,000. If you work out the math, that's approximately a cost of $153.05 per sqft. Before that, the property was also sold for $115,000 in Sep 26, 2013. 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 $3,183 in taxes each year. 2041 Walker Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $52,250. If we break it down further, the land itself was valued at $13,275. Improvements to the property, however, were assessed at a total of $38,975. 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. 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!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: 1912
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 14,799
  • Lot Size Depth Feet: 2,780
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,346
  • Gross Building Area: 1,346
  • Building Area: 1,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,346
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COOPER
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS WALKER 140 FT E OF REMBERT

Ownership

  • Current Owner : QUINLEN KATHLEEN
  • Previous Owner : ATHERTON JENNIFER OLSZEWSKI
  • Owner Before Previous Owner: HOLCOMBE SAMUEL
  • 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: 03-1117-0-0002
  • Lot: 37
  • Municipality: MEMPHIS
  • Latitude: 35.1176
  • Longitude: -89.9943

    Address

  • Full Address: 2041 Walker Ave
  • Address - House Number: 2041
  • Address - Street Name: Walker
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C037
  • 4-Digit Zip Code: 5638
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,183

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 293,322
  • High Value: 364,211
  • Low Value: 222,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,500
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $163,500
  • 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, 2050

    Market Valuation

  • Market Total Value: $209,000
  • Market Land Value: $53,100
  • Market Improvement Value: $155,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,250
  • Assessed Land Value: $13,275
  • Assessed Improvements Value: $38,975

    Sales

  • Current Sale Contract Date: Oct 03, 2017
  • Current Sale Recording Date: Oct 09, 2017
  • Current Sale Transaction ID: 1397535608
  • Current Sale Price: $206,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17103687
  • Previous Sale Recording Date: Oct 03, 2013
  • Previous Sale Contract Date: Sep 26, 2013
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: Oct 09, 2017
  • First Mortgage Loan Amount: $164,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTMARK NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 03, 2013
  • Previous Mortgage Loan Amount: $112,917
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 2041 Walker Avenue located in?
The 2041 Walker 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 2041 Walker Avenue?
The average sales price for units in 2041 Walker Avenue is $0 currently.

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