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2043 Southern Avenue

2043 Southern Avenue, Memphis, TN 38114
Sold Jan 29, 2020
$16,500
$85,150 by Mcm Capital Solutions
Mortgage Due May 01, 2051
Sold Sep 07, 2018
$13,500
Local assessors in Memphis, TN have categorized 2043 Southern Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 5,240 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 2043 Southern Avenue has a total of 1,050 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 a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on an air conditioning type we are unsure of for their cooling system. The home's a 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, 2043 Southern Avenue sold most recently in Jan 18, 2020 for a total of $16,500. If you work out the math, that's approximately a cost of $15.71 per sqft. Before that, the property was also sold for $13,500 in Sep 4, 2018. 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 $661 in taxes each year. 2043 Southern Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,850. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $9,850. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • 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: 5,240
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLOWER GARDEN
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS SOUTHERN

Ownership

  • Current Owner : FF ENTERPRISE LLC
  • Previous Owner : HAGELBERG FRANK
  • Owner Before Previous Owner: CONNELL GARRY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 03-1112-0-0003
  • Lot: 23&22
  • Municipality: MEMPHIS
  • Latitude: 35.1157
  • Longitude: -89.9944

    Address

  • Full Address: 2043 Southern Ave
  • Address - House Number: 2043
  • Address - Street Name: Southern
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 2147
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 14,068
  • High Value: 20,466
  • Low Value: 7,669

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,150
  • First Open Lien Mortgage Lender: MCM CAPITAL SOLUTIONS
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Loan Amount: $85,150
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $43,400
  • Market Land Value: $4,000
  • Market Improvement Value: $39,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,850
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $9,850

    Sales

  • Current Sale Contract Date: Jan 18, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11720601804
  • Current Sale Price: $16,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20010431
  • Previous Sale Recording Date: Sep 07, 2018
  • Previous Sale Contract Date: Sep 04, 2018
  • Previous Sale Amount: $13,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESTCORE FINANCIAL LLC
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $71,073
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jul 21, 2020

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 2043 Southern Avenue located in?
The 2043 Southern 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 2043 Southern Avenue?
The average sales price for units in 2043 Southern Avenue is $0 currently.

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