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2255 Jefferson Avenue

2255 Jefferson Avenue, Memphis, TN 38104
Property in East Parkway
Sold Dec 10, 2018
$369,000
$306,000 by Cogent Bank
Mortgage Due Aug 01, 2035
Sold Dec 13, 2004
$270,000
2255 Jefferson 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1988. The home has a total of 8 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. The building has a total of 2 stories. In addition, 2255 Jefferson Avenue has 2,058 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 2,100 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 15,750 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 342 sqft. According to our sources, there are a total of 6 available parking spaces. 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. 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 exterior walls of the building are made of brick veneer. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 20, 2018 for $369,000. That's $179.30 per sqft. Prior to that sales transaction, the property was also sold in Nov 29, 2004 for $270,000. 2255 Jefferson Avenue was last assessed in 2022. The total value of the property was assessed at $96,675. Specifically, the land the property is located on was valued at $33,350. While improvements on the property were assessed at a total of $63,325. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,889. The initial tax year of delinquency was in 2021. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 342
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 15,750
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,058
  • Gross Building Area: 2,058
  • Building Area: 2,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,058
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LENOX LAND CO
  • Land Acres: 0.362
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS JEFFERSON

Ownership

  • Current Owner : LOEWENBERG HARRY S
  • Previous Owner : GUPTA HEMANT
  • Previous Owner 2: GUPTA MARY P
  • Owner Before Previous Owner: COLLINS GREER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003100

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 02-8025-0-0006
  • Lot: 80
  • Municipality: MEMPHIS
  • Latitude: 35.1383
  • Longitude: -89.9861

    Address

  • Full Address: 2255 Jefferson Ave
  • Address - House Number: 2255
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C026
  • 4-Digit Zip Code: 3014
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,889
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 471,127
  • High Value: 578,613
  • Low Value: 363,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Loan Amount: $306,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $386,700
  • Market Land Value: $133,400
  • Market Improvement Value: $253,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,675
  • Assessed Land Value: $33,350
  • Assessed Improvements Value: $63,325

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Dec 10, 2018
  • Current Sale Transaction ID: 11542082216
  • Current Sale Price: $369,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18125348
  • Previous Sale Recording Date: Dec 13, 2004
  • Previous Sale Contract Date: Nov 29, 2004
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Dec 10, 2018
  • First Mortgage Loan Amount: $276,750
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2038

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Frequently Asked Questions

What neighborhood is 2255 Jefferson Avenue located in?
The 2255 Jefferson Avenue is a located in the neighborhood of East Parkway in Midtown, Memphis.
What is the average sales price for listings in 2255 Jefferson Avenue?
The average sales price for units in 2255 Jefferson Avenue is $0 currently.

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