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2311 Larose Avenue

2311 Larose Avenue, Memphis, TN 38114
Sold May 03, 2021
$41,000
$67,584 by Renasant Bank
Mortgage Due Sep 01, 2031
Sold Jul 14, 2017
$62,000
$31,000 by Bridge Capital Thrift & Loan L
Mortgage
2311 Larose Avenue in Memphis, TN was first built in 1941 and is 83 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2311 Larose Avenue has 1,069 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 500 ft and the linear feet between the front and back of the lot is 1,630. In total, the area measurement of the land is 8,150 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. For those who need parking, there is a detached garage. The garage is 180 sqft. 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. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with an air conditioning type we are unsure of. As for heating, the home is utilizing a heating system and being fueled with gas. The property was last sold in Apr 26, 2021 for $41,000. That's $38.35 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2017 for $62,000. 2311 Larose Avenue was last assessed in 2022. The total value of the property was assessed at $15,900. Specifically, the land the property is located on was valued at $1,125. While improvements on the property were assessed at a total of $14,775. 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 $969. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,150
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,069
  • Gross Building Area: 1,069
  • Building Area: 1,069
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,069
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORRIS
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS LA ROSE

Ownership

  • Current Owner : FREEMAN MELODY
  • Previous Owner : TYSON GAIL
  • Previous Owner 2: TYSON GAIL TRADITIONAL
  • Owner Before Previous Owner: GUENTHER HANS

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006900

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-7027-0-0004
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.1009
  • Longitude: -89.986

    Address

  • Full Address: 2311 Larose Ave
  • Address - House Number: 2311
  • Address - Street Name: Larose
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C073
  • 4-Digit Zip Code: 4118
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $969

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 396,004
  • High Value: 576,110
  • Low Value: 215,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,584
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $67,584
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $63,600
  • Market Land Value: $4,500
  • Market Improvement Value: $59,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,900
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $14,775

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Transaction ID: 11833370754
  • Current Sale Price: $41,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21052457
  • Previous Sale Recording Date: Jul 14, 2017
  • Previous Sale Contract Date: Jul 07, 2017
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AVOLON CAPITAL LLC
  • First Mortgage Transaction Date: May 03, 2021
  • First Mortgage Loan Amount: $64,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGE CAPITAL THRIFT & LOAN L
  • Previous Mortgage Transaction Date: Jul 14, 2017
  • Previous Mortgage Loan Amount: $31,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 2311 Larose Avenue located in?
The 2311 Larose Avenue is a house located in the neighborhood of Bethel Grove Community Organization in Depot Planning District, Memphis.
What is the average sales price for listings in 2311 Larose Avenue?
The average sales price for units in 2311 Larose Avenue is $0 currently.

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