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2353 Jackson Avenue

2353 Jackson Avenue, Memphis, TN 38108
Multifamily in Binghampton-Lester
Sold Feb 28, 2019
$87,900
$82,500 by Sprout Mortgage Llc
Mortgage Due Dec 01, 2061
Sold Apr 03, 2013
$33,000
2353 Jackson 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 1945 and is 79 years old. The home has a total of 6 rooms. 2 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, 2353 Jackson Avenue has 1,344 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 1,510 ft and across the front of the lot is 710 ft. The area measurement of the land has been determined as 10,819 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 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 roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and 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, 2353 Jackson Avenue sold most recently in Feb 22, 2019 for a total of $87,900. If you work out the math, that's approximately a cost of $65.40 per sqft. Before that, the property was also sold for $33,000 in Mar 25, 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 $1,235 in taxes each year. 2353 Jackson Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,280. If we break it down further, the land itself was valued at $3,200. Improvements to the property, however, were assessed at a total of $17,080. 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. 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.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: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 10,819
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PASADENA PLACE
  • Land Acres: 0.248
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: S S JACKSON 70.52 FT W OF HOLLY

Ownership

  • Current Owner : THAO MEYN SABRINA NGUYEN
  • Current Owner 2: THAO PHUONG NGUYEN JACQUELYNE
  • Previous Owner : SOLID WORK LLC
  • Owner Before Previous Owner: AGAPE CHILD AND FAMILY SERVICES INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001500

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 8-148
  • District: O
  • Parcel: 05-2014-0-0002
  • Lot: PT42
  • Municipality: MEMPHIS
  • Latitude: 35.1576
  • Longitude: -89.9795

    Address

  • Full Address: 2353 Jackson Ave
  • Address - House Number: 2353
  • Address - Street Name: Jackson
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C014
  • 4-Digit Zip Code: 3237
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,235

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 136,647
  • High Value: 173,740
  • Low Value: 99,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,500
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $82,500
  • First Open Lien Mortgage Term: 478
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2061

    Market Valuation

  • Market Total Value: $50,700
  • Market Land Value: $8,000
  • Market Improvement Value: $42,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,280
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $17,080

    Sales

  • Current Sale Contract Date: Feb 22, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Transaction ID: 11574042852
  • Current Sale Price: $87,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19019694
  • Previous Sale Recording Date: Apr 03, 2013
  • Previous Sale Contract Date: Mar 25, 2013
  • Previous Sale Amount: $33,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Feb 28, 2019
  • First Mortgage Loan Amount: $65,925
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 04, 2049

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Frequently Asked Questions

What neighborhood is 2353 Jackson Avenue located in?
The 2353 Jackson Avenue is a multifamily located in the neighborhood of Binghampton-Lester in Jackson - University Area, Memphis.
What is the average sales price for listings in 2353 Jackson Avenue?
The average sales price for units in 2353 Jackson Avenue is $0 currently.

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