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2591 Larose Avenue

2591 Larose Avenue, Memphis, TN 38114
Sold Sep 29, 2021
$97,000
$92,000 by Cogent Bank
Mortgage Due Oct 01, 2051
Sold Nov 06, 2015
$6,000
2591 Larose 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 8 rooms. 4 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, 2591 Larose Avenue has 1,503 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 1,530 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 8,262 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 230 sqft. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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. 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, 2591 Larose Avenue sold most recently in Sep 24, 2021 for a total of $97,000. If you work out the math, that's approximately a cost of $64.54 per sqft. Before that, the property was also sold for $6,000 in Oct 26, 2015. 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 $1,331 in taxes each year. 2591 Larose Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,850. If we break it down further, the land itself was valued at $1,125. Improvements to the property, however, were assessed at a total of $20,725. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 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: 230
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,262
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,503
  • Gross Building Area: 1,503
  • Building Area: 1,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,503
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA BELLE HEIGHTS
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS LA ROSE

Ownership

  • Current Owner : ECHOLS BIANCA MICHELLE
  • Previous Owner : VAZQUEZ FRANCISCA
  • Owner Before Previous Owner: RUDD LASHANTA CLIFVETTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-7047-0-0006
  • Block: 93
  • Lot: PT1
  • Municipality: MEMPHIS
  • Latitude: 35.0969
  • Longitude: -89.9764

    Address

  • Full Address: 2591 Larose Ave
  • Address - House Number: 2591
  • Address - Street Name: Larose
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 4322
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,331

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 404,270
  • High Value: 588,135
  • Low Value: 220,404

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $101,700
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $92,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: UNITED HOUSING INC
  • Second Open Lien Mortgage Recording Date: Sep 29, 2021
  • Second Open Lien Mortgage Loan Amount: $9,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $87,400
  • Market Land Value: $4,500
  • Market Improvement Value: $82,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,850
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $20,725

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11857248426
  • Current Sale Price: $97,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21121825
  • Previous Sale Recording Date: Nov 06, 2015
  • Previous Sale Contract Date: Oct 26, 2015
  • Previous Sale Amount: $6,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $92,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 2591 Larose Avenue located in?
The 2591 Larose Avenue is a located in the neighborhood of Bethel Grove Community Organization in Depot Planning District, Memphis.
What is the average sales price for listings in 2591 Larose Avenue?
The average sales price for units in 2591 Larose Avenue is $0 currently.

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