Check Availability

2694 Burns Avenue

2694 Burns Avenue, Memphis, TN 38114
Sold Oct 18, 2019
$74,000
$56,000 by Chemical Bank
Mortgage Due Nov 01, 2049
Sold Jul 19, 2019
$11,500
2694 Burns 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 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2694 Burns Avenue has 1,196 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 500 ft. The area measurement of the land has been determined as 7,650 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage 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 180 sqft. 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2694 Burns Avenue was last sold in Oct 15, 2019 for $74,000. According to our calculations, that's $61.87 per sqft. Prior to that sales transaction, the property was sold for $11,500 in Jul 15, 2019. Current property owners are expected to pay $934 in taxes per year. The property on 2694 Burns Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,325. To break that down further, the land itself was valued at $1,125. While improvements to the property were assessed at a total of $14,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 7,650
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,196
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA BELLE HEIGHTS
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS BURNS

Ownership

  • Current Owner : BRAUNER SARAH
  • Previous Owner : MID SOUTH HOMEBUYERS GP
  • Owner Before Previous Owner: FRANKLIN VELVIE

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-7078-0-0039
  • Lot: 4
  • Municipality: MEMPHIS
  • Latitude: 35.0943
  • Longitude: -89.9731

    Address

  • Full Address: 2694 Burns Ave
  • Address - House Number: 2694
  • Address - Street Name: Burns
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 4907
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $934

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 395,205
  • High Value: 574,947
  • Low Value: 215,462

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,000
  • First Open Lien Mortgage Lender: CHEMICAL BANK
  • First Open Lien Mortgage Recording Date: Oct 18, 2019
  • First Open Lien Mortgage Loan Amount: $56,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $61,300
  • Market Land Value: $4,500
  • Market Improvement Value: $56,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,325
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $14,200

    Sales

  • Current Sale Contract Date: Oct 15, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Transaction ID: 11662318628
  • Current Sale Price: $74,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19108802
  • Previous Sale Recording Date: Jul 19, 2019
  • Previous Sale Contract Date: Jul 15, 2019
  • Previous Sale Amount: $11,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHEMICAL BANK
  • First Mortgage Transaction Date: Oct 18, 2019
  • First Mortgage Loan Amount: $56,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANKTENNESSEE
  • Previous Mortgage Transaction Date: Jul 19, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Depot Planning District



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2751 Henley Dr., Memphis, TN, 38114

$1,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,186 ft²
2751 Henley Dr., Memphis, TN, 38114 Listing by Manager
Unit for rent at 3609 Mynders Ave, MEMPHIS, TN, 38111

$1,000 /mo

  • 2 Beds
  • 2 Baths
3609 Mynders Ave #3609 Mynders #105, MEMPHIS, TN, 38111 Listing by Manager
Unit for rent at 3636-3646 Spottswood Ave., Memphis, TN, 38111

$1,025 /mo

  • 3 Beds
  • 2 Baths
  • 988 ft²
3636-3646 Spottswood Ave. #3636 Spottswood Ave. Apt #12, Memphis, TN, 38111 Listing by Manager
Unit for rent at 3558 Kearney Ave., Memphis, TN, 38111

$995 /mo

  • 2 Beds
  • 1 Bath
  • 829 ft²
3558 Kearney Ave. #3558 Kearney Ave., Memphis, TN, 38111 Listing by Manager
Unit for rent at 756 Prescott, Memphis, TN, 38111

$999 /mo

  • 2 Beds
  • 1 Bath
756 Prescott #756 Prescott, Memphis, TN, 38111 Listing by Manager
Unit for rent at 1203 Aubra Rd, Memphis, TN, 38111

$1,050 /mo

  • 2 Beds
  • 1 Bath
1203 Aubra Rd, Memphis, TN, 38111 Listing by Manager
Unit for rent at 839 Laurel, Memphis, TN, 38114

$1,045 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,400 ft²
839 Laurel #839 Laurel, Memphis, TN, 38114 Listing by Manager

Frequently Asked Questions

What neighborhood is 2694 Burns Avenue located in?
The 2694 Burns 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 2694 Burns Avenue?
The average sales price for units in 2694 Burns Avenue is $0 currently.

Quantcast