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2727 Browning Avenue

2727 Browning Avenue, Memphis, TN 38114
Sold Nov 18, 2020
$77,500
$62,000 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2050
Sold May 06, 2020
$20,000
2727 Browning 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 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 6 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, 2727 Browning Avenue has 1,045 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 carport for those who require parking. The garage measured 132 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 Oct 30, 2020 for $77,500. That's $74.16 per sqft. Prior to that sales transaction, the property was also sold in May 5, 2020 for $20,000. 2727 Browning Avenue was last assessed in 2022. The total value of the property was assessed at $17,375. Specifically, the land the property is located on was valued at $1,125. While improvements on the property were assessed at a total of $16,250. 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 $1,058. The initial tax year of delinquency was in 2019. 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. 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: 1928
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 132
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 7,650
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,045
  • Gross Building Area: 1,045
  • Building Area: 1,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,045
  • 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: SS BROWNING

Ownership

  • Current Owner : CALLAWAY KOLT TRASTAN
  • Previous Owner : MID SOUTH HOMEBUYERS GP
  • Owner Before Previous Owner: ZACHARY TIMOTHY
  • Owner Before Previous Owner 2: TZIB LEANDRO

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-7080-0-0016
  • Block: 26
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.0928
  • Longitude: -89.972

    Address

  • Full Address: 2727 Browning Ave
  • Address - House Number: 2727
  • Address - Street Name: Browning
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 4903
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,058
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 398,053
  • High Value: 579,091
  • Low Value: 217,014

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Loan Amount: $62,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $69,500
  • Market Land Value: $4,500
  • Market Improvement Value: $65,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,375
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $16,250

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Transaction ID: 11799727496
  • Current Sale Price: $77,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20128473
  • Previous Sale Recording Date: May 06, 2020
  • Previous Sale Contract Date: May 05, 2020
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Nov 18, 2020
  • First Mortgage Loan Amount: $62,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT BANK
  • Previous Mortgage Transaction Date: May 06, 2020
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

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Frequently Asked Questions

What neighborhood is 2727 Browning Avenue located in?
The 2727 Browning 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 2727 Browning Avenue?
The average sales price for units in 2727 Browning Avenue is $0 currently.

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