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2727 Burns Avenue

2727 Burns Avenue, Memphis, TN 38114
Sold May 13, 2002
$52,000
$51,196 by Washington Mutual Bank Fa
Mortgage Due Jun 01, 2032
Sold Mar 18, 2002
$20,000
2727 Burns Avenue in Memphis, TN was first built in 1941 and is 83 years old. 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. 2727 Burns Avenue has 1,080 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 1,530. In total, the area measurement of the land is 7,650 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. 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, 2727 Burns Avenue sold most recently in May 8, 2002 for a total of $52,000. If you work out the math, that's approximately a cost of $48.15 per sqft. Before that, the property was also sold for $20,000 in Feb 19, 2002. 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 $699 in taxes each year. 2727 Burns Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $11,475. 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 $10,350. 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. 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. 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: 1941
  • Effective Year Built: 1941
  • 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: 7,650
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,080
  • 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 BURNS

Ownership

  • Current Owner : TURNER SALLY
  • Previous Owner : BURCHETT JAMES B
  • Owner Before Previous Owner: BOST FREDERICK R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-7079-0-0016
  • Block: 42
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.0938
  • Longitude: -89.972

    Address

  • Full Address: 2727 Burns Ave
  • Address - House Number: 2727
  • Address - Street Name: Burns
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 4915
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $699

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 389,857
  • High Value: 567,167
  • Low Value: 212,546

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,196
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: May 13, 2002
  • First Open Lien Mortgage Loan Amount: $51,196
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2032

    Market Valuation

  • Market Total Value: $45,900
  • Market Land Value: $4,500
  • Market Improvement Value: $41,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,475
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $10,350

    Sales

  • Current Sale Contract Date: May 08, 2002
  • Current Sale Recording Date: May 13, 2002
  • Current Sale Transaction ID: 1176700100
  • Current Sale Price: $52,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 02080205
  • Previous Sale Recording Date: Mar 18, 2002
  • Previous Sale Contract Date: Feb 19, 2002
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: May 13, 2002
  • First Mortgage Loan Amount: $51,196
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2032

About Depot Planning District



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Frequently Asked Questions

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

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