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2736 Midland Avenue

2736 Midland Avenue, Memphis, TN 38111
Multifamily in Lundee
Sold Jun 04, 2020
$176,900
Sold May 26, 2017
$24,700
2736 Midland 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 2011 and is 13 years old. The home has a total of 10 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 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, 2736 Midland Avenue has 2,782 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 2,640 ft and across the front of the lot is 710 ft. The area measurement of the land has been determined as 18,312 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 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. 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, 2736 Midland Avenue sold most recently in Jun 1, 2020 for a total of $176,900. If you work out the math, that's approximately a cost of $63.59 per sqft. Before that, the property was also sold for $24,700 in May 25, 2017. 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 $3,051 in taxes each year. The initial year of tax delinquency occurred in 2018. 2736 Midland Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,080. If we break it down further, the land itself was valued at $4,800. Improvements to the property, however, were assessed at a total of $45,280. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,312
  • Lot Size Depth Feet: 2,640
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,782
  • Gross Building Area: 2,782
  • Building Area: 2,782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,782
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HELMS
  • Land Acres: 0.42
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NS MIDLAND

Ownership

  • Current Owner : BUTLER MAURICE
  • Previous Owner : COLEMAN ED R
  • Owner Before Previous Owner: COUNTY OF SHELBY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007100

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-5020-0-0047
  • Lot: 7-10
  • Municipality: MEMPHIS
  • Latitude: 35.1202
  • Longitude: -89.9706

    Address

  • Full Address: 2736 Midland Ave
  • Address - House Number: 2736
  • Address - Street Name: Midland
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C057
  • 4-Digit Zip Code: 1718
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,051
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 236,972
  • High Value: 290,603
  • Low Value: 183,340

    Market Valuation

  • Market Total Value: $125,200
  • Market Land Value: $12,000
  • Market Improvement Value: $113,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,080
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $45,280

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11763276535
  • Current Sale Price: $176,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20056508
  • Previous Sale Recording Date: May 26, 2017
  • Previous Sale Contract Date: May 25, 2017
  • Previous Sale Amount: $24,700
  • Previous Sale Document Type: Quit Claim Deed

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 2736 Midland Avenue located in?
The 2736 Midland Avenue is a multifamily located in the neighborhood of Lundee in Depot Planning District, Memphis.
What is the average sales price for listings in 2736 Midland Avenue?
The average sales price for units in 2736 Midland Avenue is $0 currently.

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