2788 Lola Avenue

2788 Lola Avenue in Memphis, TN was first built in 1952 and is 72 years old. This has been categorized as a vacant 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. 2788 Lola Avenue has 962 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 650 ft and the linear feet between the front and back of the lot is 1,030. In total, the area measurement of the land is 6,695 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. 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 brick veneer. As for heating, the home is utilizing 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, 2788 Lola Avenue sold most recently in Dec 15, 2022 for a total of $5,750. If you work out the math, that's approximately a cost of $5.98 per sqft. Before that, the property was also sold for $4,000 in Jul 25, 2022. 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 $61 in taxes each year. The initial year of tax delinquency occurred in 2021. 2788 Lola Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,000. If we break it down further, the land itself was valued at $1,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.