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2843 Woodlawn Terrace

2843 Woodlawn Terrace, Memphis, TN 38127
House in Alta Vista
Sold Dec 03, 2020
$19,500
$43,500 by Northpointe Bank
Mortgage Due Sep 01, 2051
Sold Jan 23, 2020
$18,000
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 2743 WOODLAWN TER, Memphis, TN 38127

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2743 WOODLAWN TER, Memphis, TN 38127 Listing by Tyler Tapley

Unit for sale at 1934 PINEDALE, Memphis, TN 38127

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Unit for sale at 1964 CLIFTON, Memphis, TN 38127

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2843 Woodlawn Terrace in Memphis, TN was first built in 1940 and is 84 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 traditional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2843 Woodlawn Terrace has 792 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 600 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 9,600 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit 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, 2843 Woodlawn Terrace was last sold in Nov 25, 2020 for $19,500. According to our calculations, that's $24.62 per sqft. Prior to that sales transaction, the property was sold for $18,000 in Jan 16, 2020. Current property owners are expected to pay $531 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2843 Woodlawn Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $8,725. To break that down further, the land itself was valued at $1,275. While improvements to the property were assessed at a total of $7,450. 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. 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.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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • 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: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 600
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 792
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUGBY THIRD ADDITION
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAMOS JASUN
  • Previous Owner : MID SOUTH HOMEBUYERS GP
  • Owner Before Previous Owner: GATWOOD KEVIN

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010220

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-2033-0-0008
  • Lot: 459
  • Municipality: MEMPHIS
  • Latitude: 35.2031
  • Longitude: -89.9976

    Address

  • Full Address: 2843 Woodlawn Ter
  • Address - House Number: 2843
  • Address - Street Name: Woodlawn
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Memphis
  • Carrier Code: C026
  • 4-Digit Zip Code: 8239
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 89
  • Final Value: 67,430
  • High Value: 74,779
  • Low Value: 60,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $43,500
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $43,500
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $34,900
  • Market Land Value: $5,100
  • Market Improvement Value: $29,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,725
  • Assessed Land Value: $1,275
  • Assessed Improvements Value: $7,450

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Transaction ID: 11803561245
  • Current Sale Price: $19,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20134122
  • Previous Sale Recording Date: Jan 23, 2020
  • Previous Sale Contract Date: Jan 16, 2020
  • Previous Sale Amount: $18,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESTCORE FINANCIAL LLC
  • First Mortgage Transaction Date: Dec 03, 2020
  • First Mortgage Loan Amount: $39,000
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 10, 2021

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 2843 Woodlawn Terrace located in?
The 2843 Woodlawn Terrace is a house located in the neighborhood of Alta Vista in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 2843 Woodlawn Terrace?
The average sales price for units in 2843 Woodlawn Terrace is $0 currently.

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