See Home Value
$153,829*
House - Off Market

2882 SOUTHERN

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
2 Baths
$131,000 - $159,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
Sold Jul 26, 2023
$138,000
$1,441,050 by Const Finance Corporation
Mortgage Due May 01, 2025
Sold May 03, 1999
$25,050
Buyer
Hud
Seller
$25,000 by Show Wong
Mortgage

About This Property

Great opportunity for new construction. This is two lots for sale. There is a house on one lot and the corner lot is vacant. Seller prohibits interior viewing.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1927

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold $138,000
Sold
Dec 28, 2022 No longer available -
No longer available
May 26, 2022 Listed $145,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Unsound
  • Building Quality: D
  • Building Style: Bungalow
  • 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: Detached
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,847
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,528
  • Gross Building Area: 1,528
  • Building Area: 1,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,528
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FISHER PLACE
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: & SW PT LOT 27 NS SOUTHERN 54 FT E OF HAYES

Ownership

  • Current Owner : PROVIDENCE LLC
  • Previous Owner : INVESTMENT EXPERT LLC
  • Owner Before Previous Owner: HUD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 22, 2023

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-5036-0-0024
  • Lot: PT26
  • Municipality: MEMPHIS
  • Latitude: 35.1158
  • Longitude: -89.9662

    Address

  • Full Address: 2882 Southern Ave
  • Address - House Number: 2882
  • Address - Street Name: Southern
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 2301
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $719
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 89
  • Final Value: 135,379
  • High Value: 150,135
  • Low Value: 120,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,441,050
  • First Open Lien Mortgage Lender: CONST FINANCE CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 30, 2024
  • First Open Lien Mortgage Loan Amount: $1,441,050
  • First Open Lien Mortgage Term: 15
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2025

    Market Valuation

  • Market Total Value: $47,200
  • Market Land Value: $15,700
  • Market Improvement Value: $31,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,800
  • Assessed Land Value: $3,925
  • Assessed Improvements Value: $7,875

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Transaction ID: 11909969130
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 61537
  • Previous Sale Recording Date: May 03, 1999
  • Previous Sale Contract Date: Apr 23, 1999
  • Previous Sale Amount: $25,050
  • Previous Sale Document Type: Other

    Previous Mortgages

  • Previous Mortgage Lender: SHOW WONG
  • Previous Mortgage Transaction Date: May 03, 1999
  • Previous Mortgage Loan Amount: $25,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$149,000 Jul 15, 2023
-
$70/mo
House
3 Beds
2 Baths
1,112 ft²
$122/ft²
$136,000 Jul 10, 2023
-
-
House
3 Beds
1 Bath
-
$174,000 Jun 23, 2023
-
$61/mo
House
2 Beds
1 Bath
-
$140,000 Jun 10, 2023
-
$42/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 2882 Southern Avenue built and last sold?
The property at 2882 Southern Avenue was built in 1927 and last sold on Jul 14, 2023 for $138,000.
How much is this home worth?
The estimated value of the home located at 2882 Southern Avenue is $146,450.
What are some comparable homes to 2882 Southern Avenue?
Homes that are comparable to 2882 Southern Avenue include a house property at 791 Inez Street, 780 South Greer Street, 3066 Chisca Avenue.

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