See Home Value
$322,973*
Land - Off Market

2970 BROAD

Memphis, TN 38112
bedrooms
Studio
bathrooms
0 Bath
$293,000 - $357,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Mar 03, 2021
$160,000
Sold Nov 06, 2018
$85,000

About This Property

Rare Development opportunity on Broad Ave! Half acre lot, right by the busy intersection of Sam Cooper and Tillman. Lots of new development close by the possibilities are endless.
Unit Size
-
Days on Market
-
Land Size
0.49 acres
Price per sqft
-
Property Type
Land
Property Taxes
$70
HOA Dues
-
Year Built
1970

Price History

Date / Event Date Event Price
Sep 29, 2023 No longer available -
No longer available
Feb 20, 2023 Listed $325,000
Listed
Mar 3, 2021 Sold $160,000
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D+
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,519
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: POCAHONTAS
  • Land Acres: 0.494
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: NS BROAD ST 11-13 & 32-38 SEE MAP GRID 130 J

Ownership

  • Current Owner : RK JUNIOR CONTRACTING SERVICES LLC
  • Previous Owner : APPLE PARTNERS LLC
  • Owner Before Previous Owner: OPPENHEIMER DANIEL E
  • Owner Before Previous Owner 2: DOUGLASS EUGENE G
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002800

Zoning

  • Zoning: CMU-3

Geography

  • Assessors Map Reference: MB 006-042
  • District: O
  • Parcel: 03-7040-0-0054C
  • Lot: 11-13&3
  • Municipality: MEMPHIS
  • Latitude: 35.1478
  • Longitude: -89.9621

    Address

  • Full Address: 2970 Broad Ave
  • Address - House Number: 2970
  • Address - Street Name: Broad
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 2956
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,144
  • Intital Tax Deliquent Year: 2022

    Market Valuation

  • Market Total Value: $88,000
  • Market Land Value: $88,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,200
  • Assessed Land Value: $35,200

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11822202131
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21024839
  • Previous Sale Recording Date: Nov 06, 2018
  • Previous Sale Contract Date: Nov 02, 2018
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: R E I CAPITAL LLC
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $128,000
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2021



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
-
$325,000 Sep 1, 2022
-
$163/mo
House
3 Beds
2.5 Baths
-
$325,000 Jan 27, 2023
-
$163/mo
House
3 Beds
2.5 Baths
-
$325,000 Oct 20, 2022
-
$77/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 2970 Broad Avenue built and last sold?
The property at 2970 Broad Avenue was built in 1970 and last sold on Feb 24, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 2970 Broad Avenue is $328,250.
What are some comparable homes to 2970 Broad Avenue?
Homes that are comparable to 2970 Broad Avenue include a house property at 526 Carpenter Street, 520 Carpenter Street, 533 Carpenter Street.

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