2981 Kimball Avenue

2981 Kimball Avenue in Memphis, TN was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1976. This has been categorized as a commercial property type. It is a single story home. 2981 Kimball Avenue has 4,951 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. In total, the area measurement of the land is 9,024 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. There is a unknown. For those who need parking, there is a carport. The garage is 192 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. 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 brick. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. The property was last sold in Jun 24, 2022 for $115,000. That's $23.23 per sqft. 2981 Kimball Avenue was last assessed in 2022. The total value of the property was assessed at $75,280. Specifically, the land the property is located on was valued at $5,400. While improvements on the property were assessed at a total of $69,880. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,586. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!