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2986 New London

2986 New London, Memphis, TN 38115
Property in Shelby
Sold Apr 28, 2005
$82,000
$81,357 by 1st Trust Bank For Savings
Mortgage Due May 01, 2035
2986 New London has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2986 New London has 2,036 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 260 ft. The area measurement of the land has been determined as 3,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2986 New London was last sold in Apr 21, 2005 for $82,000. According to our calculations, that's $40.28 per sqft. Current property owners are expected to pay $1,247 in taxes per year. The property on 2986 New London was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,475. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $17,475. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Townhouse
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 260
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARLESTOWNE PLACE SEC G
  • Land Acres: 0.075
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: ES NEW LONDON

Ownership

  • Current Owner : SANDERS NORMAN L
  • Previous Owner : ZINN LYNDA K STUKENBORG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021725

Zoning

  • Zoning: RU-3

Geography

  • Assessors Map Reference: MB 89-18
  • District: O
  • Parcel: 09-3205-P0-0003
  • Lot: 54
  • Municipality: MEMPHIS
  • Latitude: 35.0671
  • Longitude: -89.8535

    Address

  • Full Address: 2986 New London
  • Address - House Number: 2986
  • Address - Street Name: New London
  • State: TN
  • City Name: Memphis
  • Carrier Code: C063
  • 4-Digit Zip Code: 3448
  • Zip Code: 38115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,247

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 402,360
  • High Value: 585,356
  • Low Value: 219,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $81,357
  • First Open Lien Mortgage Lender: 1ST TRUST BANK FOR SAVINGS
  • First Open Lien Mortgage Recording Date: Apr 28, 2005
  • First Open Lien Mortgage Loan Amount: $81,357
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2035

    Market Valuation

  • Market Total Value: $81,900
  • Market Land Value: $12,000
  • Market Improvement Value: $69,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,475
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $17,475

    Sales

  • Current Sale Contract Date: Apr 21, 2005
  • Current Sale Recording Date: Apr 28, 2005
  • Current Sale Transaction ID: 1176193995
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 05066060

    Last Sale Mortgage

  • First Mortgage Lender: 1ST TRUST BANK FOR SAVINGS
  • First Mortgage Transaction Date: Apr 28, 2005
  • First Mortgage Loan Amount: $81,357
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2035

About Memphis



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Frequently Asked Questions

What neighborhood is 2986 New London located in?
The 2986 New London is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 2986 New London?
The average sales price for units in 2986 New London is $0 currently.

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