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3048 Watson Street

3048 Watson Street, Memphis, TN 38118
House in Shelby
3048 Watson Street has been categorized by the local assessors in Memphis, TN as a type of property. The building on the property was first built in 1963 and is 63 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 3048 Watson Street has 1,072 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 1,300 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

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 . Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3048 Watson Street sold most recently in Oct 17, 2000 for a total of $58,000. If you work out the math, that's approximately a cost of $54.10 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $101,578 in taxes each year. 3048 Watson Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $16,675. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $13,675. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240318
03/18/2024
3 Bed
1.5 Bath
-
$125,000
bedrooms
3 Bed
bathrooms
1.5 Bath
-
-
Carrie Stewart
Regency Realty, LLC


Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,072
  • Gross Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KNIGHT VILLAGE
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 062

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010610

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-3042-0-0021
  • Block: A
  • Lot: 4
  • Municipality: MEMPHIS
  • Latitude: 35.0657
  • Longitude: -89.9292

    Address

  • Full Address: 3048 Watson St
  • Address - House Number: 3048
  • Address - Street Name: Watson
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C082
  • 4-Digit Zip Code: 3026
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,578
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 135,247
  • High Value: 196,902
  • Low Value: 73,591

    Market Valuation

  • Market Total Value: $66,700
  • Market Land Value: $12,000
  • Market Improvement Value: $54,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,675
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $13,675

    Sales

  • Current Sale Contract Date: Oct 17, 2000
  • Current Sale Recording Date: Nov 08, 2000
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: KR-2340
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Memphis



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Frequently Asked Questions

What neighborhood is 3048 Watson Street located in?
The 3048 Watson Street is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 3048 Watson Street?
The average sales price for units in 3048 Watson Street is $0 currently.