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3108 Cowden Avenue

3108 Cowden Avenue, Memphis, TN 38111
House in Joffre
Sold Nov 17, 2021
$300,000
$240,000 by Lincoln Capital Advisors Llc
Mortgage Due Dec 01, 2051
Sold May 11, 2016
$103,000
$183,200 by Landmark Community Bank
Mortgage Due Jun 01, 2031
Local assessors in Memphis, TN have categorized 3108 Cowden Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 1 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3108 Cowden Avenue has a total of 2,608 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3108 Cowden Avenue was last sold in Nov 16, 2021 for $300,000. According to our calculations, that's $115.03 per sqft. Prior to that sales transaction, the property was sold for $103,000 in May 9, 2016. Current property owners are expected to pay $4,063 in taxes per year. The property on 3108 Cowden Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $66,700. To break that down further, the land itself was valued at $8,475. While improvements to the property were assessed at a total of $58,225. 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.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • 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: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,608
  • Gross Building Area: 2,608
  • Building Area: 2,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,608
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL GARDENS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS COWDEN

Ownership

  • Current Owner : LARIVE CYNTHIA K
  • Current Owner 2: LARIVE JAMES A
  • Previous Owner : LARIVE CYNTHIA K
  • Previous Owner 2: LARIVE JAMES A
  • Owner Before Previous Owner: ELLIOTT MICHAEL D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-5091-0-0071
  • Lot: 43
  • Municipality: MEMPHIS
  • Latitude: 35.125
  • Longitude: -89.9583

    Address

  • Full Address: 3108 Cowden Ave
  • Address - House Number: 3108
  • Address - Street Name: Cowden
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C058
  • 4-Digit Zip Code: 3404
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,063

    Appraisal Valuation

  • Standard Deviation: 0.2495
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 344,856
  • High Value: 430,906
  • Low Value: 258,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: LINCOLN CAPITAL ADVISORS LLC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $266,800
  • Market Land Value: $33,900
  • Market Improvement Value: $232,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,700
  • Assessed Land Value: $8,475
  • Assessed Improvements Value: $58,225

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11866195445
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21143569
  • Previous Sale Recording Date: May 11, 2016
  • Previous Sale Contract Date: May 09, 2016
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN CAPITAL ADVISORS LLC
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LANDMARK COMMUNITY BANK
  • Previous Mortgage Transaction Date: May 11, 2016
  • Previous Mortgage Loan Amount: $183,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2031

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 3108 Cowden Avenue located in?
The 3108 Cowden Avenue is a house located in the neighborhood of Joffre in Jackson - University Area, Memphis.
What is the average sales price for listings in 3108 Cowden Avenue?
The average sales price for units in 3108 Cowden Avenue is $0 currently.

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