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3118 Crump Avenue

3118 Crump Avenue, Memphis, TN 38112
Sold Aug 04, 2022
$145,000
$145,000 by Mortgage Research Center Llc
Mortgage Due Sep 01, 2052
Sold Apr 23, 2020
$68,200
3118 Crump Avenue in Memphis, TN was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1984. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 1 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3118 Crump Avenue has 2,336 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. The linear feet across the front of the lot is 610 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 7,714 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 3118 Crump Avenue was last sold in Aug 1, 2022 for $145,000. According to our calculations, that's $62.07 per sqft. Prior to that sales transaction, the property was sold for $68,200 in Apr 20, 2020. Current property owners are expected to pay $1,142 in taxes per year. The property on 3118 Crump Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,425. To break that down further, the land itself was valued at $1,125. While improvements to the property were assessed at a total of $14,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

Garage Parking
Detached Garage
Open Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,714
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,336
  • Gross Building Area: 2,336
  • Building Area: 2,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,336
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACKSON TERRACE
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS CRUMP

Ownership

  • Current Owner : LOMAX ADKIN
  • Previous Owner : MEMPHIS RENTAL GROUP LLC
  • Owner Before Previous Owner: MOUNTAIN RIDGE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001300

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 11-1
  • District: O
  • Parcel: 03-8001-0-0019
  • Lot: 11
  • Municipality: MEMPHIS
  • Latitude: 35.1614
  • Longitude: -89.9567

    Address

  • Full Address: 3118 Crump Ave
  • Address - House Number: 3118
  • Address - Street Name: Crump
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C070
  • 4-Digit Zip Code: 1508
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,142

    Appraisal Valuation

  • Standard Deviation: 0.2634
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 155,613
  • High Value: 196,617
  • Low Value: 114,610

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Aug 04, 2022
  • First Open Lien Mortgage Loan Amount: $145,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $61,700
  • Market Land Value: $4,500
  • Market Improvement Value: $57,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,425
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $14,300

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Transaction ID: 11893872285
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 87544
  • Previous Sale Recording Date: Apr 23, 2020
  • Previous Sale Contract Date: Apr 20, 2020
  • Previous Sale Amount: $68,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Aug 04, 2022
  • First Mortgage Loan Amount: $145,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2052

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Frequently Asked Questions

What neighborhood is 3118 Crump Avenue located in?
The 3118 Crump Avenue is a house located in the neighborhood of Binghampton-Lester in Jackson - University Area, Memphis.
What is the average sales price for listings in 3118 Crump Avenue?
The average sales price for units in 3118 Crump Avenue is $0 currently.

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