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3147 Spottswood Avenue

3147 Spottswood Avenue, Memphis, TN 38111
Sold Oct 03, 2019
$75,000
Buyer
Seller
$65,000 by Bank Of England
Mortgage Due Oct 01, 2049
Sold Jun 30, 2014
$70,400
Local assessors in Memphis, TN have categorized 3147 Spottswood 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 13,970 square feet. The linear feet between the front and back of the lot was measured at 2,540 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 2 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 3147 Spottswood Avenue has a total of 2,647 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 384 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on a window/unit 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. 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, 3147 Spottswood Avenue sold most recently in Sep 18, 2019 for a total of $75,000. If you work out the math, that's approximately a cost of $28.33 per sqft. Before that, the property was also sold for $70,400 in Jun 27, 2014. 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 $1,258 in taxes each year. 3147 Spottswood Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,650. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $19,650. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Driveway

Driveway
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: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • 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
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,970
  • Lot Size Depth Feet: 2,540
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,647
  • Gross Building Area: 2,647
  • Building Area: 2,647
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,647
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPOTTSWOOD
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS SPOTTSWOOD 1106.7 FT E OF SEMMES

Ownership

  • Current Owner : SCOTT CARL H
  • Previous Owner : KWA SHARON
  • Owner Before Previous Owner: GP BUY MEMPHIS NOW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007000

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-5087-0-0020
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.113
  • Longitude: -89.9574

    Address

  • Full Address: 3147 Spottswood Ave
  • Address - House Number: 3147
  • Address - Street Name: Spottswood
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 3139
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,258

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 139,517
  • High Value: 176,422
  • Low Value: 102,612

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,000
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Jan 06, 2020
  • First Open Lien Mortgage Loan Amount: $65,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $82,600
  • Market Land Value: $4,000
  • Market Improvement Value: $78,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,650
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $19,650

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Transaction ID: 11657765716
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19103174
  • Previous Sale Recording Date: Jun 30, 2014
  • Previous Sale Contract Date: Jun 27, 2014
  • Previous Sale Amount: $70,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Oct 03, 2019
  • First Mortgage Loan Amount: $65,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 3147 Spottswood Avenue located in?
The 3147 Spottswood Avenue is a house located in the neighborhood of Messick Buntyn in Jackson - University Area, Memphis.
What is the average sales price for listings in 3147 Spottswood Avenue?
The average sales price for units in 3147 Spottswood Avenue is $0 currently.

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