3207 University Street

3207 University Street in Memphis, TN was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3207 University Street has 1,130 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 740 ft and the linear feet between the front and back of the lot is 2,400. In total, the area measurement of the land is 17,760 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 480 sqft. 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 alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with an air conditioning type we are unsure of. As for heating, the home is utilizing a heating system and being fueled with gas. 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, 3207 University Street was last sold in Jan 3, 2024 for $45,000. According to our calculations, that's $39.82 per sqft. Prior to that sales transaction, the property was sold for $37,000 in Jul 13, 2023. Current property owners are expected to pay $761 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 3207 University Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $12,500. To break that down further, the land itself was valued at $1,875. While improvements to the property were assessed at a total of $10,625. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.