3220 Park Avenue

3220 Park Avenue has been categorized by the local assessors in Memphis, TN as a commercial type of property. The building on the property was first built in 1940 and is 84 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3220 Park Avenue has 1,015 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,857 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as poor. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Dec 29, 2021 for $85,000. That's $83.74 per sqft. Prior to that sales transaction, the property was also sold in Oct 17, 2013 for $38,000. 3220 Park Avenue was last assessed in 2022. The total value of the property was assessed at $14,800. Specifically, the land the property is located on was valued at $6,280. While improvements on the property were assessed at a total of $8,520. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $902. The initial tax year of delinquency was in 2021. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.