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3281 Park Avenue

3281 Park Avenue, Memphis, TN 38111
Property in Seminole Road
Sold Nov 12, 1997
$52,500
$53,314 by First Trust Mtg Company
Mortgage Due Dec 01, 2027
3281 Park Avenue has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3281 Park Avenue has 1,490 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,340 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,862 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 200 sqft. 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 average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central 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 Nov 11, 1997 for $52,500. That's $35.23 per sqft. 3281 Park Avenue was last assessed in 2022. The total value of the property was assessed at $14,700. Specifically, the land the property is located on was valued at $1,000. While improvements on the property were assessed at a total of $13,700. 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 $895. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,862
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,490
  • Gross Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,490
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAKER HILL
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BROWN EARNEST
  • Current Owner 2: BROWN JOHNETTA
  • Previous Owner : NABHOLZ MARTIN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007900

Zoning

  • Zoning: OG

Geography

  • District: O
  • Parcel: 05-9073-0-0003
  • Lot: 46
  • Municipality: MEMPHIS
  • Latitude: 35.1075
  • Longitude: -89.9532

    Address

  • Full Address: 3281 Park Ave
  • Address - House Number: 3281
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C056
  • 4-Digit Zip Code: 4158
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $895

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 140,712
  • High Value: 175,713
  • Low Value: 105,712

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $57,610
  • First Open Lien Mortgage Lender: FIRST TRUST MTG COMPANY
  • First Open Lien Mortgage Recording Date: Nov 12, 1997
  • First Open Lien Mortgage Loan Amount: $53,314
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2027
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING URBAN DE
  • Second Open Lien Mortgage Recording Date: May 31, 2012
  • Second Open Lien Mortgage Loan Amount: $4,296
  • Second Open Lien Mortgage Term: 337
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2040

    Market Valuation

  • Market Total Value: $58,800
  • Market Land Value: $4,000
  • Market Improvement Value: $54,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,700
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $13,700

    Sales

  • Current Sale Contract Date: Nov 11, 1997
  • Current Sale Recording Date: Nov 12, 1997
  • Current Sale Transaction ID: 1176606404
  • Current Sale Price: $52,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: GZ-2573

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TRUST MTG COMPANY
  • First Mortgage Transaction Date: Nov 12, 1997
  • First Mortgage Loan Amount: $53,314
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2027
  • Second Mortgage Loan Amount: $2,629

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Frequently Asked Questions

What neighborhood is 3281 Park Avenue located in?
The 3281 Park Avenue is a located in the neighborhood of Seminole Road in Jackson - University Area, Memphis.
What is the average sales price for listings in 3281 Park Avenue?
The average sales price for units in 3281 Park Avenue is $0 currently.

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