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3288 Central Avenue

3288 Central Avenue, Memphis, TN 38111
Property in Joffre
Sold Apr 29, 2022
$325,000
$252,000 by Crosscountry Mortgage Llc
Mortgage Due May 01, 2052
Sold Jan 03, 2019
$195,000
$185,250 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2049
Local assessors in Memphis, TN have categorized 3288 Central 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 11,072 square feet. The linear feet between the front and back of the lot was measured at 1,470 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3288 Central Avenue has a total of 1,195 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 200 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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 rock and stone were used in the construction of the exterior walls of the home. Residents rely on central 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. The property was last sold in Apr 20, 2022 for $325,000. That's $271.97 per sqft. Prior to that sales transaction, the property was also sold in Dec 28, 2018 for $195,000. 3288 Central Avenue was last assessed in 2022. The total value of the property was assessed at $54,600. Specifically, the land the property is located on was valued at $11,625. While improvements on the property were assessed at a total of $42,975. 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 $3,326. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • 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: Rock and stone
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,072
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,195
  • Gross Building Area: 1,195
  • Building Area: 1,195
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,195
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL POPLAR
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS CENTRAL COR PALISADE DR NW

Ownership

  • Current Owner : MOSES CONNIE R
  • Previous Owner : TILLMAN KENNETH D
  • Previous Owner 2: TILLMAN GINGER M
  • Owner Before Previous Owner: CAMERON CAROLINE
  • Owner Before Previous Owner 2: PUETZ NICOLAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007200

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 8-270
  • District: O
  • Parcel: 04-5102-0-0020
  • Lot: PT33
  • Municipality: MEMPHIS
  • Latitude: 35.1237
  • Longitude: -89.9523

    Address

  • Full Address: 3288 Central Ave
  • Address - House Number: 3288
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C097
  • 4-Digit Zip Code: 4427
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,326

    Appraisal Valuation

  • Standard Deviation: 0.2402
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 294,401
  • High Value: 365,142
  • Low Value: 223,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 29, 2022
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $218,400
  • Market Land Value: $46,500
  • Market Improvement Value: $171,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,600
  • Assessed Land Value: $11,625
  • Assessed Improvements Value: $42,975

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Transaction ID: 11886831779
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 48508
  • Previous Sale Recording Date: Jan 03, 2019
  • Previous Sale Contract Date: Dec 28, 2018
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 29, 2022
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jan 03, 2019
  • Previous Mortgage Loan Amount: $185,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

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Frequently Asked Questions

What neighborhood is 3288 Central Avenue located in?
The 3288 Central Avenue is a located in the neighborhood of Joffre in Jackson - University Area, Memphis.
What is the average sales price for listings in 3288 Central Avenue?
The average sales price for units in 3288 Central Avenue is $0 currently.

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