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3297 Coleman Avenue

3297 Coleman Avenue, Memphis, TN 38122
Sold Apr 07, 2021
$33,000
$124,600 by Lima One Capital Llc
Mortgage
Sold Mar 19, 2015
$16,000
$17,200 by Greyfriars Administration Serv
Mortgage
Local assessors in Memphis, TN have categorized 3297 Coleman Avenue as a residential type of property. The home was built in 1932 and is 92 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 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, 3 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 3297 Coleman Avenue has a total of 1,130 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. 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 fair. 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 asbestos shingle 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 Mar 31, 2021 for $33,000. That's $29.20 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 2015 for $16,000. 3297 Coleman Avenue was last assessed in 2022. The total value of the property was assessed at $8,925. Specifically, the land the property is located on was valued at $1,125. While improvements on the property were assessed at a total of $7,800. 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 $544. The initial tax year of delinquency was in 2021. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,130
  • Gross Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,130
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND HEIGHTS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS COLEMAN 50 FT E OF HOLMES

Ownership

  • Current Owner : WOODY PROPERTY SOLUTIONS LLC
  • Previous Owner : OLMSTED U S II LLC
  • Owner Before Previous Owner: PATEL KISHOR
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 13, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001300

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 4-118&19
  • District: O
  • Parcel: 03-8032-0-0002
  • Block: 5
  • Lot: 11
  • Municipality: MEMPHIS
  • Latitude: 35.1556
  • Longitude: -89.9509

    Address

  • Full Address: 3297 Coleman Ave
  • Address - House Number: 3297
  • Address - Street Name: Coleman
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C081
  • 4-Digit Zip Code: 3102
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $544
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 89,093
  • High Value: 111,254
  • Low Value: 66,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,600
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Loan Amount: $124,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $35,700
  • Market Land Value: $4,500
  • Market Improvement Value: $31,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,925
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $7,800

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11828997368
  • Current Sale Price: $33,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21039338
  • Previous Sale Recording Date: Mar 19, 2015
  • Previous Sale Contract Date: Feb 27, 2015
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GREYFRIARS ADMINISTRATION SERV
  • Previous Mortgage Transaction Date: Mar 19, 2015
  • Previous Mortgage Loan Amount: $17,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 3297 Coleman Avenue located in?
The 3297 Coleman Avenue is a house located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
What is the average sales price for listings in 3297 Coleman Avenue?
The average sales price for units in 3297 Coleman Avenue is $0 currently.

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