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3368 Douglass Avenue

3368 Douglass Avenue, Memphis, TN 38111
Sold Jun 14, 2019
$55,000
$3,283,200 by Bancorpsouth Bank
Mortgage Due Jul 07, 2042
Sold Feb 04, 2014
$35,000
3368 Douglass 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 1942 and is 82 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3368 Douglass Avenue has 890 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 2,510 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 13,258 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 detached garage for those who require parking. The garage measured 180 sqft. Residents will have the luxury of enjoying 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3368 Douglass Avenue sold most recently in Jun 13, 2019 for a total of $55,000. If you work out the math, that's approximately a cost of $61.80 per sqft. Before that, the property was also sold for $35,000 in Jan 31, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $635 in taxes each year. 3368 Douglass Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,425. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $9,425. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • 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
  • 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: Detached
  • Garage Square Area: 180
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,258
  • Lot Size Depth Feet: 2,510
  • Lot Size Frontage Feet: 530
  • Total Building Area: 890
  • Gross Building Area: 890
  • Building Area: 890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 890
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKLAWN
  • Land Acres: 0.304
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NEIGHBORHOOD REVIVAL LLC
  • Previous Owner : RLT ROSEMARIE JUSTUS DATTEL
  • Owner Before Previous Owner: PHIPPS CYNTHIA R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007000

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-5113-0-0035
  • Lot: 4
  • Municipality: MEMPHIS
  • Latitude: 35.1095
  • Longitude: -89.9503

    Address

  • Full Address: 3368 Douglass Ave
  • Address - House Number: 3368
  • Address - Street Name: Douglass
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C056
  • 4-Digit Zip Code: 4212
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $635

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 388,398
  • High Value: 565,044
  • Low Value: 211,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,283,200
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Loan Amount: $3,283,200
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 07, 2042

    Market Valuation

  • Market Total Value: $41,700
  • Market Land Value: $4,000
  • Market Improvement Value: $37,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,425
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $9,425

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Transaction ID: 11618634855
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906140058553
  • Previous Sale Recording Date: Feb 04, 2014
  • Previous Sale Contract Date: Jan 31, 2014
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 3368 Douglass Avenue located in?
The 3368 Douglass Avenue is a house located in the neighborhood of Messick Buntyn in Jackson - University Area, Memphis.
What is the average sales price for listings in 3368 Douglass Avenue?
The average sales price for units in 3368 Douglass Avenue is $0 currently.

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