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3414 Parker Avenue

3414 Parker Avenue, Memphis, TN 38111
Sold Mar 17, 2021
$88,000
$85,063 by Broker Solutions Inc
Mortgage Due Apr 01, 2051
Sold Oct 28, 2020
$15,900
3414 Parker 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2007. The home has a total of 4 rooms. 3 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, 3414 Parker Avenue has 1,494 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 950 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,823 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. 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. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of asbestos 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3414 Parker Avenue was last sold in Mar 16, 2021 for $88,000. According to our calculations, that's $58.90 per sqft. Prior to that sales transaction, the property was sold for $15,900 in Oct 16, 2020. Current property owners are expected to pay $943 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 3414 Parker Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,475. To break that down further, the land itself was valued at $1,600. While improvements to the property were assessed at a total of $13,875. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1950
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • 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: 6,823
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,494
  • Gross Building Area: 1,494
  • Building Area: 1,494
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,494
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESCOTT VILLAGE 1ST AND 2ND ADDN
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS PARKER 98 FT W OF GOTTEN

Ownership

  • Current Owner : GLEETON FINIS
  • Previous Owner : MARTINEZ MARIO
  • Owner Before Previous Owner: WEAVER SHERRIE
  • Owner Before Previous Owner 2: 3414 PARKER AVE LAND TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-8016-0-0008
  • Lot: 35
  • Municipality: MEMPHIS
  • Latitude: 35.0876
  • Longitude: -89.9489

    Address

  • Full Address: 3414 Parker Ave
  • Address - House Number: 3414
  • Address - Street Name: Parker
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 5014
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $943
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 395,414
  • High Value: 575,251
  • Low Value: 215,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,063
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $85,063
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $61,900
  • Market Land Value: $6,400
  • Market Improvement Value: $55,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,475
  • Assessed Land Value: $1,600
  • Assessed Improvements Value: $13,875

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Transaction ID: 11824980934
  • Current Sale Price: $88,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21030356
  • Previous Sale Recording Date: Oct 28, 2020
  • Previous Sale Contract Date: Oct 16, 2020
  • Previous Sale Amount: $15,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Mar 17, 2021
  • First Mortgage Loan Amount: $85,063
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 3414 Parker Avenue located in?
The 3414 Parker Avenue is a house located in the neighborhood of Depot Planning District in Depot Planning District, Memphis.
What is the average sales price for listings in 3414 Parker Avenue?
The average sales price for units in 3414 Parker Avenue is $0 currently.

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