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3424 Carnes Avenue

3424 Carnes Avenue, Memphis, TN 38111
Property in Messick Buntyn
Sold Apr 12, 2022
$90,000
$151,400 by Planters Bank & Trust Company
Mortgage Due May 10, 2028
Sold Dec 26, 2018
$64,999
$51,999 by Northpointe Bank
Mortgage Due Jan 01, 2049
3424 Carnes Avenue in Memphis, TN was first built in 1922 and is 102 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3424 Carnes Avenue has 1,210 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 2,800. In total, the area measurement of the land is 15,400 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 168 sqft. There are a total of 5 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with an air conditioning type we are unsure of. As for heating, the home is utilizing a 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, 3424 Carnes Avenue was last sold in Mar 30, 2022 for $90,000. According to our calculations, that's $74.38 per sqft. Prior to that sales transaction, the property was sold for $64,999 in Dec 20, 2018. Current property owners are expected to pay $908 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 3424 Carnes Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $14,900. To break that down further, the land itself was valued at $1,000. While improvements to the property were assessed at a total of $13,900. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: Brick veneer
  • 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: 168
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 15,400
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,210
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND AVE
  • Land Acres: 0.354
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CAPITAL WEALTH INVESTMENT PROPERTIES GP
  • Previous Owner : HALIM ADAMS R
  • Previous Owner 2: HALIM SALINA P
  • Owner Before Previous Owner: KENNEDY RAYMOND PHILLIP
  • Owner Before Previous Owner 2: KENNEDY KELSEY M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 5-83
  • District: O
  • Parcel: 04-5118-0-0025
  • Lot: PT16
  • Municipality: MEMPHIS
  • Latitude: 35.1119
  • Longitude: -89.9482

    Address

  • Full Address: 3424 Carnes Ave
  • Address - House Number: 3424
  • Address - Street Name: Carnes
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C087
  • 4-Digit Zip Code: 4231
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $908
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 142,815
  • High Value: 158,380
  • Low Value: 127,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,400
  • First Open Lien Mortgage Lender: PLANTERS BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: May 30, 2023
  • First Open Lien Mortgage Loan Amount: $151,400
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 10, 2028

    Market Valuation

  • Market Total Value: $59,600
  • Market Land Value: $4,000
  • Market Improvement Value: $55,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,900
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $13,900

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11885764627
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41299
  • Previous Sale Recording Date: Dec 26, 2018
  • Previous Sale Contract Date: Dec 20, 2018
  • Previous Sale Amount: $64,999
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIDGE CAPITAL THRIFT AND LOAN
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: NORTHPOINTE BANK
  • Previous Mortgage Transaction Date: Dec 26, 2018
  • Previous Mortgage Loan Amount: $51,999
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 3424 Carnes Avenue located in?
The 3424 Carnes Avenue is a located in the neighborhood of Messick Buntyn in Jackson - University Area, Memphis.
What is the average sales price for listings in 3424 Carnes Avenue?
The average sales price for units in 3424 Carnes Avenue is $0 currently.

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