Check Availability

3461 South 3rd Street

3461 South 3rd Street, Memphis, TN 38109
Local assessors in Memphis, TN have categorized 3461 South 3rd Street as a office type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 162,651 square feet. 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 3461 South 3rd Street has a total of 11,232 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. 3461 South 3rd Street is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. 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 - C. Lots of brick veneer 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 heating system is the primary heating source. 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, 3461 South 3rd Street sold most recently in Jul 1, 2015 for a total of $1,400,000. If you work out the math, that's approximately a cost of $124.64 per sqft. 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 $33,616 in taxes each year. 3461 South 3rd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $551,840. If we break it down further, the land itself was valued at $100,640. Improvements to the property, however, were assessed at a total of $451,200. 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. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Steel
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 162,651
  • Total Building Area: 11,232
  • Gross Building Area: 11,232
  • Building Area: 11,232
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 11,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Office
  • Subdivision: MITCHELL THIRD STREET SUBDIVISION
  • Land Acres: 3.734
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: WS SOUTH THIRD ST SEE MAP 183 I

Ownership

  • Current Owner : RAINIER GSAP I MEMPHIS LLC
  • Previous Owner : BURTON JUSTIN A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022310

Zoning

  • Zoning: CMU-3

Geography

  • Assessors Map Reference: MB 216-059
  • District: O
  • Parcel: 07-5074-0-0085C
  • Lot: 1-3
  • Municipality: MEMPHIS
  • Latitude: 35.0537
  • Longitude: -90.0612

    Address

  • Full Address: 3461 S 3rd St
  • Address - House Number: 3461
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C073
  • 4-Digit Zip Code: 8242
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,497,000
  • First Open Lien Mortgage Lender: RAINIER GSA PORTFOLIO I LLC
  • First Open Lien Mortgage Recording Date: Jul 06, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,497,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 15, 2036

    Market Valuation

  • Market Total Value: $1,379,600
  • Market Land Value: $251,600
  • Market Improvement Value: $1,128,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $551,840
  • Assessed Land Value: $100,640
  • Assessed Improvements Value: $451,200

    Sales

  • Current Sale Contract Date: Jul 01, 2015
  • Current Sale Recording Date: Jul 06, 2015
  • Current Sale Transaction ID: 1217023604
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 15064584

    Last Sale Mortgage

  • First Mortgage Lender: RAINIER GSA PORTFOLIO I LLC
  • First Mortgage Transaction Date: Jul 06, 2015
  • First Mortgage Loan Amount: $1,497,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 15, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mc Kellar - Whitehaven-Levi PD



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 672 Blackhawk Road, Memphis, TN, 38109

$1,450 /mo

  • 4 Beds
  • 1 Bath
672 Blackhawk Road #672 Blackhawk Road, Memphis, TN, 38109 Listing by Manager
Unit for rent at 3690 Ford, MEMPHIS, TN, 38109

$1,300 /mo

  • 4 Beds
  • 1.5 Baths
  • 1,096 ft²
3690 Ford #3690 FORD, MEMPHIS, TN, 38109 Listing by Manager

Frequently Asked Questions

What neighborhood is 3461 South 3rd Street located in?
The 3461 South 3rd Street is a located in the neighborhood of Valey Forge Civic League in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 3461 South 3rd Street?
The average sales price for units in 3461 South 3rd Street is $0 currently.

Quantcast