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3475 Hester Road

3475 Hester Road, Memphis, TN 38111
Sold Oct 03, 2016
$55,000
$41,250 by Security National Mortgage Co
Mortgage Due Apr 01, 2047
Sold Aug 06, 2013
$42,212
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3475 Hester Road 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. The home has a total of 4 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, 3475 Hester Road has 870 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 1,240 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,067 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 brick veneer. In terms of heating, it is utilizing a forced air unit 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, 3475 Hester Road was last sold in Sep 26, 2016 for $55,000. According to our calculations, that's $63.22 per sqft. Prior to that sales transaction, the property was sold for $42,212 in Aug 2, 2013. Current property owners are expected to pay $606 in taxes per year. The property on 3475 Hester Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $9,950. To break that down further, the land itself was valued at $1,600. While improvements to the property were assessed at a total of $8,350. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: Brick veneer
  • 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: 8,067
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 600
  • Total Building Area: 870
  • Gross Building Area: 870
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 870
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTMOOR
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS HESTER

Ownership

  • Current Owner : FULL HOUSE RESIDENTIAL LLC
  • Previous Owner : JBJ PROPERTIES LLC
  • Owner Before Previous Owner: FAIRWAY CAPITLAL PARTNERS LLC

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-8014-0-0018
  • Lot: 182
  • Municipality: MEMPHIS
  • Latitude: 35.0899
  • Longitude: -89.9468

    Address

  • Full Address: 3475 Hester Ave
  • Address - House Number: 3475
  • Address - Street Name: Hester
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 5139
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $606

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 62,524
  • High Value: 90,960
  • Low Value: 34,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $41,250
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 08, 2017
  • First Open Lien Mortgage Loan Amount: $41,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $39,800
  • Market Land Value: $6,400
  • Market Improvement Value: $33,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,950
  • Assessed Land Value: $1,600
  • Assessed Improvements Value: $8,350

    Sales

  • Current Sale Contract Date: Sep 26, 2016
  • Current Sale Recording Date: Oct 03, 2016
  • Current Sale Transaction ID: 1789238410
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16100993
  • Previous Sale Recording Date: Aug 06, 2013
  • Previous Sale Contract Date: Aug 02, 2013
  • Previous Sale Amount: $42,212
  • Previous Sale Document Type: Warranty Deed

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 3475 Hester Road located in?
The 3475 Hester Road 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 3475 Hester Road?
The average sales price for units in 3475 Hester Road is $0 currently.

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