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3501 Brookmeade Street

3501 Brookmeade Street, Memphis, TN 38127
House in Rangeline
Sold Jun 28, 2019
$38,793
Sold Mar 01, 2004
$36,375
Buyer
Hud
Seller
Local assessors in Memphis, TN have categorized 3501 Brookmeade Street as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 14,160 square feet. The linear feet between the front and back of the lot was measured at 1,770 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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 3501 Brookmeade Street has a total of 1,381 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D. The building has a gable style roof that was made of composition shingle. 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 central heating system is the primary heating source and it is 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, 3501 Brookmeade Street sold most recently in Jun 19, 2019 for a total of $38,793. If you work out the math, that's approximately a cost of $28.09 per sqft. Before that, the property was also sold for $36,375 in Feb 25, 2004. 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 $994 in taxes each year. 3501 Brookmeade Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $16,325. If we break it down further, the land itself was valued at $2,025. Improvements to the property, however, were assessed at a total of $14,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • 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: Detached
  • Garage Square Area: 576
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,160
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,381
  • Gross Building Area: 1,381
  • Building Area: 1,381
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,381
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAMBELLE HEIGHTS
  • Land Acres: 0.325
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HAPPY RENTAL REAL ESTATE LLC
  • Previous Owner : JORDAN BORIS A
  • Previous Owner 2: JORDAN AMY M
  • Owner Before Previous Owner: HUD
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010210

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-2075-0-0012
  • Lot: 6
  • Municipality: MEMPHIS
  • Latitude: 35.2212
  • Longitude: -89.9808

    Address

  • Full Address: 3501 Brookmeade St
  • Address - House Number: 3501
  • Address - Street Name: Brookmeade
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C036
  • 4-Digit Zip Code: 5830
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $994

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 102,867
  • High Value: 128,454
  • Low Value: 77,280

    Market Valuation

  • Market Total Value: $65,300
  • Market Land Value: $8,100
  • Market Improvement Value: $57,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,325
  • Assessed Land Value: $2,025
  • Assessed Improvements Value: $14,300

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11620802779
  • Current Sale Price: $38,793
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906280064363
  • Previous Sale Recording Date: Mar 01, 2004
  • Previous Sale Contract Date: Feb 25, 2004
  • Previous Sale Amount: $36,375
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $30,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2024

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3501 Brookmeade Street located in?
The 3501 Brookmeade Street is a house located in the neighborhood of Rangeline in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3501 Brookmeade Street?
The average sales price for units in 3501 Brookmeade Street is $53,000 currently.

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