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3535 Steve Road

3535 Steve Road, Memphis, TN 38111
Sold Feb 10, 2021
$50,000
$32,500 by Bank Of Bartlett
Mortgage
Sold Mar 19, 2002
$25,600
Hud
Seller
3535 Steve Road in Memphis, TN was first built in 1950 and is 74 years old. 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. There are a total of 1 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3535 Steve Road has 1,120 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 780 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,649 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of asbestos shingle. 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. 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, 3535 Steve Road sold most recently in Feb 5, 2021 for a total of $50,000. If you work out the math, that's approximately a cost of $44.64 per sqft. Before that, the property was also sold for $25,600 in Mar 12, 2002. 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 $661 in taxes each year. 3535 Steve Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,850. If we break it down further, the land itself was valued at $1,625. Improvements to the property, however, were assessed at a total of $9,225. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • 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: 8,649
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,120
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BONNIE BRIAR RE
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OF LOTS 28 & 29 BLK A JOHNSONS SOUTHMOOR S/D & PT ELAM SUBDV SS STEVE JCT ELLSWORTH 3535

Ownership

  • Current Owner : RICHTER ROBERT A
  • Previous Owner : EMMAUS PROPERTIES LLC
  • Owner Before Previous Owner: HUD
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 16, 2024

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-8018-0-0038
  • Block: A
  • Lot: 22
  • Municipality: MEMPHIS
  • Latitude: 35.0852
  • Longitude: -89.9449

    Address

  • Full Address: 3535 Steve Rd
  • Address - House Number: 3535
  • Address - Street Name: Steve
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C093
  • 4-Digit Zip Code: 4903
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 90,721
  • High Value: 113,286
  • Low Value: 68,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,500
  • First Open Lien Mortgage Lender: BANK OF BARTLETT
  • First Open Lien Mortgage Recording Date: Feb 10, 2021
  • First Open Lien Mortgage Loan Amount: $32,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $43,400
  • Market Land Value: $6,500
  • Market Improvement Value: $36,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,850
  • Assessed Land Value: $1,625
  • Assessed Improvements Value: $9,225

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Transaction ID: 11816338630
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21017250
  • Previous Sale Recording Date: Mar 19, 2002
  • Previous Sale Contract Date: Mar 12, 2002
  • Previous Sale Amount: $25,600
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF BARTLETT
  • First Mortgage Transaction Date: Feb 10, 2021
  • First Mortgage Loan Amount: $32,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 3535 Steve Road located in?
The 3535 Steve Road is a located in the neighborhood of Depot Planning District in Depot Planning District, Memphis.
What is the average sales price for listings in 3535 Steve Road?
The average sales price for units in 3535 Steve Road is $0 currently.

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