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3536 Venable Road

3536 Venable Road, Memphis, TN 38118
Sold Oct 17, 2023
$72,000
Sold Apr 12, 2023
$39,000
$71,600 by Crestcore Financial Llc
Mortgage Due Oct 10, 2023
3536 Venable 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 1955 and is 69 years old. The home has a total of 5 rooms. 3 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, 3536 Venable Road has 888 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 1,200 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,200 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. 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 D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with an air conditioning type we are unsure of at the moment. In terms of heating, it 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, 3536 Venable Road sold most recently in Sep 27, 2023 for a total of $72,000. If you work out the math, that's approximately a cost of $81.08 per sqft. Before that, the property was also sold for $39,000 in Mar 20, 2023. 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 $528 in taxes each year. 3536 Venable Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $8,675. If we break it down further, the land itself was valued at $1,750. Improvements to the property, however, were assessed at a total of $6,925. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 888
  • Gross Building Area: 888
  • Building Area: 888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 888
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAMAR VIEW
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINEZ KEVIN IVANIA MARTI
  • Previous Owner : ROSCOE GRAVES LLC
  • Owner Before Previous Owner: FARRIS LUTHER R
  • Owner Before Previous Owner 2: FARRIS LUCIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010500

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-3017-0-0014
  • Lot: 60
  • Municipality: MEMPHIS
  • Latitude: 35.0765
  • Longitude: -89.9455

    Address

  • Full Address: 3536 Venable Rd
  • Address - House Number: 3536
  • Address - Street Name: Venable
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C051
  • 4-Digit Zip Code: 1642
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 385,966
  • High Value: 561,506
  • Low Value: 210,425

    Market Valuation

  • Market Total Value: $34,700
  • Market Land Value: $7,000
  • Market Improvement Value: $27,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,675
  • Assessed Land Value: $1,750
  • Assessed Improvements Value: $6,925

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Oct 17, 2023
  • Current Sale Transaction ID: 11914663106
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 89083
  • Previous Sale Recording Date: Apr 12, 2023
  • Previous Sale Contract Date: Mar 20, 2023
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CRESTCORE FINANCIAL LLC
  • Previous Mortgage Transaction Date: Apr 12, 2023
  • Previous Mortgage Loan Amount: $71,600
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 10, 2023

About Quince - Oakhaven-Parkway PD



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Frequently Asked Questions

What neighborhood is 3536 Venable Road located in?
The 3536 Venable Road is a located in the neighborhood of Quince - Oakhaven-Parkway PD in Quince - Oakhaven-Parkway PD, Memphis.
What is the average sales price for listings in 3536 Venable Road?
The average sales price for units in 3536 Venable Road is $0 currently.

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