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355 Lundee Place

355 Lundee Place, Memphis, TN 38111
House in Lundee
Sold Apr 08, 2019
$168,900
Sold Mar 02, 2017
$142,000
$139,428 by Mortgage Investors Group Inc
Mortgage Due Mar 01, 2047
355 Lundee Place 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 1939 and is 85 years old. The home has a total of 5 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, 355 Lundee Place has 944 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 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,250 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 detached garage for those who require parking. The garage measured 200 sqft. Residents will have the luxury of enjoying both a unknown and 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 gable 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 central air conditioning at the moment. In terms of heating, it is utilizing a central heating system 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, 355 Lundee Place was last sold in Apr 5, 2019 for $168,900. According to our calculations, that's $178.92 per sqft. Prior to that sales transaction, the property was sold for $142,000 in Feb 27, 2017. Current property owners are expected to pay $2,324 in taxes per year. The property on 355 Lundee Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,150. To break that down further, the land itself was valued at $3,500. While improvements to the property were assessed at a total of $34,650. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 944
  • Gross Building Area: 944
  • Building Area: 944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 944
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DLUGACHS CENTRAL AVENUE
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: & S PT 122 WS LUNDEE 455 FT S OF CENTRAL

Ownership

  • Current Owner : GAEVERT RICHARD S
  • Current Owner 2: GAEVERT JULIE K
  • Previous Owner : FENNELL LANDEN B
  • Owner Before Previous Owner: WOLFE MICHEL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007100

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-5040-0-0005
  • Lot: PT121
  • Municipality: MEMPHIS
  • Latitude: 35.1223
  • Longitude: -89.9687

    Address

  • Full Address: 355 Lundee Pl
  • Address - House Number: 355
  • Address - Street Name: Lundee
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C084
  • 4-Digit Zip Code: 1818
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,324

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 211,652
  • High Value: 265,203
  • Low Value: 158,100

    Market Valuation

  • Market Total Value: $152,600
  • Market Land Value: $14,000
  • Market Improvement Value: $138,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,150
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $34,650

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Transaction ID: 11596265079
  • Current Sale Price: $168,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19033315
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 27, 2017
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Mar 02, 2017
  • Previous Mortgage Loan Amount: $139,428
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2047

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 355 Lundee Place located in?
The 355 Lundee Place is a house located in the neighborhood of Lundee in Depot Planning District, Memphis.
What is the average sales price for listings in 355 Lundee Place?
The average sales price for units in 355 Lundee Place is $0 currently.

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