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3556 Philwood Avenue

3556 Philwood Avenue, Memphis, TN 38122
House in Shelby
Sold May 23, 2022
$274,500
$274,500 by First Horizon Bank
Mortgage Due Jun 01, 2052
Sold May 06, 2019
$192,500
$182,875 by Fairway Independent Mortgage C
Mortgage Due May 01, 2049
3556 Philwood Avenue in Memphis, TN was first built in 1952 and is 72 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 traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3556 Philwood Avenue has 1,304 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 600 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 7,356 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 360 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3556 Philwood Avenue was last sold in May 16, 2022 for $274,500. According to our calculations, that's $108.84 per sqft. Prior to that sales transaction, the property was sold for $192,500 in Apr 22, 2019. Current property owners are expected to pay $3,382 in taxes per year. The property on 3556 Philwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $55,525. To break that down further, the land itself was valued at $12,075. While improvements to the property were assessed at a total of $43,450. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

Detached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,356
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,522
  • Gross Building Area: 2,522
  • Building Area: 1,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,304
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANDLERS GREENLAWN 1ST ADDITION
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS PHILWOOD

Ownership

  • Current Owner : EDGINGTON ALEXANDRIA MORGAN
  • Current Owner 2: EDGINGTON JAMES ALLEN
  • Previous Owner : HUNTER GROENEVELD JONATHAN
  • Owner Before Previous Owner: BARLOW ANITA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 10-37
  • District: O
  • Parcel: 04-4084-0-0023
  • Lot: 16
  • Municipality: MEMPHIS
  • Latitude: 35.1455
  • Longitude: -89.9426

    Address

  • Full Address: 3556 Philwood Ave
  • Address - House Number: 3556
  • Address - Street Name: Philwood
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C073
  • 4-Digit Zip Code: 4556
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,382

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 294,821
  • High Value: 363,239
  • Low Value: 226,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,500
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: May 23, 2022
  • First Open Lien Mortgage Loan Amount: $274,500
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $222,100
  • Market Land Value: $48,300
  • Market Improvement Value: $173,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,525
  • Assessed Land Value: $12,075
  • Assessed Improvements Value: $43,450

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Transaction ID: 11888230411
  • Current Sale Price: $274,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 57600
  • Previous Sale Recording Date: May 06, 2019
  • Previous Sale Contract Date: Apr 22, 2019
  • Previous Sale Amount: $192,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: May 23, 2022
  • First Mortgage Loan Amount: $274,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: May 06, 2019
  • Previous Mortgage Loan Amount: $182,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2049

About Memphis



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Frequently Asked Questions

What neighborhood is 3556 Philwood Avenue located in?
The 3556 Philwood Avenue is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 3556 Philwood Avenue?
The average sales price for units in 3556 Philwood Avenue is $199,000 currently.

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