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3560 Poplar Avenue

3560 Poplar Avenue, Memphis, TN 38111
Multifamily in Red Acres
Sold Feb 04, 2021
$680,000
$507,500 by Loanleaders Of America Inc
Mortgage Due Nov 01, 2051
Sold Jul 29, 2019
$360,000
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3560 Poplar Avenue 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 1950 and is 74 years old. The home has a total of 16 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3560 Poplar Avenue has 8,397 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 2,500 ft and across the front of the lot is 1,800 ft. The area measurement of the land has been determined as 44,997 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 400 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 roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Jan 22, 2021 for $680,000. That's $80.98 per sqft. Prior to that sales transaction, the property was also sold in Jul 25, 2019 for $360,000. 3560 Poplar Avenue was last assessed in 2022. The total value of the property was assessed at $275,160. Specifically, the land the property is located on was valued at $123,120. While improvements on the property were assessed at a total of $152,040. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $16,762. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 2
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,997
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 8,397
  • Gross Building Area: 8,397
  • Building Area: 8,397
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 8,397
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RED ACRES
  • Land Acres: 1.033
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NS POPLAR 374.48 FT E OF GALLOWAY DR

Ownership

  • Current Owner : AMIRI BERTRAM
  • Current Owner 2: AMIRI ESTER
  • Previous Owner : MENON BALA
  • Previous Owner 2: MENON JENNIFER
  • Owner Before Previous Owner: DAVE DERMON COMPANY

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 8-76
  • District: O
  • Parcel: 04-4058-0-0029
  • Lot: 2&3
  • Municipality: MEMPHIS
  • Latitude: 35.1277
  • Longitude: -89.943

    Address

  • Full Address: 3560 Poplar Ave
  • Address - House Number: 3560
  • Address - Street Name: Poplar
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C055
  • 4-Digit Zip Code: 6006
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,762

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 861,343
  • High Value: 1,048,491
  • Low Value: 674,195

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $507,500
  • First Open Lien Mortgage Lender: LOANLEADERS OF AMERICA INC
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $507,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $687,900
  • Market Land Value: $307,800
  • Market Improvement Value: $380,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $275,160
  • Assessed Land Value: $123,120
  • Assessed Improvements Value: $152,040

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Feb 04, 2021
  • Current Sale Transaction ID: 11815779061
  • Current Sale Price: $680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21014536
  • Previous Sale Recording Date: Jul 29, 2019
  • Previous Sale Contract Date: Jul 25, 2019
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

About Jackson - University Area



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Nearby Rentals

Unit for rent at

$2,175 /mo

  • 3 Beds
  • 2 Baths
  • 1,405 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3560 Poplar Avenue located in?
The 3560 Poplar Avenue is a multifamily located in the neighborhood of Red Acres in Jackson - University Area, Memphis.
What is the average sales price for listings in 3560 Poplar Avenue?
The average sales price for units in 3560 Poplar Avenue is $0 currently.

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