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3568 Coleman Avenue

3568 Coleman Avenue, Memphis, TN 38122
Property in Grahamwood
Sold Feb 16, 2022
$153,750
Sold Jun 30, 2021
$66,000
Local assessors in Memphis, TN have categorized 3568 Coleman Avenue as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 1 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3568 Coleman Avenue has a total of 2,988 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is 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, 3568 Coleman Avenue was last sold in Feb 11, 2022 for $153,750. According to our calculations, that's $51.46 per sqft. Prior to that sales transaction, the property was sold for $66,000 in Jun 22, 2021. Current property owners are expected to pay $1,220 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 3568 Coleman Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,025. To break that down further, the land itself was valued at $2,200. While improvements to the property were assessed at a total of $17,825. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,988
  • Gross Building Area: 2,988
  • Building Area: 2,988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,988
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TREADWELL OAKS
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS COLEMAN

Ownership

  • Current Owner : KEVIN D SMITH LIVING TRUST
  • Previous Owner : MFR 5 LLC
  • Owner Before Previous Owner: CIFUENTES IVAN ROSS
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001200

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 8-131
  • District: O
  • Parcel: 03-8055-0-0033
  • Block: B
  • Lot: 48
  • Municipality: MEMPHIS
  • Latitude: 35.1559
  • Longitude: -89.9417

    Address

  • Full Address: 3568 Coleman Ave
  • Address - House Number: 3568
  • Address - Street Name: Coleman
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 3426
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,220
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 153,433
  • High Value: 189,040
  • Low Value: 117,827

    Market Valuation

  • Market Total Value: $80,100
  • Market Land Value: $8,800
  • Market Improvement Value: $71,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,025
  • Assessed Land Value: $2,200
  • Assessed Improvements Value: $17,825

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Transaction ID: 11879720756
  • Current Sale Price: $153,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18249
  • Previous Sale Recording Date: Jun 30, 2021
  • Previous Sale Contract Date: Jun 22, 2021
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 3568 Coleman Avenue located in?
The 3568 Coleman Avenue is a located in the neighborhood of Grahamwood in Grahamwood, Memphis.
What is the average sales price for listings in 3568 Coleman Avenue?
The average sales price for units in 3568 Coleman Avenue is $0 currently.

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