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3591 Wilshire Road

3591 Wilshire Road, Memphis, TN 38111
Sold Mar 02, 2022
$104,900
$83,920 by Securitynational Mortgage Comp
Mortgage Due Mar 01, 2052
Sold Oct 05, 2021
$57,000
$225,600 by Paragon Bank
Mortgage Due Oct 10, 2022
3591 Wilshire 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 1940 and is 84 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, 3591 Wilshire Road has 758 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 1,610 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,050 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. 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Feb 26, 2022 for $104,900. That's $138.39 per sqft. Prior to that sales transaction, the property was also sold in Oct 4, 2021 for $57,000. 3591 Wilshire Road was last assessed in 2022. The total value of the property was assessed at $10,900. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $7,900. 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 $729. 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: 1940
  • Effective Year Built: 1940
  • 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: C
  • Construction Type: Frame
  • Building Style: Cottage
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,050
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 500
  • Total Building Area: 758
  • Gross Building Area: 758
  • Building Area: 758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 758
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHOMSEVI SUPAVUD
  • Previous Owner : MEMPHIS INVESTMENT PROPERTIES III LLC
  • Owner Before Previous Owner: ARMSTRONG AARON
  • Owner Before Previous Owner 2: BUTLER FAMILY TRUST
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008000

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-8043-0-0010
  • Lot: 45
  • Municipality: MEMPHIS
  • Latitude: 35.102
  • Longitude: -89.9431

    Address

  • Full Address: 3591 Wilshire Rd
  • Address - House Number: 3591
  • Address - Street Name: Wilshire
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C085
  • 4-Digit Zip Code: 5613
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $729

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 390,551
  • High Value: 568,177
  • Low Value: 212,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,920
  • First Open Lien Mortgage Lender: SECURITYNATIONAL MORTGAGE COMP
  • First Open Lien Mortgage Recording Date: Mar 02, 2022
  • First Open Lien Mortgage Loan Amount: $83,920
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $43,600
  • Market Land Value: $12,000
  • Market Improvement Value: $31,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,900
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $7,900

    Sales

  • Current Sale Contract Date: Feb 26, 2022
  • Current Sale Recording Date: Mar 02, 2022
  • Current Sale Transaction ID: 11880462003
  • Current Sale Price: $104,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24070
  • Previous Sale Recording Date: Oct 05, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITYNATIONAL MORTGAGE COMP
  • First Mortgage Transaction Date: Mar 02, 2022
  • First Mortgage Loan Amount: $83,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PARAGON BANK
  • Previous Mortgage Transaction Date: Oct 05, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $225,600
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Oct 10, 2022

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 3591 Wilshire Road located in?
The 3591 Wilshire Road is a located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
What is the average sales price for listings in 3591 Wilshire Road?
The average sales price for units in 3591 Wilshire Road is $0 currently.

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