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3605 Fairmont Avenue

3605 Fairmont Avenue, Memphis, TN 38122
Property in Shelby
Sold Feb 02, 1999
$54,500
$55,392 by Brighton Bank
Mortgage Due Feb 01, 2029
3605 Fairmont Avenue in Memphis, TN was first built in 1947 and is 77 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. 3605 Fairmont Avenue has 1,308 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 2,050. In total, the area measurement of the land is 13,899 square feet.

Learn more about the property and building on this page. There is 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 240 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 rock and stone. 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. The property was last sold in Jan 29, 1999 for $54,500. That's $41.67 per sqft. 3605 Fairmont Avenue was last assessed in 2022. The total value of the property was assessed at $12,500. Specifically, the land the property is located on was valued at $2,450. While improvements on the property were assessed at a total of $10,050. 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 $761. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1947
  • Effective Year Built: 1947
  • 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: Rock and stone
  • 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: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,899
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,308
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN S SMITH RE OF
  • Land Acres: 0.319
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E O BAILEY LAND COMPANYS SUBDV S S FAIRMONT TO FAIROAKS

Ownership

  • Current Owner : BOND JOYCE A
  • Previous Owner : REEVES MARTHA REVOCABLE TRUST
  • Previous Owner 2: DAVID JAMES DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001100

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 11-47
  • District: O
  • Parcel: 04-3073-0-0006
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.1677
  • Longitude: -89.9401

    Address

  • Full Address: 3605 Fairmont Ave
  • Address - House Number: 3605
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C082
  • 4-Digit Zip Code: 4916
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $761

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 391,281
  • High Value: 569,239
  • Low Value: 213,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,392
  • First Open Lien Mortgage Lender: BRIGHTON BANK
  • First Open Lien Mortgage Recording Date: Feb 02, 1999
  • First Open Lien Mortgage Loan Amount: $55,392
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2029

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $9,800
  • Market Improvement Value: $40,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,500
  • Assessed Land Value: $2,450
  • Assessed Improvements Value: $10,050

    Sales

  • Current Sale Contract Date: Jan 29, 1999
  • Current Sale Recording Date: Feb 02, 1999
  • Current Sale Transaction ID: 1176753079
  • Current Sale Price: $54,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: JC-3399

    Last Sale Mortgage

  • First Mortgage Lender: BRIGHTON BANK
  • First Mortgage Transaction Date: Feb 02, 1999
  • First Mortgage Loan Amount: $55,392
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2029
  • Second Mortgage Loan Amount: $2,876

About Memphis



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Frequently Asked Questions

What neighborhood is 3605 Fairmont Avenue located in?
The 3605 Fairmont Avenue is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 3605 Fairmont Avenue?
The average sales price for units in 3605 Fairmont Avenue is $0 currently.

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