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365 King Avenue

365 King Avenue, Memphis, TN 38109
House in Walker
Sold Oct 01, 2021
$86,000
$83,420 by Community Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Dec 06, 2006
$66,900
$66,900 by Homecomings Financial Llc
Mortgage Due Dec 01, 2036
Local assessors in Memphis, TN have categorized 365 King Avenue as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1994. The property's lot size has been calculated to be 6,600 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 365 King Avenue has a total of 1,332 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 brick veneer were used in the construction of the exterior walls of the home. Residents rely on an air conditioning type we are unsure of for their cooling system. The home's a heating system 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, 365 King Avenue was last sold in Sep 23, 2021 for $86,000. According to our calculations, that's $64.56 per sqft. Prior to that sales transaction, the property was sold for $66,900 in Nov 21, 2006. Current property owners are expected to pay $1,025 in taxes per year. The property on 365 King Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $16,825. To break that down further, the land itself was valued at $1,125. While improvements to the property were assessed at a total of $15,700. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Driveway

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

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,332
  • Gross Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,332
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J E WALKER HOMES
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PHIPPS ANDREA
  • Previous Owner : RANDOLPH DONALD P
  • Previous Owner 2: RANDOLPH GLORIA M
  • Owner Before Previous Owner: JONES PHYLLIS J
  • Owner Before Previous Owner 2: MONTGOMERY ANGELA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022220

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-5052-0-0002
  • Lot: 449
  • Municipality: MEMPHIS
  • Latitude: 35.0599
  • Longitude: -90.0763

    Address

  • Full Address: 365 King Ave
  • Address - House Number: 365
  • Address - Street Name: King
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C087
  • 4-Digit Zip Code: 3269
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,025

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 397,289
  • High Value: 577,979
  • Low Value: 216,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,420
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $83,420
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $67,300
  • Market Land Value: $4,500
  • Market Improvement Value: $62,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,825
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $15,700

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11857449753
  • Current Sale Price: $86,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21123210
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Contract Date: Nov 21, 2006
  • Previous Sale Amount: $66,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $83,420
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMECOMINGS FINANCIAL LLC
  • Previous Mortgage Transaction Date: Dec 06, 2006
  • Previous Mortgage Loan Amount: $66,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About South Memphis Planning Dist



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Frequently Asked Questions

What neighborhood is 365 King Avenue located in?
The 365 King Avenue is a house located in the neighborhood of Walker in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 365 King Avenue?
The average sales price for units in 365 King Avenue is $0 currently.

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