Check Availability

3824 Mimosa Road

3824 Mimosa Road, Memphis, TN 38111
House in Shelby
Sold Aug 15, 2018
$339,000
Sold Jul 15, 2013
$220,000
$150,000 by Financial Federal Bank
Mortgage Due Aug 01, 2043
Local assessors in Memphis, TN have categorized 3824 Mimosa Road as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 10,125 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 750 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 7 rooms in the home. Of these, 3 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 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 3824 Mimosa Road has a total of 1,731 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 both a unknown and a unknown so you'll have great options in both the front and 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 - A. 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 central air conditioning for their cooling system. The home's a central 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, 3824 Mimosa Road was last sold in Aug 13, 2018 for $339,000. According to our calculations, that's $195.84 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Jul 8, 2013. Current property owners are expected to pay $4,960 in taxes per year. The property on 3824 Mimosa Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $81,425. To break that down further, the land itself was valued at $20,325. While improvements to the property were assessed at a total of $61,100. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1950
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • 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: 10,125
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,731
  • Gross Building Area: 1,731
  • Building Area: 1,731
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,731
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWIN WILLOWS
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS MIMOSA

Ownership

  • Current Owner : FONES ALLISON P
  • Previous Owner : STRINGFELLOW KATHERINE A
  • Previous Owner 2: ADAMS KATHERINE C
  • Owner Before Previous Owner: SEAWRIGHT JOSEPH POWER
  • Owner Before Previous Owner 2: SEAWRIGHT COURTNEY W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-4102-0-0017
  • Lot: 110
  • Municipality: MEMPHIS
  • Latitude: 35.1391
  • Longitude: -89.9339

    Address

  • Full Address: 3824 Mimosa Ave
  • Address - House Number: 3824
  • Address - Street Name: Mimosa
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 6941
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,960

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 433,780
  • High Value: 537,266
  • Low Value: 330,294

    Market Valuation

  • Market Total Value: $325,700
  • Market Land Value: $81,300
  • Market Improvement Value: $244,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,425
  • Assessed Land Value: $20,325
  • Assessed Improvements Value: $61,100

    Sales

  • Current Sale Contract Date: Aug 13, 2018
  • Current Sale Recording Date: Aug 15, 2018
  • Current Sale Transaction ID: 11492477399
  • Current Sale Price: $339,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18083192
  • Previous Sale Recording Date: Jul 15, 2013
  • Previous Sale Contract Date: Jul 08, 2013
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Aug 15, 2018
  • First Mortgage Loan Amount: $186,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL FEDERAL BANK
  • Previous Mortgage Transaction Date: Jul 15, 2013
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Memphis



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3824 Mimosa Road located in?
The 3824 Mimosa Road is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 3824 Mimosa Road?
The average sales price for units in 3824 Mimosa Road is $0 currently.

Quantcast