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3869 Allison Avenue

3869 Allison Avenue, Memphis, TN 38122
Property in Shelby
Sold Oct 25, 2021
$245,000
$232,750 by Regions Bank
Mortgage Due Nov 01, 2051
Sold Aug 08, 2017
$180,000
$180,000 by Renasant Bank
Mortgage Due Aug 01, 2047
Local assessors in Memphis, TN have categorized 3869 Allison Avenue 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 2002. The property's lot size has been calculated to be 7,471 square feet. The linear feet between the front and back of the lot was measured at 1,020 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 traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 3869 Allison Avenue has a total of 999 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 528 sqft. 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 - 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 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3869 Allison Avenue sold most recently in Oct 20, 2021 for a total of $245,000. If you work out the math, that's approximately a cost of $245.25 per sqft. Before that, the property was also sold for $180,000 in Jul 28, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,376 in taxes each year. 3869 Allison Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $55,425. If we break it down further, the land itself was valued at $8,050. Improvements to the property, however, were assessed at a total of $47,375. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Detached Garage
Gated Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • 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
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,471
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 600
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 999
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAHAM GARDENS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS ALLISON

Ownership

  • Current Owner : THORNTON ZACHERY
  • Previous Owner : FRANCISCO ANDREW R
  • Previous Owner 2: MAYBEE CHALISE L
  • Owner Before Previous Owner: SMITH AMANDA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-4127-0-0002
  • Block: B
  • Lot: 123
  • Municipality: MEMPHIS
  • Latitude: 35.1434
  • Longitude: -89.9321

    Address

  • Full Address: 3869 Allison Ave
  • Address - House Number: 3869
  • Address - Street Name: Allison
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C091
  • 4-Digit Zip Code: 3819
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,376

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 289,574
  • High Value: 353,671
  • Low Value: 225,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,750
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Loan Amount: $232,750
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $221,700
  • Market Land Value: $32,200
  • Market Improvement Value: $189,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,425
  • Assessed Land Value: $8,050
  • Assessed Improvements Value: $47,375

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11860455329
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21133723
  • Previous Sale Recording Date: Aug 08, 2017
  • Previous Sale Contract Date: Jul 28, 2017
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $232,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RENASANT BANK
  • Previous Mortgage Transaction Date: Aug 08, 2017
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Memphis



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Frequently Asked Questions

What neighborhood is 3869 Allison Avenue located in?
The 3869 Allison Avenue is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 3869 Allison Avenue?
The average sales price for units in 3869 Allison Avenue is $0 currently.

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