3920 University Street

3920 University Street in Memphis, TN was first built in 1959 and is 65 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 ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3920 University Street has 1,703 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 910 ft and the linear feet between the front and back of the lot is 2,300. In total, the area measurement of the land is 19,197 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 attached garage. The garage is 399 sqft. There is one available parking space. 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 brick veneer. 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. 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, 3920 University Street sold most recently in Apr 23, 2020 for a total of $68,000. If you work out the math, that's approximately a cost of $32.35 per sqft. Before that, the property was also sold for $84,836 in Oct 1, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,215 in taxes each year. 3920 University Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,950. If we break it down further, the land itself was valued at $2,550. Improvements to the property, however, were assessed at a total of $17,400. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.